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Is Binance NFT easy to use?

At its core, the Binance NFT marketplace isn’t at all difficult to use. Once you register on the platform and pass all of the KYC checks, you’ll have a designated NFT profile, and will be able to purchase and sell NFTs, worry-free. Note, however, that in order to do so, you’ll need to have some BNB, BUSD, or Ether coins. ...

How much do NFT transactions cost on Binance?

With the Binance NFT marketplace, though, your transactions will net a fee of 1%. That’s super low! The same applies to royalties, though. If you create an NFT on Binance, sell it, and it’s then sold a few more times, you will receive 1% royalties from each of the follow-up sales. ...

What is the Binance NFT market?

The Binance NFT market is a centralized platform where you can sell, buy, and create different non-fungible tokens. The last part - the creation of NFTs - is still a bit tricky, but we’ll get to that in due time. Note the term “ centralized ”. ...