Orchid is a decentralized VPN service (virtual private network), with the native cryptocurrency OXT that is used for payment on the Orchid network. The project positions itself as the world’s first network that provides privacy in a peer-to-peer network.
What is Orchid (OXT)?
The OXT cryptocurrency is used to pay for bandwidth on the Orchid network. The crucial point is that the fee is charged exclusively when you use the VPN service, in addition, you can share your account with anyone you want. Orchid was developed on the basis of the Ethereum blockchain, so you can store OXT on any wallet that supports the ERC20 standard. As of 11 June 2021, Orchid’s market capitalization is $221,773,514, and the price for one coin is $0.3. The all-time high was reached in April 2021, when the price per one coin was 0.8 cents, and the minimum price per coin (0.1 cents) was set in March 2020.
Why should I trade Orchid?
If the privacy and anonymity of your data and location are significant for you while surfing the Internet, then Orchid is what you are looking for. Orchid is a decentralized VPN service that allows you to maintain control over your data and provides unprecedented confidentiality. While OXT cryptocurrency allows you to easily and conveniently pay for the services. Back in January 2021, the price for one OXT coin was $0.2, and in April 2021, the price increased to almost $1. Therefore, it is a good idea to add a coin to your crypto portfolio and make money on the exchange rate change.
Where to trade Orchid?
To buy and sell OXT, you can use convenient cryptocurrency exchange platforms. Some of them are listed below:
- Binance – the most famous cryptocurrency exchange, with a high trust rating.
- Bittrex – one of the largest and most popular platforms for trading cryptocurrencies.
- 7b – reliable and simple crypto broker app.
How to trade Orchid using the 7b crypto broker app?
Buying and selling OXT will not take you more than 10 minutes, as the 7b team has tried to make the process as comfortable and clear as possible. Just follow the simple instructions:
- Download 7b app and sign up for an account.
- Transfer the funds to your account.
- Select the desired trading pair.
- Enter the transaction details.
- Confirm the transaction and get a “Success” message.
Is Orchid a good investment?
Yes of course! Orchid is a good short-term investment. Orchid is becoming more and more popular among traders, you can easily make money on price changes. Buy OXT now at $0.32, keep an eye on changes in the price rate, and sell at the right time.
How do I invest in Orchid?
If you want to invest in OXT then the best place is here on 7b. Our crypto broker app provides the best bets on the market, with over 2000 cryptocurrencies to buy or sell. Follow the simple instructions and soon you will become the proud owner of OXT coins.
How to trade Orchid for beginners?
Our 7b platform is suitable for both beginners and experienced users. All you need to do is sign up for an account, choose a trading pair and start trading. Carefully analyze the market and choose the right trading strategy.
What is Orchid Blockchain?
Orchid is a decentralized VPN service with its native cryptocurrency OXT to pay for bandwidth and services. Designed to ensure the security of your data and location.