What is Ordinals (ORDI)?
Ordinals are a system that allows for attaching arbitrary assets to satoshis (the smallest unit of Bitcoin) to track and transfer them individually, thereby creating NFTs on the Bitcoin network. It works within the existing Bitcoin system without the need for separate tokens or changes to the blockchain. Ordinals was released in January 2023 and has since caused a major increase in transactions to the Bitcoin blockchain, making the network congested and increasing the gas fees tremendously.
How Ordinals (ORDI) Works
Ordinals in Bitcoin are a way of giving unique numbers to individual satoshis based on the order they are created. It's like giving each satoshi its own special ID. When satoshis are moved from one place to another, their order is maintained, just like a "first-in, first-out" system. These ordinal numbers are not officially recognized by the Bitcoin system itself, but they are important to a community of Bitcoin enthusiasts who find value in them.
Inscriptions are like additional information or pictures attached to these ordinal numbers. They are stored within the transaction data of Bitcoin. To create an ordinal NFT, people send a transaction for a specific satoshi and attach the desired information. It's like adding a special message or image to that satoshi. Unlike traditional NFTs on other platforms, ordinals can be treated as either fungible or non-fungible, depending on the owner. Regular ordinals can be used for regular Bitcoin transactions, but the attached information stays with them. On the other hand, NFTs on other networks, such as Ethereum, are different from fungible tokens and are treated separately.
How Many Ordinals (ORDI) Tokens Are in Circulation?
ORDI's total supply: 21,000,000
ORDI's circulating supply: 21,000,000
How to Buy Ordinals (ORDI)
Consider investing in Ordinals (ORDI)? It only takes 2 minutes to create an account on Bitget and start trading ORDI.
Check out the available ORDI trading pairs on Bitget!
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Ordinals (ORDI) Resources
Simple 3-step guide to buying ORDI today in Portugal
Create your free Bitget account
Select a funding method
Complete your Ordinals purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Ordinals using a payment method of your choice:
Buy Ordinals 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 Ordinals order.
How to buy crypto with credit/debit cardBuy Ordinals with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Ordinals is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Ordinals 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 Ordinals order.Buy Ordinals with the fiat balance in your Bitget account
You can Deposit fiat funds using SEPA to top up your Bitget fiat balance. Then click Buy Crypto > [Cash conversion] in the top navigation bar to place your Ordinals 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 Ordinals in your Bitget spot wallet
Bitget—where the world trades Ordinals
How to buy Ordinals for free
- Learn how to earn Ordinals for free through the Learn2Earn promotion
- Earn free Ordinals by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Ordinals airdrops by joining On-going challenges and promotions
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FAQ
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Located on the stunning Iberian Peninsula of Southwestern Europe is the nation of Portugal, home to more than 10 million people and two autonomous archipelagos – Azores and Madeira – that have their own regional governments. Its capital city is Lisbon, acting as the country’s financial, political and cultural hub. With a history of being one of the first global maritime and commercial empires, Portugal also possesses the 14th largest gold reserves in the world, with a GDP estimated to be around US$432 billion in 2022.
While Lisbon is no doubt one of the country’s most appealing tourist destinations – thanks to sights like the Church of São Vicente de Fora, the Belém Tower, and the Carmo Convent – other major cities in the region have also proven popular, including Porto, Madeira and Lagos. For the best of Portuguese cuisine, you might also want to try caldo verde, bacalhau, grilled sardines, bifanas, and piri-piri chicken.
Portugal’s official language is Portuguese and its national currency is the Euro (EUR), and with direct support for both from Bitget’s website and app, you can purchase Ordinals(ORDI) in just a few clicks, whether you’re in Lisbon or Porto or Coimbra or Sintra. Our exchange offers a series of secure payment options to make your trading experience safer and more convenient, including P2P trading, crypto deposits, other third-party merchants such as Apple Pay, Google Pay, and a range of different credit card services.