Binance NFT updates in March and April 2022 | Weenax

Binance crypto exchange is at work upon its NFT marketplace, making it more convenient in conformity with users’ requests. In March and April 2022, several options were added which will appeal to beginners and experienced users alike.

Binance actively develops the NFT industry. We talked earlier about the most important and interesting new features: NFT forwarding, subscription mechanic, and various minor improvements.

Let’s take a closer look at the updates introduced in March and April 2022.

binance nft обновления

Binance NFT in the app. The developers have made sure that the marketplace is convenient to use from your smartphone. You will see the new section in Binance application as soon as you update it to the latest version. It is located at the top of the home page (you need to pull it down), as well as in the section "More", where you can configure quick access from the home page if necessary.

New filters. Now, when searching for NFTs, you can filter by the characteristics defined in the blockchain. The filters will be individual for each collection. This is convenient, for example, if you need to find all the characters wearing glasses or hats at once. You can also filter by collections, currency, category, sale type or file type. You can also divide the NFTs by status – on sale now or coming soon.

Bid proposals. Now the buyer of an NFT or mystery box can offer the seller a price for the product, and the seller can agree or refuse. This feature is available for lots that are put up for sale at a fixed price. The minimum bid price is 1 BUSD, and the limit of offers is one for one NFT or mystery box. This sum on the wallet will be frozen until the seller agrees or refuses. If the seller does nothing, the funds will be defrosted when the lot expires. You can view your own offers or offers for you from the User Centre.

Notifications about the mystery boxes’ sale. Are you afraid to miss the initial sale? Subscribe to the collection and press the alarm icon to get a notification 20 minutes before the start.

The limit of purchases without a password. This is a security option that determines how much you can spend on a single operation without a password or two-factor authentication. The default limit is 500 BUSD, but it can be changed in the User Centre.

Pay PIN. This is a code that is used instead of two-factor authentication when purchasing NFTs. It allows you to finish the transaction easier and faster when you exceed the limit.

Distribution history. Here you can view all the awards received for airdrops and subscriptions, as well as information about them.

Binance continues to develop and grow, providing the most comfortable experience for NFT investors.

Get started, invest, earn and take part in the development of the most interesting crypto sector in 2022!