Binance NFT to Support Bitcoin Ordinals
Binance announced that its NFT marketplace will soon support Bitcoin Ordinals, allowing users to trade and collect NFTs inscribed directly on the Bitcoin blockchain. The integration is expected later this month as part of Binance’s ongoing effort to expand its multi-chain ecosystem.
Ordinals enable users to embed images, videos, and text onto satoshis, the smallest unit of Bitcoin, thanks to the Taproot soft fork. Since launching in January 2023, Ordinals have surged in popularity, with more than three million inscriptions recorded and daily Bitcoin transactions nearing all-time highs.
Seamless Trading Experience for Users
Once integrated, Binance users will be able to purchase and trade Bitcoin Ordinals directly through their Binance accounts—without requiring a separate wallet for inscriptions. The company emphasized that this development will deliver a simple and secure trading process within its NFT ecosystem.
Mayur Kamat, Head of Product at Binance, stated:
“Bitcoin is the OG of crypto. We’re excited to bring Bitcoin Ordinals to Binance NFT and believe this is just the beginning of what’s possible for digital collectibles on the Bitcoin network.”
Creator Incentives and Royalty Support
In addition to Bitcoin Ordinal trading, Binance will introduce royalty support and additional monetization options for creators. The platform also plans to collaborate with Ordinal creators for special projects and events, offering exclusive perks such as airdrops and whitelist opportunities for registered participants.
The Binance NFT marketplace currently supports Ethereum, BNB Chain, and Polygon. With Bitcoin Ordinals joining the lineup, Binance strengthens its position as a cross-chain hub for digital art and innovation.
