Get to know ORC, a Crypto Asset Made by Orbit Chain!
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Get to know ORC, a Crypto Asset Made by Orbit Chain!

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Get to know ORC, a Crypto Asset Made by Orbit Chain!

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This week, ORC crypto assets will be listed on Indodax. Open deposit will start on October 6, 2021 at 14:00 WIB and open trading will start on October 7 2021 also at 14:00 WIB.

Did you know, the Blockchain system itself cannot provide commercial services. Sometimes, in the Blockchain system, there are issues regarding energy efficiency, speed, limitations, and so on. Well, Orbit is here and claims that its network can solve all these problems.

Still confused? Take it easy, because before buying, it is important for you to find the background of a project so that you can have the most suitable crypto asset. And this time, Indodax Academy will share and you can read this article to get to know more about ORC.

What is an Orbit Chain?

Orbit Chain is a multi-asset blockchain that stores, transfers and verifies information and assets that exist on various public blockchains through Decentralized Inter-Blockchain Communication (IBC).

The Orbit Chain standard aims to work as a hub for public blockchains, for the smooth movement of assets and interactions within a single blockchain network. To this end, Orbit Chain provides a system that will use a single transaction method to build DApps, which can then use multiple assets in the same way. Thus, the previous liquidity problems of traditional blockchain systems will be eliminated, in the standardization of multi-asset usage.

ORC Crypto Asset

Its trading volume for 24 hours was $16,830,811 USD before listing on Indodax. His current rating on CoinMarketCap is #238 and has an outstanding supply of 550,213,005 ORC and max. supply of 1,000,000,000 ORC.

Currently, ORC works on top of the ERC20 system.

How to Buy ORC Crypto Assets on Indodax

For those of you who want to buy ORC crypto assets, you can buy them on Indodax starting October 7, 2021 at 14:00 WIB. Here’s how to buy ORC crypto assets:

  1. For those of you who are not yet a member, you can click the link here
  2. After that, make a deposit. For those of you who are confused about how to deposit, click on this link
  3. After your deposit and balance come in, you can return to the market
  4. Look for ORC in the Rupiah market then click
  5. After logging in, you just have to buy by filling in the balance and at what price you want to buy ORC. You can also buy it instantly or directly at the current price
  6. After that, you need to patiently wait for the price to increase for some time
  7. After the price increases, you can sell at a higher price with the instant method
  8. If you sell with the limit method, you can place an order after buying. Make sure you enter a higher number when selling.
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