Sat, November 23

OKX Wallet Launches Ordinals Marketplace for BRC-20 Tokens Trading

Crypto Exchange OKX Releases 10th Proof-of-Reserve (PoR) Report Market News
  • OKX announced the launch of the Ordinals Marketplace.
  • OKX allows users to mint and trade the BRC-20 tokens.

OKX Wallet, a leading web3 technology company, has become the first multichain wallet to support BRC-20 tokens trading with the launch of the Ordinals Marketplace. On May 16, the company announced the launch of the Ordinals Marketplace on the OKX Wallet.

The launch of the Ordinal Marketplace in the OKX wallet continues to support the Bitcoin ecosystem. It enables users to mint and trade Bitcoin (BTC) and BRC-20 tokens. The launch will make OKX Wallet the only multichain wallet that allows users to mint and trade the Ordinals, BRC-20, and NFTs. 

OKX Wallet will Support Lightning Network

According to the report, with the launch of Ordinal Marketplace, the view and transfer of Ordinals are now live. The trading of BRC-20 tokens will be available this week. Trade Ordinals, mint Ordinal inscription NFTs, and BRC-20 tokens will be available soon. Moreover, the OKX Wallet also supports the Lightning Network to enable cheaper and faster Bitcoin transactions. 

Jason Lau, chief innovation officer at OKX, stated that the company has always believed in the power of Bitcoin and is proud to be constantly at the forefront of bringing Bitcoin technology to a wider market. Whether it is BRC-20, Ordinals, or lightning, the company just sees the potential of these technologies. He also added that the OKX platform is the best way to explore the world of Bitcoin Ordinals and BRC-20.

OKX BTC Explorer adds support for BRC-20 tokens. With that, users can validate their BRC-20 transactions directly from the source. The company mentioned that OKX will add more features for the community in the future to extend its support for the Bitcoin protocol.

A passionate content writer with a background in journalism. Loves to explore and stay up-to-date with new technologies. Through his writing, he aims to share his knowledge and insights about the latest developments in the crypto world.