How will the “half-baked” inscription market launched by Binance affect the Web3 world?

Author: BITWU.ETH Source: X, @BTW0205 BITWU.ETH

Let’s talk about #Binance’s new online inscription:

When it went online, it was quite sudden. Although everyone knew that Binance would go online, However, the launch this time was obviously a bit hasty. @heyibinance tweeted that Binance’s launch may be a semi-finished wallet. I instantly felt that this was the most accurate summary;

In the next few days, we saw Binance’s main policy of listening to everyone’s advice and cherishing everyone’s suggestions, and we understood. Binance’s idea is to launch a semi-finished product first, and then based on everyone’s suggestions. Modify;

After experiencing it for a period of time, let me first share some thoughts on the current state of the Binance Web3 wallet:

1. How to enter #BinanceWeb3 wallet

The first day At that time, the wallet entrance was very cumbersome and people complained frequently. Binance was very persuaded and changed the entrance. Now click the fund button and you can see the Web3 wallet entrance in the upper right corner, which is a lot more convenient;

But before that, you need to upgrade your Binance App. Currently, if your phone is in the Appstore in China or the United States, it cannot be upgraded. Here is how to register an Apple account in other regions. Method:

https://suitechsui.cloud/zh-CN/download-guide…

">2. Binance Web3 Wallet: Your one-stop solution

Binance Wallet is positioned as a one-stop solution , so rich functions in the future are definitely essential:

Rich options: trade or mint BRC-20 tokens, EVM tokens and other inscription tokens Coin

Convenient transfer: Inscription tokens can be transferred between Binance exchange and Web3 wallet with one click

Silk-smooth trading: BTC trading accelerator enables a faster trading experience

The highlights are mainly concentrated in the following parts:

BTC trading accelerator:

Binance Inscription Market also offers a BTC trading accelerator. This tool can significantly increase the speed of Bitcoin transactions, which is a crucial point in Inscription trading. Faster transactions mean faster transactions and engravings, allowing users to stay ahead of the curve in the rapidly changing crypto world.

Integrate with UniSat to enhance liquidity and optimize options:

Binance Inscription Market Integration The API of UniSat, a pioneer in ordinal and inscription fields, gives users access to UniSat’s deep liquidity and over 60,000 BRC-20 tokens. This cooperation greatly expands the market boundaries and provides users with unparalleled massive choices and liquidity.

Easy to access, convenient and fast:

Inscription Market is located within the Binance Web3 wallet, adhering to The design concept is easy to access and convenient. Whether you are a BRC-20 enthusiast or a Web3 newbie, it can provide a safe and pleasant user experience to meet the needs of everyone. Users can transfer inscriptions between Web3 wallets and the Binance exchange with just one click.

3. Future planning: safer, simpler, and more borderline, and it is our responsibility to lower the threshold of Web3

Although Binance Wallet is not very functional at present, it is working hard to lower the threshold for entering Web3. At this point, it uses user advantages to compete for market share.

< p style="text-align: left;">At this point, I think Binance can compete with OKX. After all, Binance’s natural advantage lies in its customer base and globalization:

Binance CEO @_RichardTeng tweeted:

"We hope that through a more streamlined process, the entire user The experience becomes safer, simpler, and more fun.”

I think this should be the main direction of Binance wallet in the future, and Binance Inscription Market is Binance’s latest product innovation measures are to continue to promote lowering the barrier to entry for Web3 and improving user convenience.

Binance has an advantage in users, so I think the next step is to iterate the product while better welcoming user conversions.

Conclusion:

The newly launched Binance wallet does not It’s not perfect, He Yi @heyibinance is eager to recruit talents directly in the comment area, which shows me Binance’s determination to make this Web3 wallet a success. It all depends on people, so I know it will happen sooner or later. Things;

Finally, don’t rush, you can earn more by taking your time:

First, a good product must be produced through continuous iteration. Binance’s Web3 wallet has not yet launched its power, so don’t worry;

Second, the inscription It is a 100-billion-level track, and it will definitely have a future. It is better to wait for the flowers to bloom, and we should not be impatient!