OKX, a leading Web3 technology company, has announced the launch of the Ordinals trading market this week, according to the press release. The platform will support BRC20 token trading and BTC cross-chain Swap, in addition to supporting Ordinals inscriptions and BRC20 token minting and Ordinals NFT trading from the end of May to June. The launch of OKX Wallet BTC Lightning Network is also scheduled for June.
OKX Wallet: A Multichain Solution For Trading & Minting
The launch of the new Ordinals Marketplace marks the company’s continued support for the Bitcoin ecosystem. The OKX Wallet will be the only multichain wallet allowing users to trade and mint Ordinals, BRC-20 tokens, and NFTs across 60+ blockchains via one solution.
Jason Lau, Chief Innovation Officer at OKX, said that the company has always believed in the power of Bitcoin. He added that they are proud to be constantly at the forefront of bringing Bitcoin technologies to a wider market:
OKX Wallet is the best way to explore the world of Bitcoin Ordinals and BRC-20 tokens, and we can’t wait to launch even more features for the community.
The new Ordinals Marketplace includes several features. Users can now view and transfer Ordinals while trading BRC-20 tokens (buy, sell, and list) will be available this week.
In addition, the platform will allow users to mint Ordinal inscription NFTs and BRC-20 tokens. Trading Ordinals (buy, sell, and list) will also be launched soon, as per the press statement.
OKX Wallet also supports Lightning Network, enabling cheaper and faster Bitcoin transactions. The OKX BTC Explorer adds support for BRC-20, making it the first multichain explorer to support BRC-20 tokens. Staking support for $STX (Bitcoin Layer-2) and BRC-20 tokens will also be available.
The company Wallet is the first multichain Web3 wallet to utilize multi-party computation (MPC) technology. It improves security by eliminating a single point of failure and making it easier for users to recover access to assets in emergencies. It is a truly decentralized, self-custody wallet where all transactions and tokens are on-chain.
However, the company will attend Bitcoin Builders, the first-ever conference focused on Bitcoin’s Layer-2 ecosystem, on May 17 in Miami. Chief Innovation Officer Jason Lau will speak on a panel alongside other industry leaders. The company plans to announce further support for the Bitcoin protocol and community in the near future.
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