In a recent announcement, OKX, a prominent player in Web3 technology, revealed its latest move to facilitate deposits and withdrawals of ORDI and SATS tokens on the Merlin Chain. This development marks a significant expansion in the array of networks accessible to OKX users, enhancing their ability to manage these vital Web3 assets efficiently.

ORDI stands as the native token of the Ordinals protocol, empowering the creation of Bitcoin-based NFTs directly on the Bitcoin blockchain. Each ORDI token corresponds to a distinct Ordinal inscription, enabling OKX users to engage in trading and secure storage of these one-of-a-kind digital assets.

SATS, an abbreviation for Satoshis, represents the smallest denomination of Bitcoin, offering enhanced precision and accessibility in dealing with fractional BTC amounts. With one Bitcoin comprising 100 million SATS, transacting in SATS provides users with greater flexibility in managing their Bitcoin holdings.

Merlin Chain, a Layer 1 blockchain, is dedicated to furnishing robust infrastructure for Web3 applications. Renowned for its high throughput, swift confirmation times, and nominal fees, Merlin Chain emerges as an appealing option for both exchanges and users in the Web3 ecosystem.

The integration of ORDI and SATS support on Merlin Chain extends additional flexibility to OKX users, enabling seamless deposit, withdrawal, and trading experiences for these assets. Leveraging the efficient blockchain architecture of Merlin Chain, users can effortlessly access ORDI and SATS markets on the OKX platform.

This strategic addition underscores OKX's unwavering commitment to delivering a comprehensive suite of Web3 services, ensuring users have access to leading assets like ORDI and SATS across multiple chains within a unified platform.

About OKX

OKX stands as a pioneering global technology company at the forefront of driving the future of Web3. Offering a diverse range of products tailored to cater to both novice and seasoned users, OKX's suite includes:

OKX Wallet: Regarded as the world's most potent, secure, and versatile crypto wallet, OKX Wallet grants users access to over 80 blockchains while empowering them to maintain custody of their funds securely. Equipped with MPC technology, OKX Wallet enables users to effortlessly recover access to their wallet independently, eliminating the need for conventional seed phrases. Additionally, OKX Wallet's Smart Account, powered by account abstraction, enables users to conduct transactions on multiple blockchains using USDC or USDT, facilitating interaction with multiple contracts via a single transaction.

DEX: Serving as a multi-chain, cross-chain decentralized exchange aggregator, OKX's DEX integrates over 300 other DEXs and approximately 15 bridges, supporting a vast array of coins across more than 20 blockchains.

NFT Marketplace: OKX's multi-chain, zero-fee NFT marketplace offers users access to NFT listings across seven premier marketplaces, including OpenSea, MagicEden, LooksRare, and Blur.

Web3 DeFi: OKX's robust DeFi platform supports earning and staking on approximately 70 protocols across more than 10 chains, empowering users to capitalize on diverse DeFi opportunities.

OKX boasts partnerships with leading brands and personalities globally, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.

As a frontrunner in driving innovation, OKX champions a paradigm shift in technology through its recent global brand campaign, "The System Needs a Rewrite," advocating for a new era led by self-managed Web3 technology.