LFG Market Integrates Portal: Trustless Cross-Chain Ordinals Trading
• LFG Market has integrated Portal’s DEX protocol to offer trustless cross-chain trading of Ordinals and BRC-20 tokens.
• This integration will enable users to purchase NFTs and tokens using assets from other chains such as Ethereum without bridges or custodians.
• According to DappRadar, over $210 million in Ordinals trading volume has been generated on the Bitcoin blockchain.
LFG Market Integrates Portal for Cross-Chain Trading
LFG Market is thrilled to announce that they have chosen to integrate the Portal DEX protocol into their marketplace for Ordinal NFTs and Bitcoin-based BRC-20 tokens. This integration will allow users to perform fast, secure, and private cross-chain transactions between Bitcoin and other digital assets.
Benefits of Portal’s “Cross-Chain Atomic Swaps”
Portal’s “cross-chain Atomic Swaps” technology provides a way for ETH and other NFT collectors to access Ordinal trading without any hassle. This makes it possible for users to purchase both NFTs and tokens with assets from different blockchains such as Ethereum without having to use bridges or custodians.
Ordinals Trading Volume on the Rise
The creation of Ordinal inscriptions on the Bitcoin blockchain has led to an increase in trading volume over the past quarter, reaching $210 million according to DappRadar. With DEXes becoming increasingly popular in the crypto industry, interest in NFTs on Bitcoin is expected to grow even further in the future.
4% of US Population Owning Crypto Assets
According to Nansen, about 4% of the US population currently owns crypto assets making it a rapidly growing asset class among retail investors looking for alternative investments outside traditional markets. This massive user base opens up numerous possibilities for growth opportunities within the crypto space going forward which creates great potential for projects such as LFG Market integrating with Portal’s DEX protocol.
With this integration, LFG Market is well positioned to take advantage of this increasing demand by offering users trustless cross-chain trading of Ordinals and BRC-20 tokens backed by Portal’s cutting edge technology solutions.