What is Ordinex (ORD)

Ordinex has a clear objective of becoming a prominent platform for trading Bitcoin NFTs. The platform aims to provide the utmost priority on security, trustlessness, and transparency. This offers a seamless and user-friendly environment for trading Bitcoin Ordinals.

Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (ORD/USDT – Trade it here) on our Innovation Zone! Check it out now!

What is Ordinex (ORD)
What is Ordinex (ORD)

What Exactly is Ordinex?

Ordinex is a cutting-edge platform that seeks to revolutionize the trading of Bitcoin NFTs, known as Ordinals. They are dedicated to creating a secure, transparent, and trustless environment for the buying and selling of Bitcoin Ordinals. Ordinex believes that the current process of interacting with Bitcoin NFTs is cumbersome, risky, and not user-friendly.

Therefore, they aim to simplify the experience for our users by providing an easy-to-use interface and ensuring complete safety in owning, trading, and even creating NFTs on the Bitcoin blockchain. With Ordinex, you can trade Bitcoin Ordinals with confidence, without worrying about any steep learning curve or the risks associated with OTC trades or escrows.

What is the Bitcoin NFT (Ordinals)

Ordinals are a new way of creating Bitcoin NFTs. It is unique and completely native to the Bitcoin blockchain. These NFTs are created by attaching data such as images, videos, and other content to individual satoshis on the base Bitcoin blockchain using a logical ordering system called an ordinal theory.

Unlike traditional NFTs that exist on a separate layer from Bitcoin, ordinal NFTs do not require any changes to the Bitcoin protocol or any additional layers. This makes them completely backward compatible with the network, It also ensures that they can be securely owned, traded, and stored on the Bitcoin blockchain. By using ordinals, there is a new level of security and transparency for the ownership and trading of Bitcoin NFTs.

How Does Ordinex Work?

Ordinex is currently in development, with the team already working on a Proof of Concept on the Bitcoin Testnet. They are aiming to create a secure and automated escrow system powered by smart contracts. This will allow users to participate in the Bitcoin NFT market without the risks from over-the-counter trades or human-managed escrows.

The team has previous experience in building automated escrow systems on the Bitcoin network, which they plan to showcase shortly after the launch of the platform. Currently, there is no exact timeline for the release of Ordinex. However, the team is actively working on bringing their vision to life and providing a safe and streamlined way for users to engage with Bitcoin NFTs.

Where to buy ORD Token

You can find ORD Tokens here at MEXC! We are listing ORD/USDT in our Innovation Zone!

What is the Price of ORD Tokens?

ORD token is coming to MEXC soon! You can check the live price of their token right here!

How to buy ORD Tokens on MEXC

You can buy ORD Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “ORD” using the search bar to see the available trading pairs. Take ORD/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of ORD you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy ORD] to confirm your order. You will find the purchased ORD in your Spot Wallet.

You can find a detailed guide on how to buy ORD Tokens here.

Keep Yourself Updated With The Crypto Trend

Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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