Bitcoin ordinals hit Binance NFT Marketplace in latest update

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Bitcoin ordinals hit Binance NFT Marketplace in latest update
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The Binance NFT Marketplace will soon offer access to Bitcoin ordinals — aka Bitcoin NFTs.

Prior to Binance’s announcement, the cryptocurrency exchange OKX similarly announced in late April that it was bringing Bitcoin ordinals to its marketplace and wallet ecosystem. Initially, OKX users could view and store ordinals using their accounts, with the option to mint ordinals being hinted at in the future, according to Haider Rafique, the chief marketing officer at OKX.

Ordinals reach 3 million inscriptions. Source: Dunehave been on the rise in recent months. On April 2, Bitcoin ordinals reached 58,179 inscriptions — up 83.5% from the previous month. However, on May 1, the total number of Bitcoin ordinal inscriptions skyrocketed to exceed 3 million.within the crypto community, with Bitcoin maximalists criticizing them for deviating from Bitcoin’s original peer-to-peer ethos.

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