- Binance launches the Inscriptions Marketplace for buying, selling, and minting inscription tokens.
- The marketplace utilizes UniSat’s API and is hosted within the Binance Web3 Wallet.
- Inscription tokens gained popularity after the launch of the Ordinals protocol on the Bitcoin blockchain in 2023.
- BRC-20 tokens, conceptualized last year, have become one of the most popular within the crypto space.
- The marketplace provides access to explore BRC-20 and Ethereum Virtual Machine (EVM) assets.
- Users can seamlessly move inscriptions between the Binance trading platform and Web3 Wallet.
Unlocking the Potential of Inscription Tokens
In a groundbreaking move, Binance, the world’s largest crypto trading platform, has introduced the Binance Inscriptions Marketplace. This platform, hosted within the Binance Web3 Wallet and leveraging UniSat’s API, aims to revolutionize the buying, selling, and minting of inscription tokens. These fungible assets, storing digital artifacts and NFTs on blockchains, gained significant traction after the 2023 launch of the Ordinals protocol on the Bitcoin blockchain.
The Rise of BRC-20 Tokens
Binance’s study reveals a surge in inscription minting volumes following the conceptualization of BRC-20 tokens in the previous year. As a result, BRC-20 tokens have become immensely popular within the crypto space. The Binance Inscriptions Marketplace facilitates users in exploring inscription tokens, including BRC-20 and EVM assets, bridging the gap between the Binance trading platform and the Web3 Wallet. With this innovative move, Binance aims to simplify and enhance the overall experience for users venturing into the world of inscription tokens.