Orchid (OXT) Explained in 6 Easy Steps

Orchid is a network that offers VPN services by cryptocurrency payments. The symbol of its cryptocurrency is OXT.

1. When was it founded and by whom?

It is a project created under Orchid Labs founded by the co-founders Dr. Steven Waterhouse, Jay Freeman, Brian j. Fox, and Gustav Sminsson, who have made significant contributions in the areas of blockchain, finance, and technology. The project started in 2017 and its coin (OXT) was launched into the market in December 2019.

2. OXT’s infrastructure

OXT is based on Ethereum network.

3. What does it offer to users?

Orchid network has a system in which two groups called ‘bandwidth users’ and ‘bandwidth seller’ are active. With a mobile app, trading between these two groups become easy and web surfing becomes private. Unlike other VPNs, Orchid servers do not pose a risk and offer a secure browsing experience. It is the first token-incentivized, peer-to-peer private network in the world.

4. Can OXT be mined?

OXT is a type of cryptocurrency that can be obtained by mining activities. Anyone who is experienced in mining on Ethereum network can perform mining activities.

5. All-time low, all-time high (ATH), and total supply

OXT’s all-time low price was $0.1059 on March 13th, 2020 while all-time high price was $1.02 on April 5th, 2021. Circulating supply of the cryptocurrency is 682,402,109 OXT and the total supply is 1,000,000,000 OXT.

6. How to trade OXT on Paribu?

By clicking on the link, you can trade OXT on Paribu.

Bu içerik en son 26 October 2022 tarihinde güncellenmiştir.


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