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Binance to add support for Bitcoin Ordinals on its NFT marketplace

Binance to add support for Bitcoin Ordinals on its NFT marketplace

Crypto exchange Binance анонсировала интеграцию Bitcoin Ordinals со своим NFT-маркетплейсом в конце мая.

Currently the невзаимозаменяемых токенов trading platform supports three networks — BNB Chain, Ethereum and Polygon.

According to the company, the Bitcoin-based solution ‘offers unique and innovative opportunities for creating NFTs’.

Alongside Ordinals, the exchange will also add a feature to purchase tokens directly through a Binance account, removing the need for a separate wallet.

For creators, the platform has proposed a royalty programme, and company representatives announced a search for ‘high‑quality NFT projects’ for collaboration.

The exchange opened pre-registration for users, guaranteeing a spot on the whitelist for the initial sale of tokens and offering the chance to receive a thematic airdrop. Applications can be submitted from May 9 to May 15.

According to the dashboard data from @dgtl_assets on Dune Analytics, at the time of writing 5,010,014 Bitcoin-NFTs had been issued. 996 BTC (about $27.6 million) had been spent on their issuance in fees.

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Number of Ordinals issued. Data: Dune.

In early May, amid a surge in Ordinals activity, the daily number of transactions on the Bitcoin network reached a historic high at 685,711.

Later, Binance twice halted Bitcoin withdrawals due to network congestion. Some in the community speculated the situation could have been caused by Bitcoin-NFTs. Following the incident, the platform pledged to integrate the Lightning Network to speed up transactions.

Earlier ForkLog reported the suspension of the UniSat wallet for Ordinals.

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