Binance NFT Marketplace Expands Offerings, Welcomes Bitcoin NFTs
Recently, the Binance NFT marketplace announced plans to support Bitcoin Ordinals later this month.
For now, the exchange hasn’t revealed a specific date for the launch.
However, Binance mentioned that the move is to expand its ecosystem and create more opportunities for NFT traders and collectors.
Binance NFT marketplace already supports NFTs on BNB Chain, Ethereum, and Polygon.
Therefore, supporting Bitcoin NFTs will increase its offerings to customers.
Moreover, it will now enable NFT investors to purchase Ordinals on the Bitcoin network from their accounts on Binance.
Thus customers don’t have to set up a taproot-compatible Bitcoin wallet before purchasing Ordinals.
Collectors usually create an Ordinal account before minting Yuga Lab’s TwelveFold Ordinals.
But now, new users can easily buy Bitcoin NFTs securely without such processes.
Besides a seamless purchase of Bitcoin NFTs, creators can generate more income through the Binance NFT royalty support.
Creators whose NFTs are traded on the marketplace will earn from the royalty support.
Binance also mentioned that supporting Bitcoin Ordinal on its platform will enable collectors to enjoy the stability and security of the exchange.
They will also enjoy seamless and efficient trading with Bitcoin NFTs on the exchange.
As such, Binance made an open call to NFT projects for collaboration to strengthen the Bitcoin
Ordinals community. Interested creators can fill out this form to reach Binance for collaboration.
The exchange also stated that collaborators would enjoy some benefits, such as gaining access to Binance’s NFT Discord channel for updates on the ecosystem.
They also can receive NFT airdrops for upcoming Bitcoin NFT projects.
Bitcoin NFTs are digital artifacts
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