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OKX Plans to Add Support for Ordinals and BRC-20 Standard | News
Cryptocurrency exchange OKX intends to add over the next two weeks new features in a phased manner that will allow users to issue and exchange Ordinals and BRC-20 tokens using a wallet from the exchange. The trading platform has previously announced the launch of a browser focused on the BRC-20 standard. Subscribe to our Telegram channel to get daily short digests about events that shape the crypto world Jason Lau, chief innovation officer at OKX, has said: «Adding support for assets like this makes sense. This will be a key element of the user experience with Web3.» However, he has acknowledged the instability of the current hype around Ordinals and BRC-20 tokens. He has explained: «There is a lot of work to be done to ensure that [growth] is sustained. One problem we are following is that there are some differences of opinion in the Bitcoin community: what this will eventually result in.» He has also talked about the Bitcoin fork: «There are rumors about a fork in the Bitcoin network. Some people don’t want that kind of activity. We are monitoring this and we believe these transactions [with BRC-20 and Ordinals] are legitimate. They comply with the rules and conditions of the network, and there is nothing wrong with them.»