How do I buy and sell BRC-20 tokens? (app)

BRC20 is an experimental format standard for issuing fungible tokens on the Bitcoin network. The main difference between BRC20 and ERC20 lies in the fact that the Bitcoin network does not support smart contracts.

Instead, BRC20 accomplishes token contract deployment, minting, and transfer by utilizing the Ordinals protocol, which sets inscriptions in JSON data format. In other words, developers can create and issue fungible tokens using the Ordinals protocol.

List/Sell BRC-20 tokens on OKX Ordinals Market

1. Open your OKX App, select Wallet

2. Go to Marketplace, select Ordinals

   

   Opening Ordinals Market page

3. Select your preferred BRC20 token in the BRC-20 section and select List for sale

   

   Select List for sale to list/sell the token

4. If you have no assets, you can select Inscribe transfer

5. Enter the amount you want to inscribe and select Next

6. Select Confirm once you make sure all the information is accurate

7. You can select the inscription once it reaches 3 blocks of confirmation and select List of sale

   

   Select your desired inscription to list/sell the token

8. Enter your preferred price for the inscription in the Set price field and select List

9. Select Confirm listing once you make sure all the information is accurate

Buy BRC-20 tokens on OKX Ordinals Market

1. Open your OKX App, select Wallet

2. Go to Marketplace, select Ordinals

   

   Opening Ordinals Market page

3. Select your preferred BRC20 token in the BRC-20 section

4. Select your preferred inscription amount and select Buy

   

   Select Buy to purchase the inscription amount that matches your desired price

5. Select your preferred Wallet in the Pay with field once you make sure all the information is accurate

   

   Select the wallet that you want to complete the purchase

6. Select Confirm to complete the action