How to Buy OMG Network (OMG)
Looking for a cryptocurrency that could streamline how e-wallets issue and exchange assets? If so, buying OMG may be right for your portfolio.
Since the publication of its white paper in 2017, the vision for OMG Network, previously known as OmiseGo, has been that it will one day allow different payment platforms to trade assets on behalf of users in a real-time market.
If this idea sounds a bit complex, we’ve got you covered with a more in-depth introductory guide that explains how OMG Network works and why OMG might be right for certain investors and traders.
If you already know the basics of OMG Network (OmiseGo) and want to start trading and investing in OMG right away, click the button below to begin.
Why buy OMG?
If OMG Network (previously OmiseGo) can bridge the gap between e-payments systems, OMG will have a strong use-case that could make it attractive to long-term investors.
Reasons to buy OMG
- Creating your own crypto asset portfolios
- Diversifying your long-term investment strategy
- Investing in Ethereum-based projects and tokens
Where can I buy OMG?
As with any cryptocurrency, you can buy OMG from a variety of places on the internet. However, you may find that it is easiest to purchase through a trusted global exchange.
Kraken offers a wide selection of crypto assets and traditional currencies, with over 100 trading pairs. This means whether you want to sell BTC or LTC for OMG, we can provide a robust and active global market with industry-leading liquidity.
At Kraken, we take security seriously, with technology and procedures designed to safeguard all of our client funds. We don’t cut corners when it comes to security, and neither should you.
How much OMG can I buy?
Looking to buy OMG on a budget? Don’t worry, Kraken offers a minimum order size of 2 OMG to help you gain exposure to a variety of assets.
Of course, you can also execute larger OMG buy orders as well. It wouldn’t be out of the ordinary for larger traders to purchase or trade 5,000 OMG or more on Kraken.
Follow the steps below to start buying OMG on Kraken:
After providing your name, date of birth, country of residence and phone number, you can buy OMG with cryptocurrencies like ETH and BTC.
In order to use fiat currency (i.e. EUR or GBP), you’ll need to provide our experts with additional supporting documents verifying your identity. Read about our verification processes here.
Fund your account with crypto or fiat
You can fund your Kraken account in a number of ways. How you do so will depend upon your location and preferences.
Once your account is funded, you can start buying OMG with the help of our advanced charting tools and trading features.
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Where do I keep my OMG?
Once you buy OMG, you’ll need somewhere to safely store your cryptocurrency, especially if you’re not expecting to immediately spend it.
Kraken prides itself on security, but it’s always safest to store your OMG in a wallet, a software or hardware application that stores the private keys that guarantee your ownership of OMG.
There are many types of OMG wallets available. Mobile and web wallets can make transactions easy, while hardware wallets are perhaps best suited for secure, long-term storage.
When choosing a crypto wallet for your OMG, first spend some time thinking about what you plan to do with your tokens to find a wallet that fits your needs.
It is important to note that Kraken is an exchange service and not a wallet service. So while we allow our clients to hold OMG in their exchange accounts, we encourage you to consider holding any tokens you purchase in multiple wallets.
Start buying OMG
A world of crypto asset funds awaits, so if you’re ready to begin, click the button below to buy OMG on Kraken today!