Binance is ending support for NFTs on its centralized exchange. The company announced on June 3 that all digital collectibles must be moved to its self-custodial Binance Wallet by July 3, 2026. Any NFTs left on the exchange after that deadline will be permanently inaccessible.
To encourage the migration, Binance is offering fee reimbursements. Up to 100,000 users can claim 1 USDC each for completing eligible non-CR7 NFT withdrawals before June 17. A separate reimbursement program covers CR7 NFTs under the same deadline.
The move is part of a broader trend among major exchanges to shed non-core products. Binance previously ended Bitcoin NFT trading in April 2024. Platforms like X2Y2 and Bybit have also reported declining NFT trading volumes in 2025.
For users, the shift to self-custody means taking full responsibility for their assets. Moving NFTs to Binance Wallet hands over private key control from the exchange to the individual. Missing the July 3 deadline results in total loss of access. The clock is ticking.