Binance Ends Support for Bitcoin Ordinals
Binance’s NFT marketplace will no longer support deposits, trading, and staking for Bitcoin NFTs on April 18. The team stated that this decision was made to optimize product offerings on the platform.
As of this date, all listing applications will be automatically cancelled and affected funds must be withdrawn by May 18.
Binance also distributed assets to accounts of users who qualified for the airdrop for the Runestone NFT based on Ordinals protocol.
Trading in these tokens will also cease on April 18, but the team advises withdrawing them from the marketplace before April 10 to avoid potential losses.
Binance launched the Inscriptions Marketplace in February for trading Bitcoin inscriptions, BRC-20 tokens, and other assets on EVM networks.