Bybit launches Inscriptions Marketplace supporting Ethereum, Avalanche, and other chains

Crypto exchange Bybit today announced the launch of its integrated inscriptions marketplace supporting both Bitcoin and Ethereum ecosystems. The new marketplace will allow users to seamlessly mint and trade BRC-20 tokens and EVM inscription tokens across multiple blockchains.

🚀 #Bybit Inscription Marketplace is Now LIVE!

🌎Trade #BRC20 assets, enjoy exclusive early access, and experience fair launches.

🧷 Dive into decentralised trading today!

👉Marketplace: https://t.co/WogHYBvQMQ#BybitWeb3#InscriptionMarketplace #BRC20 pic.twitter.com/0Pt4LzAEPv

— Bybit (@Bybit_Official) February 5, 2024

Bybit has also entered a key partnership with UniSat, a BRC-20 marketplace, to further enhance its NFT offerings. Through this collaboration, Bybit aims to fully integrate UniSat’s technologies into its platforms soon, connecting over 1 million Web3 wallet users to Bybit’s existing user base of 20 million.

“We hope to provide users with a one-stop gateway through the Bybit Inscription Marketplace, facilitating the exploration and experimentation with inscription tokens and enjoying their dividends to support industry development,” said Ben Zhou, Co-Founder and CEO of Bybit.

On February 1st, the exchange began supporting BRC-20 and EVM inscriptions minting and trading for networks like Avalanche, Ethereum, Polygon, Fantom, and Mantle.

In the next phase of development, Bybit’s Inscription Marketplace will expand support to include Bitcoin NFT standards like ARC-20 and BRC-420 Ordinals.

The launch comes on the heels of competing exchanges like Binance and OKX introducing similar inscriptions marketplace offerings and features over the past week.

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