The Binance NFT marketplace has announced that it will add the Polygon network to the list of supported chains, expanding the NFT ecosystem to its community. The Polygon network integration makes Binance NFT an open marketplace, multi-chain ecosystem, and users can now discover and trade more NFTs on multiple blockchains from their Binance accounts, including BNB Smart Chain (BSC), Ethereum ( ETH) and Polygon (MATIC).
#BinanceNFT Market Expansion to Multi-Chain Ecosystem #polygon integration @azcoinnews https://t.co/EFYaUFeuIi
— Kyptos (@azcoinnews) March 8, 2023
The Polygon integration allows users to buy, deposit, withdraw, and list NFTs from the network on the Binance NFT marketplace. By holding MATIC or any token in a spot wallet, users can trade NFTs on Binance NFT Marketplace.
However, only selected NFT ERC-721 collections on the Polygon Network will be available on the Binance NFT marketplace. The platform plans to integrate more NFT collections more frequently. Users should refer to the FAQ for a list of supported Polygon NFT contract addresses.
Users must complete identity verification to list and trade NFTs on Binance NFT Marketplace. Binance reserves the right to suspend, freeze or cancel the use of Binance accounts showing signs of fraud.
The platform hopes to expand its reach by continuing to integrate more platforms and blockchains into its marketplace and optimize functionality. We encourage users to follow Binance NFT on Telegram, Twitter, Discord, and Instagram for the latest events.
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according to Kyptos