How to Use OKX Wallet to Participate in BRC-20 Tokens

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BRC-20 is an experimental fungible token standard built on the Bitcoin blockchain, leveraging Ordinal inscriptions encoded in JavaScript Object Notation (JSON) to deploy, mint, and transfer tokens. This innovative protocol assigns value to individual satoshis (sats), enabling them to be used in trades or exchanges just like other digital assets. With BRC-20, developers can easily create and manage interchangeable tokens using the Ordinals platform—making it one of the most talked-about trends in the current crypto ecosystem.

Unlike traditional smart contract-based token standards, BRC-20 operates without programmable logic. Instead, it relies on text-based inscriptions stored directly on Bitcoin’s blockchain to define token properties such as name, symbol, total supply, and decimal precision. These encoded details are permanently etched into specific sats via Ordinal theory, allowing for decentralized issuance and ownership tracking.

While BRC-20 may sound similar to Ethereum’s widely adopted ERC-20 standard, there are crucial differences. Most notably, BRC-20 does not support smart contracts. It functions entirely within Bitcoin’s Proof-of-Work consensus mechanism, whereas ERC-20 tokens run on Ethereum’s Proof-of-Stake network. This makes BRC-20 a more minimalist and immutable option—ideal for users seeking simplicity and security rooted in Bitcoin’s robust infrastructure.

As interest in Bitcoin-native tokens grows, so does the need for reliable tools to interact with them. The OKX Web3 Wallet emerges as a powerful solution, offering seamless integration with BRC-20 assets while maintaining user control over private keys.

👉 Discover how to securely manage BRC-20 tokens with a trusted non-custodial wallet

Setting Up Your OKX Web3 Wallet

Before engaging with BRC-20 tokens, you’ll need a compatible wallet that supports both Bitcoin and Ordinal inscriptions. The OKX Web3 Wallet is a non-custodial, decentralized multi-chain wallet launched by OKX in 2021. It provides comprehensive features including multi-chain asset management, cross-chain DEX aggregation, DeFi investment tools, and NFT trading—all within a single interface.

To get started:

  1. Open the OKX app and log in to your account.
  2. Navigate to the top menu and switch to the [Web3 Wallet] tab.
  3. Tap [Create Wallet].
  4. Choose a secure verification method—either a password or biometric authentication.
  5. Carefully back up your recovery phrase (also known as a seed phrase).
  6. Confirm the backup to complete setup.

Once created, your Web3 wallet automatically includes a native BTC address capable of receiving and storing BRC-20 tokens.

If you already have an existing Bitcoin wallet, you can import it into OKX Web3 Wallet by selecting [Import Existing Wallet] and entering your mnemonic phrase or private key. This restores full access to your funds while integrating them into OKX’s broader Web3 ecosystem.

Managing Your BTC Addresses for BRC-20 Compatibility

Not all Bitcoin addresses support BRC-20 inscriptions equally. To ensure compatibility, OKX Wallet allows you to view and switch between different address types:

To check or change your address:

  1. From the wallet homepage, tap on BTC to enter the balance details page.
  2. Click the switch icon in the top-right corner.
  3. Select your preferred address format.

For optimal performance when sending or receiving BRC-20 tokens, Taproot addresses are strongly recommended, as they offer better efficiency and lower transaction costs.

Viewing and Managing BRC-20 Assets

After setting up your wallet and securing your preferred address type, you can begin exploring BRC-20 tokens.

To view your BRC-20 holdings:

  1. On the wallet homepage, tap [Token Management].
  2. Search for the specific BRC-20 token (e.g., ORDI, SATS, or BBCC).
  3. Tap the + button next to the token to add it to your portfolio.
  4. Return to the home screen—you should now see your BRC-20 asset listed under your balances.

Tapping on any added BRC-20 token opens its detailed page, where you can:

From this screen, selecting [Trade] enables quick listing of your inscriptions on supported Ordinals markets or direct purchases of new BRC-20 assets.

👉 Learn how to track and trade emerging BRC-20 tokens in real time

Sending and Minting BRC-20 Tokens

Transferring BRC-20 tokens is straightforward but requires attention to detail—each token is tied to a specific inscription (a unique satoshi), so you must select the correct one before sending.

To send a BRC-20 token:

  1. Tap on the desired token (e.g., BBCC).
  2. Select [Send].
  3. Choose the specific inscription you wish to transfer.
  4. Enter the recipient’s Bitcoin address (must support BRC-20).
  5. Confirm the transaction with your security method.

Alternatively, if you want to mint a new BRC-20 token:

  1. Tap the [+] Mint option within the token section.
  2. Enter the amount you'd like to inscribe (must not exceed available balance).
  3. Proceed to the next step and confirm the inscription details.
  4. Pay the network fee and finalize the process.

Once minted, your newly inscribed token will appear in your wallet after network confirmation.

Frequently Asked Questions (FAQ)

Q: What is the difference between BRC-20 and ERC-20 tokens?
A: BRC-20 tokens are built on Bitcoin using Ordinal inscriptions without smart contract functionality, while ERC-20 tokens operate on Ethereum with full smart contract capabilities. This makes BRC-20 simpler but less flexible than ERC-20.

Q: Can I use any Bitcoin wallet for BRC-20 tokens?
A: No—only wallets that support Ordinal inscriptions and allow inscription selection can safely handle BRC-20 assets. The OKX Web3 Wallet is fully compatible with these requirements.

Q: Are BRC-20 transactions reversible?
A: No. Like all blockchain transactions, BRC-20 transfers are irreversible. Always double-check recipient addresses before confirming.

Q: Do I need BTC to send BRC-20 tokens?
A: Yes. You’ll need a small amount of BTC to cover network fees (gas) for both minting and transferring BRC-20 tokens.

Q: Is the OKX Web3 Wallet safe for storing BRC-20 assets?
A: Yes. As a non-custodial wallet, only you control your private keys. Just ensure your recovery phrase is stored securely offline.

Q: Can I buy BRC-20 tokens directly on OKX?
A: While direct fiat-to-BRC-20 trading may not be available yet, you can acquire tokens through integrated DEXs and NFT marketplaces accessible via the OKX Web3 Wallet.

The rise of Bitcoin-based tokens marks a new chapter in blockchain innovation. With tools like the OKX Web3 Wallet, users gain secure, intuitive access to cutting-edge assets like BRC-20—opening doors to decentralized finance, digital collectibles, and beyond.

👉 Start exploring the future of Bitcoin-powered tokens today