OKX Wallet launches Ordinals Marketplace to support BRC-20 trading

OKX Wallet launches Ordinals Marketplace to support BRC-20 trading

By Benson Toti - min read
  • The Ordinals Marketplace will offer features that include minting and trading of Bitcoin Ordinals
  • OKX Wallet to support Lightning Network and staking for Stacks (STX) and BRC-20 tokens
  • OKX to attend the Bitcoin Builders Conference in Miami

OKX, one of the leading cryptocurrency exchanges and Web3 technology company, today announced the launch of Ordinals Marketplace on OKX Wallet, making it the first multichain wallet to support BRC-20 trading. The new Ordinals Marketplace allows users to mint and trade Bitcoin Ordinals and BRC-20 tokens.

OKX has always believed in the power of Bitcoin and we’re proud to be constantly at the forefront of bringing Bitcoin technologies to a wider market,” said Jason Lau, Chief Innovation Officer at OKX. He added:

Whether it’s Ordinals, BRC-20, or Lightning, we see the potential of these technologies as they expand the design space and deliver new use cases. 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.”

Mint and trade ordinal inscriptions and BRC-20 tokens

The new Ordinals Marketplace includes the following features: a “now live” that will allow users to view and transfer Ordinals; an “available this week” feature enabling trading of BRC-20 tokens (users will be able to buy, sell, and list). 

Also accessible will be a “coming soon” feature that allows for minting of Ordinal inscription NFTs and BRC-20 tokens and a “coming soon: Trade Ordinals (buy, sell, and list)

In addition to the new Ordinals Marketplace, OKX has also announced additional support for Bitcoin. 

This includes support for Lightning Network to enable cheaper and faster bitcoin transactions. There is also staking support for Bitcoin Layer-2 token Stacks (STX) and BRC-20 tokens, and OKX BTC Explorer for BRC-20. With the latter feature, users can now validate BRC-20 transactions in real-time

In addition to the above announcements, the company also revealed its team will attend the Bitcoin Builders conference, the first-ever conference focused on Bitcoin’s Layer-2 ecosystem. The event is set for May 17 in Miami, where OKX’s Chief Innovation Officer Jason Lau will speak on a panel alongside other industry leaders.