Why buy Orchid with Kraken?

About Orchid

What can you do with Orchid?

Swap Orchid for other assets

Learn more about Orchid

1. How does Orchid work?

   Unlike traditional currencies, Orchid is not issued or maintained by a centralized government entity. Instead, a decentralized network of computer nodes is responsible for maintaining Orchid. This decentralization means the holders and users of Orchid can help to maintain the network.

   ---

2. Where can I buy Orchid?

   Most find that the easiest and most secure way to purchase Orchid is through a reliable cryptocurrency platform like Kraken. While Orchid can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like Orchid.

   ---

3. How much does 1 Orchid cost?

   At the current market rate, it costs $0.11 to purchase one OXT. Kraken makes it easy to buy & sell Orchid with confidence.

   ---

4. Can I buy $100 worth of Orchid?

   Yes, Kraken offers a secure and easy to buy $100 worth of Orchid. At its current price, $100 equals 877.22 OXT.

   ---

5. Is it safe to buy Orchid?

   Kraken employs advanced security measures, including encryption and account protection, to ensure your Orchid purchase is secure. However, while Kraken provides a secure platform, market volatility can still affect your Orchid investment. You should do your own research on Orchid price before buying.

   ---

6. Is Orchid available to buy and sell in my country?

   
   To find out if Kraken offers Orchid in your region, please check our Support article to see what cryptoassets are available in your country.
   

   ---

7. Is Orchid a good investment?

   The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, Orchid may be a worthwhile purchase.

   ---

8. Can I purchase Orchid using my local currency?

   Kraken supports six different government-issued fiat currencies including:

   • US dollars (USD)
   • Euros (EUR)
   • Canadian dollars (CAD)
   • Pounds sterling (GBP)
   • Swiss franc (CHF)
   • Australian dollar (AUD)

   ---

9. How much is Orchid transaction fee?

   Kraken offers competitive fees for Orchid transactions, which are influenced by the trading amount and payment type. Learn more about Kraken’s fee structure.

   ---

10. What is the minimum amount of Orchid I can buy?

    You can buy as little as $10 worth of Orchid on Kraken. Kraken also allows you to set up recurring buys (charges apply) so you can continuously accumulate small amounts of Orchid regularly.

    ---

11. How to buy Orchid with PayPal?

    To buy Orchid with PayPal on Kraken, deposit funds by selecting "Deposit" on your account homepage. Choose an asset like Orchid, select PayPal as the method and connect your PayPal account if needed. Enter the deposit amount, confirm, and once funds are added, use them to purchase Orchid.

    ---

12. How to buy Orchid with a debit card?

    You can buy Orchid using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.

    ---

13. How to buy Orchid with a credit card?

    You can buy Orchid using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.
    
    To buy Orchid using a credit card, navigate to the "Buy Crypto" section, add your card details and follow the steps to finalize the transaction. Debit & credit card purchases are available to Kraken users with Intermediate or Pro level verified accounts and residence in a supported country. Kraken accepts Visa or Mastercard that support 3D Secure (3DS) which is in the same legal name as your Kraken account.

    ---

14. How to buy Orchid with other cryptocurrencies?

    Kraken makes it easy to buy Orchid using other cryptocurrencies. If the direct trading pair is not available, you can use Kraken's Convert feature to seamlessly swap any listed crypto for Orchid. Browse the Orchid markets available on Kraken or use the Convert tool to trade between hundreds of cryptocurrencies quickly and easily. For a complete list of trading pairs, visit the Kraken support center.

    ---

15. Can I transfer Orchid from Kraken to my crypto wallet?

    Yes, the Orchid you buy on Kraken is yours. Kraken makes it easy to withdraw your Orchid to any hot wallet or cold wallet that supports Orchid. Simply enter the external wallet address and your Orchid will be in your wallet a few moments later.

    ---

16. Is it safe to keep Orchid on Kraken?

    We take every measure possible to keep the Orchid you choose to leave on Kraken secure and accessible to you. While we still believe the safest place for your crypto is in your own cryptocurrency wallet, we constantly strive to be as transparent and secure as possible when you trust us with your Orchid. Learn more about our globally-recognized security standards.

    ---

17. What is the current circulating supply of Orchid?

    The current circulating supply of Orchid is 591,480,920 OXT.

    ---

Browse more crypto buying guides

Popular markets