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How to buy Orchid Protocol (OXT)

Learn how to buy Orchid Protocol (OXT) in our step-by-step guide.

OFFER

eToro USA LLC Cryptocurrency Trading

eToro USA LLC Cryptocurrency Trading logo
  • Trade OXT and 51 other cryptos
  • Instant buy with USD & advanced trading options
  • Get $15 when you sign up and buy $100 of crypto. T&Cs apply.
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Disclaimer: eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.

Orchid Protocol (OXT) is in the top 1,000 cryptocurrencies by market cap, valued at $38,088,846.

Orchid Protocol is a highly volatile asset capable of major price swings in a single day. Today OXT is trading for $0.064472, which is slightly down from yesterday's trading price of $0.0665212812. Orchid Protocol's seen a decrease of -50% over the past year.

So before you buy Orchid Protocol, make sure you understand these unique risks as well as its legal, regulatory and tax status here in the US.

If you're ready to get started, read on for step-by-step instructions and a list of platforms you can buy Orchid Protocol.

How to buy Orchid Protocol in 4 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Orchid Protocol is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit USD using the payment method that best suits you – cryptocurrency, card and bank payments are widely accepted.
  4. Buy Orchid Protocol
    You can now exchange your funds for Orchid Protocol. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Orchid Protocol to your personal wallet.

Where to buy Orchid Protocol

Find an exchange to buy, sell and trade OXT by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

1 - 5 of 8
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Finder Award
OFFER
eToro USA LLC Cryptocurrency Trading
Bank transfer, Debit card, PayPal, Wire transfer
USD

52
cryptocurrencies

Get $15 when you sign up and buy $100 of crypto. T&Cs apply.
Disclaimer: eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.
OFFER
Uphold - Digital Asset Platform
Bank transfer, Credit card, Debit card, Bank transfer (SEPA), Apple Pay, Google Pay
USD, GBP, AUD, EUR, CAD, CNY, JPY, SGD, INR, NZD

231
cryptocurrencies

Refer a friend to earn US$20 — $10 for you and $10 for the person you refer. T&Cs apply.
OFFER
KuCoin Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal, P2P, Zelle
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND

744
cryptocurrencies

Sign up and get up to US$10 in rewards. Make trades to get up to US$500 in rewards. T&Cs apply.
Finder Award
Kraken Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Apple Pay, Google Pay, SWIFT, ACH online banking
USD, EUR, CAD, AUD, GBP, CHF, JPY, AED

188
cryptocurrencies

OFFER
Gemini Cryptocurrency Exchange
Bank transfer (ACH), Cryptocurrency, Debit card, PayPal, Apple Pay, Google Pay, SWIFT
USD, AUD, CAD, EUR, GBP, SGD, HKD, COP

102
cryptocurrencies

Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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How we keep this Orchid Protocol guide up-to-date

  • OXT price data is regularly updated through data feeds so you always have the latest information.
  • Orchid Protocol performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.

How do I find the best places to buy Orchid Protocol?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

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What will I need to buy Orchid Protocol?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Orchid Protocol.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing OXT with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.
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What are the best ways to buy Orchid Protocol?

Once you've created an account, you will need to deposit funds to buy OXT with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to to buy OXT:

  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase OXT by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for OXT on the spot market to see what cryptocurrencies it can be traded for.
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What is the easiest way to buy Orchid Protocol?

The easiest way to buy OXT is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

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Best Orchid Protocol wallets to store your OXT

You can keep your OXT on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your OXT below.
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Ledger Nano X Wallet
★★★★★ 4.6

Price (USD)
$149
Supported assets
5,500+
Go to site

Trezor Model T Wallet
★★★★★ 4

Price (USD)
$186
Supported assets
1,317+
Go to site

SafePal S1 Wallet
★★★★★ 4

Price (USD)
$49.99
Supported assets
30,000+
Go to site

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Is Orchid Protocol a good investment?

Investing in any cryptocurrency should not be taken lightly due to price volatility. Due diligence on both the platform and tokenomics should always be completed. Here are some things to consider for Orchid:
  • Unique Setup: Orchid seeks to play a major privacy-preserving role in Ethereum’s web3 stack. It does so by offering users an incentivized peer-to-peer privacy network — that has been bolstered through a decentralized VPN module — thereby allowing them to gain private access to the world wide web in a highly secure fashion. In terms of payment, users are required to pay Orchid node operators to meet their bandwidth requirements. Similarly, VPN operators using the protocol need to stake OXT tokens in order to sell their bandwidth. Prospective users can view a detailed list of all the available VPN operators using an Ether smart contract.
  • Solid backing team. The team behind Orchid boasts of individuals like Dr. Steven Waterhouse, who is the cofounder of Pantera Capital and RPX as well as a board member for prominent cryptocurrency exchange Bitstamp. Other prominent members include Jay Freeman — the man behind Cydia, a market for jailbroken iPhones — and Gustav Simonsson, a digital scientist and ethical hacker who previously worked for the Ethereum Foundation.
  • Industry support. Since Orchid Labs’ inception, the team responsible for creating the Orchid protocol has raised money from several mainstream players, including reputable venture capital firms such as Andreessen Horowitz, Sequoia and Polychain Capital. Not only that, the company has also been able to rope in support from numerous high-profile angel investors such as Roger Ver, Naval Ravikant, Gavin Wood and more.
  • Limitations. While the idea behind Orchid is quite innovative, some online reviewers report web browsing speeds can drastically dip at specific times, causing a less than ideal browsing experience — especially when streaming high-quality videos or playing multiplayer games online.
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Today's Orchid Protocol price versus ATH

Compare today's price of Orchid Protocol ($0.064472 USD) against its all-time high (ATH) price of $1.03 on April 05, 2021. The closer the bar is to 100%, the closer OXT is to reaching its ATH again.

Current price: $0.064472
All time high: $1.03
6%
93%

How do I trade, convert or sell Orchid Protocol?

You can convert or sell your OXT with the same exchange you bought it through:
  1. Sign in to the exchange you have OXT on.
  2. If you store your Orchid Protocol in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of OXT you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Orchid Protocol.
  6. Complete your transaction and move your OXT to a wallet for storage.
Read more

How to buy other cryptos


Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.

Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
KuCoin Cryptocurrency Exchange
OFFER
KuCoin Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal, P2P
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND

743
cryptocurrencies

Sign up and get up to US$10 in rewards. Make trades to get up to US$500 in rewards. T&Cs apply.
Binance Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, P2P
USD, AUD, GBP, EUR, RUB, TRY, NGN, UAH, PHP, CZK & 60+ more

370
cryptocurrencies

Gate.io Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

1607
cryptocurrencies

eToro Cryptocurrency Trading
eToro Cryptocurrency Trading
Bank transfer, Credit card, Debit card, Neteller, Skrill
EUR, GBP, NZD, USD, AUD, CAD, HKD, SGD, CHF, NOK & 5+ more

78
cryptocurrencies

Disclaimer: Volatile investment product. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Kraken Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Apple Pay, Google Pay, SWIFT
USD, EUR, CAD, AUD, GBP, CHF, JPY, AED

222
cryptocurrencies

OKX Cryptocurrency Exchange
Bank transfer, Cryptocurrency, iDEAL, PayPal, POLi, SEPA, Faster Payments (FPS)
USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP

338
cryptocurrencies

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