In order to boost Bitcoin NFT trading activity on its marketplace, Binance came up with a rewards program. Users who trade at least one NFT on the platform during the promotional period, which extends up to 19 June, stand a chance to share a total of 80 Bitcoin NFTs as per the rewards structure.
Launched in June 2021, Binance NFT marketplace added over 600,000 weekly users over the course of 2022, according to Binance NFT 2022 Year in ReviewOver 370,000 new traders joined the platform, increasing the number of active traders by over 2.5 times and trading volume by 3.5 times from the previous year. The year 2022 also saw the creation and listing of over 2.5 million NFTs.
Over the last month, trades worth $176 million were settled on the chain, representing an impressive 149% growth, as per CryptoSlam.
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