Binance, a leading global cryptocurrency exchange, has introduced the “Binance Inscriptions Marketplace,” a new feature that allows users to trade, mint, and inscribe tokens.
Binance revealed that this marketplace is integrated within a self-custody crypto wallet on its application, facilitating users to engage with BRC-20 tokens, EVM tokens, and various other inscription tokens.
The company highlighted that their platform is not limited to trading inscriptions but also supports the creation of BRC-20 and EVM tokens, aiming to reduce transaction costs for users.
https://twitter.com/binance/status/1752980103875932195
In its strategic approach, Binance has integrated the API of UniSat, a known marketplace for ordinals and inscriptions. This integration is intended to grant Binance users direct access to UniSat’s extensive liquidity options and its diverse assortment of over 60,000 BRC-20 tokens.
This initiative by Binance arrives on the heels of OKX, another cryptocurrency exchange, which earlier this week launched support for various inscription standards including Doginals, Atomicals, Stamps, and Runes.
With the launch of its Inscriptions Marketplace, Binance aims to solidify its position in the evolving inscription token landscape and provide its users with a comprehensive and cost-effective trading experience.
