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Here's a helpful breakdown on how NFTs on Binance work, including how to buy, sell, and mint them:

NFTs on Binance: How to Buy, Sell, and Mint

Binance has become a major hub for NFT enthusiasts, offering an easy-to-use platform for trading and creating NFTs. Whether you're a collector or creator, here's everything you need to know to get started.

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1. What Is the Binance NFT Marketplace?

The Binance NFT Marketplace is a platform powered by Binance where users can:

Buy NFTs from verified creators or collections.

Sell their own NFTs to the global Binance community.

Mint (create) new NFTs using their own artwork, music, videos, or other digital assets.

It supports NFTs on BNB Smart Chain and Ethereum, with fast transactions and low fees.

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2. How to Buy NFTs on Binance

Step-by-Step Guide:

1. Create a Binance account and complete identity verification (KYC).

2. Go to the Binance NFT Marketplace (nft.binance.com).

3. Browse or search for collections or items.

4. Click on an NFT you like to view details.

5. Choose “Buy Now” for instant purchase or place a bid if it’s in an auction.

6. Confirm the purchase, and the NFT will appear in your NFT Wallet.

Tip: Always check the creator's profile and collection history to verify authenticity.

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3. How to Sell NFTs on Binance

If You Own an NFT:

1. Go to Profile > NFT Assets.

2. Select the NFT you want to sell.

3. Click “List NFT” and choose:

Fixed Price (set a price in BNB, ETH, or BUSD).

Auction (set a minimum bid and auction duration).

4. Confirm the listing. Once sold, funds go directly to your Binance wallet.

Note: Binance charges a 1% platform fee on NFT sales.

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4. How to Mint NFTs on Binance

Minting is currently available to verified users and approved creators.

Steps:

1. Go to the “Create” tab on the NFT Marketplace.

2. Upload your digital file (image, audio, or video).

3. Add details: title, description, and attributes.

4. Choose blockchain (BNB Chain or Ethereum).