Binance has opened a marketplace for “inscriptions”

The largest cryptocurrency exchange Binance presented a marketplace focused exclusively on the “inscriptions” of the Ordinals protocol.

The new platform will allow you to sell, buy and mine BRC-20 standard tokens and other EVM-compatible assets. About it it says in the official message of the crypto exchange.

The marketplace for “inscriptions” is hosted in the Binance Web3 wallet, which is accessible through the platform application. According to the developers, the new product offers various features, including:

  • purchase, sale and mining of BRC-20 standard tokens and other EVM coins;
  • seamless transfers between the Binance platform and its crypto wallet;
  • increased transaction speed using a special accelerator for the Bitcoin (BTC) network.

Binance has reportedly entered into a partnership with the UniSat wallet, which supports over 60,000 BRC-20 tokens. The collaboration will also provide users with access to UniSat liquidity.

“We believe that our entry into this area is timely, not late, as now is the time for Binance users to explore and benefit from this emerging area,” the crypto exchange said.

This week, the OKX crypto exchange added support for four “inscription” standards: Atomicals (ARC-20), Stamps (SRC-20), Runes and Doginals (DRC-20).

Source: Cryptocurrency

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