OKX, one of the world’s biggest cryptocurrency exchanges, has once again shown its commitment to Bitcoin by listing the ORDI token. As a BRC-20 token, ORDI is built on the Ordinals protocol and has a market cap of over $272 million according to CoinMarketCap. The listing is significant as it shows support for Ordinals and BRC-20 tokens, offering investors access to a centralized platform that alleviates problems associated with decentralized exchanges.
OKX Lists Premier BRC-20 Token ORDI
The listing of ORDI comes after much anticipation and is seen as a major milestone for Bitcoin Ordinals. OKX is one of the first exchanges to list ORDI, which was originally launched as a meme coin in March. Other exchanges that have listed ORDI recently include Bitget and Gate.io. At the time of writing, ORDI is valued at $12.87 with a 0.5% decline over the past hour.
OKX Continues to Support BRC-20 Tokens
OKX has been a vocal supporter of BRC-20 tokens since their inception, and the ORDI listing is just one example of this commitment. BRC-20 tokens are built and deployed on the Bitcoin blockchain using the Ordinals protocol and have seen significant adoption despite being an experiment. The OKX Wallet was the first multi-chain wallet to allow users to view and transfer Bitcoin ordinals, and the exchange also launched an Ordinals Marketplace to support BRC-20 trading. Other popular BRC-20 tokens include PIZA, VMPX, PEPE, and DOMO.
Jason Lau, Chief Innovation Officer at OKX, said, “This addition also shows our long-standing commitment towards the growth of the wider Bitcoin ecosystem.”
-Featured Image: OKX.