Binance is closing its centralized non-fungible token service effective July 3, 2026, and has directed users to withdraw transferable assets to Binance Wallet or another compatible external wallet before the deadline, or lose access to them.
The exchange confirmed the change on Wednesday, framing it as an "upgrade" rather than a wind-down. NFTs not withdrawn by 23:59 UTC on July 3 will become inaccessible on the Binance Exchange platform, the announcement said.
Non-transferable NFTs — including course completion certificates issued through Binance Academy — cannot be withdrawn and will also go dark after the deadline. Binance said Academy will issue PDF certificates to affected holders as a substitute.
To encourage prompt action, Binance is reimbursing withdrawal fees for up to 100,000 users who move non-CR7 NFTs to Binance Wallet via BNB Smart Chain or Ethereum between June 3 and June 17.
Each qualifying user receives 1 USDC, roughly the cost of one onchain withdrawal transaction, credited to their account by July 3.
