Binance NFT marketplace ends support for Polygon
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Binance NFT marketplace ends support for Polygon
In effort to βstreamline'
Crypto exchange Binance is ending support for the Polygon network on its NFT marketplace.
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Binance NFT will stop supporting Polygon NFTs on September 26 at 6:00 UTC. Afterward, users won't be able to buy or list Polygon NFTs on the platform, and all impacted listings will be cancelled, Binance wrote in a Friday blog post.
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"Users should withdraw their NFTs via the Polygon Network from Binance NFT Marketplace by December 31, 2024 at 23:59 UTC," it stated.
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Binance is also discontinuing its NFT staking program for The Sandbox, and users won't be able to stake LAND NFTs on Polygon after September 26.
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"This decision was made after careful consideration and evaluation, and it is part of our ongoing efforts to streamline product offerings on Binance NFT Marketplace," Binance noted.
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After removing Polygon, Binance NFT will support three blockchains, including BNB Chain, Ethereum, and Bitcoin.
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The news arrived days after Binance CEO Changepeng Zhao denied rumours on X that executives had left the company or it was winding down any projects. But said in the same post that Binance has been handling a "smooth sunsetting of old products."
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