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Binance to End NFT Support on Exchange and Move Service to Wallet

Binance will end NFT support on its exchange and shift the service to its non-custodial wallet. Users have been given 30 days to migrate their NFTs.

What happened?

Binance will end NFT support on its exchange and shift the service to its non-custodial wallet. Users have been given 30 days to migrate their NFTs.

Why it matters

Binance exchange said it will stop supporting NFTs directly on its exchange and move NFT-related services to its non-custodial Binance Wallet. The company gave users 30 days to migrate their NFTs from the exchange-based service to the wallet.

Binance exchange said it will stop supporting NFTs directly on its exchange and move NFT-related services to its non-custodial Binance Wallet. The company gave users 30 days to migrate their NFTs from the exchange-based service to the wallet.

The change matters because it shifts NFT handling away from a centralized exchange environment and toward a non-custodial wallet model. For users, that means NFT access and management will be tied to Binance Wallet rather than the exchange interface.

Binance described the move as a service transition, not a broader market call on NFTs. The source material does not indicate any change to NFT prices, trading conditions, or broader Binance exchange operations beyond the NFT support migration.

Users affected by the update should focus on the 30-day migration window and the move to Binance Wallet. As with any crypto asset transfer, the key practical issue is ensuring NFTs are moved through the process Binance provides, without relying on unofficial links or unsupported channels.

The decision adds to a broader pattern of crypto platforms separating wallet-based asset control from exchange-based account services. In this case, Binance is keeping NFT support within its ecosystem while relocating it to its non-custodial wallet product.

Source: Cointelegraph