In this guide you’ll get information about where to buy Oraichain Token, if you are planning to buy ORAI – You’re in the right place!
Oraichain Token (ORAI) works as an oracle in the Blockchain environment. It becomes the bridge that connects the fixed environment of Blockchain with the external API that uses AI to get all kinds of information. This function gives Blockchain more information to process and integrate with the applied contract in it. We can say that Oraichain will boost the Blockchain platform growth.
Oraichain also offers a chance for AI developers to introduce and even sell their service in a Blockchain environment or platform. In short, Oraichain gives benefits for two essential aspects that will change the human future. They are Blockchain technology as the future digital financial system and AI system, which will become the core of all activities in the future.
- Official website: https://orai.io/
- Twitter: https://twitter.com/oraichain
- Telegram: https://t.me/oraichain
- White Paper: https://docs.orai.io/docs/whitepaper/introduction/
Oraichain Token (ORAI) Features
- AI Oracle. Oraichainimproves the smart contract function by allowing it to access information from external AI APIs. It produces new functions that improve the Blockchain platform performance.
- AI Marketplace. This place gives a chance for AI provider to sell their service and receiving the ORAI token as the payment. Thus, they can use that token for many features available in this marketplace.
- AI Ecosystem. This feature gives the AI provider a platform with web GUI to create their model before they sell it to the Oraichain marketplace. The ecosystem is transparent, which allows the users to see the process to avoid malicious AI providers.
- Staking & Earning. Users, as a delegator, can invest on a specific validator to support their works by using the tokens from Oraichain. And, when that validator earns from their service, the delegator also receives a commission.
- Test Case. Users can conduct a test on the AI services that are going to launch to the Oraichain network. The third parties also can join as the examiner to see whether that AI model is eligible for charging a fee for its service.
- ORAI DAO. It is the Oraichain token that users can use to manage their assets and use it in the Oraichain ecosystem.
Where to Buy, Sell and Trade Oraichain Token aka ORAI
You can basically use debit card, credit card, or even PayPal to buy the Oraichain Token (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the Oraichain Token as the exchange.
With cryptocurrency, things are different. You need to use debit card or credit card to buy the Ethereum or Bitcoin first. After you get the Ethereum or Bitcoin, you can convert it to Oraichain Token. It takes several stages and processes. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.
In general, the process would be:
- You go to the online exchange and buy the Ethereum or Bitcoin
- Find a crypto exchange that supports Oraichain Token currency and exchange your Ethereum or Bitcoin with the Oraichain Token
- Store your Oraichain Token to a secured wallet
Step 1: Buy Bitcoin (BTC) or Ethereum (ETH) at Coinbase
There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE. The best to do so is by creating a confirmed account in the platform and explore your options.
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- You will be asked to through the process of confirming your e-mail address as well as verifying your identity. It would be best if you went through that procedure at once to avoid any issues before putting money on the platform. Coinbase will ask for personal information such as your home phone number, your address, and proof of your identity using an official document such as a passport or a driver’s license.
- Keep in mind that Coinbase takes some time to verify your ID, but once your account is verified, things can move forward on your end. By confirming your identity, you will have better security on your account, and the people working at Coinbase will be able to help you with easy on any issue you face. You will also be able to trade larger numbers of money on your transactions as well as other perks related to the trading information the goes inside the platform.
- You can also manage your payment options. As we mentioned previously, the sites make it very easy to handle FIAT money to pay for the altcoins you want to have in your portfolio. You can check in your bank account to make direct deposits or withdrawals. While this method is excellent, it takes at least two days to verify it on Coinbase’s end. You can also register your credit cards, debit cards, and even your PayPal account in the buy/sell link located on the top menu.
That’s the first step in buying Oraichain Token, once you get your Bitcoin or Ethereum, you can continue to the next step.
Step 2: Choosing the Best Cryptocurrency Exchange for Your Investments
After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH from your Coinbase wallet.
With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.
These are the best exchanges we can recommend for you to exchange BTC or ETH with Oraichain Token:
- Deposit Methods: Cryptocurrency Only
- Fiat Currencies: N/A
- Supported Cryptocurrencies: BCH, EOS, TRX, ONT, ETH, BTC, BTM, AE, OCN, ADA, IHT, XRP, ETC, NAS, LTC, & over 565+ more
- Trading Pairs: 1118+
- Deposit Methods: Cryptocurrency, Express Polish Post Office 24/7, Wire transfer, GBP bank transfers
- Fiat Currencies: USD, EUR, PLN, GBP and 47+ More
- Supported Cryptocurrencies: BTC, ETH, XRP, BCH, TRX, LTC, DASH, XMR, XLM, OMG & 512+ more
- Trading Pairs: 1044+
IMPORTANT! Once you are registered to any of the above, find the BTC/ORAI or ETH/ORAI trading pair and then place the order to buy those pairing cryptocurrencies. Go back to COINBASE and transfer/exchange your Bitcoin/Ethereum.
Step 3: Managing Your Crypto Assets in a Secure Wallet
As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic.
You can install one of these wallets in your hardware. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.
There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.
For Securing your Oraichain Token (ORAI) We recommend you to use hardware wallet which support many cryptocurrencies – Choose between these two: Ledger or Trezor
LEDGER NANO-X: Securely trade on-the-go and manage a large number of assets at the same time, with only one device.
- Mobile Friendly
- Easy to Manage
- Supported Coins: 1200+
TREZOR MODEL-T: The next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence.
- Invented for your digital independence
- keeps your keys safe
- Easily back up your entire wallet
- Supported Coins: 1093+
Frequently Asked Questions (Faqs)
Can I Buy Oraichain Token (ORAI) with PayPal?
You won’t be able to buy this directly with PayPal. If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the Oraichain Token. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment.
Can I Buy Oraichain Token (ORAI) with Cash?
You can’t buy it directly, you need to get bitcoin/ethereum first. buying BTC or ETH with cash you can do the following:
- Make sure you have a BTC / ETH wallet before you buy from seller
- Go to LocalBitcoins and find person in your area who sells bitcoin/ethereum and accept cash.
Can I Buy Oraichain Token (ORAI) with Skrill?
You can’t buy ORAI directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to Oraichain Token. You can buy BTC/ETH with skrill by using these exchanges::
Can I Buy Oraichain Token (ORAI) with Bitcoin?
Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair BTC/ORAI and begin the transactions.
Can I Buy Oraichain Token (ORAI) with Ethereum?
Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support ETH/ORAI trading pair.
What Is the Best Payment Method to Buy Oraichain Token (ORAI)?
The cheapest way is to use bank account to buy Bitcoins first or to buy the Oraichain Token right away. The fastest way is to use a credit card but you will then be charged higher fees.
How to Protect Oraichain Token (ORAI)?
Once you have purchased the Oraichain Token, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:
How to Sell Oraichain Token (ORAI)?
Find a crypto exchange which allow pairing ORAI with BTC or ETH – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency.
Can I Mine Oraichain Token (ORAI) and Not Buying It?
You can’t mine this actually. It has a completely different network and structure than the regular Bitcoin. The only way to own a Oraichain Token is to buy it from a reliable exchange.
Oraichain will change and improve the Blockchain performance. It removes the limitation of smart contract, makes it smarter, and provides more functions. It is indeed a promising cryptocurrency that you should have. This cryptocurrency connects all elements of the future into one amazing platform. So, get Oraichain Token (ORAI) now!