Binance NFT has announced support for the Polygon network on March 8th. This integration will allow users to explore and trade a wider variety of NFTs across multiple blockchains, including BNB Smart Chain, Ethereum, and Polygon.
However, Binance has taken a cautious approach to NFT listings and only handpicked ERC-721 NFT collections on the Polygon network are available on the platform.
Users are also required to hold Polygon network’s native token, MATIC, in their spot wallets to withdraw Polygon NFTs.
Binance has tightened its rules regarding NFT listings, making it mandatory for sellers to complete Know Your Customer verification and have at least two followers before listing on the platform.
The company will periodically review NFT listings and delist them if found to be violating the platform’s rules.