Orion Protocol is a platform that aims to solve some of the biggest problems in DeFi by consolidating the liquidity of the entire crypto market on a decentralized platform. This includes a number of solutions built on the protocol, including the Orion Terminal, a trading solution that brings together the liquidity of the entire crypto market on a decentralized platform. Its roadmap also encompasses a price oracle and a high-margin DEX.
In this article, we will look at topics like “ORN coin Binance, Orion Protocol coin review.”
What is ORN Coin?
ORN coin is the native cryptocurrency of the Orion Protocol and is usable across the entire platform. ORN coin is designed as a service token.
As an ERC-20 token, using ORN coin for payments earns you a transaction fee discount. In addition, all Orion Enterprise solutions, including a DEX launch kit for blockchains, a Liquidity Booster Plugin for exchanges, and an Enterprise Trading Widget for crypto projects, operate through a liquidity aggregator supported by the ORN token.
Additionally, brokers are required to deposit ORN tokens to be selected for executing trades. The more ORN tokens staked, the higher the chance of being selected.
On the other hand, ORN token holders gain various benefits including discounted transactions, advanced features, protocol access, and staking returns. Thus, the platform aims to encourage users to own ORN coins. Moreover, according to announcements, the platform places great importance on the limited supply of ORN tokens.
In addition, the Orion Protocol platform states that it is the first platform to offer a Dynamic Coin Offering. If token sales are unsuccessful, it is indicated that users will get their money back. This creates a price floor in the secondary market and provides downside protection to participants without setting an upward limit.
ORN Coin Review
Especially with its Dynamic Coin Offering feature, the Orion platform stands out. This allows users to invest thinking that there will be no loss. Additionally, Orion’s solution to the liquidity problem is also well-received by users.
The features of the platform seem to generate positive interest in Orion coin. However, looking at the charts, it appears that investors are still cautious.
How to Buy Orion Protocol Coin?
Orion Protocol Coin can be purchased through various cryptocurrency exchanges. ORN coin is currently available on exchanges like Binance, Bilaxy, Bitmax, and Uniswap.
Moreover, for those looking to buy ORN coin, it’s worth looking at the numbers. At the time of preparing this article for publication, the ORN token, trading at $1.87, has a market capitalization of $18,581,239 according to CoinMarketCap, ranking it 354th. Currently, there are 9,925,000 ORN coins in circulation, with a maximum of 100,000,000 ORN expected to be reached.
Additionally, it should be noted that the ORN token hit its lowest at $0.5362 on July 16, 2020, and set a record high of $7.11 on August 13, 2020.
Buy ORN Coin
ORN coin can be purchased quickly and securely through Binance, the world’s largest cryptocurrency trading platform in terms of trading volume.