Wallet providers introduce BRC-20 token support despite market drawdown

Currently, there are over 34,000 different types of BRC-20 tokens in circulation. On June 21, BitKeep, a self-custody wallet provider, announced its support for BRC-20 tokens issued on the Bitcoin network. This feature allows users to view, rank, and transfer BRC-20 tokens and NFTs. The developers also mentioned that in-wallet swaps for BRC-20 tokens are planned for the future.



OKX, a cryptocurrency exchange, also recently announced its support for BRC-20 assets through the OKX Wallet app. Many centralized and decentralized exchanges have followed suit by adding support for BRC-20 tokens.



However, Trust Wallet and MetaMask currently do not support BRC-20 tokens, despite their growing adoption. The current market capitalization of BRC-20 tokens is $154.5 million, which is a significant decrease of nearly 85% from its all-time high


First found on: https://coinatory.com/2023/06/21/wallet-providers-introduce-brc-20-token/?utm_source=BG&utm_medium=Blogger+Some+Crypto+Blog&utm_campaign=SNAP