BRC-20 tokens on the Bitcoin network have been experiencing a remarkable surge, with tokens like $mice, $cats, and $Sqts seeing substantial growth.

For those new to this space or finding it challenging to navigate the minting and trading of these tokens, here’s a simplified guide to get you started in the BRC-20 ecosystem:

Understanding BRC-20:

- Introduced in March 2023 by domodata, the BRC-20 standard is a token standard for Bitcoin.

- It allows for the creation, minting, and transfer of tokens on the Bitcoin network using ordinal inscriptions of JSON data.

- Benefits of BRC-20 tokens include their fungibility, security (being built on Bitcoin), and compatibility within the Bitcoin ecosystem.

Rising Popularity:

- The listing of several BRC-20 tokens on Binance, like $ORDI, $SATS, and $RATS, has increased interest and investment in these tokens.

- This trend suggests a growing ecosystem, making it a crucial area to monitor for potential opportunities.

Getting Started:

1. Set Up a Bitcoin Wallet: Choose from options like Unisat Wallet, OKX Web3, or XverseApp.

2. Deposit Bitcoin: Transfer BTC to your chosen wallet to get started.

Acquiring BRC-20 Tokens:

- You can either buy BRC-20 tokens on marketplaces or mint them yourself.

- Marketplaces like Unisat Marketplace (unisat.io/market) offer an avenue to purchase these tokens.

- To stay updated on trending inscriptions, use tools like BRC20Trending and BRC20Alert on Telegram, or visit geniidata.com/ordinals.

Minting BRC-20 Tokens:

- Go to Unisat (unisat.io/search), click on BRC-20, search for the ticker, and select "Mint directly."

- Specify the amount you want to mint and the number of repeats for the minting process.

Finalizing the Mint:

- Provide your wallet address and select the network fee you're willing to pay.

- Check current Bitcoin fees on mempool.space and set a fee slightly higher than the current medium to ensure smooth transactions.

Doing Your Own Research (DYOR):

- Assess the potential of a token based on the number of holders, duration of the minting process, and project details.

- Research the project thoroughly, including its official website and social media presence.

Post-Minting Steps:

- After minting, inscriptions appear in your wallet.

- Set your selling price thoughtfully, keeping in mind you can't increase it later and that canceling an order incurs additional fees.

Remember, always conduct thorough research and consider the risks involved in crypto investments.