Key Points:
The announcement means that users can now buy, deposit, withdraw and mint NFT from Polygon Network on Binance NFT Market. Polygon Network, previously known as Matic Network, is a Layer 2 scaling solution for Ethereum that aims to offer faster, cheaper and more efficient transactions.
The decision to add Polygon Network to the list of supported chains is part of Binance’s ongoing efforts to expand its NFT trading platform. Binance NFT Marketplace is currently compatible with the BNB Smart Chain (BSC), the Ethereum network (ETH), and the Polygon network (MATIC). The addition of Polygon Network means that the platform now supports a wider range of assets, which will likely attract more users to the platform.
Binance NFT Marketplace has quickly established itself as one of the leading NFT trading platforms in the world. The platform offers a wide range of NFTs, including digital art, music, sports collectibles and more. The platform also offers a range of features, including automatic royalty payments, instant trading, and the ability to create and sell NFTs.
Adding Polygon Network to Binance NFT Marketplace is a significant development for the platform. Polygon Network has quickly become one of the most popular Layer 2 scaling solutions for Ethereum, and its addition to Binance NFT Marketplace will likely attract more users to the platform. The move is also part of a broader trend of NFT marketplaces expanding their offerings to include a wider range of assets.
The move will likely attract more users to the platform, and the increased support for a wider range of assets is a positive sign for the growth and development of the NFT market. As the NFT market continues to evolve and mature, it will be interesting to see how platforms like Binance NFT Marketplace adapt and innovate to stay ahead of the curve.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Annie
Coincu News
Discover the best cryptos to buy and hold today: Qubetics leads with 1000x potential, Ethereum…
With the platform facing a cracked whip, Trump Media company is expanding into new business…
Major crypto firms, including Ripple, Kraken, and Circle, are competing for spots on President-elect Donald…
Analysts highlight a breakout alert as Shiba Inu (SHIB), and Dogecoin show signs of recovery…
SEC Chair Gary Gensler will step down on January 20, 2025, coinciding with President-elect Donald…
The MicroStrategy convertible notes offering, initially set at $1.75 billion, was increased to $2.6 billion…
This website uses cookies.