Binance's Sandbox NFT program to be discontinued soon
Binance's Sandbox NFT program to be discontinued soon
Binance has informed its clients about the cancellation of the Sandbox NFT staking program.
On September 26, 2023, at 06:00 UTC, Binance NFT will close the Sandbox NFT staking program and it will no longer be available. Users will no longer be able to stake NFTs on the Polygon network and receive the Sandbox (SAND) daily rewards after this date.
On September 27, 2023, NFTs on the Polygon Network will be discontinued.
According to details from the crypto exchange, Binance plans to automatically unstake all LAND NFTs hosted on the NFT marketplace on September 27, 2023. The exchange will then return them to each client's account by 2:00 UTC on September 28, 2023.
The final Sandbox rewards will be automatically credited to users' Spot wallets after 2:00 UTC on September 28, 2023.
As Binance NFT will stop supporting the Polygon network on September 26, 2023, exchange clients will need to withdraw their NFTs by 23:59 UTC on December 31, 2023.
As of September 26, 2023, Binance NFT users will no longer be able to buy, deposit, offer, or list NFTs on the Polygon network. All open offers will be canceled at 06:00 (UTC) on September 26, 2023, and the corresponding Polygon network NFTs will be returned to user accounts by 02:00 (UTC) on September 28, 2023.
Recall that recently, Changpeng Zhao says that Binance has no liquidity problems.
