This article outlines Binance NFT’s range of enforcement. If the review determines that your NFT contains inappropriate content, you won’t be able to mint the NFT.
1. Sales Settlement Postponement Policy for Unverified NFT Collections:
NFT collections may be eligible to be listed under the Verified collection depending on various factors, such as sale volume, trading volume, and the number of followers on Binance NFT and other social media platforms. All other NFTs are listed under the Unverified collection.
To avoid any possible scams or copyright infringements of NFT creations minted on the NFT Marketplace, Binance NFT will restrict the withdrawal of transaction funds from Unverified NFT collections (minted on the Binance NFT Marketplace) as a safety measure.
For Unverified NFT collections minted on the Binance NFT Marketplace, creators will be restricted from withdrawing their funds from their first NFT transaction for ten days from the date of the successful transaction.
After ten days, if the sold assets do not indicate a potential violation of the Binance NFT Minting Rules and Terms of Service, users will be able to use or withdraw the funds.
2. If your NFT/NFT collection has been rejected by auto-review during minting five or more times within 24 hours, your minting access will be suspended for the next 24 hours.
If the automatic verification system rejects your NFT collection or NFT, they will not be minted and you will see an error message. This could happen due to several reasons. For example, the review determines that your NFT contains inappropriate content. Please note that if this happens five or more times within 24 hours, you will be suspended from minting for the next 24 hours.
3. If you attempt to change any image more than ten times within 1 minute during the NFT/NFT collection minting process, your minting access will be suspended for the next hour.
If you attempt to change an image for your NFT or NFT collection during the minting process more than ten times within one minute, you will be suspended from minting for the next hour.
4. How does Binance NFT enforce violations?
The penalty for violations is based on several factors, including but not limited to, the severity of the violation and the user’s previous track record.
Violations include:
1) Fraudulent Collection or Scam Detected:
This NFT is currently banned on Binance NFT. You cannot trade it, but you can withdraw it.
2) Copyright Infringement Detected:
This NFT is currently banned on Binance NFT. You cannot trade it, but you can withdraw it.
3) Explicit or Sensitive Content:
This NFT is currently banned on Binance NFT. You cannot trade it, but you can withdraw it.
4) Stolen NFT Detected:
This NFT is currently banned on Binance NFT. You cannot trade it, but you can withdraw it.
5) Others
We may enforce action on a specific asset (e.g., an NFT), a collection of assets (e.g., an NFT collection), or an individual account.
The following is a list of the potential actions Binance NFT will take for content that violates our rules and Terms of Service.
- Creator:
- Binance may take action at the account level if the user has egregiously violated the rules and Terms of Service or has repeatedly violated them even after receiving warnings.
- Collection:
- If Binance concludes an NFT collection has violated the policy, it will require the user to remove the listing(s).
- The reported user will receive an email containing details of the NFT collection in violation and which policies they have violated.
- The reported user will then need to remove the NFT collection in question.
- NFT:
- If Binance concludes an individual NFT has violated the policy, it will require the user to remove the listing.
- The reported user will receive an email containing details of the NFT in violation and which policies they have violated.
- The reported user will then need to remove the NFT in question.
Types of Penalties:
- Frozen: For serious violations, Binance NFT will permanently freeze the asset. No actions will be allowed, including trading or withdrawing the asset.
- Banned: The asset will not be allowed to trade on Binance NFT, but the user can withdraw the asset.
Please note that creators will lose all minting access if they receive a third penalty.
Users who believe their account was suspended in error can submit an appeal. This includes permanent suspensions.
To file an appeal, affected users can reach out to Binance customer service with details of their request. If Binance finds the suspension to be valid after the review, the affected user will be notified of the appeal outcome, along with information regarding the violation.
Binance does not accept the following inappropriate NFT content:
- Use of the Binance logo that has not been officially authorized by Binance.
- Unauthorized use of personal images (e.g., CZ, Elon Musk).
- Links to external websites and communities. Any promotion of external platforms cannot be included in the description of an NFT.
- Content that is harmful, abusive, racially or ethnically offensive, sexually explicit, defamatory, or invasive of personal privacy rights.
- Content that contains any flags, party symbols, badges, or nazi symbols, as well as any relation to war, death, or massacre.
- Use of profanity or graphic language in any content.
- Copied from a third-party platform or gallery (e.g., Google, Baidu).
- Low-quality images with low resolution.
- Intellectual property rights infringement.
