Binance Launches Marketplace for "Tokens" in the Ordinals Protocol
Date: 2024-02-01 Author: Dima Zakharov Categories: BUSINESS
Binance, the leading cryptocurrency exchange, has introduced a groundbreaking marketplace tailored specifically for "tokens" operating within the Ordinals protocol. This development opens up exciting opportunities for crypto enthusiasts and traders.
The newly launched marketplace will enable users to buy, sell, and mine tokens adhering to the BRC-20 standard and other EVM-compatible assets. Binance officially announced this innovation through a statement.
Accessible via the Binance platform's Web3 wallet application, the marketplace offers various features, including:
1. Buying, selling, and mining BRC-20 standard tokens and other EVM-based coins.
2. Seamless transfers between the Binance platform and its crypto wallet.
3. Enhanced transaction speed facilitated by a dedicated Bitcoin (BTC) network accelerator.
Binance has also established a partnership with UniSat, a wallet supporting over 60,000 BRC-20 tokens. This collaboration will grant users access to UniSat's liquidity.
Binance representatives emphasized the timely nature of their entry into this sphere, asserting that Binance users can now explore this rapidly evolving domain and benefit from it.
In a related development this week, OKX, another prominent cryptocurrency exchange, added support for four "token" standards: Atomicals (ARC-20), Stamps (SRC-20), Runes, and Doginals (DRC-20).
Disclaimer: All information presented on our website is published with the principles of fairness, objectivity, and solely for informational purposes. Readers are responsible for their actions based on the information obtained from our website.
