The Ordinals soon on Binance NFT

The NFT marketplace of the giant Binance will take over the Ordinals. L’craze around these tokens based on Bitcoin has recently intensified.

The number 1 crypto-trading company announced this Tuesday the next support for the OrdinalsNFTs based on the Bitcoin blockchain and created with the protocol of the same name.

“The NFT Bitcoin are coming soon to our market, offering more opportunities for collectors and creators in our multi-chain ecosystem “Binance tweeted.

Binance NFT x Bitcoin Ordinals

🔶 Bitcoin NFTs are soon coming to our marketplace, offering more opportunities for collectors and creators in our multi-chain ecosystem.

Here’s everything you need to know 🧵

– Binance NFT (@TheBinanceNFT) May 9, 2023

Launched earlier this year, Ordinals has resurrected a long-standing debate in the crypto community. While the protocol still had less than a millionregistrations At the beginning of April, it counts more than 5 million today, according to data provided by Dune.

Ordinalsand its BRC-20 token format, have boosted activity on the Bitcoin network, leading to a significant increase in transaction fees and withdrawal problems at Binance in recent days.

The integration of the Bitcoin network will further elevate Binance NFT into a multi-chain open market ecosystem, where users will be able to explore and trade a wider variety of NFTs across multiple blockchains from their Binance accounts,” the crypto exchange said in a blog post, noting that its customers won’t need a separate Ordinals wallet.

Opening in the summer of 2021, Binance NFT Marketplace currently supports the networks BNB Chain, Ethereum and Polygon.

In March, the market for non-fungible tokens rival Magic Eden began allowing its users to trade Ordinals.

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