Binance Launches Inscriptions Marketplace for Buying, Selling, and Minting Tokens
Binance has announced the launch of its new platform called “Binance Inscriptions Marketplace.” This platform allows users to buy, sell, and mint inscription tokens. According to a spokesperson from Binance, the platform not only supports inscription trading but also facilitates the minting of BRC-20 and EVM tokens. This move aims to reduce transaction costs for users.
The spokesperson also highlighted significant milestones in the industry, such as the BRC-20 token ORDI reaching a $1 billion market cap and over 200 million inscriptions across various blockchains. They believe that this is the right time for Binance users to explore and benefit from this evolving realm.
Binance’s new product utilizes UniSat’s API, an ordinals and inscriptions marketplace. This integration allows users to access UniSat’s liquidity and over 60,000 BRC-20 tokens.
Binance Joins the Inscriptions Marketplace Following OKX’s Move
Binance’s newly launched inscriptions marketplace comes after OKX’s recent announcement to enable Doginals, Atomicals, Stamps, and Runes inscription standards.
Hot Take: Binance Expands its Offerings with Inscriptions Marketplace
Binance continues to expand its services with the introduction of the “Binance Inscriptions Marketplace.” By allowing users to buy, sell, and mint inscription tokens, Binance aims to provide a cost-effective solution for transactional needs. With the integration of UniSat’s API and access to over 60,000 BRC-20 tokens, Binance users have more options to explore in this evolving space. The launch of this marketplace follows OKX’s recent move into inscription standards. As the industry embraces inscriptions across various blockchains, Binance’s entrance into this market is timely and offers users the opportunity to benefit from this growing trend.
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