Shuts Down NFT Marketplace
Binance (BNB) · Other · July 3, 2026
Binance shuts down its centralized NFT marketplace on July 3, becoming the last major CEX to exit NFTs as annual trading volume collapsed 90% from the 2022 peak to $5.5B.
Binance announced June 3 the closure of its centralized NFT service effective July 3, 2026 at 23:59 UTC, marking the end of an era as the last major centralized exchange to exit the NFT marketplace business. NFT market volumes collapsed from $50B+ in 2022 to approximately $5.5B in 2025 and ~$1.2B annualized in 2026. Nifty Gateway (Gemini), Kraken NFT, and X2Y2 all shut down in the same period. Binance pivots toward US stock trading, bStocks tokenization, and DeFi yield products.
- Withdraw all transferable NFTs to Binance Wallet or compatible external wallet by July 3, 23:59 UTC - Non-transferable NFTs (including Binance Academy certificates) become inaccessible after deadline - Earn 1 USDC reimbursement: withdraw eligible non-CR7 NFTs via BNB Smart Chain or Ethereum before June 17 - CR7 NFT holders: separate reimbursement track, withdraw by July 3, fees refunded by July 19