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We've Launched Support for Atomicals (ARC-20) on Our Inscription Market, Expanding the Range of Token Standards for Zero-Fee Trading

OKX LearnOKX Learn
Published on 14 Mar 2024
Updated on 25 Apr 2024
2 min read
ARB-3.75%
ATOM-2.79%
BTC-1.52%

Today, we're excited to announce that we have added support for the Atomicals (ARC-20) Bitcoin inscription standard on our Inscription Market, formerly known as Ordinals Market. This addition enhances the range of options available to our users to create, buy and sell inscriptions across an expanding roster of token standards.

ARC-20, an emerging Bitcoin inscription standard, makes it possible to represent fungible token assets on the Bitcoin blockchain. This colored coin standard enables each Satoshi (the smallest unit of Bitcoin) to represent token ownership units. On our Inscription Market, users can now trade ARC-20 inscriptions including top market cap tokens such as Atom and Quark, as well as popular collections like TOOTHY, Capybaras and many others.

The integration of ARC-20 support on our Inscription Market follows the addition of ARC-20 and Stamps (SRC-20) support on our OKX Wallet, enabling users to view and transfer these innovative inscription standards. Our OKX Wallet also added viewing and transfer support for the Rune Alpha inscription standard on March 12. In the coming weeks, we plan to further expand support on our OKX Wallet and Inscription Market for Doginals (DRC-20), with the addition of Runes support to follow post-Bitcoin halving.

Our Chief Innovation Officer Jason Lau said: "OKX is the best place to discover and trade Ordinals and Inscriptions. Our Inscription Market continues to improve by including support for leading protocols like Atomicals. And, there’s more to come with Doginals and Runes. We've developed and refined this feature based on users' feedback and can't wait to hear their thoughts."

Our latest enhancements establish the OKX Marketplace as the industry's leading one-stop marketplace, offering zero-fee trading across an ever-growing range of token standards. Already, our OKX Wallet's inscription tool supports inscription minting on 23 networks, including Bitcoin, Dogecoin, Ethereum, Polygon, BNB Chain, Avalanche-C, Arbitrum One and many others.

Disclaimer
This content is provided for informational purposes only and may cover products that are not available in your region. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold crypto/digital assets, or (iii) financial, accounting, legal, or tax advice. Crypto/digital asset holdings, including stablecoins, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding crypto/digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. Information (including market data and statistical information, if any) appearing in this post is for general information purposes only. While all reasonable care has been taken in preparing this data and graphs, no responsibility or liability is accepted for any errors of fact or omission expressed herein.

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