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Exploring Bitcoin Ordinals and Runes: Where to Start?

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Exploring Bitcoin Ordinals and Runes: Where to Start?

As the worlds of Ordinals and Runes run deep into the unknown, it’s essential to start with the right tools for grasping this new, infant technology on the biggest blockchain, Bitcoin. In this article, we’ll take a look at the various websites and platforms you can use to form a window into Runes and explore the possibilities that are possible while minting, etching or speculating on this exciting new ecosystem.

Where Can I Buy Runes?

First things first, if you want to buy Runes, just to strap yourself onto a possible new rocket, you can do so at Unisat, which is currently the go-to platform for buying Runes. With a user-friendly interface and secure transactions, many people acquire the Runes they need, if they do not want to mint them.

If you want to get into Ordinals, then Magic Eden is the platform for buying them. While it currently focuses on NFTs, Magic Eden will soon expand its offerings to include Runes as well.

How Do I Mint Runes?

If you want to dig your toes a little deeper and start minting or etching them, then Luminex is the right way to do so. With Luminex, you can create your own unique Runes or contribute to the growing community of Rune creators.

Where Can I Check Rune Market Caps?

In order to form a holistic view of the market cap of Runes, you can do so on the OKX exchange. Which is an excellent resource for looking at Rune market caps, as well as a good choice for buying and selling them. This big exchange was one of the first movers in the Runes ecosystem and provides detailed and correct information on the value and popularity of different Runes.

Runes OkeX

How Can I Monitor Block Confirmations?

For monitoring block confirmations, Mempool is the perfect tool for this use. It provides real-time updates on the status of transactions, in that way, you are ensured that your Rune purchases and sales are processed smoothly and without delays.

What Wallet Should I Use for Runes and Ordinals?

Wallets are similar to classic Web3 wallets. Some exchanges offer their own wallets, but the best wallets are the ones that are in your own self-custody. Xverse is one of the preferred wallets for storing and managing Runes and Ordinals. With a secure and intuitive interface, it makes it easy to keep track of your digital assets.

If you want to start tracking the contents of your wallet, then Ordiscan is the perfect tool to use. Similar to Etherscan, you can view your Rune and Ordinal holdings, transaction history, and more.

Remember, this is just the beginning for Runes. As the ecosystem continues to grow and evolve, new tools and resources will become available. Also, always manage your risk and only invest what you can afford to lose.

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