Wallet providers introduce BRC-20 token support despite market drawdown

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


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#Adoption, #Altcoin, #Bitcoin, #Blockchain, #BRC20, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Ethereum, #News, #Regulations, #Wallet

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