Binance, the world’s largest exchange, has officially listed Ordinals (ORDI), one of the most well-known of the BRC-20 tokens issued on the Bitcoin blockchain last year.

The token, which was listed on exchange today at 12.00 p.m. UTC, opened for trading on the ORDI/BTC, ORDI/USDT, ORDI/TRY pairs. Withdrawals will start tomorrow at 06.30 am UTC.

Within 48 hours after the listing in spot trading, isolated leveraged trades will also be opened on the ORDI/USDT pair.

The Ordinals protocol, which was launched in January last year, allows the creation of NFTs on the Bitcoin network. ORDI, which is not a sidechain or a layer 2 token, became one of the Bitcoin blockchain’s own tokens.

Using “inscription” technology to store data on the Bitcoin blockchain, Ordinals stores information in Satoshis, the smallest unit of Bitcoin. This allows for the storage of a wide range of data such as audio, video, text or images.

After Binance’s announcement, the ORDI price increased by more than 60% and the token value rose above $12.