Bitcoin's revolutionary design introduced a secure, peer-to-peer value transfer system. While its primary focus was financial transactions, the potential for broader applications was always on the horizon. Now, with the emergence of Ordinals and Inscriptions, Bitcoin offers a method to store information other than financial transactions. This technology allows users to permanently store additional information on the Bitcoin blockchain, creating unique digital assets known as Bitcoin Non-Fungible Tokens (NFTs).

 

What are BTC Ordinal Inscriptions? 

Bitcoin inscription is the process of embedding arbitrary data or content onto a Satoshi, the smallest denomination of Bitcoin. Information, including images, videos, texts, audio, etc., can be inscribed on the Bitcoin blockchain. 

 

Read More

Inscriptions: A Gateway to Understanding Ordinals

Ordinal Inscriptions vs NFTs: How Are They Different?

What does Bybit Inscription Marketplace offer? 

Bybit Inscription Marketplace is a decentralized asset distribution platform featuring full BRC-20 integration, so users can inscribe, mint, and trade BRC-20 assets directly with their Cloud Wallets. You can also transfer your Inscriptions from Bybit Cloud Wallet to third-party wallets.

 

 

 

How to Get Started With Bybit Inscription Marketplace

• List/Sell Your Inscription Tokens
• Transfer
• Mint Inscription Tokens
• Buy Inscription Tokens

 

 

On the Web3 page, go to Marketplace → Inscriptions to access the Inscription Marketplace, then connect your Bybit Cloud Wallet.  For information on how to create a Bybit Cloud Wallet, refer to this article.

 

List/Sell Your Inscription Tokens 

Step 1: On the #Inscription Home page, go to #Trending or #All Projects and look for the token you wish to sell. Click View or on the projects to visit the token page.  

 

 

 

Step 2: On the token page, click  Inscribe. Fill in the inscription information, select the gas fees, and Confirm. 

 

 

 

Step 3: Click List to list and sell your tokens on Bybit Inscription Marketplace. 

 

 

To unlist an inscription token, go to #My Inscriptions, and click on the respective  inscription you wish to unlist.

 

 

 

 

 

Transfer 

Step 1: Go to #My Inscriptions and select the token you wish to transfer. 

 

 

 

 

 

Step 2: On the pop-up window, select the token you wish to transfer, enter the amount and receiving address, select the gas fees, and click Transfer. 

 

 

 

 

 

 

Mint Inscription Tokens

Step 1: Go to #Inscriptions → Minting

 

 

 

Step 2: Click on your preferred projects and click Mint.

 

 

 

Step 3: Enter the quantity that you wish to mint and select your gas fees. Click Mint to confirm the transaction. 

 

 

 

 

Buy Inscription Tokens

Step 1: Go to the project page of the token you wish to buy → Listed On. 

 

 

Step 2: Click on your preferred listed projects and click Buy. 

 

 

 

Step 3: Check the order details and select the gas fees before clicking Confirm. 

 

 

 

Where can I view my past transactions? 

You can go to My Transactions to see your trading, minting, and transfer history. 

 

Where can I view my pending inscriptions? 

You can go to My Inscriptions to view any tokens that are in the process of minting, inscribing, trading, or transferring.