Best Bitcoin NFT Marketplaces

Best Bitcoin NFT Marketplaces

We conducted lengthy research into the top Bitcoin NFT marketplaces, analyzing factors such as trading volume, user activity, fee structures, and unique platform features. Our goal was to identify the platforms that truly stand out in supporting Bitcoin Ordinals, multichain functionality, and smooth user experiences.

As a result, we've compiled the following table to give you a quick overview before we jump into the finer details of each platform.

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1. Magic Eden

According to our data, Magic Eden is the best Bitcoin NFT marketplace, thanks to its excellent multichain support and early adoption of Bitcoin Ordinals. Beyond Bitcoin, the platform supports eight other chains, including Solana, Ethereum, and Apecoin, with Monad integration on the horizon.

As one of the first marketplaces to offer a unified space for trading Bitcoin Ordinals, Magic Eden has been instrumental in driving Bitcoin NFT adoption, now hosting an impressive 55.4% of the Bitcoin NFT market volume. Users can trade Bitcoin NFT collections and Runes, inscribe their own Ordinals, or participate in early launchpads directly on the platform.

To simplify the multichain experience, Magic Eden offers its native crypto wallet, organizing transactions across supported chains. Buyers should note that, along with the mandatory Bitcoin network fee, a 2% taker fee is applied to transactions.

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2. OKX

OKX is the top centralized exchange for trading Bitcoin NFTs, thanks to its early adoption of Web3 wallet functionality and a dedicated BRC-20 and Ordinals marketplace. This integration highlights the platform's ability to identify and capitalize on emerging on-chain trends quickly.

A key benefit for users is the presence of the Bitcoin NFT marketplace within the same platform they already use for centralized trading. With just a tap, users can access their OKX wallet and explore the Bitcoin NFT listings, providing a familiar and convenient experience.

OKX also exhibits impressive liquidity, with total unique users currently at 308,000 and projected to surpass Magic Eden's 316,000 at its current growth trajectory. Competitors like Binance and Gate.io have also launched crypto wallets and Bitcoin NFT marketplaces, but their volumes remain negligible, underscoring how OKX's early initiative is now paying it dividends.

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3. UniSat

UniSat shines as the best native Bitcoin NFT marketplace, offering high liquidity, decent trading volume, and a large base of active traders. The platform allows users to safely trade, inscribe, and manage BTC tokens while browsing Bitcoin inscriptions across categories like Images, Text, Video, and Audio.

A major advantage of UniSat is its pioneering role in developing the first open-source browser wallet for Ordinals, promoting user control and transparency. Moreover, users can bridge Bitcoin NFTs to Fractal (a Bitcoin sidechain powered by Bitcoin Core) directly within the platform.

Traders can inscribe and trade a wide range of Bitcoin-native assets, including Ordinals, Atomicals, Runes, and BRC-20 tokens. Fee structures are user-friendly, with Bitcoin NFT collection fees set at either 0% or 0.5%, depending on whether users have earned over 500 UniSat points; a metric tied to their activity in inscribing or interacting with the Bitcoin ecosystem.

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4. Satflow

Satsflow, formerly known as Ordinals Market, has rebranded to establish itself as the go-to marketplace for professional Bitcoin NFT traders. Offering a “mempool-first” view, it provides real-time insights into Bitcoin transactions, blocks, and trading activity, making it a powerful tool for serious traders.

The platform is famous for its highly active user base and an exceptional interface that allows for efficient scalping of both Ordinals and Bitcoin Runes. Satflow supports multiple wallets, including Xverse, UniSat, and OKX, giving users flexibility in managing their assets.

Satflow charges 0% marketplace fees and offers a host of advanced trading features, including unlimited collection bids per wallet, buy/sell cancellation, and bulk Ordinal bidding. To further incentivize activity, users earn Flux points through its Satflow Flux Rewards program, raising usage on the platform.

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5. Gamma

Gamma is a standout Bitcoin NFT marketplace, hailed by many as the best platform for BTC crypto artists. While its trading volume may not rival that of larger competitors, Gamma excels in curating and showcasing the unique art inscribed on Bitcoin.

The platform's beautifully designed website prominently features a curated collection section on its homepage, highlighting trending or recently minted collections. Gamma also hosts a diverse array of exclusive drops and prints, some of which are only available on its platform, making it a hub for art-focused creators and collectors.

In addition to its Bitcoin NFT offerings, Gamma operates a secondary marketplace for Stacks, a leading Bitcoin Layer 2 network. This integration expands its appeal, combining the artistry of Bitcoin NFTs with the versatility of the Stacks chain.

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Best Bitcoin Ordinals Collections

Bitcoin Ordinals collections represent some of the most exciting opportunities in the once again booming Bitcoin NFT market. With Ordinals now capturing a 34.4% market share compared to Ethereum NFTs, these collections are becoming increasingly attractive for traders.

Based on our in-depth research, here are the top Bitcoin Ordinal collections right now, ranked by demand, market capitalization, and 30-day volume:

• Bitcoin Puppets: With a market cap of $163 million, this collection has a floor price of 0.18 BTC. It features 10,001 total items with 6,593 unique owners.
• NodeMonkes: Valued at $108 million, NodeMonkes boasts a 0.12 BTC floor price. The collection includes 10,000 total items, held by 5,461 unique owners.
• Ordinal Maxi Biz (OMB): This collection has a $69 million market cap and a 0.15 BTC floor price. Its 5,243 total items are owned by 3,878 unique collectors.
• Quantum Cats: Known for its exclusivity, Quantum Cats holds a $62 million market cap with a 0.21 BTC floor price. The collection consists of 3,333 items owned by 2,427 individuals.
• Runestone: This expansive collection has a $52 million market cap with a 0.005 BTC floor price. Its 112,400 items are distributed among 72,947 unique owners.
• Bitmap: A high-volume collection valued at $44 million, Bitmap has a 0.0006 BTC floor price. Its 793,699 items are owned by 45,614 collectors.
• Bitcoin Frogs: With a $28 million market cap and a 0.032 BTC floor price, this collection features 10,000 items held by 5,529 unique owners.

Now that you’re familiar with the leading Bitcoin Ordinal collections and the top marketplaces for trading Bitcoin NFTs, you have a solid foundation to research deeper and make well-informed decisions.

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How to Make and Sell Bitcoin Ordinals

Creating and selling Bitcoin Ordinals has never been easier, thanks to platforms like those mentioned in this article. Each provides tools for inscribing and listing Bitcoin NFTs directly on their marketplaces.

For this tutorial, we’ll use Ordinals Wallet, another native and non-custodial wallet and marketplace designed specifically for Bitcoiners. Here’s a quick step-by-step guide:

1. Go to the Ordinals Wallet website and create a wallet.
2. Secure your seed phrase and log in to access your wallet.
3. Deposit Bitcoin into your wallet to cover network fees and inscription costs.
4. Navigate to the "Inscribe" section and upload the file you want to turn into an Ordinal.
5. Pay the Bitcoin network fees to complete the inscription process.
6. Locate your inscribed Ordinal in your wallet and select the "List for Sale" option.
7. Set your desired price in BTC and confirm your listing.
8. Share your listing link to attract buyers and track offers directly in your wallet.

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Why are Bitcoin NFTs so Popular?

Bitcoin NFTs are quite popular simply because they redefine Bitcoin's utility, offering a new use case beyond being just "digital gold", attracting both crypto artists and experienced traders. In 2024 there are over 70.3 million inscriptions, generating $275 million in cumulative fees for Bitcoin miners.

The foundation for Bitcoin NFTs was laid in 2021 with the activation of Taproot, a significant Bitcoin upgrade that improved transaction efficiency and made innovations like Ordinals possible. The BTC NFT trend began in 2023 when Casey Rodarmor introduced Ordinals and inscriptions, starting a revolution and separation among Bitcoin users.

Initially, trading Bitcoin NFTs was cumbersome, requiring person-to-person transactions. This created a race to build the first Bitcoin NFT marketplaces, and nearly two years later, those early movers have captured substantial market share, dominating the space and affirming their position in this emerging market.

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Bottom Line

Ordinals created a new crypto narrative last year, and platforms like Magic Eden and UniSat filled the biggest product gap of a unified space for trading all types of Bitcoin NFTs.

Now, with Bitcoin rallying to new all-time highs every week, the hunt for the best altcoin alpha buy is intensifying. However, perhaps the best play doesn’t need to leave the Bitcoin chain as it could already be on it, inscribed and waiting to pump.

While nothing is guaranteed in this space, with our list of the best Bitcoin NFT marketplaces, you’re equipped to take the next step in exploring Bitcoin as a trader, artist, or collector from within.