- Bitcoin Ordinals surged in popularity, helping to revive the NFT market.
- OKX Wallet’s browser extension now has support for Bitcoin taproot addresses.
OKX, a cryptocurrency exchange, is the first multi-chain platform that allows the viewing and transfer of Bitcoin ordinals in the OKX Wallet and the OKX NFT Marketplace. Bitcoin NFTs, sometimes known as Bitcoin ordinals, are digital assets inscribed on the Satoshi.
Bitcoin Ordinals surged in popularity, helping to revive the NFT market and Bitcoin miners after a tough bear market. The “Taproot” improvement to the Bitcoin protocol in 2021 made it possible for Bitcoin to have its own unique digital signature, and this year saw the birth of Bitcoin Ordinals.
Ordinals on Multi-chain Platform
The second-largest cryptocurrency market OKX has updated its OKX Wallet and NFT Marketplace so that Bitcoin (BTC) ordinals may now be seen and transferred.
OKX has pioneered the use of ordinals on a multi-chain platform with the addition of Bitcoin ordinals. OKX Wallet’s browser extension now has support for Bitcoin taproot addresses, and a mobile version is on the way.
Instead of keeping track of many wallets, as is necessary when dealing with Bitcoin, customers may simply import their BTC wallets and monitor their Bitcoin ordinals inside a single wallet.
OKX chief marketing officer Haider Rafique stated:
“We had to move fast to welcome the ordinals community and give them an easy way to store, manage, and soon mint ordinals within our wallet services. I hope this integration helps bring more people in to play with this new utility and discover new possibilities on top of Bitcoin.”
This new turn of events followed last month’s debut of Bitcoin Punks NFTs on OKX NFT Marketplace. OKX allowed customers to pay in ETH for ordinals.
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