BRC20 is an experimental format standard for issuing fungible tokens on the Bitcoin network. The main difference between BRC20 and ERC20 lies in the fact that the Bitcoin network does not support smart contracts.
Instead, BRC20 accomplishes token contract deployment, minting, and transfer by utilizing the Ordinals protocol, which sets inscriptions in JSON data format. In other words, developers can create and issue fungible tokens using the Ordinals protocol.
Checklist
- How to create a BTC wallet?
- How to import a BTC wallet?
- How do I manage my BRC-20 assets?
- Go to Manage crypto, search for your desired BRC-20 token and add it to your crypto list.
- Select your specific BRC-20 token from the Crypto list to view your transactions of the token 5. You can select Trade to buy and list/sell the BRC-20 assets
- Select Trade to take quick action to buy and sell your desired BRC-20 token
- Select Send to transfer your desired BRC-20 token
- How do I view and switch my BTC address?
- Open your OKX App, select Wallet
- Go to Crypto and select BTC
- Select BTC from Home > Crypto list
- Select Switch preferred address to view all your available BTC addresses
Notes
Open the Web3 Wallet, then tap Create wallet > Create now > Set wallet password to complete the wallet creation. If you have already created a wallet before, you can skip this step.
Note:
The seed phrase and private key of your Web3 Wallet are extremely important. If they are lost or leaked, your assets may be at risk of being stolen. Please make sure to back up your seed phrases and private keys properly and keep them secure at all times.
If you already have a BTC wallet, you can import it into the Web3 Wallet using a seed phrase or private key. Open the Web3 Wallet, select Wallet management > Add wallet > select Import wallet, then enter your seed phrase or private key to complete the import.
Details follow the official OKX help article; this page is a learning checklist, not an official mirror.
