" class="no-js "lang="en-US"> OKX Wallet is the First Multichain Wallet to Support BRC-20 Trading with Launch of Ordinals Marketplace - Fintech Finance
Friday, March 29, 2024

OKX Wallet is the First Multichain Wallet to Support BRC-20 Trading with Launch of Ordinals Marketplace

OKX, a leading Web3 technology company, today announced that it will soon launch Ordinals Marketplace on OKX Wallet, allowing users to mint and trade Bitcoin Ordinals and BRC-20 tokens. The launch of the new Ordinals Marketplace demonstrates OKX’s continued support for the Bitcoin ecosystem and will make the OKX Wallet 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: “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. 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.”

New Ordinals Marketplace includes:

  • Now live: View and transfer Ordinals
  • Available this week: Trade BRC-20 tokens (buy, sell, and list)
  • Coming soon: Mint Ordinal inscription NFTs and BRC-20 tokens
  • Coming soon: Trade Ordinals (buy, sell, and list)

Additional support for Bitcoin includes:

  • OKX Wallet to support Lightning Network, enabling cheaper and faster bitcoin transactions.
  • OKX BTC Explorer adds support for BRC-20, making it the first multichain explorer to support BRC-20 tokens.
  • Users can now validate their BRC-20 transactions directly from the source in real-time
  • Staking support for $STX (Bitcoin Layer-2) and BRC-20 tokens

The OKX Wallet is the first multi-chain Web3 wallet to utilize multi-party computation (MPC) technology, which improves security by eliminating a single point of failure, and making it easier for a user to recover access to assets in emergencies. Following the Bitcoin philosophy of ‘not your keys, not your coins,’ it is a truly decentralized, self-custody wallet where all transactions and tokens are on-chain.

OKX will attend Bitcoin Builders, the first-ever conference focused on Bitcoin’s Layer-2 ecosystem, on 17 May in Miami, where Chief Innovation Officer Jason Lau will speak on a panel alongside other industry leaders. OKX will announce further support for the Bitcoin protocol and community in the near future.

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