Binance drops support for Sandbox NFT staking, will soon end support for all Polygon NFTs | Headlines | News | CoinMarketCap
09/09/2023 02:51
Leading crypto exchange Binance said that it will end support for features related to non-fungible tokens (NFTs) on Sept. 9 and for all Polygon-based …
CryptoSlate11 minutes ago
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Published on September 08, 2023 19:40 GMT+00:00edited on September 08, 2023 19:44 GMT+00:00
Leading crypto exchange Binance said that it will end support for features related to non-fungible tokens (NFTs) on Sept. 9 and for all Polygon-based NFTs on Sept. 26.
The company asked users to withdraw Polygon NFTs by Dec. 31. It said that users will not be able to buy Polygon NFTs after Sept. 26 and that all listings will be canceled that day. It added that Polygon NFTs will be returned to user accounts after Sept. 28.
Binance also said it would discontinue its Sandbox NFT Staking Program, which previously allowed users to stake LAND tokens and earn SAND rewards in connection with a popular Polygon-based metaverse game, The Sandbox.
That staking program will end on Sept. 26, and Binance will automatically unstack users’ LAND NFTs on Sept. 27. Those tokens will be sent back to users’ …