Binance winds down centralized NFT service, gives users one month to withdraw assets

The Block·

Binance winds down centralized NFT service, gives users one month to withdraw assets

60-second summary

Binance is winding down its centralized NFT service, giving users one month to withdraw transferable NFTs by July 3, 2026, after which they will lose access to their assets. Users must take action to retrieve their NFTs before the deadline, with no clear indication of what will happen to non-transferable NFTs. This move affects Binance's NFT market and user trust.

Binance is closing its centralized NFT service on July 3, 2026, requiring users to withdraw transferable NFTs or lose access.