How to buy Orchid Protocol (OXT) in Australia

Orchid Protocol
OXT- USD
POLYCHAIN-CAPITAL-PORTFOLIO
$0.51
+ $0.08 ( + 18.27%)

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How to buy Orchid Protocol

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Orchid Protocol.

  1. Open an account on an exchange that supports OXT.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Orchid Protocol.
  3. Buy Orchid Protocol.
    Complete your Orchid Protocol purchase and then find the best wallet to store OXT.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Orchid Protocol?

Essentially, Orchid is considered a blockchain platform providing users with seamless access to a global, decentralised network of VPN service operators. Alternatively, Orchid serves as a P2P marketplace wherein VPN providers can interact with other users, allowing them to facilitate direct monetary transactions.

OXT is the native token of the Orchid ecosystem and is used to facilitate all money-based processes taking place within the network. For example,OTX can be used to buy bandwidth from various service providers on a “pay for what you use” basis.

Orchid Protocol (OXT) is the 241st largest cryptocurrency in the world by market cap, valued at $286,751,922. The current price of Orchid Protocol is $0.489633, which is 11.591% higher than yesterday. Prices have ranged between $0.511242 and $0.425845 over the past 24 hours. All prices are listed in US dollars and accurate as of October 18, 2021 03:10 UTC.

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.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID
AUD

308
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 290 cryptos.
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID
AUD, NZD

284
cryptocurrencies

Finder Exclusive: Receive $10 BTC on Sign up and Verification.
Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
Binance Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Osko, PayID
USD, AUD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH & 40+ more

272
cryptocurrencies

Promo: New users earn up to USD 100 in bonus rewards on qualified deposits and trades. Valid till 31 December 2021. T&Cs apply.
Binance is the world’s largest exchange by trading volume. Get started with instant zero fee AUD deposits and withdrawals in Australia, and enjoy low trading fees, a wide selection of cryptocurrencies and 24/7 local customer support.
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID
AUD

276
cryptocurrencies

Finder Exclusive: New members get $10 bonus after verification. T&Cs apply.
An Australian based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD.
Coinstash Cryptocurrency Exchange
Coinstash Cryptocurrency Exchange
Cash, Bank Transfer (PayID/Osko/BPAY)
AUD

123
cryptocurrencies

Buy 120+ different cryptocurrencies using AUD with competitive trading fees in the Australian market.
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

434
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

814
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
Gemini Cryptocurrency Exchange
Bank transfer (ACH)
USD, AUD, CAD, EUR, GBP, SGD, HKD

48
cryptocurrencies

Trade bitcoin, Ethereum and more at a US-based exchange where payments can be made in USD.
OKEx Cryptocurrency Exchange
Bank transfer, Cryptocurrency, iDEAL, PayPal, POLi, SEPA, Faster Payments (FPS)
USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP & 20+ more

271
cryptocurrencies

Promo: Earn US$10 in BTC when you refer a friend and they purchase $100 of cryptocurrency. T&Cs apply.
Listing over 100 cryptocurrencies, OKEx offers its users a variety of payment methods and coins to choose from.
Bittrex Global
Bank transfer, Credit card, Cryptocurrency, Debit card
USD

280
cryptocurrencies

Buy from one of the largest cryptocurrency exchanges with a selection of over 190+ cryptocurrencies and 3 USD pairings.
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Compare up to 4 providers

Orchid Protocol at a glance

Information last updated October 18, 2021 03:10 UTC.
Coin symbolOXT
Coin MarketcapUS$286,751,922
Total OXT supply1,000,000,000
Circulating OXT591,544,729
Current priceUS$0.489633
All time highUS$1.03
All time high dateApril 05, 2021
Notable team membersDr Steven Waterhouse, Jay Freeman, Brian J. Fox, Gustav Simonsson
PartnershipsChainlink, Bloq, PrivateInternetAccess, BolehVPN, VPNSecure, LiquidVPN
IndustryVPN
Token usesUtility token
NetworkEthereum

Orchid Protocol price performance over time

Historical prices compared with the price of US$0.489633.

1 hour 2.96%
24 hours 11.59%
7 days 41.86%
14 days 47.27%
30 days 30.26%
60 days 36.66%
200 days -32.11%
1 year 95.28%

How to sell Orchid Protocol

You can cash out your OXT with the same exchange you bought it through:

  1. Sign in to the exchange you have OXT on.
    If you store your Orchid Protocol in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of OXT you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Orchid Protocol.

What to consider when buying Orchid Protocol

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.

Disclaimer: Cryptocurrencies, including Orchid Protocol, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of OXT 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 Orchid Protocol or any other cryptocurrency discussed.

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