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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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