We’re excited to bring new inscription token standards to everyone #OKXWallet & our marketplace.
Our CIO @jasonklau explains why we go ALL IN on inscriptions ⤵https://t.co/NeXp5qonJ5
— OKX (@okx) January 29, 2024
Inscriptions have become popular, especially among Asian users, increasing activity on OKX. Consequently, the platform now supports storing, viewing, buying and selling these early inscriptions in their self-custodial Web3 wallet.
Despite criticism, demand for inscriptions is increasing. OKX has expanded its user base from hundreds to over 100,000 users. The tool supports inscription creation on 23 networks, demonstrating the ecosystem’s commitment to digital asset management.
The timing of the rollout aligns with the increasing popularity of these protocols and reflects OKX’s commitment to innovation and user empowerment in the Web3 space.
Early indications of subscription activity on other UTXO chains further demonstrate the platform’s strategic approach to meeting the needs of the crypto community.