SINGAPORE, April 20,
2024 /PRNewswire/ -- OKX, a leading Web3 technology
company, today announced that it now supports deposits and
withdrawals of ORDI and SATS tokens on the Merlin Chain. This integration expands the range
of networks available to OKX users for managing these key Web3
assets.
ORDI is the native token of the Ordinals protocol, which enables
the creation of Bitcoin-based NFTs directly on the
Bitcoin blockchain. Each ORDI token represents a
specific Ordinal inscription. By supporting ORDI, OKX allows users
to trade and store these unique digital assets.
SATS, short for Satoshis, are the smallest denomination of a
Bitcoin. One Bitcoin comprises 100
million SATS. Transacting in SATS offers greater precision and
accessibility for users dealing with fractional amounts of BTC.
Merlin Chain is a Layer 1
blockchain focused on providing infrastructure for Web3
applications. It offers high throughput, fast confirmation times,
and low fees, making it an attractive option for exchanges and
users alike.
By integrating ORDI and SATS support on Merlin Chain, OKX provides its users with more
flexibility in how they deposit, withdraw and trade these assets.
Users can take advantage of Merlin
Chain's efficient blockchain architecture to access ORDI and
SATS markets on OKX.
This addition reflects OKX's continued commitment to offering
the most comprehensive suite of Web3 services in the industry. As
leading assets like ORDI and SATS evolve across multiple chains,
OKX ensures its users can seamlessly engage with them in one
integrated platform.
About OKX
A leading global technology company driving
the future of Web3, OKX provides a comprehensive suite of
products to meet the needs of beginners and experts alike,
including:
- OKX Wallet: The world's most powerful, secure and versatile
crypto wallet which gives users access to over 80
blockchains while allowing them to take custody of their own funds.
The wallet includes MPC technology which allows users to easily
recover access to their wallet independently, removing the need for
traditional, 'written down' seed phrases. In addition, OKX Wallet's
account abstraction-powered Smart Account enables users to
pay for transactions on multiple blockchains using USDC or USDT,
and interact with multiple contracts via a single transaction.
- DEX: A multi-chain, cross-chain decentralized
exchange aggregator of 300+ other DEXs and approximately 15
bridges, with 200,000+ coins and more than 20 blockchains
supported.
- NFT Marketplace: A multi-chain, zero-fee NFT marketplace that
gives users access to NFT listings across seven top-tier
marketplaces including OpenSea, MagicEden, LooksRare and Blur.
- Web3 DeFi: A powerful DeFi platform
that supports earning and staking on about 70 protocols across more
than 10 chains.
OKX partners with a number of the world's top brands and
athletes, including English Premier League champions Manchester
City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty
James, and F1 driver Daniel
Ricciardo.
As a leader building innovative technology products, OKX
believes in challenging the status quo. The company recently
launched a global brand campaign entitled, The System Needs a
Rewrite, which advocates for a new paradigm led by Web3
self-managed technology.
To learn more about OKX, download our app or
visit: okx.com
Disclaimer
View original content to download
multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-now-supports-ordi-and-sats-on-merlin-chain-302122649.html
SOURCE OKX