Binance Narrows NFT Listing Conditions

Breaking News
Written By Jason Rowlett

VILNIUS, LT – Binance has announced it will be applying new rules for its NFT listings beginning on Feb. 2, 2023. The Binance NFT restriction applies to all upcoming tokens and collections after Feb. 2.

Collections posted on the cryptocurrency exchange prior to Oct. 2, 2022, with less than a $1,000 trading volume between Nov. 1, 2022, and Jan. 31, 2023, will be removed from the exchange. Sellers must also be verified through Binance NFT’s new KYC screening in order to be listed.  

The company said it will be reviewing NFT listings to ensure they are in compliance. Furthermore, the announcement states that “users can report NFTs or collections that may be in violation of minting rules and terms of service.”

Jason Rowlett

Jason is a Web3 writer and podcaster. He hosts the BCCN3 Talk podcast and YouTube channel and has interviewed several industry leaders at global Web3 events. An active crypto investor, Jason is a HODLer and advocate for the DeFi industry. He lives in Austin, Texas, where he rows competitively.

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