On February 1, Binance has unveiled its long-awaited Binance Inscriptions Marketplace. This significant launch, hosted on the self-custody Binance Web3 Wallet within the Binance app, now enables users globally to buy, sell, and mint a variety of inscription tokens with ease.
Inscription tokens facilitate the creation of digital artifacts on blockchain, permitting a vast range of data types to be stored, non-fungible tokens (NFTs) to be created, and decentralized applications (dApps) to be produced. BRC-20 tokens, minted via the Ordinal protocols on the Bitcoin blockchain, are some of the most sought-after inscription tokens.
The Binance Inscriptions Marketplace offers a host of features:
1. Unlimited Options: Buy, sell, or inscribe BRC-20 tokens, EVM tokens, and various other inscription tokens.
2. Seamless Transfers: Transfer inscriptions between the Binance exchange platform and Web3 Wallet effortlessly.
3. Accelerated Transactions: Enjoy increased transaction speeds with the BTC Transaction Accelerator.
Rohit Wad, Binance's Chief Technology Officer, said, "Binance is heartened by the appeal and traction that inscription technology has garnered from the global crypto community. We aim to drive innovation by collaborating with industry leaders, blending convenience with cutting-edge technology for all users."
While advocating for the inscription technology, Binance has entered into a strategic partnership with UniSat, a pioneer in the ordinals and inscriptions space. This alliance enables users to access UniSat’s liquidity depth and over 60,000 BRC-20 token offerings while also benefiting from the simplicity, convenience, and security offered by Binance Web3 Wallet.
Lorenzo, Director at UniSat, added, "We are honored to assist Binance with their Inscriptions Marketplace. Our shared commitment toward innovation will fuel industry growth and inspire more developers and crypto enthusiasts to explore inscription assets."
