Binance Pay Now Supported on Binance NFT

Binance NFT now supports Binance Pay

Binance NFT Market now supports Binance Payments, providing Binance users with a better NFT experience and improving transaction efficiency.

Users can now use Binance Pay to buy NFTs.

This feature is currently only available for fixed-price NFTs and blind boxes on the Binance NFT secondary market.

When the price of NFTs and blind boxes purchased by the user exceeds the “password-free purchase limit (per transaction)”, the payment PIN needs to be re-entered.

Existing Binance Pay users who have already set up a payment PIN do not need to set up a payment PIN again.

If the Binance risk management policy is triggered, users may be required to complete 2FA (two-factor authentication) or enter their personal payment PIN when paying for NFTs and blind boxes.

Through Binance Payments, Binance NFT hopes to lower the threshold for crypto users of the Binance ecosystem to enter the NFT field.

If you use Binance Pay to buy NFTs, you can now choose a fund wallet as a payment method in addition to the spot wallet.

Binance NFT will continue to support more wallet options in the future to further improve and enhance the user experience.

By using Binance Pay, users can now convert cryptocurrencies to the cryptocurrencies needed to purchase NFTs on the payment page.

If the user has sufficient balance in the fund wallet or spot wallet to place an order, due to the conversion during the transaction, the Exchange is up to USD 20,000 equivalent using real-time cryptocurrency exchange rates.

If a refund is required after the cryptocurrency is converted, the refund will be based on the converted cryptocurrency.

If the balance of the fund wallet or spot wallet is insufficient, the user will be prompted to recharge.

Go to Binance Official Website