Binance Cryptocurrency Exchange Launches NFT Marketplace

[KrisMor]

In June 2021, Binance launches an NFT marketplace with a focus on low fees, an improved interface for authors and high liquidity.

Binance, a leading international blockchain ecosystem and infrastructure provider for the cryptocurrency industry, announces plans to launch NFT Marketplace.

The Binance NFT Marketplace, scheduled to launch in June 2021, will become the world's leading marketplace for NFT token trading and offer users a first-class interface for issuing and trading NFTs, minimal fees , high liquidity and unique collectible tokens from the worlds of art, music, games, sports, virtual universes and many others.

“Our goal is to create the world's largest NFT marketplace with advanced issuance capabilities, buying and exchanging NFT tokens using the fastest and most affordable solutions based on the Binance blockchain infrastructure with the support of our community, ”says Helen Hai, Project Leader, Binance N FT.

Today, Binance launched a separate page for the Binance NFT project on its website, through which artists and authors can contact the Binance team for cooperation. The mobile version of the marketplace (for iOS and Android) will be available at a later date.

Binance's NFT marketplace will use the same account system as Binance.com. Existing Binance users will be able to access the NFT marketplace and trade through their Binance accounts.

New users will simply need to register on Binance.com to create and trade tokens on the Binance NFT platform.

“Binance provides services to millions of users around the world. Many of them will now be able to access the rapidly growing NFT token market. In line with our mission to expand the freedom of money globally and develop an inclusive ecosystem, Binance's NFT marketplace will also support lesser-known creators with the highest liquidity and lowest user fees, ”said Binance CEO Changpeng Zhao (CZ) .

Exclusive events and a marketplace will be the two pillars of Binance's NFT marketplace. Users will be able to create, release and transfer artwork from various blockchains. During exclusive events, selected works will be exhibited at prestigious exhibitions and auctions. The Binance commission for the sale of works at exclusive events will be 10%, and the rest of the proceeds (90%) will be received by the authors themselves.

The marketplace will allow everyone to create their own NFT tokens with minimal costs. Users will also be able to transfer their own NFTs to the Binance NFT platform for further sale or auction. Binance's transaction processing fee will be 1%, and authors and contributors will receive 1% royalties on an ongoing basis, which should help create new and valuable NFT tokens and receive additional royalties for authors.

[KrisMor]

About Binance
Binance is the world's leading blockchain ecosystem and cryptocurrency infrastructure provider with a suite of financial products that includes the largest digital asset trading exchange by volume.

The Binance platform, which trusted by millions of people in the world, aims to expand the freedom of money for users. It offers a unique portfolio of cryptocurrency products and opportunities. These include: trade and finance, education, research and data, philanthropy, investment and incubation, decentralization and infrastructure solutions, and much more.

About the Binance NFT marketplace
Binance's NFT Marketplace aims to become the world's leading NFT trading platform in terms of trading volume, user base and variety of offerings. Binance's NFT marketplace offers carefully selected artwork and a variety of collections, as well as the highest liquidity and lowest fees in the NFT ecosystem.

More information is available on the official website https: www. binance.com.

[Nile]

About Binance
Binance is the world's leading blockchain ecosystem and cryptocurrency infrastructure provider with a suite of financial products that includes the largest digital asset trading exchange by volume.

The Binance platform, which trusted by millions of people in the world, aims to expand the freedom of money for users. It offers a unique portfolio of cryptocurrency products and opportunities. These include: trade and finance, education, research and data, philanthropy, investment and incubation, decentralization and infrastructure solutions, and much more.

About the Binance NFT marketplace
Binance's NFT Marketplace aims to become the world's leading NFT trading platform in terms of trading volume, user base and variety of offerings. Binance's NFT marketplace offers carefully selected artwork and a variety of collections, as well as the highest liquidity and lowest fees in the NFT ecosystem.

More information is available on the official website https: www. binance.com.

Binance is really blowing huge these days. I think in the future it will be one the main platforms for NFTs and crypto trading. Despite its obvious problems

[Robert_Lee]

About Binance
Binance is the world's leading blockchain ecosystem and cryptocurrency infrastructure provider with a suite of financial products that includes the largest digital asset trading exchange by volume.

The Binance platform, which trusted by millions of people in the world, aims to expand the freedom of money for users. It offers a unique portfolio of cryptocurrency products and opportunities. These include: trade and finance, education, research and data, philanthropy, investment and incubation, decentralization and infrastructure solutions, and much more.

About the Binance NFT marketplace
Binance's NFT Marketplace aims to become the world's leading NFT trading platform in terms of trading volume, user base and variety of offerings. Binance's NFT marketplace offers carefully selected artwork and a variety of collections, as well as the highest liquidity and lowest fees in the NFT ecosystem.

More information is available on the official website https: www. binance.com.

Binance is really blowing huge these days. I think in the future it will be one the main platforms for NFTs and crypto trading. Despite its obvious problems

It is already the biggest platform for trading NFTs. And waht are those problems? Can you explain, i had no difficulties ever using this platform