OriginTrail Investor
How to Buy OriginTrail | Buy TRAC in 4 Steps (2024)
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When its whitepaper was released in 2017, OriginTrail was an ecosystem laser-focused on revolutionizing the supply chain industry. The goal was to bring about new efficiencies and accountability through the introduction of decentralization to an increasingly fragmented sector. If successful, OriginTrail would provide companies with the ability to trace items globally throughout the course of their life – an important feat for industries including consumer goods, food, and more, as it allows for verification of authenticity and place of origin.
In 2022, OriginTrail has expanded its scope, envisioning a purpose-built network for Web3, which it calls the ‘decentralized knowledge graph'. This network, which combines blockchain technology and knowledge graphs, allows individuals and companies alike to locate, authenticate, and track assets of value – tangible and digital. OriginTrail notes the following as a few examples of these.
- Art
- Diplomas
- NFTs
- Consumer Goods
Underpinning the OriginTrail network are tokens known as ‘TRAC' – short for ‘trace' or ‘track'. With a fixed supply of 500 million, all TRAC tokens were sold and distributed in a 2018 ICO. The token gains utility from its various required use cases within the OriginTrail network.
- Staking
- Required for network engagement by node operators
- Collateral
- Sale of Data
The OriginTrail Decentralized Network (ODN) mainnet originally went live in 2018. The team behind this open-source project has already laid out a roadmap for the coming months, as it looks to improve interoperability, discoverability of data, and more.
To learn more, visit our Investing in OriginTrail guide.
How to Buy OriginTrail (TRAC) in 4 Steps
The whole process can take as little as 10 minutes, and all you'll need is a smartphone or computer, photo identification, and a means of payment.
- Compare Crypto Exchanges – We list the top cryptocurrency exchanges that offer the ability to buy OriginTrail (TRAC) cryptocurrency.
- Create an account – Verify your email address and identity.
- Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin.
- Buy OriginTrail – Use your funds to Buy TRAC.
We list the top 5 exchanges that offer the ability to buy OriginTrail (TRAC) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).
1. Uphold
A top exchange in the United States & UK, Uphold is an experienced and extremely innovative trading platform that should be able to meet your needs for trading across a number of cryptocurrencies, including OriginTrail (TRAC). Beyond the ease of use and innovative features within the trading platform, what stands out about Uphold is the credibility it has gained in the industry.
Uphold offers both a desktop and mobile app trading experience that is extremely intuitive. The trading view is completely customizable with the assets that you trade the most and is very easy to navigate while providing a modern feel on both desktop and mobile. It is a very popular and suitable choice, particularly for new traders.
Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease. Just a couple of clicks, and you can make trades directly from your deposit method without even having to wait for funds to clear to your account. This one-step ordering is another innovation from a company that prides itself on the usability of its platform. Uphold also provides the ability to execute limit orders.
German & Netherlands residents are prohibited.
Uphold Disclaimer: Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong..
2. Binance
Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The benefits of purchasing Numeraire (NMR) at Binance are lower fees than competing exchanges, and increased liquidity, which will enable you to buy and sell quickly to take advantage of market-moving news.
USA residents can trade over 150+ digital assets. Non-USA residents are prohibited from buying TRAC.
Discount Code: EE59L0QP. Trade $100 & Earn $10 in 30 days after account registration.
3. Kraken
Founded in 2011, Kraken is one of the most trusted names in the cryptocurrency industry, with over 9,000,000 users and over $207 billion in quarterly trading volume.
From humble beginnings, Kraken now offers over 200 digital assets, including OriginTrail (TRAC). For more sophisticated investors, Kraken also offers futures and margin trading.
Kraken has continued to evolve its platform, and its commitment to the industry by being one of the first exchanges to offer buying opportunities on new tokens.
Kraken offers trading access to over 190 countries, including Australia, Canada, Europe, and is our most recommended exchange for USA residents. (Excluding New York & Washington state)
4. KuCoin
KuCoin is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto to crypto trading. It now offers a varied range of services, including a P2P exchange capability, and purchasing with credit or debit cards.
KuCoin currently offers OriginTrail (TRAC) cryptocurrency trading as well as over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens.
USA residents are prohibited.
5. HTX
Established in 2013, HTX has since become one of the world’s largest digital asset exchanges, with an accumulated trading volume of US $1 trillion. Having once accounted for half of the world’s digital asset transactions, HTX now serves more than 5 million users in over 130 countries around the globe. It should be noted that HTX currently does not accept USA or Canadian residents.
HTX is one of the top exchanges that currently offer OriginTrail (TRAC) trading opportunities.
