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How & Where to Buy OMG Network A Step-by-Step Guide to Buying OMG

Congratulations! You can buy OMG Network directly with cash at Binance.US.

  1. Sign up at our one of our top-ranked OMG Network exchanges.
  2. Fund your new account with cash or crypto.
  3. Buy OMG NetworkOMG

Read on for detailed instructions below on where and how to buy OMG Network and you will be a OMG NetworkOMG owner in no time at all.

  1. STEP 1Register at a OMG Exchange

    Best OMG Network (OMG) Exchanges

    • binance.us logo
      Ease of use
      Easy
      Time to 1st Buy
      24 hrs
      24h Volume
      $27,986,487
      Coins
      54

      Founded in 2019 as the USA-focused branch of the Binance family of exchanges, Binance.US supports trading in over 50 cryptocurrencies, and has the same industry standard low 0.1% fees as the original international Binance exchange. American users can buy crypto directly with a debit card, but Binance.US is not available in 7 states including New York & Texas.

    After choosing one of the exchanges listed above, you will need to create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  2. STEP 2Fund Your Account

    It is now time to add funds to your newly created exchange account. This will allow you to purchase OMG Network OMG NetworkOMG quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy OMG with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for OMG.

Frequently Asked Questions About Buying & Selling OMG Network (OMG)

How do I Buy OMG with Crypto?

If you want to buy OMG with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for Binance.US and send your crypto to your account.

You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to Binance.US.

You will then copy that address and paste it into the wallet holding your cryptocurrency and send.

Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.

How do I sell OMG Network (OMG)?

To sell OMG, simply reverse the buying process described above. You will likely need to trade your OMG NetworkOMG into a USD coin like usdtUSDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.

OMG Network Research Center

OMG Network Technical Details & Statistics

Tokenomics
  • Market Rank103
  • Market Cap521,762,711
  • Circulating Supply140,245,398
  • Total Supply140,245,398 OMG
  • Max Supply140,245,399
Yesterday's Trading
  • 24 HR Volume142,419,510 USD
  • Yesterday's High / Low---
  • Yesterday's Open / Close---
  • Yesterday's Change---
All Time Performance
  • All Time High---
  • All Time Low---

What is OmiseGO

OmiseGO (OMG) is a white-label wallet service provider, based on peer-to-peer, decentralized blockchain technology. It utilizes the Ethereum network and has a token currency within the network named OMG. OmiseGO has a mission statement of “unbanking the banked” in a goal of providing financial services at a cost lower than that traditionally charged by banks and financial institutions.

History of OmiseGO

OmiseGO was conceived in 2013 and is a joint venture company, Omise Blockchain Lab, operating in Thailand, Japan, Singapore, and Indonesia, was formed in 2015. Forbes magazine featured OmiseGO as a “Fintech Rockstar” in November 2016. Trading for the OMG token opened in July 2017.

The core team behind OmiseGO consists of Jun Hasegawa, Donnie Harinsut and Vansa Chatikavanij.
Blockchain experts Roger Ver and Vitalik Buterin are among the advisors of OmiseGO. SBI Investment, SMBC, SMDV, Ascend Capital, Golden Gate Ventures are among the top investors of OmiseGO.

How OmiseGO Works

As an ERC20-complaint token, OmiseGO utilizes the Ethereum network to work. It offers different financial institutions to build their own private wallets, custom to their users needs. This wallet works like any other digital currency wallet but with the notable expectation that this is built atop a blockchain network.

For example, User X, a client of Digital Wallet Y, can use the digital wallet, built using OmiseGO. When transacting, they send a command containing the wallet address and the amount to be transferred. This data will go to the OmiseGO Digital Wallet infrastructure through the OmiseGo API which is integrated into the wallet. The wallet then passes it on to the blockchain network. Once it reaches the blockchain it will be confirmed by miners and transferred like a regular cryptocurrency.

Why OmiseGO

OmiseGO operates under the mission to “Unbank the Banked with Ethereum” and packs some nice features:

  • No Bank Needed: OmiseGO eliminates the need to have a bank account for transactions, even for daily needs. It makes national and international transactions easy for everybody. There is no bank required in the process of transaction approval.
  • Instant Settlement: Like many second- and third-generation cryptocurrencies, OmiseGO offers near-instant settlement times because its transactions complete within seconds, confirmations arriving mere seconds after its initiation. There is no longer a need to wait for days for an international transaction to complete.
  • Cross-wallet compatibility: Using open standard protocol, wallets can interact with each other and can automate the transactions using Smart Contracts, a built-in advantage of the Ethereum network.
  • Flexible: Using Smart Contracts, the OmiseGO wallet can be used for different purposes including payments, transfers, loyalty and rewards points, making it a flexible payment platform.
  • Security: Transactions are safe and secure because they utilize ultra-secure blockchain technology. Moreover, the reliability of Ethereum network has been tried and tested.
  • Low Transaction Cost: OmiseGO also brings down transaction charges by using blockchain and peer to peer technology where the transaction takes places between the sender and the receiver, directly, cutting out expensive middlemen in the process.