The ORDI token, sometimes referred to as ORDI, is a cryptocurrency associated with the Ordinals protocol on the Bitcoin blockchain.
Not to be confused with Ordinals, ORDI is a BRC-20, not an Ordinals; Bitcoin NFTs.
It's important to note that ORDI is just another BRC-20 token within the Ordinals ecosystem. As of now, there's no data on who is running and managing the ORDI project.
ORDI was the first BRC20 token and inscription that launched the new fungible token standard on Bitcoin on March 8, 2023, with this tweet by @domodata:
Inscription Number: #348020
Ordiscan Data: https://ordiscan.com/inscription/348020
Deploy By: bc1pxaneaf3w4d27hl2y93fuft2xk6m4u3wc4rafevc6slgd7f5tq2dqyfgy06
Creation Date: 08/03/2023, 12:16:31
Holders: 14,295 (As of January 2024)
No, you do not need ORDI for minting, deploying, and inscribing any Ordinals or BRC-20-related tokens.
All you need is Bitcoin to mint, deploy, and interact within the BRC-20 ecosystems.
Any claims saying that you need ORDI to use the Ordinal or BRC-20 ecosystem are False.
Binance is a leading global cryptocurrency exchange founded in 2017 by Changpeng Zhao. It provides a platform for trading various cryptocurrencies and is known for its high liquidity, a wide range of supported assets, and advanced trading features.
Binance also offers additional services like crypto wallets, token sales, and an enterprise blockchain solution, Binance Smart Chain. It's recognized for its rapid growth and has faced regulatory scrutiny in several countries.
OKX, formerly known as OKEx, is a prominent cryptocurrency exchange that provides a platform for trading various digital assets, including Bitcoin and Ethereum. Founded in 2017 and based in Malta, OKX is known for its wide range of features, such as spot and derivatives trading, a user-friendly interface, and robust security measures.
It caters to a global audience and is notable for its liquidity and comprehensive ecosystem that includes blockchain technology and investment services.
KuCoin is a global cryptocurrency exchange launched in September 2017. Known for its user-friendly interface and wide array of cryptocurrencies, it offers trading in over 200 digital assets. KuCoin is recognized for its competitive trading fees and robust security measures.
Additionally, it provides various services like crypto-to-crypto trading, margin trading, and lending. While it serves an international user base, KuCoin has faced regulatory challenges in some regions. The exchange also features its native token, KCS.
ALEX is a decentralized finance (DeFi) platform focusing on Bitcoin. Operated by the ALEX Lab Foundation, a non-profit organization, it emphasizes governance and growth of the ALEX DeFi protocol.
The platform supports research and development in decentralized financial infrastructure, offers educational resources, and features a Launchpad for emerging projects to launch their tokens. ALEX fully both Stacks and Bitcoin-based ecosystems while providing the world's first ETH to BTC bridge via XLink.
ALEX is the only BRC-20 DEX that offers BRC-20 orderbook trading as of 2024.
UniSat is a cutting-edge platform offering an open-source Chrome extension wallet for Bitcoin Ordinals and BRC-20. It focuses on expanding trading possibilities with its support for BRC20 and provides features for storing and transferring Ordinals NFTs.
Similar to Unisat, Ordinals Wallet is a non-custodial wallet and marketplace built specifically for Bitcoin users. It facilitates the trading and management of Bitcoin-based assets, including Ordinals and BRC-20 tokens.
To store your ORDI, here are some wallets that support ORDI as of 2024: