BRC20 Token minting whole process: from Wallet preparation to asset management

robot
Abstract generation in progress

Complete Guide to BRC20 Token Minting Process

BRC20 is a fungible Token protocol on the Bitcoin native chain, similar to the ERC20 standard on Ethereum. Currently, well-known BRC20 Tokens include ordi, pepe, punk, bayc, and others. Among them, $Ordi, as the first BRC20 Token, has a genesis attribute, and its current off-market price has reached 500, compared to the initial cost of 3-5U, resulting in significant profits.

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Token?

minting steps

1. Prepare wallet

It is recommended to use the UniSat plugin wallet, create a wallet and back up the mnemonic phrase. Choose an address starting with m/86/0/0/0 to obtain a receiving address that starts with bc1p.

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

Crypto Strategy | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

2. Query minting information

You can use UniSat to view real-time information on the minting of inscriptions, including the number of tokens minted, holders, and other data.

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

Crypto Strategy | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

3. Choose minting tool

It is recommended to use idclub, which offers high cost performance and is easy to operate. Other options include looksordinal, etc.

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Token?

4. Minting Operation Process

View target Token minting information on UniSat for ), copy the Token name and quantity.

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

  1. Open idclub, fill in Token information and receiving address

Crypto Strategy | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

Crypto Strategy | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

  1. View the real-time Gas fees in the mempool, set appropriate Gas.

Crypto Strategy | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

  1. payment minting fee

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Token?

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

  1. Send transaction in UniSat wallet

Crypto Strategy | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

  1. Waiting for minting of the inscription to complete

Crypto Strategy | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

5. minting follow-up

  • Check the idclub order status, waiting for “minting”

Crypto Guide | A Step-by-Step Tutorial on How to Mint BRC-20 Tokens?

  • Pay attention to the mempool block situation

Crypto Guide | Step by Step Guide on How to Mint BRC-20 Token?

  • Check if the assets have arrived in UniSat

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

Notes

  • The gas fees fluctuate greatly, requiring real-time monitoring.
  • Minting during peak times may require multiple attempts.
  • It is recommended to set a higher Gas to improve the success rate.
  • Monitor the real-time minting progress of the Token to avoid missing out.

By following the above steps, you can complete the minting process of the BRC20 Token. After successful minting, you can view and manage assets on platforms like UniSat.

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

Crypto Strategy | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

Crypto Guide | Step-by-step guide on how to mint BRC-20 Token?

Crypto Guide | A step-by-step tutorial on how to mint BRC-20 Token?

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Token?

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Token?

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

Crypto Guide | A Step-by-Step Guide on How to Mint BRC-20 Tokens?

ORDI-5,4%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin