#OXT coin is an ERC-20 based cryptocurrency.
The #Orchid coin (OXT) is the local token of Orchid, a virtual secret network (VPN) powered by cryptocurrency. Launched in December 2019, Orchid describes itself as "the world's first promoted, peer-to-peer privacy network." Orchid's goal is to overcome internet freedom restrictions by using cryptocurrency payments to allow anyone to purchase bandwidth from any participating provider. This is done using very small payments using OXT, an ERC-20 standard token in Ethereum.
In this article, we will discuss issues such as "Orchid coin Binance, where to buy Orchid coin, OXT Token, OXT, OXT Coin".
Content Guide
What is OXT Coin?
Orchid Coin Review
Orchid Coin Price
How to Buy Orchid Coin?
What is OXT Coin?
OXT coin is an ERC-20 based cryptocurrency. Users gain various advantages on the platform thanks to the OXT token.
In addition, Orchid platform users pay only when using the VPN service and there is no participation fee or monthly / annual fee when the service is closed. In addition, users can instantly start working with a different provider if they do not like the providers on the Orchid network. According to the explanations, this change can be made very easily thanks to the easy-to-use interface. Also, users can run their accounts on different devices and share them with family or friends. Thus, many accesses can be achieved through a single account.
On the other hand, the Orchid network provides a decentralized virtual private network (VPN), allowing users to purchase bandwidth from a global pool of service providers. To do this, Orchid uses a digital currency called OXT, a new VPN protocol for an incentive bandwidth proxy, and smart contracts with algorithmic advertising and payment functions. Orchid's users connect to bandwidth vendors using a provider directory and pay using probabilistic small payments. Thus, Ethereum transaction fees in packages are acceptably low.
Additionally, OXT is a "pre-mined" cryptocurrency based on the ERC-20 standard that will be used to build trust between buyers and sellers in the Orchid market. At the same time, the OXT token serves as a tool to promote security and healthy market dynamics, as providers can adjust OXT shares to increase competition.
Orchid Coin Review
After the Orchid coin is listed on major exchanges such as Binance, it continues on its way with more reliable steps. Looking at the price chart, it is seen that investors have taken cautious steps against the OXT token, but there have been increases in the price recently.
However, the interest in OXT token is expected to increase in the coming days, especially due to the innovations and privacy brought by the platform.
Orchid Coin Price
Before answering the question of “where to buy Orchid coin”, it will be useful to look at the current figures and data of OXT.
According to CoinMarketCap data, OXT token ranks 91st in terms of market value with a transaction volume of 110,794,506 USD. It can be stated that the OXT coin, which was traded at $ 0.3014 at the time of writing the article, was traded with 0.00002769 BTC against Bitcoin.
In addition, it is worth noting that OXT saw the lowest level with $ 0.1059 on March 13, 2020 and the highest level with $ 0.9437 on August 16, 2020. Finally, there are currently 367,584,352 OXTs in circulation and the total supply is stated to be 1,000,000,000 OXTs.
How to Buy Orchid Coin?
You can buy OXT tokens quickly and easily with Binance , the cryptocurrency trading platform with the world's largest transaction volume .