Bitcoin Ordinals News: Binance, the world’s biggest crypto exchange on Tuesday announced that its non-Fungible Token (NFT) Marketplace will soon support Bitcoin Ordinals (Bitcoin NFTs). Binance’s move to add Bitcoin NFTs is expected to broaden its NFT ecosystem and increase options for traders.
Also Read: Shiba Inu Burn Rate Spikes 13000% Amid Pepe Coin Frenzy
Can Bitcoin Ordinals Change NFTs Game?
According to the announcement, the Binance NFT ecosystem is incorporating Bitcoin culture and innovative tech, while offering collectors more scope. It added that Bitcoin NFT creators will be offered royalty support which will eventually help them to generate additional extra revenue.
However, Binance is actively seeking to collaborate with more NFT projects while aiming to support the growth and evolution of the Bitcoin Ordinals ecosystem. It added that Users can participate in a special registration event scheduled from May 9 to May 15. This hints that Bitcoin NFTs might be launched in the second half of May.
Also Read: SBF Attempts To Flee 10 Of 13 Criminal Charges In FTX Case
Bitcoin Ordinals were launched in January 2023, it is explained as a way of creating Bitcoin NFTs by fixing data to satoshis on the BTC blockchain.
