Recently, Binance has announced the listing of Ordinals (ORDI) and the commencement of spot trading on November 7, 2023. The trading pairs available for spot trading are ORDI/BTC, ORDI/USDT, and ORDI/TRY. Users can now start depositing ORDI to prepare for trading.
Binance will also introduce ORDI as a lending asset with an Isolated Margin pair within 48 hours starting from 17:00 on November 7, 2023. The Isolated Margin Pair will be ORDI/USDT.
It’s worth noting that Binance has launched a user incentive program. Specifically, from the time of the announcement until the start of trading, the first 1,000 users to deposit at least 72 ORDI will be eligible to receive a trading fee discount voucher of 50 USDT for each account.
Ordinals (ORDI) is a system that assigns a number to each satoshi (the smallest unit of Bitcoin). The Ordinals protocol provides a unique serial number for each satoshi and tracks them in transactions. In simple terms, Ordinals allows users to create individual satoshis by attaching additional data to them.