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How to Deposit Bitcoin NFTs to Binance?

How to Deposit Bitcoin NFTs to Binance?

2023-06-06 10:00
You can deposit your Bitcoin NFTs to Binance easily by following the steps below.
Please note:
  • We only support the deposit of specific Bitcoin NFTs. Please check the supported whitelist collections from Supported Bitcoin NFT Collections.
  • Bulk deposits are currently not supported for Bitcoin NFTs. Please ensure each deposit transaction only contains one Bitcoin NFT.
  • Binance NFT only supports the deposit of Bitcoin NFTs. Please do not deposit Bitcoin tokens to this address.
  • When depositing NFTs, please avoid including additional BTC NFTs. We recommend you use a Bitcoin Ordinals NFT-supported wallet.
  • The deposit address provided by Binance NFT is a SegWit-type address. If your wallet indicates that it is not supported during the deposit process, please use another wallet.
  • Please ensure that the vout (transaction output) where the ordinals reside has sufficient sats to prevent this NFT from being considered 'dust'. Please note that the dust limit for Bitcoin is 546 sats. Any transaction below this threshold will not be processed and cannot be recovered.
  • Please double-check the deposit address before initiating any transfer to avoid potential losses. Any deposit made to an incorrect or unsupported deposit address could be lost and cannot be recovered.

How to deposit your Bitcoin NFTs to Binance? A step-by-step guide

1. Go to Binance NFT and log in to your account. Click [Deposit].
Alternatively, click [Deposit] on the Binance NFT profile page.
2. You’ll see a deposit NFT side panel. Choose the network of your wallet. Currently, we support BNB Smart Chain, Bitcoin, Ethereum, and Polygon.
Please select a compatible network for your NFTs, or you won’t be able to view the NFTs and NFT collections in the connected wallet during the deposit process.
Please note that if you deposit your BTC NFT to an incorrect or unsupported deposit address, it might be lost and cannot be recovered. Please double-check the deposit address before initiating any transfer to avoid potential losses.
To deposit BTC NFTs to Binance, choose [BTC] as your preferred network.
Note: The deposit address provided by Binance NFT is a SegWit-type address. If your wallet indicates that it is not supported during the deposit process, please use another wallet.
3. You will see your unique BTC NFT deposit address.
Please use this address when depositing your BTC NFTs to Binance.
4. Your NFT deposit request is being processed, please wait patiently. When the deposit has been completed, you will receive a notification regarding the status of your NFTs. If your deposit fails, you won’t receive any notification.
5. You can view your deposited NFTs from [Activity] - [Deposits]. You can also check the deposit record on the [Deposit BTC NFT] page.
You may list your Bitcoin NFTs for sale on the Binance NFT Marketplace.

Why did my deposit fail?

There are four common reasons why your deposit may have failed:
1. Your Bitcoin transaction is not successful.
Please check the transaction information on the Bitcoin blockchain or your Bitcoin wallet.
2. Your NFT collection is not supported on Binance NFT.
The NFT deposit feature only accepts NFT collections that have been fully integrated with the Binance NFT Marketplace. For a complete list of the supported NFTs and third-party NFTs, please refer to Supported Bitcoin NFT Collections on Binance.
3. Your NFT is no longer in your DEX wallet.
If the NFT you’re trying to deposit to Binance NFT is listed on an external DEX platform and it was sold during the deposit process, the deposit will fail as you no longer own the NFT in your wallet. Please check that the NFT is still in your wallet before depositing it to Binance NFT again.
4. There is an error with your deposit.
If the deposit process is complete, but you can’t receive any successful deposit notification, you may check the error reason from [Activity] - [Deposits]. You may expand the deposit record to view more details. Possible error reasons include:
  • Network type is illegal;
  • Contract address is null;
  • Token URI is empty;
  • Token URI is illegal;
  • Token URI media is illegal;
  • Transaction failed;
  • Target address error;
  • Unknown error.
If you have any inquiries, you can contact Customer Support for assistance. Please copy the TXID from [Activity] - [Deposits] and take a screenshot of the failed deposit. Our Tech team will investigate the issue and get back to you shortly.