How do I buy and sell BRC-20 tokens? (app)

BRC20 is an experimental format standard for issuing fungible tokens on the Bitcoin network. The main difference between BRC20 and ERC20 lies in the fact that the Bitcoin network does not support smart contracts.

Instead, BRC20 accomplishes token contract deployment, minting, and transfer by utilizing the Ordinals protocol, which sets inscriptions in JSON data format. In other words, developers can create and issue fungible tokens using the Ordinals protocol.

How do I list/sell BRC-20 tokens on OKX Ordinals Market?

1. Open your OKX App, select Web3

2. Go to More, select NFT > Inscriptions

   

   Go to More to select NFT

3. Select your preferred BRC20 token and select List

4. If you have no assets, you can select Inscribe transfer

5. Enter the amount you want to inscribe and select Next

6. Select Confirm once you make sure all the information is accurate

7. You can select the inscription once it reaches 3 blocks of confirmation and select List for sale

   

   Select the inscription you want to list/sell the token

8. Enter your preferred price for the inscription in the Set price field and select List

9. Select Confirm listing once you make sure all the information is accurate

How do I buy BRC-20 tokens on OKX Ordinals Market?

1. Open your OKX App, select Web3

2. Go to More, select NFT > Inscriptions

   

   Opening Ordinals Market page

3. Select your preferred BRC20 token and select Buy/Sweep

   

   Select Buy to purchase the inscription amount that matches your desired price

4. Select Confirm to complete the action once you check the fees and price

How do I modify the token's logo?

To update the BRC-20 inscription logo, you must meet the following conditions:

• The social media account operator must initiate a poll on Twitter or Weibo and obtain at least 100 affirmative votes from users.

• Please contact official support with this screenshot of poll results and a circular PNG logo file to complete the modification of token's logo.

Once you have the required information, please submit your application via this link. The review process is expected to take about one month. Please refer to the token page for the final outcome.

Note: OKX Wallet reserves the right of final interpretation for this activity.