The Bitcoin Name Service System (BNSx) protocol has been integrated with OKX Wallet. Users of OKX Wallet can sign up and make use of straightforward, human-readable registration thanks to this innovative integration.Instead of requiring complicated Bitcoin addresses, bnsx domain names can be used.
BNSx is a decentralized naming protocol that allows users to connect memorable domain names to their Bitcoin addresses. It is built on top of the Lightning and Bitcoin networks. BNSx enables quick, affordable, and private transactions with registered names by utilizing RGB smart contracts and the Lightning Network.
Now that this integration has been made, users of OKX Wallet can register.bnsx domains inside the app and have them instantly connected to their wallet’s Bitcoin receive addresses. When Bitcoin is sent to a registered.bnsx name, the owner’s associated OKX Wallet will automatically receive it.
To further streamline the procedure, users can send Bitcoin to other.bnsx domains by mapping the recipient’s domain to their Bitcoin address.