Decentralized Oraichain (ORAI) Spot Market Listing on Helix

Oraichain (ORAI), an IBC-enabled Layer 1 optimized for AI-enabled dApps and AI Oracle services, is now listed on Helix, the premier on-chain crypto exchange built on Injective. This means that users can now trade ORAI/USDT spot market with market and limit orders on Helix.

Benefits of trading ORAI on Helix

Helix offers a variety of benefits to ORAI traders, including:

• Zero gas fees
• Best-in-class security
• Lightning-fast speeds
• A diverse array of upgrades and advanced enhancements
• Completely unmatched exchange, advanced order types, a brand new Swap interface, trading histories, and reward tracking

How to Trade ORAI/USDT on Helix?

In order to trade the ORAI/USDT spot market on Helix, you will need to have either ORAI or USDT in your Injective Wallet. The first step is to deposit assets to Injective.

Option 1: Bridge ORAI from Oraichain to Injective

• Go to Injective Bridge and connect your wallet;
• Select “Oraichain” from the dropdown menu as the origin source;
• Connect your Keplr wallet and make sure it has ORAI balance;
• Enter the amount of ORAI tokens you would like to transfer and click “Transfer Now”;
• Once the transfer is completed, you can check the ORAI balance in your Injective Wallet or Account page on Helix.

Option 2: Bridge USDT from Ethereum to Injective

• Connect your Ethereum wallet (e.g. MetaMask, Trust Wallet, Ledger, Torus, Trezor) on Helix and make sure it has USDT balance;
• Go to the Account page on Helix and click “Deposit”;
• Select Ethereum in the dropdown menu and select USDT as the token you want to bridge;
• Click the “Set Allowance” button, which allows the bridge contract to use your USDT for the transfer; this will prompt you to sign a transaction via MetaMask or another wallet;
• Note that you need to pay a small amount in ETH gas fees to bridge tokens from Ethereum (but don’t worry there won’t be any gas fees on Injective!). Click “Confirm” to continue;
• Enter the amount of USDT you want to bridge over and click “Transfer Now”;
• Once the transaction is completed, you can check your USDT balance via the Injective Wallet or Account page on Helix.

Option 3: Onboard with Fiat

• You can also onboard onto Helix using popular fiat currencies by selecting from one of the fiat on-ramp providers such as Kado, Transak or Payfura.
• Choose your payment currency (e.g. USD) and enter the amount in fiat you would like to swap;
• Select Injective as the network to receive your payment amount;
• Follow the instructions and continue the steps;
• Once the transaction is completed, you will see the USDT or INJ balance on Injective Wallet or Account page under Helix;
• Swap INJ to USDT by using the Swap feature if needed.

Trading ORAI/USDT on Helix

After you successfully have ORAI or USDT assets to Injective, you are ready to trade!

• Go to the ORAI/USDT spot market on Helix;
• Now you can buy ORAI using USDT, or sell ORAI to get USDT;
• On Helix, you can choose the type of order, either Market or Limit order;
• Enter the amount you want to Buy or Sell, submit your order and approve it with your wallet;
• Once the order is approved successfully, you will see a notification “Your order has been placed.”

Conclusion

The listing of ORAI on Helix is a great opportunity for traders to gain exposure to this exciting new project. With its decentralized architecture and a variety of features, Helix is the perfect platform for trading ORAI.