What is Ocean Protocol (OCEAN)?
Ocean Protocol is an ecosystem built on blockchain technology that enables both individuals and enterprises to extract the value of their data and earn money from it using ERC-20 datatokens.
With Ocean Protocol, data publishers can earn money from their data while still maintaining control over their privacy, while data consumers can now access datasets that were previously difficult to obtain. These datasets are available for purchase on the Ocean Market, and can be used or resold as desired.
How Ocean (OCEAN) Works
Ocean b539f781-8f01-453b-9143-87ed7af993cf, the data marketplace of Ocean Protocol, operates similarly to a decentralized exchange (DEX) for data. Users can earn OCEAN by listing and selling data, staking OCEAN tokens, or creating their own fork of Ocean Market. Let's delve into each of these possibilities.
To sell data on Ocean Market, a provider must tokenize it as datatokens and list it for access. The price can be set by the provider or discovered through an automated market maker mechanism. Sellers keep most of the proceeds while a small portion is divided among stakers, the marketplace, and the Ocean community.
Staking involves OCEAN token holders staking for particular datasets and earning a percentage of the exchange fees generated by the pool. This mechanism can help to distinguish high-quality datasets from inferior ones.
Ocean also provides tools and guidance for businesses to create their own personal data markets. The marketplace fee supports the sustainable growth of data marketplaces, and two-thirds of the fee is passed on to the Ocean community.
How Many OCEAN Tokens Are in Circulation?
OCEAN is the native utility token of Ocean Protocol, serving as the basic unit of exchange on the platform. It is utilized for community governance and staking on data. It has a circulating supply of 613,099,141 OCEAN Tokens and a maximum supply of 1,410,000,000.
How to Buy Ocean (OCEAN)
Consider investing in Ocean (OCEAN)? It only takes 2 minutes to create an account on Bitget and start trading OCEAN.
Check out the available OCEAN trading pairs on Bitget!
Spot market
Ocean (OCEAN) Resources
Simple 3-step guide to buying OCEAN today in Lesotho
Create your free Bitget account
Select a funding method
Complete your Ocean Protocol purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Ocean Protocol using a payment method of your choice:
Buy Ocean Protocol 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 Ocean Protocol order.
How to buy crypto with credit/debit cardBuy Ocean Protocol with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Ocean Protocol is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Ocean Protocol 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 Ocean Protocol order.Buy Ocean Protocol 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 Ocean Protocol 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 Ocean Protocol in your Bitget spot wallet
Bitget—where the world trades Ocean Protocol
How to buy Ocean Protocol for free
- Learn how to earn Ocean Protocol for free through the Learn2Earn promotion
- Earn free Ocean Protocol by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Ocean Protocol airdrops by joining On-going challenges and promotions
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FAQ
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Landlocked Lesotho, often known as the Kingdom of Lesotho, is an exclave of South Africa. South African rand (R) and Lesotho loti (L) are the country's official currencies. The total population of Lesotho is 2,180,967 (2022). It takes less than 10 minutes to buy Ocean Protocol(OCEAN) and other cryptocurrencies in Lesotho using the Bitget peer-to-peer network and other methods of crypto deposit.
English and Southern Sotho are both official languages in Lesotho. Both the Bitget website and app are available in English.
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