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Binance NFT Marketplace is excited to announce that the Bitcoin network has been added to its list of supported chains, further expanding the NFT ecosystem for its community.
The integration of Bitcoin network further elevates Binance NFT to a multi-chain, open marketplace ecosystem, where users can now explore and trade a wider variety of NFTs across multiple blockchains, including BNB Smart Chain (BSC), Bitcoin (BTC) network, Ethereum (ETH) network, and Polygon (MATIC) network, from their Binance accounts.
Key Benefits:
Users will now be able to buy, deposit, withdraw and list NFTs from the Bitcoin network on the Binance NFT Marketplace, directly from a Binance account. Users are not required to have a separate BTC wallet.
By holding Bitcoin or any token in their spot wallets, users can trade NFTs on the Binance NFT Marketplace.
Notes:
Currently, only selected Bitcoin NFT Collections on the Bitcoin network are available on the Binance NFT Marketplace. Binance NFT will launch more NFT collections on a regular basis. Please refer to the FAQ for the list of Supported Bitcoin NFT Collections.
Users should exercise due diligence in checking that their deposit address is correct before depositing NFTs. NFTs may not be retrievable if they are deposited to the incorrect deposit address. For more information, please refer to the FAQ.
Users will need to hold Bitcoin in their spot wallets in order to withdraw Bitcoin NFTs.
Promotion: Trade Bitcoin NFTs On Binance NFT Marketplace to Grab Another Exclusive Bitcoin NFT
Promotion Period: 2023-06-06 10:00 (UTC) to 2023-06-19 23:59 (UTC)
Snapshot Period 1: 2023-06-13
Snapshot Period 2: 2023-06-20
To mark the integration of the Bitcoin network in Binance NFT Marketplace, Binance NFT is launching a new promotion to reward the NFT community. Users who complete at least one trade for Bitcoin NFTs at the Binance NFT Marketplace during the Promotion Period (including buys or sells), can qualify to share a total of 80 Bitcoin NFTs, as per the rewards structure below.
Rewards Structure:
For eligible users who previously participated in Binance NFT’s registration event from 9 - 15 May 2023:
At every Snapshot Period, 25 winners will be selected using the Award Selection Rules Based on BNB Beacon Chain Hash Value to each receive one Bitcoin NFT from the following Bitcoin NFT collections. From this group of eligible users, a total of 50 winners will qualify to each receive a Bitcoin NFT reward.
Breakdown of available Bitcoin NFT rewards per Snapshot Period: Bitcoin Pizzas (3), DogePunks (1), JOMOHippo (3), PixelBirds Sparrow (2), Ordz Heroes (4), NPC Ordinals (1), Neo Yauto (3), Block Legends (8).
For all remaining eligible users:
15 winners will be selected based on the Award Selection Rules Based on BNB Beacon Chain Hash Value at each Snapshot Period. Each winner will stand to receive one Bitcoin NFT from the following Bitcoin NFT collections. There will be a total of 30 winners amongst this group of users.
Breakdown of available Bitcoin NFT rewards per Snapshot Period: Bitcoin Pizzas (1), DogePunks (1), JOMOHippo (1), PixelBirds Sparrow (1), Ordz Heroes (2), NPC Ordinals (1), Neo Yauto (3), Block Legends (5).
Stay tuned as we continue to integrate more platforms and blockchains to Binance NFT Marketplace, and optimize our features to expand the range of our offerings.
Terms & Conditions:
Users have to complete identity verification in order to list and trade NFTs on the Binance NFT Marketplace.
The Bitcoin NFT rewards will be automatically distributed to users’ accounts within two weeks after the Promotion ends. Users can find their NFTs via Binance NFT Marketplace > My NFTs > Collected.
Each user may qualify to receive a maximum of one Bitcoin NFT from the Promotion.
Binance reserves the right to suspend, freeze or cancel the use of Binance accounts showing signs of fraudulent behavior.
Binance reserves the right to disqualify trades that are deemed to be illegally bulk registered accounts.
Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.
Additional promotion terms and conditions can be accessed here.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Thanks for your support!
Binance Team
2023-06-06
source: https://www.binance.com/en/support/announcement/binance-nft-marketplace-now-supports-bitcoin-nfts-c439af0afcf5414ab035496da1409887
