Usa Eu Russia blockchain Binance business NFT Cryptocurrencies Usa Eu Russia

Binance tightens rules on NFT listings

Reading now: 174
cointelegraph.com

According to a Jan. 19 announcement by Binance, the cryptocurrency exchange has tightened its rules for nonfungible tokens, or NFT, listings.

Starting Feb. 02, 2023, all NFTs listed on Binance before Oct. 2, 2022, and have an average daily trading volume lower than $1,000 between Nov.

1, 2022, and Jan. 31, 2023, will be delisted. In addition, after Jan. 21, 2023, NFT artists can only mint up to five digital collectibles per day.

Binance NFT requires sellers to complete know-your-customer (KYC) verification and have at least two followers before listing on its platform.

Read more on cointelegraph.com
The website financemag.cash is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA