How to Inscribe BRC-20 on OKX
Inscribe BRC-20 with OKX
In the Ethereum ecosystem, the term we use for creating NFTs is “mint,” meaning “to forge.” However, in the Bitcoin ecosystem, there is a unique term for creating NFTs called “inscribe,” which translates to “engrave.” The resulting item is called an “inscription.” When people in the community talk about creating NFTs, they often use the phrase “inscribe an inscription.” For example, when someone asks, “What are you inscribing today?” they’re asking about what NFT is being created. Of course, if you’re more comfortable using the term “mint,” that’s also perfectly fine.
So, how do you inscribe an inscription?
You need three things: Bitcoin, OKX Web3 Wallet, and an inscribing platform.
There are currently multiple platforms being used in the Bitcoin ecosystem for inscribing. Since OKX is one of the most popular at the moment, we will tutorial you on “How to Inscribe BRC-20 Using the OKX Platform”.
OKX currently offers four options for inscription: BRC-20, Image, and Text.
Inscribe BRC-20
Step 1: Visit the OKX Inscribe Page
Step 2: Fill in the form to inscribe BRC-20:
- Tick: 4 letter identifier of the BRC-20
- Total supply: Set Max Supply of the BRC-20
- Limit Per Mint: If letting users mint to themsleves, Limit Per Ordinal
Step 3: Check that it matches the form you filled in. If it is correct, click “Confirm“.
{“p”:”brc-20″,”op”:”deploy”,”tick”:”ON-1″,”max”:”21000000″,”lim”:”1000″}
or
{
“p”:”brc-20″,
“op”:”deploy”,
“tick”:”ON-1″,
“max”:”21000000″,
“lim”:”1000″
}
- p: Helps other systems identify and process BRC-20 events
- op: Type of event (Deploy, Mint, Transfer)
- tick: 4 letter identifier of the BRC-20
- max: Set Max Supply of the BRC-20
- lim: If letting users mint to themsleves, Limit Per Ordinal
Step 4: Confirm Transaction
NOTE: Transcation confirmation takes a minimum of 10-20 minutes.
After 10-20 minutes, you can view the BRC-20 token you inscribed on the homepage of your wallet.
Incribing Bitcoin Ordinals with OKX is a straightforward process that involves connecting your wallet, filling out the required form, and paying the network fee. By following the steps outlined—visiting the OKX platform, configuring your BRC-20 token details, and confirming the transaction—you can successfully inscribe a new token. After a brief wait for transaction confirmation, you can view your inscribed token in the “Collectibles” section of your wallet. This method offers a user-friendly way to engage with Bitcoin NFTs, leveraging OKX’s popular platform for efficient and effective inscribing.