What kind of currency is ORAI coin? Where to trade and buy ORAI coins?

ORAI Coin, the native digital asset of the Oraichain ecosystem, serves as a utility token for staking, data access, and governance voting within the decentralized oracle platform.

Oct 04, 2024 at 06:24 pm

What is ORAI Coin?

Overview:
ORAI Coin is the native digital asset of the Oraichain ecosystem, a decentralized oracle platform that provides reliable, tamper-proof, and affordable data for smart contracts. It is a utility token used for the following purposes within the Oraichain ecosystem:
- Staking to participate in the platform's Proof-of-Stake consensus mechanism for rewards
- Paying for data feeds and accessing oracle services
- Governance voting to determine the direction of the platform's development
Technical Specifications:
- Token name: ORAI Coin
- Blockchain: Ethereum, Polygon, and Fantom
- Token standard: ERC-20, BEP-20, and FTM
- Initial token supply: 100,000,000 ORAI
- Circulating supply: Approximately 70% of total supply

Where to Trade and Buy ORAI Coins?

Centralized Exchanges:
- Binance
- KuCoin
- Gate.io
- Bybit
- Huobi Global
Decentralized Exchanges (DEXs):
- PancakeSwap (Binance Smart Chain)
- Uniswap (Ethereum)
- SushiSwap (Ethereum)
- SpookySwap (Fantom)
Fiat-to-Crypto Gateways:
- MoonPay
- Binance Connect
- Simplex

Steps to Buy ORAI Coin:

Register on a centralized exchange or DEX that supports ORAI Coin trading.
Verify your identity for KYC compliance if required.
Deposit funds into your exchange account or DEX wallet.
Search for the ORAI/USDT or ORAI/ETH trading pair.
Place a buy order for the desired amount of ORAI coins.
Once the order is executed, ORAI coins will be credited to your account or wallet.

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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

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