The Most Recent Announcement From Binance Confirms The Launch Of The NFT Loan Feature
Leading marketplace Binance is launching an innovative function called Binance NFT Loan that enables owners of digital assets to utilize their NFTs as collateral to get ETH loans. With the help of this new service, users will be able to borrow cryptocurrency using their blue-chip NFTs, bringing the advantages of decentralized finance (DeFi) to the Binance NFT community.