How to Buy Oraichain Crypto (ORAI)

How to buy Oraichain Crypto

What is Oraichain ORAI?

According to Coingecko, Oraichain is : About Oraichain Oraichain is a data oracle platform that aggregates and connects Artificial Intelligence APIs to smart contracts, serving as a foundational base for the creation of new Dapps leveraging AI technologies. Oraichain is the world’s first AI-powered oracle aiming to revolutionize the AI, DeFi, and Blockchain industries. Unlike regular oracles that use raw data, Oraichain’s AI oracle uniquely uses AI APIs to consume or create data on-the-fly via virtual machines on smart contracts. Data quality, reliability and security are enhanced by using test cases, which help to avoid intermediaries, increase trust and open up unprecedented application functionalities. AI-powered oracles are the new generation of smart contracts. Beyond data oracles, Oraichain interconnects Artificial Intelligence and Blockchain technologies. With AI as the cornerstone, Oraichain ecosystem contains an AI API marketplace, a Data & Request Hub, Publisher Service, Training Service, and Dapp Hosting. Oraichain network provides the infrastructure and consensus mechanisms for Blockchain and AI training. These interconnected ecosystems accelerate the development of Web3, DeFi, enterprise and academia applications. yAI.finance is the first use case of Oraichain, a DeFi platform using unique AI-based features and strategies. Oraichain AI Marketplace offers AI products and APIs with the goal of becoming the one-stop-shop for Artificial Intelligence services.

Where can I buy ORAI Crypto?

You can buy Oraichain on Uniswap.

Why should you buy Oraichain?

Oraichain is really one of a kind project. The roadmap is incredibly promising and if the dev team can keep up with the with it, it's only a matter of time for the market to catch up. It's a very risky play but one that can yield amazing profits. Do you own diligence and research the project further so you can make your own decision.

How to Buy Oraichain Crypto?

Step 1 - Setting up a Metamask Wallet

How to setup a metamask wallet

Metamask is by far the most used walled in the world of Ethereum. Whenever you want to buy and sell cryptocurrencies or even use blockchain apps that run on the Ethereum Network, Metamask will be your best friend. Setting up the wallet is also very simple and easy.

Head over to metamask.io and click Download. You'll need to use Google Chrome, Brave Browser, Firefox, or Microsoft Edge for this to work. So make sure you are using one of these four browsers. Now at the end of the page, click on the browser you're using and install the extension.

You are now the Welcome Page of Metamask. Click on 'Get Started.' Now click on 'Create a Wallet.' Choose a strong password for your Metamask wallet and continue.

Very Important Part! Keeping your backup phrase safe is the difference between having millions in your account or be that guy on the landfill looking for his old hard drive.

Click on reveal your backup phrase and write every word down on paper. Make sure you don't save your backup phrase on anything digital. This is for your security. After you wrote down your backup phrase, you'll be asked to confirm it. Click on every word in the correct order, and you should be done.

Step 2 - Buy Ethereum on Simpleswap

Buy Ethereum on Simpleswap

Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy ETH and receive it directly on our on-chain Metamask wallet, skipping most of the steps we'd have to take through a traditional exchange.

Click here to access Simpleswap

Just click the Buy/Sell Crypto tab, insert the USD amount you want to trade for ETH, and click "Exchange", just like this:

Buy Ethereum on Simpleswap

Now all you have to do is click the Metamask fox logo to directly copy and paste your Metamask Ethereum address. It should add it automatically.

Buy Ethereum on Simpleswap

You can now choose between Google Pay or card to complete the payment:

Buy Ethereum on Simpleswap

Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in Metamask.

Step 3 - Buy Oraichain on Uniswap with ETH

Buy ORAI on Uniswap with ETH

Uniswap is currently the number one Decentralized Exchanged in the world, and it's simply the best place to buy cryptocurrencies that aren't available on sites like Coinbase or Binance.

Before we head over to Uniswap, we need to prepare your Metamask Wallet to receive Oraichain. Open Metamask, scroll all the way down, and click here:

Add ORAI token to Metamask

Select Custom Token and paste this token contract address there:

0x4c11249814f11b9346808179cf06e71ac328c1b5

The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive Oraichain (ORAI).

You can check the price and confirm the correct token address of Oraichain on Coingecko.

Let's buy some Oraichain!

Go to Uniswap. On the upper right corner, click on Connect Wallet and select Metamask. A confirmation popup should open on Metamask (click on the "little fox logo" if you don't see it). Now you need to accept, connect, and your wallet should be connected to Uniswap.

Select a token and paste the Token contract address: 0x4c11249814f11b9346808179cf06e71ac328c1b5

Click Import and accept the terms.

Now you have to select the amount of ETH you want to trade for ORAI. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.

Wait a few minutes, and your ORAI should appear on your Metamask Wallet.

Congratulations! You are now a proud Investor of Oraichain!

In case your transactions keep on failing, adjust your slippage tolerance. To do that, click on Uniswap's gear icon, and put 5% here:

Adjust slippage on uniswap

Step 4 - Store Oraichain on Ledger

Check out our guide on how you can store Oraichain on Ledger's Hardware Wallet

Check out Oraichain links:

Please make sure you read our Disclaimer. We are not financial advisors.

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