June 3, 2022

Binance NFT API – What Is It and How Does It Work?

Table of Contents

To build a great Binance NFT dapp, you need a Binance NFT API. Moralis’ enterprise-grade NFT API offers full support for BNB Chain and is the best BNB NFT API on the market. In fact, Moralis’ Binance NFT API will get you all the NFT metadata for your BNB Chain dapp with a single API call, and you can fetch the following data:

  • NFT Metadata – Get all NFT metadata in a single API call. The API is cross-chain compatible and features a search endpoint, meaning you can search within the metadata of an NFT. For more information, see our metadata endpoints page.
  • NFT Transfer Data – Want to stay up-to-date with the latest NFT transfers? Or, perhaps you want to see the transfer history of an NFT, transfers of a wallet, or track real-time transfers? Whatever the case might be, Moralis’ Binance NFT API lets you to implement it. See our transfer endpoints page for more info.
  • NFT Ownership Data – No need for custom code or additional infrastructure. Fetch the owner of a specific non-fungible token or an entire collection in just one single API call! Want to know more? See our ownership endpoints page.

Using the Moralis NFT API means you can skip the traditional cumbersome steps such as:

❌ 10+ calls to get the necessary NFT metadata.

❌ Parsing individual smart contracts.

❌ Sorting through irregular data sets.

❌ Querying nodes for metadata.

Instead, bypass the above by using Moralis’ NFT API to:

✅ Retrieve NFT data across any supported network with a single API call!

Benefits of Moralis’ Binance NFT API Backend Infrastructure

Here are some benefits developers have experienced from utilizing the NFT API for BNB Chain development: 

  • Up to 80% saved in development time.
  • Support for both standard and non-standard NFTs (e.g., CryptoPunks).
  • The NFT API automatically resolves metadata. 
  • Fully compatible with several game engines.

In this article, we showcase how to utilize the features of the NFT API – so you can take full advantage of Moralis’ infrastructure. However, if you’re new to Web3 development, you might want to understand what a Binance NFT API actually is before you start programming. Moreover, we also introduce the overall concept of NFT APIs first. So, let’s explore NFT APIs, and then look at how Binance NFTs can provide you with more information regarding these tokens. Lastly, we will explore how to fetch Binance NFT metadata, ownership, and transfer data using Moralis’ NFT API. So, if you’re interested in NFT development, follow along and learn everything you need to know about Binance NFT APIs! 

However, before we start, sign up with Moralis right now! Creating an account is entirely free, and you can get going with your first Web3 project in just minutes.

What is an NFT API? 

To grasp the concept of an NFT API, such as the Binance NFT API, we must first understand what APIs are. API is an abbreviation for “application programming interface”, and it’s basically an interface allowing two pieces of software to interact with one another. Furthermore, an API enables various sets of instructions to be translated or transferred for mutual understanding. But we can also clarify what an API is further. We can use the “pipes” in a house as an analogy here. We can compare the “pipes” to an API, and the SDK (software development kit) as the whole house. This suggests that APIs ensure consistent coding in a safe environment by delivering functions with predictability on every query. 

With the previous description in mind, an NFT API has all the aforementioned qualities focusing on NFTs. Accordingly, NFT APIs make the acquisition of NFT backend information a lot more accessible, allowing for the quick and easy development of NFT-related projects. With the increased interest in the NFT market, the demand for NFT APIs is higher than ever. Nevertheless, until now, the market has been lacking some valuable tools for Web3 developers to use – which is where Moralis enters the picture. 

Moralis supplies a powerful cross-chain NFT API compatible with numerous networks, including BNB Chain. As such, it’s possible to utilize the tools of Moralis to create a Binance NFT in only five steps! Moreover, as the API supports multiple chains, you can additionally learn how to create an Ethereum NFT. So, if you opt to use Moralis, you won’t limit yourself to one network. As we’ve looked at what APIs are in our “Binance NFT API” journey, let’s move into the next section and explore what Binance NFTs are!

What are Binance NFTs? 

To understand what a Binance NFT is, we must first explore NFTs in more detail. Thus, let’s kick things off by answering the “what are NFTs?” question!

NFT is an abbreviation for “non-fungible token”, and “non-fungible” is a traditional economic term used to describe unique assets. We, therefore, use the term to label assets that are unique. Essentially, an NFT is a one-of-a-kind token that can’t be copied or falsified. Moreover, as these tokens are entirely unique, they are ideal for representing other non-fungible assets such as songs, trading cards, or digital art. 

On the other side of the spectrum, we find fungible assets. Currency is an excellent example of a fungible asset in traditional economics. One dollar, for example, is not unique and can be directly traded for another dollar. Similarly, within the world of crypto, we have fungible assets such as ETH or Bitcoin. All Bitcoins are equal to one another, meaning that they are interchangeable. 

To summarize, NFTs are unique tokens stored on a blockchain that generally contains metadata pointing to something unique such as digital art. This basically means that a Binance NFT is an inimitable token that lives on the Binance blockchain network. 

Are you looking to create NFTs for the Binance network? If so, then feel free to check out our article on how to create a BNB NFT. This guide will teach you the ins and outs of BNB NFT development and allow you to create a token in no time! In addition, you might have heard of NFT collections such as CryptoPunks. If you’d like to create your own, check out our article on how to mint 10,000 NFTs! Now, let’s continue our “Binance NFT API” journey by digging deeper into Moralis’ NFT API!

What is Moralis’ NFT API? 

If you’re looking to create dapps, it’s always beneficial to be efficient. This will not only allow you to roll out our applications faster and gain a competitive advantage, but it will also allow you to save money. Becoming more efficient is not always an easy task, and there are several hurdles within the blockchain industry. However, one place to start is Moralis, as this is the premier solution for blockend development. 

Moralis provides a fully managed, infinitely scalable backend infrastructure making Web3 development more accessible. Also, Moralis supplies some of the most incredible development tools on the market, such as Moralis’ Price API, Solana API, and, of course, Moralis’ NFT API. We briefly mentioned the Moralis NFT API in a previous section; however, let’s take a closer look at the intricacies of this tool! 

Moralis’ NFT API is a normalized cross-chain API, relieving you from most of the heavy lifting. If you utilize this API, you’ll have more time to focus on what’s really important, such as creating value for your users through a great UI (user interface) and UX (user experience). If you are interested in UI design, please check out one of our articles on how to create a great dapp UI using Moralis’ web3uikit! What’s more, the Moralis NFT API is cross-chain compatible and supports the following networks: Ethereum, Polygon, Avalanche, Fantom, and Binance. As such, utilization of this API makes development for either of these networks much more manageable, and you can roll out projects in record time!

As we’re taking this article to discover what a Binance NFT API is, we will, in the following sections, dive deeper into how you can acquire Binance NFT metadata, ownership, and transfer data with ease! 

Get Binance NFT Metadata

Now that we have a better understanding of Binance NFTs and what the Binance NFT API and APIs are, we can continue and take a closer look at what’s possible with the Moralis NFT API. So, let’s kick things off by looking closer at how you can get Binance NFT metadata.

By utilizing the Moralis NFT API, you can avoid the cumbersome traditional process of manually parsing smart contracts. Instead, you can let the API do the heavy lifting to normalize the data, leaving you with the task of simply querying the information. As such, with this cross-chain compatibility, not only can you fetch Binance NFT metadata but metadata from other chains alike. 

The API even has search endpoints providing you with the opportunity to search inside the metadata of NFTs. Furthermore, you can find specific descriptions or attributes easily, and the results include fully resolved metadata for you to use in your dapps. This is what NFT metadata development should be, and it does not get more accessible than this. Here is what it might look like when getting NFT metadata: 

const nftMetadata = await Moralis.EvmApi.nft.getNFTMetadata({
address: "0x.....",
chain: EvmChain.BSC,
tokenId: "1",
});
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Get Binance Ownership Data

If you’re looking to create NFT projects, one essential piece of information is accurate NFT ownership data. With the Moralis NFT API or Binance NFT API, you can stop worrying about setting up the extra infrastructure to track Binance NFTs or the need for customer codes when the tokens are traded. The API provides up-to-date information on Binance NFT ownership data. What’s more, it is further possible to retrieve all owners of a complete NFT collection with a few simple lines of code! 

In addition, the API allows you to “token-gate” your content with a few simple clicks, enabling you to gain control over the content you have created. With Moralis’ SDK, you can query this type of data as easily as this: 

await Moralis.EvmApi.nft.getNFTOwners({
address: "0x..",
chain: EvmChain.BSC,
});

Get Binance NFT Transfer Data

Another essential piece of information that can be valuable to you as a blockend developer is transfer data. With this data, you can keep track of how tokens move around on-chain, allowing you to build powerful applications. The API will enable you to stay up-to-date by searching all NFT transfers from particular block numbers. It’s even possible to search NFT transfers based on wallet addresses, NFT contract addresses, or specific tokens. This functionality is cross-chain out-of-the-box, and transfers can be found in the API as soon as they are confirmed. 

With this cross-chain compatibility, it’s possible to query Binance NFT transfer data with ease, and you’ll be able to create sophisticated dapps for the Binance ecosystem. As such, you’re able to save valuable development time with the Moralis NFT API as you can avoid infrastructure setup time, cross-chain development concerns, and hosting worries. For example, you can use the following code to acquire transfer data: 

await Moralis.EvmApi.nft.getNFTTransfers({
address: "0x...",
chain: EvmChain.BSC,
tokenId: "1",
});

Now, this only scratches the surface of what’s possible with the Moralis NFT API, and there is a lot more to explore. A great place to start is the official NFT API GitHub documentation, where you can learn everything you need to know about the API! 

If this has sparked your interest in Web3 or blockend development, you should consider enrolling in Moralis Academy. The academy supplies the best blockchain courses on the market and can significantly improve your proficiency within the field.

For example, if you’re new to Web3, check out the Crypto for Beginners course. What’s more, you don’t need to be a beginner to benefit from Moralis Academy; there are courses for more experienced developers alike!

What is a Binance NFT API? – Summary

NFTs are booming, which makes it more relevant than ever to get into NFT development. With the increased attentiveness towards the field, people are looking to develop all sorts of NFT-related projects. However, Web3 development can be a tedious task without the proper tools. Therefore, when creating NFT dapps, it’s highly beneficial to utilize an API. 

One of the best APIs on the market is Moralis’ NFT API. This tool can significantly aid in reducing development time. The Moralis NFT API is cross-chain compatible, enabling easier NFT development for different networks. These include Ethereum, Polygon, Fantom, Arbitrum, and Binance. 

In this article, we delved deeper into how Moralis’ NFT API can be used to support NFT development on the Binance network. In previous sections, we explored how to get Binance NFT metadata, ownership, and transfer data with ease. This suggests that Moralis provides an excellent Binance NFT API. With the Binance NFT API, it becomes significantly more accessible to develop NFT projects for the Binance network. Moreover, you can create all sorts of interesting dapps. Besides more traditional NFTs, you can also learn more about fractional NFTs and dynamic NFTs here at Moralis.

If you’re interested in token development, you can learn more about BEP20 tokens or how to create a BNB Chain token. However, this is only a fraction of what’s possible with Moralis. As a more experienced developer, you can use the system to create more sophisticated dapps. For example, learn how to build a medieval metaverse game or create your own metaverse with Moralis’ Metaverse SDK!  

So, want to get into the Web3 development realm? Then sign up with Moralis and begin your development journey now!

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