News

Dogecoin Ordinals Will Soon Be Supported By OKX

Key Points:

  • OKX will integrate Dogecoin Ordinals and SRC-20 into its wallet and marketplace.
  • Late February saw OKX Marketplace allow millions of users to trade DRC-20, ARC-20, and Runes inscriptions with zero fees.
OKX, a leading cryptocurrency trading platform, has announced the expansion of its digital asset offerings by incorporating various inscription token standards into its wallet and marketplace.
Dogecoin Ordinals Will Soon Be Supported By OKX 2

Read more: What Is DRC-20? Will This New Token Standard Help Dogecoin Grow?

OKX Expands Cryptocurrency Offerings with Dogecoin Ordinals Integration

The integration includes Dogecoin Ordinals and Bitcoin token standard SRC-20 (Stamps), allowing users to seamlessly view and transfer inscription standards.

In a recent statement, OKX revealed that its wallet would integrate additional standards in late February, such as ARC-20 (Atomicals), DRC-20 (Dogecoin Ordinals or Doginals), and Runes. Simultaneously, the OKX Marketplace will also integrate DRC-20, ARC-20, and Runes standards, offering millions of users the opportunity to buy and sell these inscriptions with zero fees.

Similar to BRC-20 on Bitcoin, newer token standards are receiving unique names, such as PRC-20 on Polygon PoS, Ethscriptions on Ethereum, and Solana Inscriptions on Solana.

According to Jason Lau, the Chief Innovation Officer at OKX, the rapid adoption of inscriptions, particularly among Asian users, led to the development of OKX’s product offerings in their web3 self-custodial wallet. The platform has witnessed a significant surge in users, growing from hundreds to over 100,000, showcasing the expanding market interest, The Block reported.

Concurrently, the OKX Marketplace will facilitate the purchase and sale of DRC-20, ARC-20, and Runes inscriptions without any fees. As a top crypto trading platform by total market share, OKX continues to provide users with a Web3 wallet, offering a comprehensive solution for managing, purchasing, and selling inscriptions in the evolving crypto landscape.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

Dogecoin Price Gets $5 Prediction, Shiba Inu To Rally 1,100%, And ETFSwap (ETFS) To Jump 135x

Here are the latest predictions for Dogecoin, Shiba Inu, and ETFswap.

19 mins ago

AVAX Hits $1B in DeFi, Cardano Expected to Surge—BlockDAG Leads with $110M Presale & 100% Bonus!

Discover BlockDAG's 100% bonus and $110M presale surge that’s sparking interest among crypto enthusiasts. Also,…

19 mins ago

Crypto Institutional Investors Move To ETFSwap (ETFS) Amid $500 Million Liquidity Injection Expectations

Discover why crypto investors are moving to ETFSwap (ETFS) as $500 million liquidity injection is…

3 hours ago

Buyers Rush to Maximise Gains with BlockDAG’s 100% Bonus Offer; Plus, ETH Holds Strong as Solana Challenges Rivals

Learn about BlockDAG's $110M presale achievement and the whopping 100% bonus offer, alongside Ethereum's growth…

5 hours ago

Thai Police Corruption Case Involving Officers and Extortion

Thai police corruption exposed as officers extort millions in USDT from a Chinese man under…

8 hours ago

SafePal Telegram Wallet Launches with Swiss Bank Accounts and CeDeFi

SafePal Telegram Wallet allows 950 million users to create compliant crypto-friendly Swiss bank accounts, integrating…

9 hours ago

This website uses cookies.