Users have until July 3 to transfer their NFTs to a Binance Wallet or another compatible external wallet. Otherwise, they will lose access to their assets. However, non-transferable NFTs cannot be withdrawn. To compensate for the transaction fees involved in withdrawing NFTs, Binance will send 1 USDC to 100,000 users. This amount should be sufficient for transactions on the BSC and Ethereum networks. The tokens will be credited by July 3. According to The Block, the annual NFT trading volume across all blockchains in 2025 is projected to amount to $5.5 billion, which is nine times lower than the peak of $50 billion in 2022.