What is OmiseGo Coin (OMG)?

Cointral Marketing Manager
11 Nov 2019
Blog
What is OmiseGo Coin (OMG)?

Cryptocurrency users and investors around the world have developed an interest in altcoins. OmiseGO Coin, or OMG Coin, is one of them. Just like Dogecoin, OMG Coin attracts attention because of its name. As you know, it is the abbreviation of Oh My God.

OmiseGo has taken on a different purpose of making banks obsolete in the financial sector.  They aim to realize this ideal by using financial technologies within the Ethereum infrastructure. Although it seems to be an interesting goal, their ambition is remarkable.

What is OmiseGo?

OmiseGo Coin is a decentralized cryptocurrency in the Ethereum infrastructure that provides payment wallets. OMG Coin is a financial technology company designed for use in digital wallets.

Thanks to this technology, OMG Coin enables users to successfully make payments and shopping transactions with each other. The main objective of OmiseGo is to enable everyone to reach the reality of managing their own financial mechanism.

This is not the only goal of OMG Coin. With its successful ICO plans developed in a short period of time, it also wants to be a pioneer for many initiatives.

OmiseGo Coin Features

• Like other cryptocurrencies, OmiseGo has a decentralized structure.

• It has a mechanism that solves cash shortages.

• It has an automated Chat network.

• Blockchain with scalability and open to all users

• OMG Coin uses PoS (Proof of Stake) algorithm.

Buy OmiseGo Coin

If you want to know how to buy OMG Coin, this guide will help you. First you need to open an account on the Binance exchange. Then, you can purchase Bitcoin with cash at our physical branch or with credit card at online.cointral.com by entering your Bitcoin address you obtained from Binance.

You can then purchase any amount of OMG Coins by exchanging OMG / BTC. If you want to buy cryptocurrency with TL, you can prefer Paribu. With Cointral, you can buy Bitcoin, Bitcoin Cash, Ethereum, Ripple, Tether, Dash, BNB Coin, Litecoin, Cardano, Monero, Dogecoin and more than 1200 cryptocurrencies.

You can use your crypto currencies in stock exchanges such as Binance, Huobi, OKEx.

Investment information, comments and recommendations contained herein are not included in the scope of investment advisory. Therefore, making an investment decision based solely on the information and comments contained herein may not produce results that are in line with your expectations.