Discover how to buy Ordinals (ORDI) on an exchange you can trust
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Ordinals (ORDI) is currently at
$4.0720
-$0.12500 (-3.07%)
Last updated on --.
How can I buy Ordinals on OKX?
Whether you're new to crypto or an experienced trader, you can buy Ordinals using the OKX Wallet or Exchange.
Step one
Get OKX
Download the app and sign up in a matter of minutes.
Step two
Fund your account
Deposit funds via bank transfer, credit card, or Apple Pay.
Step three
Choose Ordinals
Select Ordinals and buy using your chosen method.
Step four
Receive your Ordinals
Confirm your purchase and store your Ordinals in your portfolio.
What's Ordinals?
Ordinals is a type of digital token that lives on a blockchain, like a special kind of digital sticker. It exists to help people keep track of unique items or data in a secure way. Imagine having a sticker book where each sticker is one-of-a-kind and can't be copied. Ordinals solve the problem of proving ownership and authenticity of digital items, making sure everyone knows who owns what without any confusion.
How can I buy Ordinals?
1) Create an account on OKX by visiting the website and providing your email and a secure password. 2) Verify your identity by uploading necessary documents as part of KYC requirements. 3) Fund your account using a bank transfer, credit card, or other local payment methods available in the United States. 4) Navigate to the trading section, search for Ordinals, and place a buy order by specifying the amount you wish to purchase.
Why do people buy Ordinals?
People buy Ordinals for various reasons, such as participating in digital ecosystems where these tokens are used to access services or products. They can also be part of a community that values digital ownership and authenticity. Ordinals are relevant in industries like gaming, art, and collectibles, where proving ownership of unique digital items is important. However, it's crucial to understand the limitations and ensure it aligns with your interests.
Things to know before buying Ordinals in the United States
In the United States, cryptocurrencies like Ordinals are legal but regulated. You must complete KYC and AML verification when setting up an account on platforms like OKX. Be aware that any gains from selling or using cryptocurrencies may be subject to capital gains tax. It's important to keep records of your transactions for tax purposes. Always stay informed about the latest regulations to ensure compliance.
What are other ways to own Ordinals?
Besides buying, you can obtain Ordinals through airdrops, where tokens are distributed for free to eligible users. Participating in Learn-and-Earn programs can also reward you with tokens for completing educational tasks. Some platforms offer staking rewards or incentives for providing liquidity. Task-based programs, like referrals, may also offer Ordinals as a reward. Each method requires different levels of effort and carries its own risks.
How can I store my Ordinals?
To keep your Ordinals safe, you can choose between custodial and non-custodial storage. Custodial storage means a platform like OKX holds your tokens, offering convenience but requiring trust. Non-custodial storage gives you full control using wallets. Hot wallets are online and easy to access, while cold wallets are offline and more secure. Always back up your wallet, keep recovery phrases safe, and use strong passwords to protect your assets.
Why should I buy Ordinals on OKX?
Learn more about the security measures keeping your Ordinals safe and readily available.
Proof of Reserves
Our 1:1 reserve ensures your funds will always be available to you.
High liquidity
Our high trading volumes mean deeper liquidity and smoother execution for you.
Transparency
We ensure historical market data is available to you at all times.
Security
We adhere to the strictest global security and compliance standards.
Learn more about how to buy Ordinals (ORDI)
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How to get Ordinals for free
Invite friends, earn rewards
See how you can get free Ordinals when you invite friends to trade with you.
Earn APY on your crypto
Earn interest down to every dollar and watch your Ordinals grow, for free. Put your crypto to work, 24/7.
Join airdrop campaigns
You can get free Ordinals airdropped to you when you join campaigns.
See what you can do with your crypto
Now that you’ve mastered the art of buying crypto, check out its potential.
Trade Ordinals
Take advantage of price fluctuations and trade your Ordinals for other cryptocurrencies.
Send Ordinals
Send your Ordinals anywhere, anytime with fast, low-cost transfers.
Spend Ordinals
Use your Ordinals to pay for goods, services, and experiences seamlessly.
Hold Ordinals
If you think your Ordinals will increase in value, you can hold onto it.
Sell Ordinals
Convert your Ordinals to cash quickly and securely.
How to buy Ordinals (ORDI) FAQ
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy Ordinals ORDI safely on a trusted exchange like OKX.
Choose the best exchange to buy Ordinals (ORDI) depending on your individual needs. Factors to consider when picking the best place to buy Ordinals (ORDI) include: security measures, platform transparency, fees, and efficient transaction processes. First-time beginners can consider trusted exchanges such as OKX.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping Ordinals. Refer here for a more detailed guide.
There are exchanges that offer users privacy and do not require verification to complete transactions. However, it is important to exercise caution as such exchanges might be more prone to fraud.
Use a trusted, centralized exchange such as OKX, which offers the ability to buy and sell Ordinals (ORDI), as well as fiat withdrawal options.
This depends on the method you use to convert Ordinals (ORDI) to cash. Withdrawals to a bank can take one to three working days to process, while withdrawals to a debit card can be almost instantaneous.
Disclaimer
This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.