Binance NFT Marketplace announced on Twitter that the Bitcoin network has been added to the chains supported in the NFT ecosystem.
Binance, which is sued by the United States Securities and Exchange Commission (SEC) for violating securities laws, announced today that it supports Bitcoin NFTs. It was stated in the announcement that projects such as Bitcoin Bandits, Bitcoin Frogs, Bitcoin Fizzas, Bitcoin Punks, Bitcoin Wizards, Block Legends, BTC DeGods, BTC Machine are among the supported NFTs. A relatively recent development, Bitcoin NFTs have become an important part of the crypto market in recent months. Ordinals, the on-chain art creation method linked to satoshis, the smallest Bitcoin unit, has helped Bitcoin mining revenue reach its highest level in over two years.
Users Will Be able to Explore New Collections
Bitcoin Ordinals have become a growing phenomenon in recent weeks and there are now over 1 million NFTs on Bitcoin.
This integration by Binance takes Binance NFT to a new world as a multi-chain, open market ecosystem. Thanks to the integration, users will now be empowered to discover and trade different NFT collections on various blockchains.
Binance’s NFT marketplace will follow Magic Eden in providing support for Bitcoin NFTs following this step, becoming one of the largest platforms for trading these collectibles.
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