OKX announced yesterday that it has become the first platform to support four new token standards: ARC-20, SRC-20, Runes, and DRC-20. These four token standards will soon be integrated into the OKX Web3 wallet and will be integrated into the OKX Marketplace at the end of February, making OKX the leading one-stop token ecosystem in the Web3 industry.
The OKX Web3 wallet will first integrate the Bitcoin token standard SRC-20 on February 5, allowing users to view and transfer these tokens. ARC-20, DRC-20, and Runes will also be integrated into the OKX Marketplace in the coming weeks. With the integration of these token standards, OKX will become the most advanced one-stop token ecosystem in the Web3 industry.
Currently, the token tool of the OKX Web3 wallet supports token forging on 23 networks, including Bitcoin, Dogecoin, Ethereum, Polygon, BNB Chain, Avalanche-C, Arbitrum One, and many others. These enhanced features will make the OKX Marketplace the largest token market in the industry, allowing users to trade for free within the expanding world of token standards.
OKX’s token products are the most advanced in the industry, with hexadecimal error checking, cross-chain liquidity, batch token forging, and automatic error detection. This cross-chain, zero-fee trading experience enables everyday users on major blockchains to unlock the potential of tokens and helps drive the adoption and growth of Web3.
Jason Lau, Chief Innovation Officer of OKX, said, “OKX is committed to promoting the mainstream adoption of advanced Web3 technologies, and our new token ecosystem demonstrates our commitment to this mission. OKX allows users to easily buy, create, and trade leading tokens on one platform without transaction fees. This simplifies and eliminates barriers to access tokens, allowing users to explore and realize the potential of this technology.”
For more information on token forging and trading, please visit okx.com/activities/inscriptionsmarket.
About OKX:
OKX is a leading technology company dedicated to building the future of Web3. OKX has developed a virtual asset application that combines speed and reliability, which is favored by over 50 million global investors and professional traders.
OKX’s industry-leading self-custody solutions include the OKX Web3 wallet service, which allows users to have control over their own virtual assets while exploring DEX, NFT markets, DeFi, GameFi, and thousands of dApps.
OKX collaborates closely with world-class brands and athletes, including Manchester City F.C., McLaren F1 Team, Tribeca Festival, golfer Ian Poulter, Olympic snowboarder Scotty James, and F1 driver Daniel Ricciardo.
OKX is committed to transparency and security and publishes its reserve proof report monthly.
For more information about OKX, please download our app or visit okx.com.
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Disclaimer:
This announcement is for reference only. It does not intend to provide any investment, tax, or legal advice and should not be considered as an offer to buy, sell, or hold virtual assets. Holding virtual assets, including stablecoins, carries higher risks, and market volatility may be significant, and you may even lose the entire value of your assets. You should carefully consider whether you are suitable for trading or holding virtual assets based on your financial situation and risk tolerance. OKX does not provide any investment or asset advice. You are solely responsible for the investment decisions you make, and OKX does not assume any responsibility for any losses. Past performance does not guarantee future results. If you have any specific questions about your own situation, please consult your legal/tax/investment experts.
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Advertorial disclaimer: This content is a promotional article provided by the contributor and has no relationship with OKX. This article also does not represent the position of OKX. This article does not intend to provide any investment, asset advice, or legal opinions and should not be considered as an offer to buy, sell, or hold assets. Any services, programs, or tools mentioned in the promotional article are for reference only, and the final actual content or rules shall be subject to the announcement or explanation by the contributor. OKX does not assume any responsibility for any risks or losses that may exist and reminds readers to carefully verify before making any decisions or actions.