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ORDI

ORDI Performance

Live ordi Price

₹3,240.8

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4.72%

Price Changes

₹152.97

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4.72%

24h Low

₹3,074.3

24h High

₹3,394.8

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What is Ordinals (ORDI)?

The Ordinals allow anyone to inscribe content onto the Bitcoin blockchain, including text, images, audio, and video. The Ordinal inscriptions are tokenized into a Satoshi, the smallest unit of Bitcoin (BTC) (1 Satoshi = 0.00000001 BTC).

Who founded ORDI?

The Ordinals integration was made possible by the Segregated Witness (SegWit) upgrade in 2017 and the Taproot update to Bitcoin in 2021. It was launched on the Bitcoin mainnet by developer Casey Rodarmor in January 2023.

Primary features of Ordinals

1. Ordinals bring NFT-like functionality to the Bitcoin blockchain

2. Ordinals allow users to permanently inscribe data like images, text, audio, or video into the Bitcoin blockchain

3. The ORDI token is a BRC-20 token associated with Ordinals

4. ORDI has a fixed supply of 21 million, to match the total supply of Bitcoin

Is ORDI a promising cryptocurrency?

Ordinals offer a novel way to interact with the Bitcoin blockchain and create unique digital assets. As a result, a fresh wave of digital collectibles and applications has emerged on the network. In December 2023, ORDI became the first BRC-20 token to top $1 billion market capitalization.

If you are looking to buy ORDI, you can check out third-party cryptocurrency exchanges like CoinSwitch.

How do I use ORDI?

The current use case for the ORDI token associated with the Binance Smart Chain (BSC) is unclear. While it has positioned itself as a part of the Ordinals ecosystem, its specific functionalities are still evolving.

Pros & Cons of ORDI

Pros

• Expansion of Bitcoin’s use-cases

• Digital scarcity

• Increased innovation

Cons

• Little token utility

• Fixed total supply

ORDI on CoinSwitch

1. You can invest and trade ORDGI for just ₹100.

2. Trade ORDGI at a nominal fee.

3. Easily manage your transactions and your portfolio.

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FAQ's on ORDI

1. When was ORDI coin launched?

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ORDI coin was first inscribed on March 8, 2023, by an anonymous user. It gained attention quickly and was listed on various cryptocurrency exchanges in May 2023. The coin was officially listed on LBank on June 15, 2023.

2. How does ORDI coin cryptocurrency work?

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ORDI coin operates on the Bitcoin Ordinals Protocol, utilizing the BRC-20 token standard to create fungible and transferable digital assets on the Bitcoin blockchain. It allows for the inscription of data onto individual satoshis, making it possible to manage various digital assets directly on the Bitcoin network

3. How Many ORDI coin Are There?

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There are 21,000,000 ORDI coins in circulation. This number represents both the circulating supply and the maximum supply of ORDI coins available

4. How to invest in ORDI coin cryptocurrency?

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You can invest in ORDI coins using the CoinSwitch app.

Highlight

ORDI is a BRC-20 token associated with the Ordinals Protocol, a technology that allows anyone to attach data like text, images, audio, or video to the Bitcoin network.

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Ordi Price Statistics

ORDI Price Today

ORDI Price

₹3,240.8

Price Change 24h

percent_change_icon

4.72%

Price Change 7d

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23.81%

Market Rank

#132

Market Cap

₹6,219 Cr.

Trade Vol 24h

₹1,416 Cr

Circulating Supply

₹2 Cr. ORDI

Trading Activity

80% Buy20% Sell

News Feed

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How to invest in cryptocurrency in India

CoinSwitch is the leading crypto exchange in India. It is a mobile-only crypto exchange. CoinSwitch provides you the platform to buy and sell more than 80 coins such as BTC, ETH, MATIC, ADA, and LITE.

Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.

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