Buy Orchid (OXT)

oxt
$0.1753
+3.40%

Global Rank

#538

Market Cap

$29.8M

24hr Volume

$5.9M

24hr Change

+3.40%

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Orchid

What is Orchid (OXT)?

Orchid takes a new approach to digital privacy with the first peer-to-peer, incentivized privacy network. On the network, anyone can buy and sell bandwidth using the Orchid digital currency (OXT). Users can browse privately and access content without being limited by their geography. With its decentralized design, multi-hop architecture, and Open Source ethos, Orchid offers users unprecedented digital privacy in a trustless context.

Orchid offers a decentralized VPN service built on the Ethereum network and powered by the Orchid network. The network consists of users on one hand who want to access the VPN services and bandwidth providers that are running network nodes and providing the bandwidth on the other hand. To bring those two together and align their interests, Orchid has issued the orchid token (OXT). The token allows users to pay for services on the go, and bandwidth providers stake Orchid tokens as a reward for acting as a network node.

How to Buy Orchid in Australia

  1. Signup for free
  2. Verify your account
  3. Deposit AUD instantly
  4. Buy OXT

Frequently Asked Questions

Where is the best place to buy Orchid ?

The best place to buy Orchid is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Bitcoin and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.

Is Swyftx Safe to buy Orchid ?

Yes, Swyftx is a safe and secure platform to buy and sell Orchid (OXT). Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security.

Swyftx is a AUSTRAC registered exchange that conducts regular security audits and maintains strict compliance with Australian Anti-Money Laundering and Counter-Terrorism Financing Laws.

You can find more information on our security practices here.

How is the price of OXT determined?

The price of OXT is determined by the forces of supply and demand in the market. Similar to other assets, the price of Bitcoin is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Bitcoin are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

What deposit methods does Swyftx support?

You can deposit Australian dollars (AUD) into Swyftx via a number of methods including:

  • Bank transfer
  • OSKO
  • PayID
  • POli
  • Credit or debit card

Swyftx also allows you to deposit cryptocurrency from another wallet into your account.

Can I buy Orchid with credit card?

Swyftx does not allow you to directly buy Orchid with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy OXT instantly.

What are Swyftx's trading fees?

Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.

Dislcaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.