{"id":58859,"date":"2023-09-08T10:28:33","date_gmt":"2023-09-08T14:28:33","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=58859"},"modified":"2023-09-08T10:28:36","modified_gmt":"2023-09-08T14:28:36","slug":"binance-halts-polygon-network-support-sandbox-nft-staking","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/binance-halts-polygon-network-support-sandbox-nft-staking\/","title":{"rendered":"Binance Halts Polygon Network Support, Sandbox NFT Staking"},"content":{"rendered":"\n<p>Binance crypto exchange stops the Sandbox <a href=\"https:\/\/coinscreed.com\/staging\/axie-infinity-nft-game-platform-launches-axs-staking-program.html\" target=\"_blank\" rel=\"noreferrer noopener\">NFT Staking Program<\/a> on the Binance NFT Marketplace. In addition, users will no longer be able to stake LAND NFTs hosted on the Polygon network. <\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"531\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/image-23-1024x531.png\" alt=\"Binance Halts Polygon Network Support, Sandbox NFT Staking \" class=\"wp-image-58862\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/image-23-1024x531.png 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/image-23-300x156.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/image-23-768x398.png 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/image-23-750x389.png 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/image-23.png 1039w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Binance Halts Polygon Network Support, Sandbox NFT Staking <\/figcaption><\/figure>\n\n\n\n<p>The crypto exchange Binance disclosed the decision to discontinue the Sandbox NFT Staking Program in a September 8 announcement. According to the exchange, the decision was made after careful consideration and evaluation to enhance the product selection on the Binance NFT Marketplace.<\/p>\n\n\n\n<p>On September 26, users can no longer stake LAND NFTs hosted on the Polygon Network to gain SAND rewards. By the end of the month, Binance will automatically unstake all LAND NFTs and return them to users' accounts.<\/p>\n\n\n\n<p>In addition, Binance will cease supporting NFTs on the <a href=\"https:\/\/coinscreed.com\/staging\/derby-stars-p2e-game-migrates-to-polygon-network.html\">Polygon network<\/a> beginning September 26. By December 31, users must withdraw their NFTs on the Polygon network from the Binance NFT Marketplace. The ability to purchase, deposit, offer, or list NFTs from the Polygon Network on the Binance NFT Marketplace will cease entirely.<\/p>\n\n\n\n<p>The delisting and removing Cardano and Polygon spot, margin, and perpetual trading pairs by Binance increased after the SEC and CFTC lawsuits.<\/p>\n\n\n\n<p>Binance delisted Cardano (ADA) and Polygon (MATIC) perpetual contracts in BUSD pairs on August 17. In addition, on September 1, the exchange removed Cardano (ADA), Polygon (MATIC), and 37 other <a href=\"https:\/\/www.techopedia.com\/definition\/liquidity-pool-defi-liquidity-pool\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">liquidity pools<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance crypto exchange stops the Sandbox NFT Staking Program on the Binance NFT Marketplace. In addition, users will no longer be able to stake LAND NFTs hosted on the Polygon network. The crypto exchange Binance disclosed the decision to discontinue the Sandbox NFT Staking Program in a September 8 announcement. According to the exchange, the [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":58862,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[834],"tags":[5521,16381,16380],"class_list":["post-58859","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-binance","tag-binance-2","tag-polygon-network","tag-sandbox-nft-staking"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/image-23.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/58859","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=58859"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/58859\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/58862"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=58859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=58859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=58859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}