What is Ondo (ONDO)?
In 2021, a US-based company named Ondo, also known as Ondo Finance, was established to make institutional-grade financial products and services more accessible to everyone using blockchain technology. Ondo's mission is to democratize access to such financial products by combining traditional financial wisdom with innovative blockchain applications. The company has made significant progress in tokenizing securities and developing decentralized protocols that enhance the distribution and utility of these tokens. With a leadership team that includes former members of Goldman Sachs Digital Assets team and partnerships with institutional giants like Blackrock and Morgan Stanley, Ondo is leading the way in integrating real-world financial assets with blockchain technology.
How Ondo (ONDO) Works
Ondo Finance operates at the intersection of traditional finance (TradFi) and decentralized finance (DeFi), offering a unique combination of products and services. The company's core focus is on facilitating the tokenization of securities, including US Treasuries and money market funds, thereby bridging the gap between conventional financial assets and the blockchain world. This tokenization process involves converting financial assets into blockchain tokens, making them accessible and tradable on decentralized platforms. Ondo's OUSG token, for instance, is backed by short-term US Treasuries, managed by BlackRock, and custodied by leading financial institutions such as BNY Mellon and JP Morgan. This approach not only democratizes access to premium financial products but also adds a layer of security and transparency inherent to blockchain technology.
In addition to tokenizing securities, Ondo has developed decentralized protocols to enhance the distribution and utility of these tokens. One such protocol is Flux Finance, a decentralized platform supporting Ondo's tokenized US Treasuries. By leveraging blockchain technology, Ondo ensures that these protocols operate independently, governed by separate entities, maintaining a high standard of security and trust. The company emphasizes transparency and legal compliance, regularly undergoing financial and information security audits and collaborating with reputable institutional partners.
Ondo's approach to cash management is another crucial aspect of its operation. The company recognizes the importance of balancing liquidity and yield and offers products such as OUSG and OMMF that invest in high-quality, liquid real-world assets. This strategy enables effective cash management for both crypto-centric organizations and individuals, providing a safeguard against market volatility and inflation while offering potential returns.
How Many Ondo (ONDO) Tokens Are in Circulation?
ONDO has a total supply of 10,000,000,000. The current circulating supply of ONDO is 1,382,585,827.
How to Buy Ondo (ONDO)
Consider investing in Ondo (ONDO)? It only takes 2 minutes to create an account on Bitget and start trading ONDO.
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Ondo (ONDO) Resources
Simple 3-step guide to buying ONDO today in Costa Rica
Create your free Bitget account
Select a funding method
Complete your Ondo purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Ondo using a payment method of your choice:
Buy Ondo with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Ondo order.
How to buy crypto with credit/debit cardBuy Ondo with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Ondo is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Ondo order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Ondo order.Buy Ondo with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Ondo order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Ondo in your Bitget spot wallet
Bitget—where the world trades Ondo
How to buy Ondo for free
- Learn how to earn Ondo for free through the Learn2Earn promotion
- Earn free Ondo by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Ondo airdrops by joining On-going challenges and promotions
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Costa Rica (officially the Republic of Costa Rica) is a country located in central America with about 5.2 million people in population. It is bordered by the Caribbean Sea to the northeast, Nicaragua to the north, the Pacific Ocean to the southwest, and Panama to the southeast. The official language of Costa Rica is Spanish, which is supported by both Bitget app and website. The currency of Costa Rica is Costa Rican Colón (CRC).
Bitget offers secure payment options to make trading easier for you, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services. Whether you are in San José, Cartago, or Heredia, Bitget is ready to serve you with your cryptocurrency needs, and it only takes minutes to invest in cryptos on Bitget, the fastest-growing global cryptocurrency exchange platform.
Costa Rica experiences tropical weather all year round, with a rainy season from May to November and a dry season from December to April. The average annual temperature is between 22 and 28 °C (72 and 82 °F). With the pleasant weather all year long, relatively better economic development, and overall higher quality of life in Costa Rica, the country was voted as one of the best places to retire by Forbes.