On the new platform Binance, which was officially announced, users will be able to buy, sell, and mine tokens of the BRC-20 standard, as well as other assets compatible with EVM. This information was presented in the official announcement of the cryptocurrency exchange.
The marketplace for "labels" will be available in the Web3 wallet of Binance through the platform's application. Developers claim that the innovation provides various possibilities, including:
- Buying, selling, and mining BRC-20 standard tokens, as well as other EVM coins.
- Conducting seamless transactions between the Binance platform and its cryptocurrency wallet.
- Increased transaction speed using a special accelerator for the Bitcoin (BTC) network.
It is also noted that Binance has partnered with the UniSat wallet, which supports over 60,000 BRC-20 tokens. This collaboration will provide users with access to UniSat's liquidity.
This week, the cryptocurrency exchange OKX implemented support for four different label token standards: Atomicals (ARC-20), Stamps (SRC-20), Runes, and Doginals (DRC-20).
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