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Binance's Web3 Wallet has launched an exciting new Inscriptions Marketplace and it now includes support for ERC-404 tokens.

In Brief

In a noteworthy update, Binance's Web3 Wallet has unveiled the Inscriptions Marketplace along with the ability to support ERC-404 tokens.

A digital wallet designed for managing cryptocurrencies within the ecosystem. Binance application, Binance Web3 Wallet The wallet has introduced the Inscriptions Marketplace along with support for ERC-404 tokens, following a notable increase in user interest.

The support for ERC-404 tokens This innovative system merges ERC-20 and ERC-721 standards, allowing for fractional ownership of NFT collections and removing the need for middlemen in transactions.

The launch of the Inscriptions Marketplace within the Web3 Wallet enables users to create and trade inscriptions, which include a variety of assets. BRC-20 Users will find that EVM tokens and access to over 60,000 BRC-20 tokens and additional options are freely available for interaction through decentralized applications.

Within the Web3 Wallet For those looking to speed up their transactions, there's an option to use the Inscriptions Accelerator by paying a minimal fee, beneficial especially during peak network congestion times.

This accelerator prioritizes transactions, allowing users to receive quicker confirmations and enhancing overall trading efficiency by minimizing waiting periods.

Furthermore, the wallet has integrated additional networks, further enhancing its modular Web3 ecosystem. Manta This includes a Layer 1 infrastructure that offers cross-chain compatibility and the cutting-edge ZK-powered Layer 2 called ZKFair, along with the Ethereum Layer-2 scaling solution, Metis, which utilizes zkEVM technology. ZetaChain Stay informed about crypto distributions with our tracking tools. Scroll .

As part of the new Inscriptions Marketplace, Binance has revealed an airdrop happening from February 22 to April 3, 2024, featuring $1 million in rewards. There’s a diverse range of token rewards available for users to claim, including RATS, AINN, BDIN, MMSS, BIDP, BRC20.com, ORNJ, NEWU, MUBI, INDS, DEPD, ROUP, and ITNP. Airdrops Calendar .

Binance Announces New Airdrop

Throughout the airdrop period, weekly rankings will be established based on how closely participants' BUID numbers align with the block hash value of the BNB Beacon Chain at the beginning of each Airdrop Week. Those with the best matches will win, with each winner receiving $1,000 worth of the selected token.

With these recent features, Binance's Web3 Wallet is poised to further develop, backing cutting-edge projects and showing commitment to its users in the fast-paced cryptocurrency environment.

Please remember that the details shared here should not be considered as legal, financial, or investment advice. It’s essential to invest only what you can afford to lose and consult with a financial advisor if you're unsure. For more information, we recommend checking the terms and conditions and the support resources provided by the relevant issuer. MetaversePost strives to offer precise and unbiased reporting; be aware that market conditions can change unexpectedly.

Disclaimer

In line with the Trust Project guidelines Alisa, a passionate journalist with Cryptocurrencylistings, dedicates her expertise to the world of cryptocurrency, zero-knowledge proofs, investments, and the vast Web3 landscape. Her insightful analysis on emerging trends keeps readers informed in the constantly shifting digital finance sphere.

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