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Binance Adjusts its ORDI Description Following Several Call-Outs

Published 11/08/2023, 06:43 PM
Updated 11/08/2023, 06:45 PM
Binance Adjusts its ORDI Description Following Several Call-Outs

  • Binance has corrected the description and links included in its ORDI listing announcement.
  • The development came after Bitcoin ordinal members noted the crypto exchange wrongly described the token as an ordinal.
  • ORDI continues to see an upward tick in its price, with trade volume hitting 783% in the last 24 hours.

Cryptocurrency exchange platform Binance has corrected the description and links included in its ORDI token listing announcement. The adjustment came on the back of several callouts over “misleading statements” in the previous announcement.

Popular blockchain journalist Wu Blockchain noted the development in a post on Wednesday. According to Wu, Binance has changed its ORDI description to indicate that it is the first BRC-20 fungible token on the Bitcoin blockchain. Wu added that “BRC-20 is a part of the Ordinals protocol, and ORDI is just a memecoin in BRC20.”

The post Binance Adjusts its ORDI Description Following Several Call-Outs appeared first on Coin Edition.

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