OMG
OMG Network
All
1W
1M
1Y
Basic chart
Advanced chart
Information
Transactions
Orders

Buy OMG Australia

The OMG Network (OMG) is previously known as OmiseGo. It is an Ethereum-based platform that aims to solve the scalability problem. It gained widespread popularity partly due to the explosive DeFi industry in 2020, when investors started seeking layer-2 solutions due to soaring Ethereum transaction fees. OMG allows users to transfer coins from one blockchain to another without using a traditional exchange. It also allows funds to be transferred between blockchains and traditional payment providers like Visa and Swift. Crypto exchanges can use the OMG network for faster, lower-cost ERC20 token transactions instead of the Ethereum network. This applies to wallet providers as well. The OMG token is a staking token, and it has been used to fund the development of the project. OMG token is used by validators that run network nodes and validate blocks. They earn transaction fees in return for their services.

Similar Coins

Coin
Price
24hr

ETH

Ethereum
-

AVAX

Avalanche
-

DOT

Polkadot
-

NEAR

Near Protocol
-

TAO

Bittensor
-

ICP

Internet Computer
-

ETC

Ethereum Classic
-

ARB

Arbitrum
-

Frequently Asked Questions (FAQs)

Instant
Buy Limit
Buy Stop
Buy OMG Network
OMG Balance: -
Purchase Amount
Switch to OMG
AUD
≈ 0.00000000 OMG