How to Manage BRC-20 Assets in My Binance Web3 Wallet?

BRC-20 is an experimental format standard for issuing fungible tokens on the Bitcoin network. It utilizes the Ordinals protocol for token contract deployment, minting, and transfer, which sets inscriptions in JSON data format. In other words, developers can create and issue fungible tokens using the Ordinals protocol.

Binance Inscriptions Marketplace is a one-stop solution that enables users to trade and inscribe a wide range of inscription tokens on their Binance Web3 Wallet.

Follow the instructions in How to Manage My Binance Web3 Wallet to create a Web3 Wallet.

Please note that Binance Inscriptions Marketplace only supports Binance app version 2.78 and above.

Please backup your wallet to a self-custody wallet first if you’re using a semi-custody wallet.

Log in to your Binance app and go to [Wallets] - [Web3]. You’ll see Inscriptions Marketplace under the [Discover] tab.

1. Go to the Inscriptions Marketplace. Under the [BRC-20] tab, search for or select a BRC-20 token from the trend list. For example, ordi. You may change the time period to view the trending tokens.

2. Select an inscription and tap [Buy].

3. Select the wallet to pay. Check the order details carefully before tapping [Confirm].

Log in to your Binance app and go to [Wallets] - [Web3]. Under [Assets], select the token you would like to send or receive.

Send a token

1. To send a token, tap [Send].

2. Enter the recipient’s address.

Please select the correct network for the address. If you send via a wrong network, your funds might be lost and cannot be recovered.

3. You can use your available balance to inscribe a transferable amount. Tap [Continue] to proceed.

4. Check the order details carefully before tapping [Confirm].

Receive a token

Under [Assets]

1. To receive an BRC-20 asset, tap [Receive].

2. Choose the token you wish to receive and you’ll see a QR code and the token address. Share it with your sender to receive tokens.

Under Inscriptions Marketplace

1. Select or search for the token you would like to receive. Tap the receive icon.

2. You’ll see a QR code and the token address. Share it with your sender to receive tokens.

Under [Assets]

1. Go to [Wallets] - [Web3]. Under [Assets], select the token you would like to list/sell. For example, sats.

2. To list/sell an BRC-20 asset, tap [Trade].

3. Tap [List for Sale].

4. If you don’t have any transferable assets, you can use your available balance to inscribe transferable inscriptions. You can then enter the amount to inscribe, select a transferable inscription, and tap [List for Sale].

5. Enter the set price and total price. Tap [List].

6. Check the order details carefully before tapping [Confirm].

Under Inscriptions Marketplace

1. Go to the Inscriptions Marketplace and find the BRC-20 token you wish to list or sell. For example, ordi.

2. Tap [List for sale].

3. If you don’t have any transferable assets, you can use your available balance to inscribe transferable inscriptions. After transferable inscriptions have been transferred, you can enter the amount to inscribe, select a transferable inscription, and tap [List for Sale].

4. Enter the set price and total price. Tap [List].

5. Check the order details carefully before tapping [Confirm].

1. Log in to your Binance app and go to [Wallets] - [Web3]. Go to [Inscriptions Marketplace]. Select a token, for example, ordi.

2. Go to the [My Orders] tab. Tap on the order you’d like to delist and tap [Cancel Listing].

3. Check the delisting summary carefully before tapping [Confirm].

Please note that you must have a sufficient BTC balance to inscribe BRC-20 tokens. For more details, please visit How to Send and Receive Tokens on Binance Web3 Wallet?.

Log in to your Binance app and go to [Wallets] - [Web3]. Go to [Inscriptions Marketplace] and tap [Inscription Center]. Select the BTC network you’d like to use to inscribe BRC-20 tokens.

To Mint

1. Go to the [Mint] tab, enter the 4-digit ticker of your BRC-20 token and the amount you want mint. Then, select a preferred minting frequency and tap [Next].

2. Check the minting summary carefully before tapping [Confirm].

3. Your BRC-20 token will be minted. You can add it to your crypto list.

To Deploy

1. Go to the [Deploy] tab and enter the 4-digit ticker. Then, enter the total supply and limit per mint.

2. You’ll see a deployment summary. Check it carefully before tapping [Confirm].

3. You can view all transaction history under [Inscription History]. Please note that BRC-20 inscribed transactions may consist one commit transaction and multiple reveal transactions. Binance Web3 Wallet only displays reveal transactions. You can visit the blockchain explorer to view commit transaction records.

To Transfer

1. Go to the [Transfer] tab and enter the 4-digit ticker.

2. Select a preferred token to inscribe.

3. Enter the amount to transfer and tap [Continue].

4. You can view all transaction history under [Inscription History]. Please note that BRC-20 inscribed transactions may consist one commit transaction and multiple reveal transactions. Binance Web3 Wallet only displays reveal transactions. You can visit the blockchain explorer to view commit transaction records.

To Speed Up

You can use the Binance Pool BTC Transaction Accelerator to speed up the confirmation process of your cryptocurrency transactions. For a detailed step-by-step guide, please visit How to Use the Binance BTC Transaction Accelerator.

1. Go to [History] and tap [Speed Up] next to the order you’d like to speed up.

2. You’ll see a detailed order summary. Tap [Speed Up] to proceed.

3. You’ll see an estimated cost summary. Tap [Pay to accelerate] to make payment via Binance Pay.

4. After successfully making a payment, you can view your acceleration history on the Binance Pool BTC Transaction Accelerator page.

1. Go to [Wallets] - [Web3]. Tap the [>] next to [Assets].

2. Tap [Manage Tokens].

3. You’ll be able to manage all BRC-20 tokens. Find/search for the ones you want to add to your favorite list on the Web3 Wallet homepage.

4. Toggle on the button next to an asset to add it to your favorite list.

If your BTC balance is insufficient, you’ll be prompted to top up your Web3 Wallet to proceed with the transaction.

Deposit BTC to your Web3 Wallet

1. Tap [Deposit] and you’ll see a QR code and a token address. Save the QR code or copy the address to deposit BTC to your wallet. For a step-by-step guide, please visit How to Deposit Crypto to Binance?.

Transfer BTC to your Web3 Wallet

1. Tap [Transfer] and select the wallets for the transfer.

2. Choose BTC and your preferred network. Tap [Transfer].

A Taproot address is characterized by its “bc1p” prefix.

After Web3 Wallet imports the private key, the inscription of the Taproot address cannot be parsed and viewed, please use native SegWit addresses characterized by “bc1q”.

We recommend using a wallet that provides native SegWit addresses. If you use a wrong network, your funds might be lost and cannot be recovered.