Binance Will Offer NFT Bitcoin Ordinarys By The End Of May

Binance NFT presents the Ordinary Bitcoin. (Photo; Doc. Yahoo Finance)

JAKARTA The world's leading crypto exchange platform, Binance, seems interested in providing NFT Bitcoin Ordinarys which went viral some time ago. In this case, Binance does not want to be left behind from its competitors.

Recently, the crypto exchange founded by Changpeng Zhao announced its interest in bringing NFT Bitcoin Ordinarys to the NFT Binance market. That way, Binance users can buy, sell, or trade NFT on the Bitcoin network.

The plan is for Binance to provide NFT Bitcoin Ordinarys by the end of May. It doesn't stop there, Binance will also offer royalties and additional rewards for NFT Bitcoin creators.

Bitcoin Ordinarys is a unique digital art in NFT space. This prompted Binance to add it to Binance's NFT trading platform. This addition is very important to attract more subscribers and provide a more diversified NFT option.

According to Binance's Head of Products, Mayur Kamat, his company is pleased to be able to bring Bitcoin Ordinarys to the NFT Binance market. Then, he also added that "Bitcoin is OG from crypto."

Binance has integrated BNB Chain, Ethereum, and Polygon into its NFT market. This allows users to buy, deposit, attract, and list NFTs from Polygon networks on Binance NFT Marketplace. In addition, users can trade digital collections on Binance NFT Marketplace by holding MATIC or any tokens in their spot wallets.

According to Coinspeaker, Bitcoin Ordinarys, known as Bitcoin NFT, provides a new method of storing digital content on the Bitcoin blockchain. Each NFT in the Bitcoin Ordinary series is marked with signatures with a unique representation of the relevant Bitcoin hash block.

Like other NFTs, the value of Bitcoin Ordinarys is determined by supply and demand. This artwork is designed to represent the historical significance and technology of Bitcoin blockchain, as well as the proof of the work that secures it.

Binance has teamed up with various artists, creators, and public figures, to offer exclusive and unique NFTs on its marketplace. For example, Binance has teamed up with Lewis Capaldi, 2-time BRIT award winner, and soccer star Michael Owen and Alphonso Davies to offer limited edition NFTs.