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--- the_qort_coin [11/16/2022 10:41] – gfactor
+++ the_qort_coin [11/23/2022 08:36] – gfactor
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 Qortal has its very own coin called QORT which powers on-chain functionality and can be used as a digital currency just as Bitcoin is a decentralized digital currency, without an intermediary like a bank. There is no intention of listing QORT on other exchanges as Qortal has its own exchange and more importantly, is meant to be used on-chain.
-Qortal aims to create an alternative infrastructure for a new Internet where among many other aspects, an especially important feature will be the ability for e-commerce services to host their sites on-chain and have the ability to accept QORT as a form of payment just as they will be able to with other cryptocurrencies we support. We will also create a jobs market board that can utilize QORT and the coins we support.
+Qortal aims to create an alternative infrastructure for a new Internet where among many other aspects, an especially important feature will be the ability for e-commerce services to host their sites and apps within the Qortal Network. These services will have the ability to accept QORT as a form of payment just as they will be able to with other cryptocurrencies we support. We will also create a jobs market board that can utilize QORT and the coins we support. All of this provides UTLITY for QORT on our very own platform! Take a moment to consider: a blockchain where its coin is designed to be used on its platform! Qortal has a roadmap that is much more than another cryptocurrency and ledger (bigger than crypto).
 QORT is used as the base pair for the Trade Portal with cross-chain trades. For example, for a BTC-LTC trade, the trade will actually be BTC-QORT-LTC. QORT can only be obtained by conducting a true cross-chain P2P trade within the Qortal Trade Portal. As everything we are building is 100% decentralized on-chain which means there is no vault like there are on centralized exchanges where you can immediately convert fiat or crypto. This means to conduct a true P2P trade, you will need to run your own node, send LTC to your Qortal LTC wallet, then buy a listed sell order within the on-chain Trade Portal.
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 ===== Obtaining QORT =====
-You can obtain QORT in two ways: 1) become a minter to earn block reward for supporting the network (refer to the [[Minting Overview]] page), and 2) trading other coins for QORT on Qortal's Trade Portal (refer to the [[Trade Portal Overview]] page).
+You can obtain QORT in two ways: 1) become a minter to earn block reward for supporting the network, and 2) trading other coins for QORT on Qortal's Trade Portal:
+) Becoming a minter entails finding a sponsor within the community, then proving your node to the network over 7200 blocks, thereafter you’ll reach Level 1 and be able to begin minting QORT for reward (refer to the [[Minting Overview]] page).
+) Trading coins for QORT on the Trade Portal entails purchasing third party coins from an exchange, sending that coin to your Qortal wallet, and then using the Trade Portal to trade those coins for QORT (refer to the [[How To Use The Trade Portal]] page).
+**ALWAYS REMEMBER:** Not your keys, not your coins! This means we use third party exchanges ONLY to swap coins and fiat, as we are not in complete control of those assets on centralized services. So be sure to send the coins to your Qortal wallet immediately so that you are in 100% control of your assets! Also, be sure to follow the [[Account Setup & Recovery]] guide to ensure your account is properly secured!
 ===== How The Price Of QORT Works =====
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 ==== QORT Does Not Have A Set Price ====
-QORT has a price/rate shown in two main locations at the present time: explorer.com and within the Qortal UI. This metric is based on recent trade averages. At explorer.com (yes that's the correct spelling - explorer with a 'q' replacing the 'p'), the 'price' as shown below is the average of the 5-10 most recent trades (based on an algorithm):
+QORT has a price/rate shown in two main locations at the present time: exqlorer.com and within the Qortal UI. This metric is based on recent trade averages. At exqlorer.com (yes that's the correct spelling - exqlorer with a 'q' replacing the 'p'), the 'price' as shown below is the average of the 5-10 most recent trades (based on an algorithm):
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