Orchid expands in Korea as OXT is listed on BithumbFeb 22, 2021
OXT, the Orchid digital asset, is now listed on Bithumb, a global digital asset exchange founded in South Korea, as Orchid expands to reach more users around the globe. Bithumb is a leading cryptocurrency exchange platform and the largest in Korea, with daily trade volume regularly exceeding $2 billion US dollars. People can now purchase OXT on Bithumb, which they can use to fund an Orchid account.
Orchid's unique VPN marketplace uses a robust system of incentives to match supply with demand and ensure ample bandwidth is available. Users can buy pre-filled Orchid accounts using an ordinary credit card in just seconds. But behind the scenes, OXT is used to pay for bandwidth on the network through a unique system of probabilistic nanopayments.
Dr. Steven Waterhouse, Orchid's Co-Founder and CEO said: "We are excited to see OXT listed on Bithumb. They are a leading exchange, and their decision to add Orchid's digital asset is further validation of the strength of our privacy offering."
Since its launch in 2013, Bithumb has developed from a Korea-focused cryptocurrency exchange to one that serves the global market with hundreds of millions of dollars in daily volume. Bithumb is one of Asia's most popular digital asset exchanges, with 8 million registered users and 1 million mobile app users.
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