Binance launches a new NFT marketplace focused on inscriptions and Bitcoin Ordinals. Users will be able to trade and mint inscriptions with self-custodial wallets.

Binance’s new marketplace will support BRC-20, EVM, and other inscriptions and derive liquidity from UniSat, an Ordinals and inscriptions marketplace.

Binance Says Bitcoin Ordinals Have Matured

Initially, the Binance Inscriptions Marketplace will give users access to over 60,000 BRC-20 tokens. Users of the new marketplace can use a self-custody wallet embedded in the Binance app. Binance will use the UniSat marketplace to offer customers improved liquidity.

The crypto exchange said launching it now was timely, with over 200 million inscriptions on multiple blockchains. In addition, ORDI, a BRC-20 token, recently reached a market capitalization of $1 billion. 

The move also closely follows rollouts of inscription services by big exchanges. OKX announced new inscription standards, Doginals, Atomicals, Stamps, and Runes, earlier this week. 

Developer Casey Rodamor implemented the idea of inscriptions on the Bitcoin network. Essentially, the Ordinals protocol “inscrib

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Author: David Thomas

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