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Binance Expands Inscription Marketplace with ARC-20 Token Support and Beyond

Binance Expands Inscription Marketplace with ARC-20 Token Support and Beyond
Binance Expands Inscription Marketplace with ARC-20 Token Support and Beyond

Binance Enhances Inscription Marketplace with ARC-20 Token Support

Binance, a leading cryptocurrency exchange, has integrated Atomicals (ARC-20) tokens into its Inscription Marketplace. This expansion broadens the marketplace's reach, which already supports BRC-20 and EVM tokens.

ARC-20 tokens, built on the Atomicals Protocol on Bitcoin, represent a new standard for fungible tokens. Binance users can now trade and transfer ARC-20 tokens on the Inscription Marketplace, leveraging the platform's robust features and user-friendly interface.

Simplified Investment through UTXO Marking

To streamline user experience, Binance has introduced a feature that allows manual marking of Bitcoin Unspent Transaction Outputs (UTXOs). This enables users to focus on their investment choices without grappling with technical complexities.

Integrated Web3 Wallet and Taproot Address Support

The Binance Inscription Marketplace is hosted within the Binance Web3 Wallet, a self-custody wallet integrated into the Binance app. This development is further enhanced by support for BTC Taproot addresses, providing users with the flexibility to choose between Taproot or Native SegWit addresses for Bitcoin transactions.

Partnership with Atomicals Market

Binance's partnership with Atomicals Market, the leading ARC-20 token marketplace, marks a significant step forward in making ARC-20 tokens accessible to the crypto community. It opens up new opportunities for both Atomicals Market and Binance users.

Free Trading Incentive

To celebrate the launch of ARC-20 token trading, Binance is offering zero trading fees for these tokens on the Inscription Marketplace from April 3 to June 2, 2024. This incentive aims to encourage users to explore ARC-20 tokens and contribute to the Binance ecosystem.

Binance's integration of ARC-20 tokens demonstrates its commitment to innovation and responsiveness to user needs. By providing a seamless trading experience for ARC-20 tokens, Binance remains at the forefront of crypto market trends.

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