OmiseGO or OMG Network (OMG) – a “popular” token for a while when this project attracted the support of Vitalik Buterin – the founder of Ethereum, and the OmiseGO ICO also generated a huge amount of ETH. So what exactly is OmiseGO? What makes this project different? Where to create a storage wallet and Buy and sell OMG Coin? Which exchange is safe and reputable? Should I invest OmiseGO coin? The following article I Love Bitcoin will learn with you about OmiseGo from A – Z.
What is OmiseGO (OMG)?
OmiseGO (symbol: OMG) or OMG Network is a scalable financial solution developed on the Blockchain platform of Ethereum. OmiseGO allows users to conduct real-time peer-to-peer (P2P) transactions transparently and securely. OmiseGO’s decentralized network facilitates connectivity for autonomous financial services across dealer regions, applications, and asset classes.
OmiseGO like a decentralized bank, a decentralized exchange and a gateway Blockchain digital asset protection. The OmiseGO project was born with the core goal of becoming the world’s preeminent trading and payment platform.
OmiseGO is a product of OMISE – a well-known payment solutions company in Asia, established in 2013 and headquartered in Thailand, Singapore and Japan. The OmiseGO project is more noticeable when it attracts the support of the two founders of Ethereum, Vitalik Buterin and Gavin Wood. In addition, OmiseGO is also designed by the “father” of Lightning Network and Plasma Joseph Poon.
Features of OmiseGo
Project OmiseGO main development focus on the following three core features on both its wallet and blockchain system:
- Access: Bank accounts do not need to access the exchange, but OmiseGO virtual currency will have fully licensed reserves nationwide.
- Security: OmiseGO provides custody for decentralized cryptocurrencies and decentralized fiat currencies.
- Ability of extension: Fast payments and low costs will be the key features of the OmiseGO platform.
OmiseGO . project development team
The project’s founding and development team OmiseGO owns many prominent names and comes from many different fields and countries.
- Jun Hasegawa: CEO and Founder of Omise as well as OmiseGO
- Donnie Harinsut: COO and co-founder
- Joseph Poon: Co-author of Lightning Network and Plasma and lead author of OmiseGO
In addition, there are notable members of the OmiseGO project’s advisory board:
- Vitalik Buterin: Ethereum founder, co-author of Plasma
- Gavin Wood: Co-Founder of Ethereum
- Jae Kwon: Creator of the Tendermint and Cosmos networks
- Vlad Zamfir: Director of Research Casper Ethereum
- Julian Zawitowski: Founder of Golem
- Thomas Greco: Member of Ethereum, Cosmos Network and Streamr.
The current exchange rate of virtual currency OmiseCoin coin
At the time of writing this article (October 18, 2018), price 1 OMG = $3.28 USD with a total market capitalization of $460,429,544 USD and ranked 24 out of CoinMarketCap. OMG digital currency is now available 140,245,398 OMG Coins circulating on the market, total supply unknown. You can see Exchange rate OmiseGO We update in real time 24/7 to understand the price movement of this virtual currency.
See also: Real-time rate table of 2,000+ coins 24/7
Where is the safest place to create a wallet to store OMG coin?
As I mentioned above, OmiseGO . cryptocurrency is a Token developed on the Ethereum Blockchain platform according to the standards ERC-20, so you can create OmiseGO coin wallets and store them on ETH wallets that support ERC20 Tokens. Some of the most popular ERC20 wallets today are ImToken, Trust Wallet, MyEtherWallet, Metamask, Trezor, Ledger,..
Also, if you often buy and sell OMG coin then you can always store it on the wallets of the exchanges for convenience of trading, without having to transfer back and forth, but of course the security level of the exchange wallet will not be as good as the one mentioned above.
Where to buy and sell OMG coin? Which exchange is reputable?
OmiseGO is a very popular coin, there are quite a few virtual currency exchange major in the world listed OMG đồng copper coin. In Vietnam, there are also some OMG coin trading markets, but currently I have not seen any exchange as reputable and good as the international one. Here are some decks you can choose from buy and sell ZRX tokens:
Binance | Huobi | DigiFinex | Coinsuper |
Ethfinex | Bithumb | OKEx | Bittrex |
IDCM | CoinTiger | CoinEX | Gate.io |
HitBTC | CoinTiger | Kyber Network | Kucoin |
DragonEX | Cryptopia | BitMart | Hotbit |
And there are many other floors, in which floor Binance still the floor with trading volume OMG . coins the largest, about $4,053,820 USD in the last 24 hours. I also recommend you to use Binance exchange to buy and sell OmiseGO because the transaction fee is cheap, or the floor Huobi also very good. You can check out the guide on Binance and Huobi below:
Should I invest OmiseGO coin?
As always, in this section I will state my personal opinion, you can take this as a reference, not an investment advice, the Should I invest in OmiseGO? It’s still your decision. Based on factors such as the idea, roadmap, founding team and big “names” in the advisory board, I can say OmiseGO . coin is a potential project in the future, completely worthy of long-term investment.
However, if you are a new investor, you should clearly define, “long-term investment” or “short-term investment”, if long-term investment is like you investing in the company itself, in people. and the idea of that project, and for it to succeed takes time, maybe months, or years. As for short-term investment or trading surfing, you need to have analytical experience because it is likely that you buy today a few days later, the price will drop 10-20% is normal, it depends on the whole market. But if the project has potential, it will increase in price in the long term.
Find out more information about the coin OMG
Epilogue
Ok. So I have finished sharing all the information about digital currency OmiseGO coin Then, hopefully the article will bring a lot of useful information to you, so that you can make the best investment decision. If you feel the article “OmiseGO what? Where to create a wallet and Buy and sell OMG Coin? Should I invest OmiseGO coin?“Useful, don’t forget Like, Share and 5 star rating to support ToiYeuBitcoin Please. Leave a comment below if you need any help with anything. Good luck.
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