How to Buy ORDI: Your Guide to Bitcoin's NFT Breakthrough

You’ve probably heard about Ordinals and ORDI by now, but let’s dive deeper into it. At its core, Ordinals allows you to inscribe data onto the smallest unit of Bitcoin, the Satoshi. Yep, you heard that right. This means you can essentially create and trade NFTs. The Ordinals protocol is designed to make Bitcoin NFTs a thing, and it’s shaking up the landscape by making Bitcoin dollars more useful.

What is ORDI and Why Does it Matter?

ORDI is the native token for this system and operates on the BRC-20 token standard. This standard is a bit different from Ethereum's ERC-20 tokens as it doesn't rely on smart contracts but rather uses JSON inscriptions and Bitcoin's scripting capabilities. It's a simpler, albeit less flexible option, but it’s also extremely secure. Currently, BRC-20 tokens hold upwards of $900 million in assets, with more than 200,000 Ordinals already created.

The Ordinals protocol aims to increase Bitcoin's market share and open it up for NFTs, which are rapidly gaining traction and will likely become more mainstream. The notable part? This can all happen without requiring sidechains.

How to Buy ORDI Coin

Getting your hands on ORDI is pretty straightforward. The coin is available on Binance, where it was listed on November 7, 2023 in various trading pairs including ORDI/BTC and ORDI/USDT.

1. Register on Binance: If you're new to Binance, signing up is the first step. After registration, you’ll need to transfer cryptocurrency or fiat currency to your Binance wallet.

2. Transfer Funds: Move your funds into the Binance wallet.

3. Find the Trading Pair: Use the ORDI/USDT trading pair to make your purchase. On the limit tab, you can input the amount you wish to buy.

4. Complete Your Purchase: Execute the transaction by clicking “Buy ORDI.”

What’s Next for the New Token Market?

With Ordinals and BRC-20 tokens, Bitcoin is evolving. It’s no longer just a store of value; it’s becoming a place for NFT marketplaces, decentralized applications, and more. Increased transaction activity means more stable fee revenue for miners, potentially making Bitcoin's network stronger and more appealing.

The Ordinals protocol is built on Bitcoin's robust security, ensuring the inscriptions are kept safe and secure. This only boosts trust in Bitcoin as a reliable store of value. The rise in transaction activity and fees could also attract more interest to Bitcoin, which might help its value rise.

Summary: A Step into the Future

ORDI and the Ordinals protocol are changing how we see Bitcoin. By allowing the creation of NFTs on the Bitcoin blockchain, it’s adding new dimensions to the cryptocurrency sphere. Following this guide gives you a chance to get in on this new frontier. Whether you’re a casual investor or a blockchain enthusiast, this might be your moment to engage with the evolving world of Bitcoin.