How to Buy Orchid (OXT)
Looking to enhance your privacy when browsing on your mobile phone?
You may want to consider Orchid, a cryptocurrency-powered VPN service built for users wishing to take back control of their digital data.
Thanks to an encrypted peer-to-peer connection and a decentralized network of servers, on Orchid, your privacy and data is hidden from third parties looking to capitalize on your data.
Not sure yet why you’d want to buy OXT? Feel free to read our ‘What is Orchid?’ guide. It offers a more extensive breakdown of its technology and vision.
Ready to dive in?
If you just want to start buying OXT right away, click the button below to begin.
Why buy OXT?
While OXT is primarily used to purchase bandwidth, that’s not the only reason you might be interested in this innovative crypto asset.
You may also consider buying OXT if you want to:
- Diversify your long-term investment strategy
- Invest in projects building a decentralized, open and private internet
- Stake OXT to advertise your bandwidth for sale
- Support the development of applications on Ethereum.
Where can I buy OXT?
There are a number of ways to buy OXT. However, many find that it is easiest to purchase it through a trusted global exchange like Kraken.
Aside from offering the lowest fees in the industry, Kraken is constantly rated one of the most secure and trusted crypto exchanges in the world. This matters because if you lose the private key to your OXT, it can be challenging if not impossible to recover your funds.
At Kraken, we take security seriously, with tested technology and rigorous procedures designed to safeguard funds. We don’t cut corners when it comes to security, and neither should you.
How much OXT can I buy?
Looking to buy OXT on a budget? Don’t worry, Kraken offers a minimum order size of 25 OXT to help you gain exposure to a variety of assets.
Of course, you can also execute larger OXT buy orders as well. It wouldn’t be out of the ordinary for larger traders to purchase or trade 25,000 OXT or more on Kraken.
How to buy OXT on Kraken
Follow the steps below to start buying OXT on Kraken:
Sign up for a Kraken account.
First, enter a valid email address, create a new username and set a strong password to protect your account.
Verify your account.
After providing your name, date of birth, country of residence and phone number, you can buy OXT with cryptocurrencies like ETH and DASH. In order to use fiat currency (i.e. USD or EUR), you’ll need to provide our experts with additional supporting documents verifying your identity. Read about our verification processes here.
Deposit fiat currency.
You can fund your account in a number of ways. How you do so will depend upon your location and preferences.
Once your account is funded with fiat, you’re ready to purchase OXT. At this point, you’ll also gain access to our advanced charting tools, 24-hour global client support and the ability to utilize spot trading on margin*, features that help make the Kraken experience beloved by millions of global traders.
*Availability of margin trading services is subject to certain limitations and eligibility criteria.
24/7/365 Customer Support
Trading is really pretty simple! If you have any questions about buying OXT, let us know. Our support staff is online all day, every day, ready to help.
You can reach us anytime on LiveChat or by email.
Where to keep your OXT
Once you buy OXT, you’ll need somewhere to safely store your cryptocurrency.
Kraken is secure, but it’s always safest to keep your OXT in a wallet, a software or hardware device that stores the public and private keys required to make crypto transactions.
Orchid is a platform built on top of Ethereum, meaning OXT can be stored in an Ethereum wallet, of which there are many. Mobile and web wallets can make transactions easy, while hardware wallets are perhaps best suited for secure, long-term storage.
When choosing a crypto wallet for your OXT, first spend some time thinking about what you plan to do with your tokens to find a wallet that fits your needs.
Kraken is not a wallet service
It is important to note that Kraken is an exchange service and not a wallet service. So while we allow our clients to hold OXT in their accounts, we highly encourage you to separate your OXT holdings into multiple wallets.
Start buying OXT
Ready to take the next step toward using a decentralized VPN? Click the button below to buy OXT on Kraken today!