In the cryptocurrency space, an inscription is a piece of information attached or "engraved" onto the BTC's smallest unit, the "Satoshi". Inscriptions have been gaining popularity since they expanded the use cases of the Bitcoin blockchain through the Bitcoin Ordinals protocol. Essentially, inscriptions can represent different types of information on the blockchain, including text, video, and images.
The BRC-20 token is an example of an inscription. Essentially, BRC-20 is an experimental token standard that allows users to transfer fungible tokens on the Bitcoin blockchain through the Ordinals protocol. Every token created using the BRC-20 standard is an inscription on a Satoshi.
The Binance Inscription Market is a platform within the Binance Web3 wallet. It provides an interface for users to trade multiple inscriptions, including BRC-20 tokens and EVM-compatible tokens. The Binance Inscription Market allows users to easily interact with all of their inscriptions in a single interface, simplifying the process of handling assets.
Users can also mint, deploy, and transfer their tokens in the token center with just a few clicks. The Binance token market is feature-rich, allowing users to easily manage and interact with their tokens.