Enhancement of Web3 Wallet and Marketplace on OKX with Four New Inscription Standards

Enhancement of Web3 Wallet and Marketplace on OKX with Four New Inscription Standards


Driving the Adoption of Web3

Okx, a Web3 technology company, has announced that it will introduce support for four new inscription token standards on its platform. The first to be added will be the Bitcoin token standard and stamps (SRC-20) on February 5th, followed by atomicals (ARC-20), runes, and dogecoin’s doginals (DRC-20) later in the same month.

Okx will also include DRC-20, ARC-20, and Runes standards to its marketplace in late February, allowing users to trade these inscriptions with zero fees. The main goal of Okx is to drive the adoption of Web3 and fuel its future growth.

A Leading Inscriptions Ecosystem

Okx’s Chief Technology Officer, Jason Lau, commented on the addition of these new inscription standards. He stated that Okx aims to promote the mainstream adoption of cutting-edge technologies in Web3. With the introduction of its new inscriptions ecosystem, Okx becomes a prominent one-stop inscriptions platform in Web3. By providing users with a simplified experience to buy, sell, create, and trade leading token standards on one platform without trading fees, Okx is eliminating obstacles and opening up the potential of inscriptions.

An Advanced Inscriptions Offering

The Okx wallet’s inscriptions tool already supports the minting of inscriptions on 23 networks, including Bitcoin, Dogecoin, Ethereum, Polygon, BNB Chain, Avalanche-C, and Arbitrum One. Additionally, Okx’s inscription offering is known for its industry-leading liquidity across multiple inscription standards.

Hot Take: Okx Expands Inscription Support in Web3

Read Disclaimer
This page is simply meant to provide information. It does not constitute a direct offer to purchase or sell, a solicitation of an offer to buy or sell, or a suggestion or endorsement of any goods, services, or businesses. Lolacoin.org does not offer accounting, tax, or legal advice. When using or relying on any of the products, services, or content described in this article, neither the firm nor the author is liable, directly or indirectly, for any harm or loss that may result. Read more at Important Disclaimers and at Risk Disclaimers.

Okx’s decision to add support for four new inscription token standards reflects its dedication to driving the adoption of Web3. By expanding its offerings and providing a seamless platform for users to engage with different token standards, Okx is positioning itself as a leading player in the Web3 space. With the ability to buy, sell, and trade inscriptions with zero fees, users can fully explore and realize the potential of inscriptions on Okx. This move demonstrates Okx’s commitment to empowering users and simplifying access to innovative technologies in the Web3 ecosystem.

Enhancement of Web3 Wallet and Marketplace on OKX with Four New Inscription Standards
Author – Contributor at Lolacoin.org | Website

Benito Cormi, the brilliant crypto analyst who has made waves in the world of cryptocurrency. With his razor-sharp analytical skills and deep understanding of the digital asset landscape, Benito has become a trusted figure in the industry and remains at the forefront, tirelessly researching and analyzing market trends to help individuals and businesses make informed decisions in this dynamic landscape.