Binance NFT Marketplace

Binance NFT Marketplace

By HKMan | HK Blog | 27 Apr 2021


Binance has announced the creation of its very own NFT Marketplace which will launch sometime in June of this year. 

This marketplace will have two venues as they call it, one where they promote and sell certain NFTs of their choosing through "Premium Events" and a regular "Trading Market" that allows everyday users to sell, buy and create their very own NFTs at a very low price. Fees can be an issue with NFTs so this in particular should be a great for attracting more people to the NFT economy.  On top of that Binance promises to bring lots of exclusive collaborations with top-artists where you'll be able to buy or just admire their creations in auctions.

Another exciting part of this upcoming NFT Marketplace will be Royalties, creators will receive a 1% royalty fee each time their creation changes hands on the Trading Market further incentivizing more people to try their hands at creating and selling NFTs.

You can sign up the Binance NFT Newletter here to receive any and all announcements in regards to it.

 

If you don't have a Binance account yet you can use my referral code to save 10% on trading fees: https://www.binance.com/en/register?ref=RSV914E9 

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