Binance inscription market goes offline, users can still view and transfer inscription assets

On December 10, Binance Customer Support responded to user inquiries on social media, stating that the inscription market has been removed, and currently, users cannot buy or sell inscription assets on the platform. However, users can still view their inscription assets through the inscription center and transfer these assets to other wallets. Users can click 'View More' - 'Inscription' on the Binance Web3 page to see relevant assets.

Why was the inscription market taken offline?

This change may be related to the relaunch of the Binance Web3 wallet. According to BlockBeats, on December 9, Binance announced the relaunch of the Binance wallet (formerly known as the 'Binance Web3 wallet') and plans to introduce it in phases, aiming to make the Web3 experience more intuitive, convenient, and integrated into the daily lives of global users. Each phase will feature a unique theme to help users smoothly transition to a more mature Web3 environment.

New changes after the relaunch of the Binance Web3 wallet

1. Phased launch: The wallet relaunch will be conducted in phases, gradually optimizing user experience.

2. Addressing Web3 challenges: Each phase will tackle key issues in Web3 adoption, ensuring global users can easily adapt.

The removal of the inscription market may be part of Binance's efforts to optimize product layout during the overall wallet functionality update. However, even though the buying and selling features are temporarily offline, inscription assets are still preserved and can be transferred, ensuring that users' asset security is not compromised.

This series of updates not only helps simplify Web3 operations but may also provide users with greater control and a more flexible experience.

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