Okx said it will add support for four inscription token standards to its Web3 wallet in early and late February. The Web3 company said adding the Inscription standard to its Web3 wallet and marketplace will help Okx drive Web3 adoption and power its next phase of growth.
Driving Web3 adoption
Web3 technology company Okx announced on January 29 that it will launch support for four new inscription token standards on its platform. Support begins on February 5th for Bitcoin Token Standard and Stamp (SRC-20), with support for Atomic (ARC-20), Loon, and Dogecoin’s Doginal (DRC-20) later that month. no see.
According to the statement, Okx will add the DRC-20, ARC-20 and Runes standards to its marketplace at the end of February, allowing users to trade these inscriptions without commission. The Web3 company said its ultimate goal is to drive Web3 adoption and power its next phase of growth.
Commenting on the addition of the new inscription standard, which makes Okx one of the leading one-stop inscription ecosystems in Web3, Okx Chief Technology Officer Jason Lau said:
“Okx is committed to mainstreaming adoption of the cutting-edge technology of Web3, and the new Inscription ecosystem is evidence of our commitment to this mission. By enabling users to easily buy, sell, create and trade major token standards on one platform with no transaction fees, Okx simplifies access and removes barriers, allowing users to explore and realize the potential of Inscription.”
According to the statement, the Okx wallet’s inscription tool already supports creating inscriptions on 23 networks, including Bitcoin, Dogecoin, Ethereum, Polygon, BNB Chain, Avalanche-C, and Arbitrum One. Additionally, the Web3 company’s inscription service is known to be the most advanced in the industry, with fluidity across multiple inscription standards.
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Source: Bitcoin.com