BRC-20 is an experimental format standard for issuing homogeneous tokens on the Bitcoin network. The main difference between BRC-20 and ERC-20 is that Bitcoin networks do not support smart contracts
BRC-20 is an experimental format standard for issuing homogeneous tokens on the Bitcoin network. The main difference between BRC-20 and ERC-20 is that Bitcoin networks do not support smart contracts. It deploys token contracts, mints, and transfers tokens by using the Ordinals protocol to set inscriptions to JSON data format. This means that developers can create and issue homogeneous tokens through the Ordinals protocol.
How to create a BTC wallet?
[1] Open OKXApp, switch to Web3 wallet, select I don't have a wallet> Keyless wallet
[2] Click to enable immediately
[3] Enter the account and password of the OKX exchange. If you have already logged in, there is no need for this step, and then click Create
[4] Click on Backup Wallet> Enter password to complete backup
How to import a BTC wallet?
If you already have a BTC wallet, you can directly import mnemonics or private keys into the OKXWeb3 wallet.
[2] Select Import Wallet> Mnemonic words or private keys, complete import
How to view and switch your BTC address?
Click on BTC on the wallet homepage to enter the BTC details page, and then click on the switch icon in the upper right corner to view your BTC address. By default, the Taprot address is displayed, and you can also click to switch between traditional address (Legacy), isolation witness compatible address (NestedSegWit), or native isolation witness address (NativeSegWit).
How can I view the BRC-20 assets in my wallet?
Click on Currency Management, search for currency, and click+. Return to the homepage and you will see your BRC-20 assets. Click on a BRC-20 asset to enter the currency details page and view its historical transaction records.
Click to trade, support quick listing of inscriptions, or enter the Ordinals market to purchase corresponding BRC-20 assets.
How can I send my BRC-20 assets?
Click on a BRC-20 asset to enter the currency details page, click Send, select the inscription you want to send, click OK, enter the address, and complete the transfer.
Or remove the inscription before transferring it. Click+to engrave, enter the quantity you want to engrave (not greater than the available balance), and click Next to complete the engrave.
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