Binance Wallet announces support for Bitcoin Atomical ARC-20 assets
The Atomicals protocol provides a transparent, secure record of ownership and history for Bitcoin NFTs.
Crypto exchange Binance has integrated Bitcoin ARC-20 atomical assets into its native Web3 wallet through its Inscriptions Marketplace.
“ARC-20 is a token standard that makes it possible to create fungible tokens that can be held and transferred on the Bitcoin blockchain,” Binance staff wrote on May 2. “To celebrate this new integration, we’re offering zero-fee trading on ARC-20 tokens until June 2, 2024.”
Invented in January, the Atomicals protocol, mirrored after Ethereum’s ERC-20 standard, allows for the minting, transferring and updating of nonfungible tokens (NFTs) on the Bitcoin blockchain.
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