The live price of FBTC is $0.06321 per (FBTC / USD) today with a current market cap of $140,447.03 USD. The 24-hour trading volume is $7.44M USD. FBTC to USD price is updated in real time. It has a total supply of 2.10M .
FBTC is an inscription token issued on the Bitcoin blockchain based on the Ordinals protocol. With a total supply of 21 million bitcoins, each coin can be subdivided into 100 million satoshis (satoshi is the lowest denomination of a Bitcoin), amounting to a total of 2100 trillion satoshis. Inscriptions are created by using the Ordinals protocol to write content to each satoshi. The ordinals protocol involves writing information to each satoshi, including text, pictures, audio, video, etc.
FBTC: What Is It and How Does It Work?
FBTC - An Overview
FBTC is an inscription token issued on the Bitcoin blockchain using the Ordinals protocol. With a total supply of 21 million bitcoins, each coin can be subdivided into 100 million satoshis, resulting in a total of 2100 trillion satoshis. Inscriptions are generated by utilizing the Ordinals protocol to write content to each satoshi. This protocol enables information to be written to each satoshi, including text, images, audio, video, and more.
FBTC has a total supply of 2,100,000 FBTC and is designed as a 100 percent mintable token. This makes it an attractive option for trading and investment, particularly for those interested in meme tokens.
What Is BRC-20?
BRC-20 is a novel token standard that is constructed on the Bitcoin network using ordinals and inscriptions. While OnChain Monkey and Bitcoin Punks NFT collections caused a stir in the crypto world in early 2023, the hype around these projects quickly faded as they became easy to reproduce and suffered from dwindling demand.
BRC-20 tokens are also highly secure, as they are built on the highly secure Bitcoin protocol. The Bitcoin protocol's security is well-established, thanks to its proof-of-work consensus mechanism, which thwarts most hacking attempts. This feature enhances the security of BRC-20 tokens and their underlying transactions.
The BRC-20 inscription tokens FBTC are tokens based on the Ordinals protocol and inscribed on the Bitcoin network. To purchase FBTC, you need a crypto wallet that supports the Bitcoin network. For instance, you can purchase FBTC on the marketplace within these Bitcoin wallets at unisat.io/market/brc20?tick=FBTC or ordinalswallet.com/brc20/FBTC. However, it's important to note that you will need to buy BTC and deposit it into these Bitcoin wallets first before you can acquire these BRC-20 tokens.
Some of the major BRC-20 inscription tokens, including $ORDI, $SATS, $RATS, $VMPX, $PEPE, $BIP, are currently listed on Bitget, where you can purchase them.
You can inscribe various types of Bitcoin inscription tokens, including Bitcoin NFT, BRC-20, and more, at web3.bitget.com, unisat.io/inscribe, ordinalswallet.com/inscribe, idclub.io/brc20 or looksordinal.com. The process for inscribing BRC-20 inscription tokens is as follows:
1. First, you need to buy BTC and deposit the acquired BTC in your Bitcoin Wallet.
2. Then, open the inscription feature module on these platforms in your browser and select the BRC-20 type.
3. You can click the search icon and select BRC-20 to view a list of Bitcoin-based inscription tokens.
4. Select an inscription token currently being distributed and participate in the minting process.
5. Select how many times you want to mint this token inscription. With each minting, you will receive a specific number of tokens. For example, with 5 times of minting, you will get five times that specific number of tokens.
6. Enter the gas fee amount. Keep in mind that a higher gas fee will result in a faster transaction processing time.
7. Minting is complete. You can now view the inscribed tokens in the My Inscription section on the Profile page of these minting platforms, or all the inscription tokens on your Bitget Wallet.
