Key Points
- Binance Inscription Marketplace begins supporting ARC-20 tokens, expanding its asset offerings.
- The marketplace has partnered with Atomicals Market to provide fee-free trading of ARC-20 tokens for a limited period.
Binance Marketplace Expands to Include ARC-20 Tokens
Binance Inscription Marketplace has announced the addition of ARC-20 tokens to its platform as of April 3.
The ARC-20 token is a fungible token standard built on the Atomicals Protocol which operates on the Bitcoin blockchain.
The Atomicals Market, the largest marketplace for ARC-20 tokens, is also supported by the platform.
Enhanced Trading Opportunities and Promotions
This development allows users to transfer and trade ARC-20 tokens on the Binance Inscription Marketplace.
With the addition of ARC-20 tokens, the marketplace now supports a wide range of inscription assets, including BRC-20 and EVM.
The platform has also incorporated a feature that allows users to manually mark Bitcoin Unspent Transaction Outputs (UTXOs), enhancing the user experience on the Bitcoin blockchain.
Sherrine Tan, Binance Product Marketing Lead, stated that the decision to support ARC-20 tokens trading is a direct response to user interests and unlocks a realm of opportunities.
About the Binance Inscriptions Marketplace
The Binance Inscriptions Marketplace is located within the self-custody Binance Web3 Wallet.
It provides users with a platform for purchasing, selling, and minting a diverse array of inscription tokens.
The marketplace leverages the API of Atomicals Market to enable users to explore the world of ARC-20 tokens and the Atomicals Protocol.
In addition, Binance has partnered with Atomicals Market to offer zero service fees for the trading of ARC-20 tokens on the Binance Inscriptions Marketplace for a limited period, from April 3 to June 2, 2024.
