Ordinals (ORDI) is the bitcoin-ecosystem related token that has been embraced by crypto enthusiasts and investors since its launch. It is currently ranked number 105 based on market capitalization on CoinMarketCap, with a market capitalization of 799193803 recorded at the time of writing. ORDI has been gaining momentum alongside the flourishing cryptocurrency market this year. More and more people are becoming interested in Ordinals. They wish to invest or purchase Ordinals (ORDI), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing Ordinals. Regardless of your location, Bitrue can provide you with a simple and secure way to buy ORDI.
Where and how to buy Ordinals
When it comes to purchasing Ordinals (ORDI), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy Ordinals in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased ORDI will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy Ordinals (ORDI) through Bitrue.
Alternative methods to acquire Ordinals
Apart from directly buying Ordinals (ORDI), what are the alternative methods to acquire Ordinals ?
Fixed Auto-Investment in ORDI
Regularly invest a fixed amount at scheduled intervals in Ordinals (ORDI) digital assets, enjoying both short-term returns and long-term benefits.
Staking ORDI
Flexible staking of Ordinals (ORDI) digital assets to earn interest or high returns in other cryptocurrencies.
Get Ordinals (ORDI) for free
If you have enough time, you can obtain Ordinals for free through the following methods:
- Invite friends to join the Bitrue coupon event and earn free Ordinals (ORDI).
- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free Ordinals.
- All cryptocurrency airdrops and rewards can be exchanged for ORDI through coin-to-coin exchange or spot trading.
How to keep your Ordinals safe and secure
Once you have purchased Ordinals, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store Ordinals and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain Ordinals wallets, you also have the option to store Ordinals (ORDI) separately in a personal encrypted wallet. This wallet serves to keep your Ordinals secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your Ordinals, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your Ordinals encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
FAQ About Buy Crypto
How many Ordinals are there in total?
The total supply of Ordinals is 21,000,000 and the Circulating Supply is 21,000,000 .
Why are people buying Ordinals?
People buy Ordinals for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, Ordinals serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing Ordinals include investment, risk diversification, and trust in new digital assets.
Where is the preferred place to buy Ordinals?
Bitrue exchange, with its secure and stable platform, user-friendly interface, low fees, and high liquidity, stands as the best exchange for millions of users to purchase ORDI.
Should I buy Ordinals?
Deciding whether to buy Ordinals depends on individual financial goals, risk tolerance, and understanding of the digital asset market. Ordinals investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying Ordinals (ORDI) may be a suitable investment choice. However, remember that all investments come with risks.
Can I use cash to buy Ordinals?
Generally, buying Ordinals digital assets by cash is relatively challenging, as most cryptocurrency exchanges prefer electronic payments or bank transfers.
How much does it cost to buy 10 ORDI?
To purchase 10 ORDI, the cost in USD would be $355.24.
What are the fees for buying Ordinals?
Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies
here.
How to use Apple Pay to buy ORDI?
Currently, Bitrue does not support purchasing ORDI or adding fiat currency using Apple Pay.
How to use Google Pay to buy ORDI?
Currently, Bitrue does not support purchasing ORDI or adding fiat currency using Google Pay.
How to use Paypal to buy ORDI?
Currently, Bitrue does not support purchasing ORDI or adding fiat currency using Paypal.
What can I do with Ordinals?
You can use Ordinals to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.
How to sell my Ordinals?
If your Bitrue wallet does not hold Ordinals, you need to deposit ORDI into your Bitrue account. If you already have ORDI, log in to your trading platform account, find the Sell option, usually located on the OTC or market trading page. Enter the quantity of ORDI you want to sell, select the selling price, confirm the sell order, and once your ORDI is successfully sold, you can withdraw funds to your set bank account or other payment methods.
Can I purchase Ordinals (ORDI) worth 1 US dollar?
In theory, Ordinals (ORDI) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for ORDI is 10 US dollars.
Disclaimer
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.