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NFT News

OKX: First platform to introduce ‘Bitcoin Ordinals’ on its Wallet & NFT marketplace

Written By:
Pawan Surya

Last updated: April 27, 2023 1:36 PM
Published April 27, 2023 1:36 PM
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Last updated: April 27, 2023 1:36 PM
Published April 27, 2023 1:36 PM
OKX Wallet Integrates Bitcoin Name Service System (BNSx)

The second largest cryptocurrency exchange by trading volume, OKX, has upgraded its OKX Wallet and OKX Non-Fungible Token (NFT) marketplace to now support ‘Bitcoin Ordinals’, Bitcoin Blockchain based NFTs. 

According to a press release, OKX Wallet users are now eligible to view and transfer bitcoin ordinals on the platform. As a result, OKX came into limelight as it became the first multi-chain marketplace to offer viewing or transferring Bitcoin Ordinals. 

In particular, OKX is developing features to enable the minting and trading of ordinals on the NFT marketplace, which is expected to come into existence soon. 

With the Bitcoin Ordinals integration, users of OKX Wallet can access new upgrade capabilities using BTC taproot addresses on a web browser extension. And soon, mobile users will also be able to access these features on the OKX mobile application. 

Instead of managing ordinals individually on bitcoin-only wallets, OKX offers users to import their wallets and view Bitcoin NFTs on one trusted and powerful multi-chain wallet.

This news comes after the launch of Bitcoin Punks NFTs on the OKX Marketplace on March 07. Thanks to this launch, users started buying Ordinals using ETH.

Haider Rafique the Chief Marketing Officer of OKX stated that, “Ordinals is an exciting development in the Bitcoin ecosystem. The OKX Wallet is designed to be the most interoperable and easy to use all-in-one crypto wallet.” Amid describing the upgrade’s features he said, “I hope this integration helps bring more people in to play with this new utility and discover new possibilities on top of Bitcoin.”

Also read: Coral CEO Credits Mad Lads for Resuscitating Solana NFTs

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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By Pawan Surya
Pawan, a technical writer and trader with 2+ years in crypto, excels in market analysis, blockchain, and research. He creates detailed, value-driven articles on diverse crypto topics.

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