Buy Orchid

Orchid

OXT
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$0.000USD
Past performance is not indicative of future results. All prices are sourced from CoinJar Indices.
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Overview

#664
Popularity
Utility
Asset type
2019
Active since

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What is Orchid?

Buy Orchid (OXT): Orchid (OXT) creates a unique, decentralized VPN to enhance online privacy. Learn what OXT is and why people use it.

Think of Orchid (OXT) like a new type of internet privacy tool. It's a decentralized Virtual Private Network (VPN), which means it's not controlled by any single company. Instead, it runs on a network of computers owned by different people all over the world.

Why is a decentralized VPN special?

Traditional VPNs can be tracked or even blocked. Orchid, however, is harder to control because it uses a special cryptocurrency called OXT. This token lets you pay for internet bandwidth from different providers on the Orchid network.

Think of it like this. Your internet traffic is like a package. Instead of sending it through one main road (a regular VPN), Orchid sends it through many different paths (the decentralized network), making it nearly impossible for anyone to track where it came from or where it's going.

Why do people buy OXT?

Privacy

Orchid makes it much harder for companies or governments to see what you're doing online.

Freedom

A decentralized network is harder to censor.

Potential growth

Like other cryptocurrencies, OXT's value might increase over time.

How does Orchid work for users?

Download the Orchid app, buy some OXT, and start browsing privately. The app takes care of finding the best providers and encrypting your data.

Is OXT worth it?

If you care about online privacy and want to support a decentralized internet, OXT might be for you.

Sentiment on places like Reddit seem to be that Orchid is a promising project with innovative features, however like any project, there are things that need to be improved. Many users are excited about the potential of decentralized VPNs and are hopeful that Orchid will continue to evolve.

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Buying, selling, and holding cryptocurrencies is subject to high market risk. The volatile and unpredictable nature of the price of cryptocurrencies may result in a significant loss. CoinJar, inc. is not responsible for any loss that you may incur from price fluctuations when you buy, sell, or hold cryptocurrencies. CoinJar, Inc. does not provide any investment, tax or legal advice; before making the decision to buy, sell or hold any cryptocurrencies, you should conduct your own due diligence and consult your financial, tax and/or legal advisor.

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