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What is ORDI?

ORDI (ORDI) is a DeFi functional addition to BTC, allowing users to inscribe digital data within individual satoshis (the smallest currency unit of bitcoin). This essentially creates digital artefacts that are stored on the Bitcoin blockchain and enables Bitcoin-based NFTs.

  • ORDI employ what is known as Ordinal theory. This involves giving individual identities to satoshis and allows each of them to be transferred, tracked and imbued with meaning.
  • Each inscribed satoshi becomes a unique Bitcoin artefacts, transferable via Bitcoin transactions. With 21 million Bitcoins in circulation, each can be subdivided into 100 million satoshis.
  • ORDI is the native token of the platform, it is unique in its singular focus. There is no governance, airdrops or major changes. ORDI allows token holders to inscribe data.

Ordinal aims to make each satoshi unique and individualised, while giving ORDI holders the power to inscribe each with different kinds of content.

How do I swap ORDI?

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Learn more about ORDI

Why Should I Trade ORDI with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell ORDI no matter what your trading experience is. Unlike other international and Australian ORDI exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy ORDI with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade ORDI how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your ORDI?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your ORDI for free.

Cold Storage

If you are holding ORDI as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy ORDI. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for ORDI. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
ORDI has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As ORDI is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual ORDI exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in ORDI & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying ORDI safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your ORDI portfolio here.
Yes! With CoinSpot you can convert your ORDI to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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