TLDR: Binance’s NFT marketplace now supports Bitcoin NFTs. This is the fourth blockchain that the marketplace integrates.
The SEC sued Binance yesterday for allegedly breaking securities laws, but it doesn't stop the exchange growth. It has added support for Bitcoin non-fungible tokens today.
The Bitcoin NFTs include Bitcoin Bandits, Bitcoin Frogs, Bitcoin Fizzas, Bitcoin Punks, Bitcoin Wizards, Block Legends, BTC DeGods, BTC Machine and more.
Bitcoin NFTs are a new trend in the crypto market. They use ordinals, a way of creating on-chain art linked to satoshis, the smallest unit of bitcoin. Ordinals have boosted Bitcoin mining revenue to its highest level in over two years.
Ordinals have become popular in recent weeks. There are now more than 1 million inscriptions on Bitcoin. These are messages written on the blockchain that contain the NFT or token data. They can create NFTs and various tokens, mostly memecoins.
Binance’s NFT marketplace is one of the largest platforms for trading Bitcoin NFTs. It also supports trading NFTs on BNB Chain, Ethereum and Polygon.
