According to Coincu, UniSat Wallet has launched its BRC20-Swap testnet, allowing users to mint BRC-20 tokens, engage in deposits, trade assets, and enhance liquidity within the test environment. The testnet provides access to a range of BRC-20 assets and features, such as switching to the testnet within users' wallets, utilizing the faucet service at coinfaucet.eu to receive BTC on a legacy testnet address, transferring testnet BTC to taproot addresses, and minting BRC-20 tokens on the testnet via unisat.io.
UniSat Wallet, a browser extension wallet, enables interaction with BRC-20 assets, an experimental token standard in the Bitcoin network. This standard allows the creation of tokens on the Bitcoin network, with BRC-20 tokens being fungible and usable on the Bitcoin network. The wallet offers the ability to instantly observe unconfirmed NFTs, inscribe on-the-fly without the need for a complete node, and securely manage, mint, and transfer BRC-20 tokens. It also serves as the official Ordinal Protocol wallet.
This development comes as wallet projects are increasingly emerging to support users in accessing Bitcoin's NFT and DeFi ecosystems. UniSat Wallet, which began operations in April, is one of the earliest wallets to provide support for BRC-20, demonstrating its commitment to innovation and facilitating user engagement within the Bitcoin network.
