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ORDI Surges by 630%, Surpasses $1 Billion: ORDI, one of the most recognized BRC-20 tokens built on the Bitcoin blockchain, caught attention by soaring over 630% in the past month, surpassing $50. As of yesterday, ORDI marked a record among BRC-20 tokens by surpassing a $1 billion market cap for the first time, riding on the appreciation of Bitcoin.

Other BRC-20 Tokens on the Move: The impressive surge in ORDI triggered speculative movements in other BRC-20 tokens. While RATS declined due to volume figures on the Gate.io exchange, tokens like SHIB and PEPE experienced significant increases. These two tokens, apart from their name similarity to original assets on the Ethereum chain, have no other connection.

Surges in the Last 24 Hours: Beyond ORDI, other BRC-20 tokens are witnessing notable surges. Token named DOMO surged by over 500%, SHIB (BRC-20) by over 800%, NALS by 100%, and PIZA by over 200%.

While these rapid surges stir excitement in the crypto world, investors and experts are closely monitoring future developments. These dynamic changes in the cryptocurrency market could present new opportunities for investors.

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The post The Big Hype in BRC-20 Tokens! appeared first on Coin Engineer.

How To Buy BRC-20 Token?

The main way to buy BRC-20 tokens is through the Unisat Wallet application and extension. Unisat Wallet is the first open-source wallet for Ordinals that enables the Bitcoin network. We will use this wallet to buy BRC-20 Tokens. First of all, we should download the application or extension on our devices. We will continue to talk about this over extension type. 

You can download the extension using Google Chrome Web Store. After that, you must set it as a normal cryptocurrency wallet like Metamask, Phantom, Keplr, etc. If you don’t have a Metamask wallet or any more, you can interact with the link below.

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We must click the “Create a new wallet” button. After that, the wallet will present our new screen. In this screen, we will see 12 phrases. We definitely should take these phrases as a note. Because if our device has a problem, we can keep our assets using them. In step 1 we must do them.

After completion of the phase, we will set network addresses, which we will use for trading, swapping in the Bitcoin network. There are available 4 types of network addresses. They are Native Segwit, Nested Segwit, Taproot, Legacy. The most important address is Taproot. Because we will use the address type for deposit and withdraw produces. Especially, if we want to deposit Bitcoin from CEXes, we must use only this address.

You don’t have to choose a custom HdPath and Phrase. You already had a new Bitcoin Wallet and you already were the network user. Congratulations!

We will face a new interface after setting the wallet. In there, we can deposit Bitcoin using the “Buy” button. At the same time, we can send BTC to other addresses and receive from them. We are saying again that you should use the Taproot address when depositing from CEXes. If you select the Segwit address, you must send your assets to Taprrot again. Because right now trading is enabled with that.

How To Use Unisat Marketplace?

You must click the second button below. In there, you will face 4 types of BRC-20 NFTs: Image, text, video, and audio. You can buy them using your BTCs. But the NFTs are selling using sats (satoshi).

How to Deposit Crypto on Unisat Wallet?

You can deposit crypto using any CEX (centralized exchanges) like Binance, OKX, Kucoin, Gate.io, etc. If you don’t have an account, you can click these exchange names. At the same time, you will get a %20 discount for paying fees as a special for CoinEngineer users. We will give an example of Binance. After creating a Binance account we will use our wallet in there. It is available with the “Withdraw” button. We will paste our Taproot address on there and choose BTC as a coin. After a minimum of 15-20 minutes assets will be on Unisat Wallet.

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The post How To Buy BRC-20 Token? appeared first on Coin Engineer.