Binance NFT marketplace will cease supporting trades and deposits of Bitcoin Ordinals on April 18.
Binance is winding down support for Bitcoin (BTC) nonfungible tokens (NFTs) just a few months after introducing it to its marketplace.
In a blog post on April 4, Binance announced efforts “to streamline product offerings” on the Binance NFT marketplace. As part of these efforts, the exchange’s marketplace is ceasing support for trades and deposits of Bitcoin Ordinals on April 18.
In addition, the Binance NFT marketplace will cease to offer airdrops, benefits, and utilities related to Bitcoin NFTs after April 10, 2024.