Crypto exchange Gemini just announced that Orchid (OXT) will begin trading on the platform on May 4, with Basic Attention Token (BAT), Chainlink (LINK), and Dai (DAI) to follow suit a day later. In both cases, trading will commence at 12 PM ET.
Orchid is a decentralized virtual privacy network (VPN). It prides itself on providing a more secure internet surfing experience, masking some of your key information while your are browsing websites – information such as IP address and location.
Basic Attention Token (BAT)
BAT, on the other hand, enables the innovative advertising model built around Brave Browser. The token is used as a reward for both publishers and advertisers, as well as a means to tip favorite content creators on YouTube, Twitch, and many other platforms. The browser itself is built with one main goal in mind – privacy, providing people with a smoother browsing experience by removing annoying website ads and popups.
Chainlink and its LINK provide a bridge between blockchains and the real world, securely connecting smart contract logic to external data providers. The goal of the network is to solve the inherent encapsulated nature of blockchains, connecting them with off-chain information, allowing for more versatile applications of the technology.
Being the first decentralized crypto-backed stablecoin, Dai is at the forefront of cryptocurrency innovation. The project’s ingenious approach of pegging its Dai currency to the USD by using ETH as collateral is one of the biggest revelations when it comes to digital asset stability. Not only that, the ecosystem also allows for a completely decentralized margin trading.
These four crypto assets will join bitcoin, ethereum, bitcoin cash, litecoin, and zcash, to complete the list of only nine that will be trading on the Gemini exchange after May 5.