Orange (ORNJ) is a decentralized finance (DeFi) ecosystem cryptocurrency launched in 2024, operating on the Ordinals - BRC20 platform. It has a total supply of 100,000,000 tokens, with a significant portion already in circulation. Orange is traded on multiple active markets, offering users a platform to manage their Bitcoin, BRC20 tokens, and Stacks assets.
The crypto Orange (ORNJ) is used within a decentralized finance (DeFi) ecosystem designed to empower users in managing their Bitcoin, BRC20 tokens, Stacks, and Ordinals NFTs. The Orange token powers different services within this ecosystem, which includes a self-custodial wallet, cross-chain DEX (OrangeSwap), staking mechanisms, and an AI-integrated marketplace for data and statistics.
To store Orange (ORNJ) tokens, you need to hold them in a self-custody Bitcoin wallet. This allows you to earn rewards passively without any additional action required. Some examples of supported wallets include Xverse, OKX Wallet, Unisat, and Leather. Ensure that your tokens are not held on a centralized exchange, as this does not qualify you for rewards.
To buy Orange (ORNJ) tokens, follow these steps:
Choose an Exchange: Select a reliable cryptocurrency exchange that supports ORNJ, such as MEXC, gate.io, or other exchanges listed on CoinScan.
Create an Account: Register for a free account on the chosen exchange. This typically involves providing personal information, including your name and email address. Some exchanges may require KYC (Know Your Customer) verification to increase withdrawal limits and unlock additional features.
Deposit Funds: Add funds to your account using methods such as credit cards, global bank transfers (SWIFT), peer-to-peer trading, or third-party payments like Simplex, Banxa, or Mercuryo.
Select the Trading Pair: Choose the ORNJ/USDT trading pair, which is commonly available and has a significant trading volume.
Place a Buy Order: Decide whether to use a Market Order or a Limit Order. Market Orders execute the trade at the best available price, while Limit Orders specify a maximum price to buy at.
Store Your ORNJ: Once the purchase is complete, you can store your ORNJ tokens on the exchange, in a self-custodial wallet like Metamask or Trustwallet, or in a secure cold storage wallet like Trezor or Ledger.
- Monitor Your Investment: Keep track of your ORNJ investment performance using tools like CoinScan, which provides real-time price and market capitalization updates.
