Why buy OMG Network with Kraken?

About OMG Network

What can you do with OMG Network?

Swap OMG Network for other assets

Learn more about OMG Network

1. How does OMG Network work?

   Unlike traditional currencies, OMG Network is not issued or maintained by a centralized government entity. Instead, a decentralized network of computer nodes is responsible for maintaining OMG Network. This decentralization means the holders and users of OMG Network can help to maintain the network.

   ---

2. Where can I buy OMG Network?

   Most find that the easiest and most secure way to purchase OMG Network is through a reliable cryptocurrency platform like Kraken. While OMG Network can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like OMG Network.

   ---

3. How much does it cost to buy 1 OMG Network?

   At the current market rate, it costs $0.51 to purchase one OMG. Kraken makes it easy to buy & sell OMG Network with confidence.

   ---

4. Can I buy $100 worth of OMG Network?

   Yes, Kraken offers a secure and easy to buy $100 worth of OMG Network. At its current price, $100 equals 197.06 OMG.

   ---

5. Is OMG Network safe to buy?

   The OMG Network price can change dramatically based on market conditions. You should do your own research on OMG Network before buying.

   ---

6. Is OMG Network available to buy and sell in my country?

   To find out if Kraken offers OMG Network in your region, please check our Support article to see what cryptoassets are available in your country.

   ---

7. Is OMG Network a good investment?

   The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, OMG Network may be a worthwhile purchase.

   ---

8. Can I purchase OMG Network using my local currency?

   Kraken supports six different government-issued fiat currencies including:

   • US dollars (USD)
   • Euros (EUR)
   • Canadian dollars (CAD)
   • Pounds sterling (GBP)
   • Swiss franc (CHF)
   • Australian dollar (AUD)

   ---

9. What are the transaction fees for buying OMG Network?

   Kraken offers a competitive fee structure based on transaction size, asset, payment method and market conditions. Learn more about Kraken’s fee structure.

   ---

10. What is the minimum amount of OMG Network I can buy?

    You can buy as little as $10 worth of OMG Network on Kraken. Kraken also allows you to set up recurring buys (charges apply) so you can continuously accumulate small amounts of OMG Network regularly.

    ---

11. Can I buy OMG Network with a debit card?

    You can buy OMG Network using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.

    ---

12. Can I buy OMG Network with other cryptocurrencies?

    Yes, Kraken makes it easy to purchase OMG Network using hundreds of other cryptocurrencies. Browse the OMG Network markets available on Kraken to see how much it costs to buy OMG Network with other cryptocurrencies.

    ---

13. How can I keep my OMG Network safe?

    While we believe the safest place for your crypto is in your own cold wallet, we strive to be as transparent and secure as possible when you trust us with your OMG Network. When you choose to keep your OMG Network on Kraken, it is secured by our globally-recognized security standards.

    ---

14. Will I owe taxes when buying and selling OMG Network?

    Each country handles cryptocurrency taxes differently. It’s recommended you speak with a local professional tax advisor before making any digital asset purchases or reporting your crypto taxes.

    ---

15. Can I transfer OMG Network from Kraken to my crypto wallet?

    Yes, the OMG Network you buy on Kraken is yours. Kraken makes it easy to withdraw your OMG Network to any hot wallet or cold wallet that supports OMG Network. Simply enter the external wallet address and your OMG Network will be in your wallet a few moments later.

    ---

16. Is it safe to leave my OMG Network on Kraken?

    We take every measure possible to keep the OMG Network you choose to leave on Kraken secure and accessible to you. While we still believe the safest place for your crypto is in your own cryptocurrency wallet, we constantly strive to be as transparent and secure as possible when you trust us with your OMG Network. Learn more about our globally-recognized security standards.

    ---

17. What is the current circulating supply of OMG Network?

    The current circulating supply of OMG Network is 140,214,138 OMG.

    ---

Browse more crypto buying guides

Popular markets