SINGAPORE, March 14, 2024 /PRNewswire/ — OKX, a number one Web3 know-how firm, right now added assist for the Atomicals (ARC-20) Bitcoin inscription normal on its Inscription Market, previously generally known as Ordinals Market. This addition presents customers an enhanced vary of choices to create, purchase and promote inscriptions throughout an increasing roster of token requirements.
ARC-20, an rising Bitcoin inscription normal, makes it doable to characterize fungible token property on the Bitcoin blockchain. This coloured coin normal permits every satoshi (the smallest unit of Bitcoin) to characterize token possession items. Examples of ARC-20 inscriptions at present out there for buying and selling on OKX’s Inscription Market embrace prime market cap tokens reminiscent of Atom and Quark, in addition to common collections like TOOTHY, Capybaras and plenty of others.
The combination of ARC-20 into OKX’s Inscription Market follows the addition of ARC-20 and Stamps (SRC-20) assist on OKX Pockets on March 5 and February 14, 2024, respectively, enabling customers to view and switch these progressive inscription requirements. OKX Pockets additionally added viewing and switch assist for the Rune Alpha inscription normal on March 12. Within the coming weeks, the OKX Pockets and Inscription Market will add assist for Doginals (DRC-20), with the addition of Runes assist to comply with post-Bitcoin halving.
OKX Chief Innovation Officer Jason Lau mentioned: “OKX is the perfect place to find and commerce Ordinals and Inscriptions. Our Inscription Market continues to enhance by together with assist for main protocols like Atomicals. And, there’s extra to return with Doginals and Runes. We’ve developed and refined this characteristic based mostly on customers’ suggestions and may’t wait to listen to their ideas.”
These enhancements place the OKX Market because the business’s main one-stop market, boasting zero-fee buying and selling throughout a quickly rising vary of token requirements. OKX Pockets’s inscription instrument already helps inscription minting on 23 networks, together with Bitcoin, Dogecoin, Ethereum, Polygon, BNB Chain, Avalanche-C, Arbitrum One and plenty of others.
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Media@okx.com
About OKX
A number one international know-how firm driving the way forward for Web3, OKX supplies a complete suite of merchandise to satisfy the wants of newbies and consultants alike, together with:
- OKX Pockets: The world’s strongest and versatile crypto pockets which supplies customers entry to over 80 blockchains whereas permitting them to take custody of their very own funds. The pockets consists of MPC know-how which permits customers to simply get better entry to their pockets independently, eradicating the necessity for conventional, ‘written down’ seed phrases. As well as, OKX Pockets’s account abstraction-powered Sensible Account permits customers to pay for transactions on a number of blockchains utilizing USDC or USDT, and work together with a number of contracts by way of a single transaction.
- DEX: A multi-chain, cross-chain decentralized trade aggregator of 400+ different DEXs and roughly 20 bridges, with 200,000+ cash and greater than 20 blockchains supported.
- NFT Market: A multi-chain, zero-fee NFT market that offers customers entry to NFT listings throughout seven top-tier marketplaces together with OpenSea, MagicEden, LooksRare and Blur.
- Web3 DeFi: A strong DeFi platform that helps incomes and staking on about 70 protocols throughout greater than 10 chains.
OKX companions with numerous the world’s prime manufacturers and athletes, together with English Premier League champions Manchester Metropolis F.C., McLaren Formulation 1, The Tribeca Pageant, Olympian Scotty James, and F1 driver Daniel Ricciardo.
As a pacesetter constructing progressive know-how merchandise, OKX believes in difficult the established order. The corporate just lately launched a world model marketing campaign entitled, The System Wants a Rewrite, which advocates for a brand new paradigm led by Web3 self-managed know-how.
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