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OKX Upgrades Wallet and NFT Marketplace to Support Bitcoin Ordinals, Becomes First Multi-Chain Platform to Do So

Cointime Official

OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, has upgraded its OKX Wallet and NFT Marketplace to allow users to view and transfer Bitcoin (BTC) ordinals, making OKX the first multi-chain platform to support this capability.

OKX Wallet now supports BTC taproot addresses on the browser extension and soon mobile, which provides access to ordinal capabilities. This upgrade allows OKX users to conveniently import their BTC wallets and view their Bitcoin ordinals through one powerful and multi-chain wallet, as opposed to managing them separately via a Bitcoin-only wallet.

This announcement follows the launch of Bitcoin Punks NFTs on the OKX NFT Marketplace on March 7, which enabled users to buy ordinals with ETH. Mint and trade functionality for ordinals on the OKX NFT Marketplace is coming soon, which will allow users to create, buy and sell ordinals on the platform.

Haider Rafique, the Chief Marketing Officer of OKEx, stated that the integration of ordinals is an exciting development in the Bitcoin ecosystem. OKEx Wallet is designed to be the most interoperable and user-friendly all-in-one crypto wallet, so the company had to act quickly to welcome the ordinals community and provide an easy way to store, manage, and soon mint ordinals within their wallet services. Rafique hopes that this integration will attract more people to explore the new utility and discover new possibilities on top of Bitcoin. Meanwhile, Jason Lau, the Chief Innovation Officer of OKEx, expressed excitement to deliver a seamless experience for users to view and interact with their NFTs across different chains. Lau added that adding support for BTC Taproot addresses will enable cheaper and more compatible transactions for OKEx Wallet users. The company looks forward to seeing the growth of the Bitcoin ecosystem and adding more features in the future.

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