Open Standard
Open Standard
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Download the Bitget Wallet: If you haven't already, download the Bitget Wallet app from the official website or your app store.
Create an Account: Open the app and create a new account by following the on-screen instructions. Ensure you secure your account with a strong password.
Fund Your Wallet: Deposit funds into your Bitget Wallet by transferring cryptocurrencies or purchasing crypto using fiat currency through supported payment methods.
Navigate to the Market: In the Bitget Wallet, go to the market section and search for Open Standard (OUSD) to view available trading pairs.
Place Your Order: Select the desired trading pair (e.g., OUSD/USDT), enter the amount you wish to buy, and confirm your order. Once the transaction is completed, Open Standard (OUSD) will be added to your wallet.
よくあるご質問
What is the Purpose of Open Standard?

The primary goal of Open Standard is to establish OUSD as the default, neutral stablecoin for global payments, providing a low-cost, high-throughput alternative to proprietary stablecoins.
How Can I Participate in Open Standard's Ecosystem?

Businesses can join the consortium to integrate OUSD into their payment flows and earn reserve yields. Individual users can participate by using OUSD for transactions and DeFi activities on supported chains like Solana.
What Sets Open Standard Apart from Competitors?

Unlike Circle or Tether, Open Standard shares its reserve profits with its partners and charges no fees for minting or redeeming, making it more economically attractive for large-scale enterprise use.
Is Open Standard Secure?

Yes, Open Standard implements rigorous security measures, including maintaining reserves at highly regulated U.S. financial institutions and undergoing audits by top-tier firms. Governance is decentralized across 140+ partners to prevent single-point-of-failure risks.
What are the Risks Associated with Open Standard?

Potential risks include regulatory shifts affecting stablecoins, the complexity of managing a large 140-company consortium, and the standard market risks associated with maintaining a currency peg.
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