Can I Mint NFT on Binance?

Although other platforms let you create NFTs, Binance is the largest crypto exchange allowing you to quickly mint non-fungible tokens. *Currently, pre-approved creators are allowed to mint NFTs using the platform . In the near future, this feature will open up to all registered users.

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How much does it cost to mint an NFT?

Minting Fees on OpenSea The costs also vary depending on the current value of the cryptocurrency you use. The first fee charged for initializing your account to start selling is between US$70 to US$300 . The second transaction that gives OpenSea access to the NFTs that you make is around US$10 to US$30.

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What can you do with NFT?

NFTs are tokens that we can use to represent ownership of unique items . They let us tokenise things like art, collectibles, even real estate. They can only have one official owner at a time and they’re secured by the Ethereum blockchain – no one can modify the record of ownership or copy/paste a new NFT into existence.

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