The Sandbox

Impact

Polygon

Change

<p>If you use <a href="https://cryptoticker.io/en/those-2-cryptos-were-delisted-from-binance/">Binance</a> NFT, there’s important news for you! Starting September 26, 2023, <a href="https://www.binance.com/en/support/announcement/binance-nft-important-updates-on-the-sandbox-nft-staking-program-and-polygon-network-support-accd8386f2b64a27a880894437c76089">Binance NFT</a> is making big changes. They’re ending support for Polygon NFTs and The Sandbox staking. Let’s break it down.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" width="1200" height="683" src="https://cryptocdn.fra1.cdn.digitaloceanspaces.com/sites/8/PicsArt_04-07-04.51.01.jpg" alt="Buy NFTs on Binance" class="wp-image-94046">
</figure> 
<h2 id="h-important-details"><strong>Important Details</strong>:</h2> 
<ol>
 <li><strong>End of Polygon NFTs Support</strong>: Come September 26, listing or buying Polygon NFTs on Binance won’t be an option. This means if you have any Polygon NFT listings there, they’ll stop.</li>
 <li><strong>Deadline for Withdrawals</strong>: If you’ve got NFTs on the Polygon Network at <a href="https://cryptoticker.io/en/busd-dead-what-is-fdusd/">Binance</a>, you should move them. The platform gives you until December 31, 2023, to do so.</li>
 <li><strong>The Sandbox Staking Wraps Up</strong>: Binance NFT will also put a halt to its staking program with The Sandbox. That means no more staking of LAND NFTs on Polygon to earn rewards post the date.</li>
</ol> 
<p>All these changes aim to improve Binance’s services. They want to make things more streamlined for users.</p> 
<h2 id="h-impact-on-binance-users"><strong>Impact on Binance Users</strong>:</h2> 
<ul>
 <li>Starting September 26, a few key actions like buying, depositing, or listing <a href="https://cryptoticker.io/en/latest-updates-cryptos-crashed-and-nfts-followed-time-to-sell-nfts/">NFTs from Polygon</a> on Binance will end.</li>
 <li>Those who’ve used The Sandbox’s staking on Polygon should note it’ll stop soon. And if you’ve staked LAND NFTs, they will be back in your accounts by September 28, 2023.</li>
 <li>If you’re someone with NFTs on the Polygon Network, it’s crucial to act fast. Remember to transfer them out before the end-of-year deadline.</li>
</ul> 
<p>Binance NFT promises to share more details soon. They’ll provide guidance on these changes, making the transition smoother for users.</p> 
<h2 id="h-in-summary"><strong>In Summary</strong>:</h2> 
<p>Change is in the air at Binance NFT. While they’re rolling back some features, it’s all to refine their offerings. It’s a good reminder to always stay updated in the fast-paced world of digital currencies.</p>

Binance NFT Adjusts Services: No More Polygon NFTs & The Sandbox Staking

Table of Contents

CryptoTicker ENG

Other articles published on Sep 12, 2023

BitBoy Crypto Ends: Team Embarks on New Beginning After Controversy

Crypto Turmoil and Triumph: Navigating the Unpredictable

Boerse Stuttgart Digital to launch fully insured staking solution for European crypto investors

Celsius to Retrieve Customers’ Withdrawn Crypto Assets

Maverick Protocol launches on BNB Chain, Chainlink and Borroe.Finance build momentum

Why some countries adopt crypto while others don’t

Join our free newsletter for daily crypto updates!