Binance to Upgrade NFT Service with Withdrawal Fee Reimbursement

According to the announcement from Binance, the company is set to enhance its NFT service by integrating it into the Binance Wallet, aiming to provide users with a more seamless and decentralized experience. Starting from 2026-06-03, users holding transferable NFTs on Binance will have a month to withdraw their NFTs to their Binance Wallet or any other compatible wallets. This transition period will end on 2026-07-03, after which the current NFT service on Binance Exchange will no longer be supported, and any NFTs not withdrawn will become inaccessible. Non-transferrable NFTs, which were designed to be non-transferrable, will also become inaccessible after this date. To assist users during this transition, Binance Academy will issue PDF certificates to holders of non-transferrable NFTs that certify the completion of Binance Academy courses. In conjunction with this upgrade, Binance is offering two NFT withdrawal fee reimbursement promotions. The General NFT Withdrawal Fee Reimbursement Promotion will select up to 100,000 users to receive 1 USDC for eligible NFT withdrawals. To qualify, users must withdraw non-CR7 NFTs directly from the Binance NFT platform to the Binance Wallet using the BNB Smart Chain or Ethereum network between 2026-06-03 and 2026-06-17. Additionally, users must have held the NFTs on the Binance NFT platform before 2026-06-03. The CR7 NFT Withdrawal Fee Reimbursement is available for users who withdraw CR7 NFTs by 2026-07-03. Eligible users will receive reimbursement for withdrawal fees credited to their Binance Spot Accounts by 2026-07-19. Only successful withdrawal transactions will qualify for reimbursement, and Binance reserves the right to disqualify users for fraudulent or abusive behavior.