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Orchid (OXT)

€ 0,06399

-1,53 % € -0,00098
24h 1w 1m 1y All

Orchid Price in Euros

(OXT to EUR)

€ 0,06399

Orchid Volume

(24h)

€ 3.59 M

Market Cap

(Orchid)

€62.85 M
BTC

What is Orchid

Orchid is a crypto project that has created a decentralized VPN network. A VPN (Virtual Private Network) allows users to use the Internet in a secure and anonymous way. Normally, a user would connect to, say, a web server via a router. The web server can see the IP address of the router and user. Data that is exchanged is not secured, which means that hackers can see the data if they intercept it.

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How does Orchid work?

You can use Orchid when you want to use the internet anonymously through a decentralized VPN service. If you use a public WiFi network, a VPN might be smart to use. Your data will be encrypted, preventing other parties from viewing your data. A VPN can also be useful if you simply do not want to use your IP address to surf the Internet, for example because you are abroad.

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How to buy Orchid?

It is not only when you want to use the Orchid app that you could buy OXT tokens. In fact, the value of OXT could increase in the future, allowing you to make money with Orchid. Of course, we don't know what the Orchid price expectation is, so we will always recommend doing your own research and beware of dangers and risks.

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How to buy Orchid?

If you want to buy Orchid, you can do so at Coinmerce by clicking here. You can buy Orchid (OXT) using iDEAL, SEPA, Giropay and MyBank. Before you can buy Orchid, you need an account at Coinmerce, which you can create here. After we have verified your account, you can begin purchasing Orchid tokens immediately.

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About Orchid

Orchid has created a decentralized VPN network where you can buy bandwidth from other users by paying with the OXT cryptocurrency. Here you read what the Orchid crypto is.

Orchid is a crypto project that has created a decentralized VPN network. A VPN (Virtual Private Network) allows users to use the Internet in a secure and anonymous way. Normally, a user would connect to, say, a web server via a router. The web server can see the IP address of the router and user. Data that is exchanged is not secured, which means that hackers can see the data if they intercept it.

By using a VPN, Internet data is sent from the router to a VPN server before it reaches the web server. So you can think of the VPN server as an intermediate stop. This keeps the user's IP address protected. The traffic is also protected by cryptography, which means that data remains hidden during transport.

Of course, users must be able to trust the VPN provider. For example, a VPN is not secure if the VPN provider can view or resell users' data. However, as a user you never really know if such a provider does what they say.

Orchid wants to solve this problem by setting up a decentralized network for providing VPN services. The VPN runs on Ethereum's blockchain, where a special application is also built to ensure that users leave no traces that could lead to identity.

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Video Video
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Founder Dr.Steven Waterhouse
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Founder Jay Freeman
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Founder Brian J.Fox
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Founder Gustav Simonsson
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Founded 2019
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Industry Web3
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Website Website
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Network Ethereum
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Location San Francisco
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Rank 430
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Market Cap 62.85 M
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Trading volume 3.59 M
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Maximum coins
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Circulating 982.3 M
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