The craze for NFTs has catapulted Bitcoin to become the second-largest blockchain for facilitating NFT transactions, eclipsing biggies like Solana and Polygon and trailing only Ethereum. The year 2022 also saw the creation and listing of over 2.5 million NFTs.Īre your BTC holdings flashing green? Check the Profit Calculator Over 370,000 new traders joined the platform, increasing the number of active traders by over 2.5 times and trading volume by 3.5 times from the previous year. Launched in June 2021, Binance NFT marketplace added over 600,000 weekly users over the course of 2022, according to Binance NFT 2022 Year in Review report. Users who trade at least one NFT on the platform during the promotional period, which extends up to 19 June, stand a chance to share a total of 80 Bitcoin NFTs as per the rewards structure. In order to boost Bitcoin NFT trading activity on its marketplace, Binance came up with a rewards program. With the addition of Bitcoin, Binance further elevated its stature as a multi-chain NFT marketplace, which currently supports NFTs from blockchains like Ethereum, BNB Chain and the recently added Polygon.
Binance stated that it intends to add support for more collections in the days to come.
You can now buy, deposit, withdraw and list NFTs from the #BTC network directly from your #Binance account 🫡įind out more ➡️ /ZwYGaT2aUSīinance is the latest entrant to step into the world of Bitcoin NFTs after leading player Magic Eden launched a secondary marketplace for Ordinals in March.Īccording to the blog post, iconic NFTs like Bitcoin Punks and Bitcoin Frogs, which were extensively traded last month, were among the collections available on the Binance NFT marketplace. The all-time CryptoPunks sale record was set back in February when Deepak Thapliyal, CEO of cloud blockchain infrastructure startup Chain, purchased Punk #5822 for 8,000 ETH -nearly $24 million worth at the time.The #Bitcoin Network is now supported on Marketplace! Yuga Labs has since opened up commercialization rights to all owners, letting them use their Punks imagery for derivative art and projects. Larva Labs ultimately sold the IP rights to Yuga Labs -the Bored Apes creator-in March of this year. The project was launched by Larva Labs in 2017, an early precursor of the NFT market craze of the last two years. It influenced later hits like the Bored Ape Yacht Club and Doodles, and CryptoPunks sales have yielded nearly $2.4 billion to date in secondary trading volume.
BINANCE CRYPTO PUNK HOW TO
It will show you how to buy Punk.Network by connecting your crypto wallet to a decentralized exchange (DEX) using your Binance account to buy the base currency. It’s one of just 24 apes in the entire CryptoPunks collection, which spans 10,000 unique NFT profile pictures, and is considered the 38th “rarest” NFT in the project by Rarity Tools based on its attributes.ĬryptoPunks is one of the most valuable and influential NFT brands, as the Ethereum collection set the core template for modern profile picture projects. If you would like to buy Punk.Network, which is currently not listed on Binance, you can follow the step-by-step guide below. Punk 2924 bought for 3,300 ETH ($4,451,633.94 USD) by 0x9045de from 0x1da533. 2 days ago &0183 &32 The Netherlands, which has taken a tough line on rivals such as Binance and Coinbase, follows France, Dubai and the U.K.
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