If you’re looking to step into the NFT world but keep asking yourself “where do I even begin?” — you’re in the right spot. Binance is one of the most beginner-friendly platforms to start buying and selling NFTs, thanks to its massive user base and clean interface. Plus, if you already have a Binance account, you can jump right in without setting up an extra wallet.
In this guide, I’ll walk you through the Binance NFT marketplace from absolute zero. We’ll cover everything from opening the platform to buying NFTs, minting your own, and even those mystery boxes everyone keeps talking about. Ready? Let’s go.
Let me be upfront: Always do your own research before following anything in this guide. The NFT market is volatile. Never invest money you can’t afford to lose.
What Is NFT? A Complete Beginner’s Guide
What Exactly Is Binance NFT?
Binance NFT is a marketplace built by Binance — one of the largest crypto exchanges in the world. Here, you can buy and sell digital art, trading cards, in-game items, mystery boxes, and many other types of NFTs.
A few things make Binance NFT stand out from other platforms:
- Low fees: Only 1% commission — one of the lowest in the industry
- Security first: Binance doesn’t let just anyone sell NFTs; projects go through a review process
- One account, many uses: The same Binance account works for spot trading, futures, and NFTs
- Two networks supported: Both Ethereum and BNB Chain (BSC) are available for deposits and withdrawals
Another nice thing about Binance NFT is how quickly you can cash out your earnings to fiat currencies (USD, EUR, etc.). On some other platforms, that process can take a while or cost extra fees.
How to Access Binance NFT
First, you’ll need a Binance account. If you don’t have one yet, sign up on their website or mobile app — it’s free.
On web browser:
- Log into your Binance account
- Click the “NFT” tab in the top menu
On mobile app:
- Open the Binance app
- If you don’t see the “NFT” icon on the main screen, tap “More” and scroll all the way down
- You’ll find “NFT” there
Once you’re in, you’ll see three main sections: Marketplace, Mystery Boxes, and User Center. Let’s go through each one.
Mystery Boxes – The Gamified Side of NFTs
Mystery boxes are probably the most fun feature on Binance NFT. You buy a box without knowing what’s inside. When you open it, you might get a rare NFT — or something more common. It’s like a digital blind bag.
How it works:
- Browse available mystery box projects in the Mystery Box section
- Each box shows its price and remaining quantity
- Click “Buy” to purchase a box
- You can either open it immediately or resell it unopened to someone else
Rarity levels inside mystery boxes are usually: normal, rare, super rare, and ultra rare. The higher the rarity level, the lower your chances of getting it.
Fun fact: Some mystery box owners also get access to special raffles or events just for holding certain boxes.
Buying NFTs on Binance Marketplace
Think of Binance NFT marketplace like an eBay for NFTs. Buyers and sellers meet here to trade.
Ways to find NFTs:
- Search bar: Type a collection name or keyword directly
- Filters: Narrow down by category (art, gaming, sports), file type (image, video, audio), or sale type (fixed price, auction)
- Rankings: Check the “Top Sales”, “Top Collections”, and “Top Creators” lists
When you find an NFT you like, the detail page shows you:
- Name, description, and image of the NFT
- Creator information and their past work
- Current owner and transaction history
- Sale type (fixed price or auction) and price
How to buy:
- For fixed-price NFTs: Click “Buy Now” and confirm the transaction
- For auction NFTs: Place a bid using the “Place Bid” option
You can pay using BNB, USDT, or ETH. Some NFTs also accept “Boost” — a special token on Binance.
A small tip: Auctions tend to get heated in the final minutes. Keep an eye on the clock so your bid doesn’t get outlasted.
How to Sell Your NFT on Binance
When you’re ready to sell an NFT you own, the process is straightforward:
- Go to “My Assets” in the Binance NFT dashboard
- Find the NFT you want to sell and click “List”
- Choose your sale type: fixed price or auction
- For fixed price: Set your price and sale duration
- For auction: Set starting price, minimum bid increment, and duration
- Confirm the listing
Important details:
- Binance takes a 1% platform commission on every sale. Another 1% goes to the original creator (royalty).
- You can cancel up to 20 listings per day if you change your mind
- Listing duration ranges from a minimum of 12 hours to a maximum of 7 days
Creating Your Own NFT (Minting)
Minting an NFT on Binance is easier than you might think. But there’s a catch: you need to become an approved creator first. Not everyone can upload NFTs directly — that’s a security measure from Binance.
How to become a creator:
- Create a collection on Binance. You’ll need at least 5 followers on your Binance profile, and those followers must be KYC-verified.
- Send an application email to nft@binance.com in English. Include an introduction, samples of your NFT work, social media links, and a portfolio.
- Wait for Binance to review your application. If accepted, you’ll get permission to upload NFTs.
Once approved, here’s how to mint an NFT:
- Go to the “Create” tab in the Binance NFT dashboard
- Upload your digital file (image, video, or audio — max 50 MB)
- Enter a name, description, and any attributes (optional)
- Choose which network to mint on (BNB Chain is cheaper, Ethereum is more expensive)
- Set your royalty percentage — you’ll earn this on every future sale
- Confirm the creation
Minting fees (as of 2025):
| Network | Approximate Fee | Best For |
|---|---|---|
| BNB Chain (BSC) | ~5 BUSD | Beginners, low-cost experiments |
| Ethereum | ~15 BUSD | Higher visibility, established collectors |
Heads up: Your minted NFTs go through a review process. If your NFT gets rejected, your account might be locked for 24 hours. So make sure you’re submitting original, high-quality work.
Participating in NFT Launches (IGO / Launchpad)
Binance NFT occasionally runs special NFT sales called IGOs (Initial Game Offerings). To join these sales, you usually need to meet one of these conditions:
- Hold a certain amount of BNB (for example, 0.1 BNB) in your Spot wallet
- Own a specific NFT (like a Binance Button NFT)
To participate, you buy tickets (usually low cost, e.g., 1.99 BUSD). Winners are selected through a lottery system.
Warning: Don’t jump into IGOs before understanding the platform fully. Investing in something you don’t understand is a fast way to lose money in crypto.
User Center and Other Features
The User Center is where you manage everything about your NFT account. From here you can:
- Edit your profile settings
- Track your favorite NFTs
- Handle deposits and withdrawals
- View your transaction history (orders, sales history, bid history, deposits, withdrawals)
Moving NFTs to other platforms: You can send NFTs from Binance to external wallets like MetaMask. But pay close attention to which network the NFT is on. For example, you can’t send an NFT on BSC (BNB Chain) to an Ethereum address — it won’t work and you could lose your asset.
What to Watch Out for When Buying NFTs
Like I said at the beginning, the NFT market carries risk. Here are some golden rules to follow:
- Research the creator: Have they made successful projects before? Are they a real artist with a track record?
- Observe the community: What are people saying on Discord and Twitter? Any red flags?
- Check trading volume: Low-volume NFTs can be very hard to sell later.
- Look at rarity: Generally, rarer traits mean potentially higher value.
- Compare prices: Look at other NFTs in the same collection before buying.
On Binance NFT, official projects and creator projects are shown separately. Official projects are generally considered more trustworthy.
Resources Used for This Guide
Frequently Asked Questions
No, your existing Binance account is all you need. Your NFTs are stored directly in your Binance wallet. This makes things much easier for beginners compared to platforms like OpenSea.
Binance takes a 1% platform commission on each NFT sale. Another 1% goes to the original creator (royalty). So sellers receive 98% of the sale price.
No, you need to apply and get approved as a creator first. Binance reviews applications to keep quality and security high. Not everyone can upload NFTs directly.
A mystery box is a blind bag — you buy it without knowing what’s inside. You might get a rare NFT or something common. It’s fun but has a gambling element. Proceed with caution.
Binance NFT currently supports BNB Chain (BSC) and Ethereum (ERC-721). BSC has much lower transaction fees. Always check which network an NFT is on before buying or sending.
Yes. On BNB Chain, it’s about 5 BUSD. On Ethereum, about 15 BUSD. Fees can change depending on network congestion.
