Bitcoin ordinal inscriptions enable the creation of Bitcoin-based non-fungible tokens (NFTs) by embedding data, such as images and videos, into individual satoshis on the Bitcoin blockchain. Creating your own Bitcoin inscriptions can be difficult, but this guide will simplify the process for you. Keep reading to learn how to create your own Bitcoin ordinal inscriptions on Binance Pool.
1. Access the feature. Log in to your Binance account and navigate to [Finance] - [Mining Pool]. From there, proceed to the [Ordinals Inscribe] section to start creating an inscription.
2. Select your inscription type.
BRC-20 tokens. If you choose to create BRC-20 tokens, remember that they require deployment before minting. It is possible to mint multiple BRC-20 tokens in one submission. For instance, you can set the quantity to 1,000 and the repeat minting count to 20, generating 20 inscriptions. Each inscription is going to contain 1,000 tokens, for a total of 20,000 tokens.
Single image. For single images, file size is important. If your image file is less than 300KB, it will be inscribed as is. Files over 300KB will be resized, compressed, and converted to WEBP format, with the relevant metadata removed for security reasons.
Text. Text inscriptions only allow single text inputs and do not support batch engraving. The text input is limited to 300KB due to Bitcoin’s limited block space.
3. Set your fees. Next, set the transaction fees for your inscription. Note that the displayed fee will include estimated Bitcoin network fees and any additional service fees. The amount shown in USD is for reference only; the final fee will be displayed in satoshis (sats).
4. Provide your ordinal recipient address. Enter a Bitcoin address that is compatible with the Ordinals protocol to receive the inscription. It’s recommended to use a P2TR address, identifiable by its "bc1p" prefix. For further details on setting up a Taproot address, you can refer to How to Generate a Taproot Address.
5. Finish your transaction. After confirming all details are correct, click [Confirm] to proceed to the payment stage. Ensure to make the payment in a single transaction within 24 hours to prevent the order from expiring.
After completing these steps, you will need to wait to confirm whether your ordinal inscription was successful. It may take hours or days, so make sure to remain patient.
Learn more: What Is the Binance Inscriptions Marketplace?