How do I buy and sell BRC-20 tokens? (app)
BRC20 is an experimental format standard for issuing fungible tokens on the Bitcoin network. The main difference between BRC20 and ERC20 lies in the fact that the Bitcoin network does not support smart contracts.
Instead, BRC20 accomplishes token contract deployment, minting, and transfer by utilizing the Ordinals protocol, which sets inscriptions in JSON data format. In other words, developers can create and issue fungible tokens using the Ordinals protocol.
List/Sell BRC-20 tokens on OKX Ordinals Market
Open your OKX App, select Wallet
Go to Marketplace, select Ordinals
Opening Ordinals Market page
Select your preferred BRC20 token in the BRC-20 section and select List for sale
Select List for sale to list/sell the token
If you have no assets, you can select Inscribe transfer
Enter the amount you want to inscribe and select Next
Select Confirm once you make sure all the information is accurate
You can select the inscription once it reaches 3 blocks of confirmation and select List of sale
Select your desired inscription to list/sell the token
Enter your preferred price for the inscription in the Set price field and select List
Select Confirm listing once you make sure all the information is accurate
Buy BRC-20 tokens on OKX Ordinals Market
Open your OKX App, select Wallet
Go to Marketplace, select Ordinals
Opening Ordinals Market page
Select your preferred BRC20 token in the BRC-20 section
Select your preferred inscription amount and select Buy
Select Buy to purchase the inscription amount that matches your desired price
Select your preferred Wallet in the Pay with field once you make sure all the information is accurate
Select the wallet that you want to complete the purchase
Select Confirm to complete the action
