Binance is pulling the plug on NFT support within its centralized exchange, directing users to migrate their digital collectibles to the platform’s non-custodial Binance Wallet. The announcement, made on June 3, gives holders until July 3, 2026, to complete the transfer before unsupported NFTs become permanently inaccessible.

To sweeten the forced move, Binance is offering fee reimbursements: up to 100,000 users can claim 1 USDC each for completing eligible non-CR7 NFT withdrawals by June 17. A separate reimbursement program covers CR7 NFTs under the same deadline.

What’s actually happening

Users need to withdraw their NFTs from Binance Exchange to Binance Wallet, the platform’s self-custodial solution, or to any other compatible wallet of their choosing. After July 3, any NFTs still sitting on the exchange will become inaccessible.

For holders of certain non-transferable NFTs, there’s a consolation prize: Binance Academy PDF certificates will be issued after the deadline.