What is OmiseGo (OMG)?
The permissionless OmiseGO Network aims to enable instant, peer-to-peer transactions in real-time, facilitating financial services across geographies, asset classes, and applications. The OmiseGO eWallet Suite allows users to build and integrate a front-end interface for different types of digital transactions. In addition to being a white-label eWallet and a smart contract platform, OMG is also an ERC-20 based token.
Read the OmiseGo whitepaper.
What is the value of OMG now?
What gives OMG its value?
OMG is a decentralized bank, exchange, and asset-backed blockchain gateway. OMG’s ultimate goal is to be a “preeminent high-value exchange and settlement platform”. Think of a decentralized Ripple + universal remittance bridge to interconnect fragmented payment processors, legacy rails, and decentralized blockchains.
This means helping the unbanked get banking services (through their open-wallet infrastructure) and facilitating unprecedented interchangeability between the many siloed legacy rails (ACH, VISA, Paypal) and decentralized blockchains (like Ethereum). This could even potentially include more obscure assets like airline miles or loyalty points.
Buy and sell OMG for fiat currency
Currently, you cannot purchase OMG on our OTC marketplace. You can, however, buy Bitcoin, Ethereum or USDT, and then proceed to buy OMG on the spot market.
If you already own crypto, simply deposit the amount into your AAX account and trade it against OMG.
Trade OMG against other cryptocurrencies
On AAX, you can trade OMG against Bitcoin, Ethereum and USDT.
Trade anytime, on the go
Why trade with AAX?
Powered by LSEG Technology’s cutting edge matching engine, which is also at the heart of London Stock Exchange, and other traditional financial markets, AAX is a next-generation cryptocurrency exchange.
Integrity comes first
AAX is fully AML/KYC compliant and transparent.
Multi-layered security systems, robust custody, fully audited.
Multi device support
Trade on browser, iOS, and Android app. AAX supports API.
Trade across OTC, Spot, and Futures, deposit and withdraw, in one seamlessly integrated account.
What can you do once you own NEO?
Some users hold on to their OMG with the expectation of it increasing in value. You can store your OMG safely on your AAX account, a separate hot wallet or in cold storage.
You can trade OMG against other cryptocurrencies on AAX.
From your AAX account, you can easily transfer value around the world. You can buy OMG online and send it to anyone and anywhere with a wallet that supports OMG.