OmiseGo (OMG) cryptocurrency is an innovative product with great prospects. OmiseGo - an innovative cryptocurrency with revolutionary solutions Where to buy cryptocurrency OMG

And the rapidly growing popularity of cryptocurrency OmiseGO (OMG), which was recently added to the Poloniex exchange. At the moment, tokens are already being traded at a price 11$ and still continue to grow. The OmiseGO platform will be a universal exchange platform where everyone can exchange one cryptocurrency for another, while most of the different forks will be supported and it will be possible to sell and buy them for the usual fiat money. The total capitalization of this coin has already exceeded $1 billion. The company Omise, founded in 2013, which is engaged in money payments and transfers in Singapore, Thailand, Japan and Indonesia, is working on the creation of the cryptocurrency. The company has an impeccable reputation and actively cooperates with large and small businesses, which certainly has a positive effect on the price dynamics of this cryptocurrency. The presence of such a serious company, and one already operating in the fintech field, provides certain guarantees that all the functionality declared by the developers will be implemented in the near future.

What do we know about OmiseGO

Each cryptocurrency user will have his own wallet in which he can buy or sell any cryptocurrency for fiat money, and the operation will occur instantly and with small commissions. This wallet will also provide each user with access to the Omise payment gateway, debit card as well as credit card.

Since Omise has an impressive customer base that regularly makes payments through their system, such qualities as high transaction speed, scalability and network security were already taken into account when designing the cryptocurrency.

You can pay for various purchases directly from your wallet using absolutely any cryptocurrency, and the seller of the product or service will receive the money in their local fiat currency. Quite a convenient idea. At the same time, the seller himself can set a special option and receive a reward only in the cryptocurrency of his choice, for example, in Ethereum. In essence, we have a unique decentralized exchanger that supports both cryptocurrencies and fiat money.

Here are some examples of how you can use OmiseGo in everyday life: make payments, make Money transfers, calculate wages, trade in cryptocurrencies and fiat money, pay bonuses, bonuses, manage your digital assets. The company also promises that new functions will be added depending on their demand and the wishes of ordinary users and business representatives.

Technical features and OmiseGO course forecast

POS mining, total coins currently 98.3 million. Omise intends to significantly reduce commission costs for both sending and receiving payments, and as a result of this benefit, it plans to significantly increase its customer base. Moreover, currency exchange directly in the wallet will also be carried out with the lowest commission. The speed of the exchange itself offered by OMG will allow the exchange rate to be fixed and the user will receive exactly the amount of funds that he planned.

Since the launch, the rate of OMG tokens has been continuously growing, rising from 30 cents to $11 per coin, that is, approximately 40 times. There are prerequisites that this cryptocurrency will continue to grow in price, because behind it is a serious financial company (numerous clients of which will be only too happy to take advantage of the new capabilities of the OmiseGO platform), a competent and well-coordinated team of technical specialists who successfully implement the tasks assigned to them.

How to buy OmiseGO (OMG) cryptocurrency

So to buy cryptocurrency OmiseGO behind rubles, dollars, hryvnia, Euro and so on, we will act according to the already established optimal scheme, using two cryptocurrency exchanges. Eksmo is used to buy Bitcoin for fiat, and Binance is used to buy OmiseGO directly for Bitcoin. So, first we need to buy bitcoins on the Exmo exchange:

1. Go to the official website of the exchange at this link >>

4. Next, enter your Personal Area. The next step after registration is to fund your account. Let's imagine that you don't have any cryptocurrency, and no electronic money, then you need to register in one of the payment systems: Payeer (), Perfect Money (), AdvCash (), Yandex money, OkPay, Capitalist. I personally recommend AdvCash, a very convenient payment system. But you’d better choose the one with the lower commission for replenishing the EXMO exchange. Fees are constantly changing, so check the facts. Also note that when depositing fiat money on Exmo through payment systems, there may be quite high commissions (7-10%). I'm figuring out how to get around this problem.

5. After successfully replenishing your account, we switch to the trading pair BTC/USD or BTC/RUB, depending on the currency you deposited with:

To buy at the current price, we need to buy the required number of sell orders. Enter the number of bitcoins, the price at which we are willing to buy and click the “Buy” button. If everything worked out, then great. If not, then use the “Exchange” tab in the top menu, everything is intuitive there.

6. Now that we have the bitcoins, they will appear in our secure wallet on the exchange and we need to transfer them to the Binance exchange:

7. A window opens, fill in the withdrawal amount and wallet address. I tell you where to get the wallet address in step 8. After you enter the address and click “withdraw”, the money will go to Binance.

Information.If suddenly registration for Binance is closed (this sometimes happens), then to buy OMG you can now use the Kucoin Shares () exchange.

8. To find out the wallet address, you need to register on the Binance exchange ( official site). After going to the site, click the “Register” button in the upper right corner. The exchange's translation into Russian is somewhat lame, but this does not affect the work.

Now we need to fill out the registration form as per the instructions below. Please note that this is a rather unusual two-step captcha verification. The password must be longer than 8 characters, contain lowercase and uppercase letters, and numbers.

After this, check your e-mail, because you should receive a letter with a link to activate your account. We follow it and registration is complete. Next, you need to log into your personal account and top up your account. Please note that verification on the exchange is not mandatory. To top up your balance, you need to click on the “Asset” button in the top menu and select “Withdraw cash from deposit”:

We are taken to a page where we can see the balance of all our funds. Select Bitcoin from the list and opposite it click on the “Deposit” button:

The window that opens will contain your unique deposit address to which you need to transfer bitcoins so that they are credited to your balance on this exchange. We copy this address and paste it in step 7, thereby we will withdraw bitcoins from Exmo to the Binance exchange:

After just two network confirmations, your bitcoins will already be on your balance and you will be able to buy any cryptocurrency you are interested in that is available on this exchange. In this article, we will look at buying the Omise Go cryptocurrency. Go to the section “Shopping center ==> Main”

In the trading interface of the exchange on the right, select the trading pair OMG / BTC that interests us:

Below the chart we see a window for placing trade orders. To buy cryptocurrency, enter the quantity, desired price and click the “buy” button. After this, the trade order is executed and you can see the coins on the page with your balances:

If you are going to store coins directly on the exchange, then to ensure the security of your account, enable two-factor authentication.

Outdated information

Trading on Poloniex is not available for new users without verification, so this method is not relevant now.

8. To find out the desired wallet address, we need to register on the poloniex exchange. Go to the official website of the exchange https://poloniex.com, click on the yellow “Create your account” button in the center of the screen, that is, create a new account.

At the next stage, log into your personal account using your login and password. At this stage you may need to undergo verification. There is nothing complicated here, but it may take some time while technical support checks your documents.

Instructions for passing verification on Poloniex

Fill out the form according to the sample below. An international passport and driver's license are usually also suitable for verification. It is better to fill in Latin letters, but if you find it difficult to fill in Latin, then fill in Russian.

After filling out the form and uploading documents, do not forget to agree to the rules and click the “Save profile” button

In the center of the expanded field, you will see your deposit address on the Poloniex exchange, where you need to send bitcoins to replenish your account. We copy and paste this address in step 7, that is, it is to this address that we withdraw our bitcoins from the EXMO exchange.

After replenishing your account, it will take some time for the bitcoins to be credited to your account, please be patient. Enable 2-factor authentication in the settings, this will speed up your account replenishment. Next, go to the Exchange section, select a trading pair OMG/BTC and make a purchase.

Enter the desired purchase price, the number of coins and click the Buy button. After purchase, OmiseGO will appear in your wallet in the Deposits/Widthdrawals section. Ready!

That's all, friends. In this article, we discussed with you the OmiseGO cryptocurrency, its main purpose, goals and prospects. And also how to purchase it and thereby invest in this technology of the future. I hope you liked this article, I also recommend to your attention articles about such promising cryptocurrencies as: , , . Well, subscribe to blog updates, here I will regularly post information about promising cryptocurrencies and others effective ways investing money.

OMG cryptocurrency has a positive outlook for 2018. It was launched with the direct participation of specialists from the famous international company Omise. The official launch year of the system is considered to be 2017, when its first coins appeared on the market.

Where to buy OMG cryptocurrency

You can buy OBG cryptocurrency on the following exchanges.

You can profitably buy OMG cryptocurrency for BTC on the Binance exchange.

View the exchange rate chart for OMG.

If you don’t have BTC, then we offer to get Bitcoin right now with maximum refback from money-partner here.

Main advantages of OMG cryptocurrency

As the creators of this currency note, it has several fundamental differences that will certainly affect the popularity of the system and will allow it to conquer new markets very soon.

The system has its own wallet, which operates on the all-in-one principle. This allows you to conduct transactions using cryptocurrency and regular money in electronic form.
It is possible to carry out exchange procedures between a decentralized blockchain and a local currency under state control.
All exchange operations are carried out quite quickly, since everything happens in the system itself without recourse to external exchanges.

Thanks to such capabilities, it became possible to support a number of functions.

First of all, OMG cryptocurrency supports the payment type wallet itself for conducting peer-to-peer transactions.
A personal block is used - a network with the help of which the process of confirming transactions with cryptocurrency is carried out.

The blockchain system is a network that has elements of scalability and is accessible to all users. It provides a special system for protecting transmitted information, which operates based on the Proof-of-Stake algorithm. This algorithm is determined by actions directly in the chain of events itself.

Possibilities of an individual blockchain

The creation of a personal blockchain network is explained by the fact that the capabilities of a standard blockchain in terms of its performance are not very high. Therefore, it takes quite a lot of time to confirm transactions.

This approach is unacceptable in situations where fast transactions are required.

Therefore, a personal blockchain has been developed, which is characterized by high speed. Currency transfers carried out with its help eliminate unnecessary operations that load the network.

The buyer can pay for the purchase using cryptocurrency of any level. Then the seller of the goods receives remuneration in a currency of local rank, which is completely centralized, which makes it possible to avoid exchange processes.

Main features of personal blockchain:

The exchange between fiat and forks is not controlled by government-type structures.
The network has a mechanism that allows you to be responsible for the liquidity status of funds that are transferred.
There is a personal gateway for digital assets.
All costs for protecting transactions within the network are automatically projected onto other chains.

Main parameters and forecast for OMG cryptocurrency

At the moment, the total capitalization of this system reaches 1968,921,241 US dollars.

The system token is entirely based on the same principles on which the Ethereum cryptocurrency is built.

The currency has an official website OMG.omise.co, which provides all the necessary information.

The exchange rate quote for Bitcoin is 0.00 179991 per coin.

Based on these parameters and the above description, it is clear that the currency has excellent prospects, which allow it to increase investment volumes and attract new users. Therefore, the purchase of coins is a profitable event from a commercial point of view, which makes it possible to receive dividends during the current period. These proceeds can also be invested in the system and at the end of the year you can receive large amounts of income.

The current cryptocurrency market is increasingly expanding. Therefore, working with such a large number of forks is quite problematic. To carry out any actions, you have to use exchange platforms where you can make the corresponding currency transactions.

Moreover, each exchange supports only a certain set of electronic money and therefore there is a need to open an account on another platform, which is not always convenient. Because of this, there was a need to create a universal exchange platform that could support most forks and carry out exchange operations for a variety of fiat currencies. It is such a system, which was created on the basis of the OmiseGo cryptocurrency, that will be discussed in this article.

The OmiseGo cryptocurrency itself is currently characterized by the following points:

currency designations for exchangers and stock exchanges – OMG;
the token is based on the principles of the Ethereum blockchain;
year of creation – 2017;
official website – OMG.omise.co;
total market capitalization – $1114337298;
exchange rate against Bitcoin – 1 OMG=0.00241094 BTC.

The exact launch date of the coin is the end of this year. In this case, the token will have its own blockchain, which will facilitate and speed up transactions on the network.

Background to the creation of the system itself

OmiseGo is launched by international company Omise, founded in 2013, which supported and processed payments in Japan, Indonesia, Thailand and Singapore, and also quickly moved its financial activities beyond the Pacific region into Asia. This company was presented in Forbes in November 2016 as a “Fintech Rockstar”.

This financial group provides reliable and secure payments in the Asian region for both small and large businesses. It provides the opportunity to conduct mutual settlements both online and offline. The most interesting thing is that the last option of transactions is carried out through a mobile gadget using a special application. Thus, the system guarantees 100% settlement transactions even in the absence of the Internet.

The presence of such a large company as the creator of a new cryptocurrency is a guarantee that it will only gain in value.

The main feature that will become revolutionary in the world of financial transactions between ordinary electronic money and the OmiseGo cryptocurrency is the presence of your own wallet, working on an all-in-one system.

This means that it will be possible to exchange any decentralized blockchain token for any local currency, the issue of which is controlled by a specific state. Moreover, such an operation will be performed in the shortest possible time, since the exchange takes place within the payment system itself.

Thus, the system supports 2 functions:

Direct payment wallet for peer-to-peer transactions.
Blockchain network through which cryptocurrency transactions are confirmed.

The project’s blockchain itself is a scalable and publicly accessible network, where data transmission is protected using the Proof-of-Stake algorithm, which is determined by actions in the chain itself.

The introduction of our own blockchain network is due to the fact that the performance of the standard blockchain is quite low, that is, the waiting time for transaction confirmation is quite high. This is unacceptable during urgent operations. Moreover, the company already has a significant number of clients who use its services when carrying out regular mutual settlements.

Therefore, the OmiseGo blockchain will be faster, and the currency transfers themselves will be cleared of unnecessary operations that load the network. At the same time, payment for any purchase through this wallet can be made by the buyer of either one of the top cryptocurrencies or a lesser-known one. In this case, the seller of the goods will receive a monetary reward for his products or services in the local centralized currency.

For example, when buying a product in India, you can pay with the little-known “ripple”, and the seller will receive the equivalent amount in rupees (Indian currency). The owner of the product can specify another type of fiat money and receive payment in forks. For example, set the function “receive payment only in Bitcoins” in the OmiseGo wallet. There are no such systems yet on the World Wide Web.

OmesiGo’s own blockchain network is characterized by a number of points that have not previously been used in the blockchains of other cryptocurrencies:

The exchange between forks and fiat money will not be controlled by any government financial institution, that is, it will be decentralized.
The network provides a mechanism that is responsible for the liquidity of transferred funds.
A gateway for digital assets is provided, that is, the ability to manage assets will be provided.
Parallel use of the network for the transmission of SMS of the Clearinghouse type.
The costs of securing transactions on the network are automatically projected onto other chains. In this case, the transfer path is chosen such that it increases the cost of these circuits.
Access to the blockchain does not require additional permissions from outside, and the network itself is scalable.
The system, which is tied to the blockchain, is highly efficient, increasing the speed of data transfer between network participants.

Note: more detailed information about the capabilities, structure and technical potential of the OmiseGo blockchain is presented on the official Internet resource.

Currently, the OMG platform has an SDK type of electronic wallet. Application similar system makes it possible to quickly promote a new fork in the financial markets, and also offers comprehensive support to the client, accelerating its entry into the market and consolidating its leading position in the financial segment.

This wallet has a “White Label”, which indicates the possibility of its use by the client in various industries and areas. It gives the prerogatives of free trade in both standard money and any decentralized currency.

It also gives the user access to Omise's payment gateway, virtual card and credit card. Owning an SDK system for payments, any business representative can stylize and adapt the wallet to their type of activity, filling it with the required applications and creating an exclusive design. The wallet is individually configured to suit the owner’s needs. For example, a program of bonus benefits or other rewards (bonuses) can be established and implemented through it.

A distinctive feature of the SDK system is the use of an open protocol for transactions. Thanks to this, exchange between wallets of different technical design becomes much easier. At the same time, you can use mobile communications more efficiently.

The creators of the SDK wallet for OmiseGo claim that it will be quite flexible. This will allow the client to bring maximum benefit when conducting financial transactions of any kind.

What are the advantages of using a new financial platform?

One of the main missions stated before the emergence of the OmiseGo project is to create optimal conditions for the financial participation of the parties. At the same time, the principles that are embedded in the system itself must radically change the work of existing financial structures.

At the everyday level, this means that with the launch of the OMG project the following points will be achieved:

Making payments for sending and receiving will become cheaper, that is, the commission fee from the direct owners of funds will decrease. This moment should attract a significant number of solvent clients to the system. After all, the main drawback of any current financial structure is the prohibitively high commission, which simply robs ordinary clients to the point of indecency.
It will become possible to quickly exchange currency within the system, which will also have a reduced commission. The exchange rate will allow you to fix the initial exchange rate of currencies to each other at the time of the transaction. In other words, the user will receive exactly the amount of money he expects. This was not the case before, since the transaction speed of the same Bitcoin ranged from several minutes to a day and, accordingly, during this time the rate could change significantly, and the client did not receive the required amount in fiat equivalent.
Before the start of the project, coins called “OmiseGO tokens” (OMG tokens) will be released. Their owners will be able to receive additional profit for verifying payment transactions using a special type of PoS network.

At the same time, OMG tokens represent the internal currency of the network of the same name. At the time of launch, the estimated cost of 1 coin in relation to the US dollar is 1 OMG = $ 0.00149015.

This system provides the opportunity for universal exchange of various currencies in large quantities and at a low cost on an open blockchain. OmiseGO provides a next-generation platform for the transaction of value between crypto money and fiat currency.

OmiseGO is available to any client. To use it, you just need to connect to the Ethereum network. Technically new site promises to become one that will significantly simplify access to cryptocurrency for millions of people who want it. Perhaps, thanks to this particular system, the number of cryptocoin supporters will increase significantly. After all, it will now become much easier to switch from payments with paper money to payments using cryptocurrencies.

In this case, the main goal is to increase competition in the world of crypto money and bring it to the state of absolute (perfect).

Summary

The emergence of such an innovative type of financial platform, which will become available to any user, should produce a revolutionary boom both in the world of cryptocurrency and in the system of decentralized money. Despite some controversial issues that are causing a lot of discussion in the financial world, there is a lot to be said for the significant potential of OmiseGO.

Therefore, the parallel launch of our own blockchain network with new tokens is quite promising, and we can predict a significant increase in the value of the cryptocurrency called OmiseGo in the near future.

OmisGo has absorbed the best qualities of cryptocurrencies and added new features.

In fact, it is not just a currency, but an entire decentralized system of payments and exchange. The project was launched in the second half of 2017 after the implementation of the ICO of the same name; it was possible to collect more than $20 million for the OMG token.

Contents:

Story

Omise, established in 2013, provides financial services in Asian countries: Japan, Singapore, Indonesia and Thailand and has managed to earn an impeccable reputation and actively cooperates with small and medium-sized businesses.

In 2016, a venture funding campaign was implemented, which made it possible to raise $25 million for tokens.

At the beginning of 2017, the creation of a new project, OmiseGO, was announced and work began on the creation and launch of the project.

Features of OmiseGO (OmisGo)

The main mission of the OmisGou project and his team is “Liberation from the tyranny of banks.”

The idea behind OmiseGO is this:- consolidation in one place of payment transactions, currency exchange from private and legal entities and organizational repositories.

This implementation allows users to conveniently and quickly exchange regular fiat money for various cryptocurrencies.

This Blockchain OmiseGo is easy to access and its large scale also provides guaranteed security for financial transactions.

To be able to exchange money, it is not necessary to have a bank account, because... the system already has a reserve of funds in national currency.

Thanks to scalability, users can carry out calculations in a few minutes, and the costs will be much lower than those of competitive analogues. This approach makes it more attractive for the average user because it uses decentralization. Another feature that can be noted is the simplified exchange procedure. The fact is that other crypto coins use , which slows down the process, but OmiseGO links wallets with its central chain through which users can quickly and easily exchange cryptocurrencies.

Safety

OmiseGO uses a proof-of-stake security method.

The principle of its operation is such that using this method, the algorithm that forms the block does not depend on the power of the computer ( computing device), but the block will be formed with a high probability that account, which has more funds on its balance.

All processes have a liquidity mechanism.

Messages are transmitted through the Clearinghouse network.

Crypto coin capitalization, price and trend

OmiseGO currently has a market capitalization of over $1.5 billion.

In less than a year (or rather, in a couple of months), the crypt grew from $0.35 to $15, that is, almost 43 times.

This growth was ensured by the release of the White Paper, authored by Joseph Poon (creator of OMG) and Vitaly Buterin (founder of Ethereum), which talks about the Plasma project and its prospects.

At the same time, Omise announced that they would build their new product on Plasma.

Thanks to this, investors at the current stage could receive or have already received a profit forty times higher than the initial investment. If you look at history, even the pioneer does not show such growth. According to analysts, the OMG cryptocurrency will grow, although now all major similar assets are falling in price. These are local drops, because the market is speculative. The same situation applies to OmiseGO.

Transaction speed and cost

The network is implemented in such a way that each participant has a direct influence on the storage and exchange of tokens.

Having an interconnected blockchain design, your own blockchain and electronic wallet, transactions are completed quickly and efficiently.

On the OmiseGO blockchain, settlements and clearing take place, while at the same time, security costs are transferred to other chains (blocks), which directly promote the value of these chains.

You can check the OmiseGO transaction through Eterscan using the link - https://etherscan.io/token/OmiseGo

About Mining OMG

The company has not announced any coins for .

The coins were issued once and were distributed after the initial offer:

Also call this system a cryptocurrency in the full sense of the word, like, etc. it will be wrong.

A more accurate word to describe this product is crypto-shares.

The company distributes profits among the owners.

In addition to receiving a percentage of the amount in the wallet, owners of “coins” will be able to earn money when tokens become more expensive, or by speculating on exchanges.

Simply put, to replace mining, OMG uses a different principle of “production” of new coins - this is the accrual of a percentage of their amount in the wallet to active users, stimulating users to keep coins on their balance sheet and increase their number due to the accrued interest.

Wallet creation and storage

The situation with the wallet is interesting. The company has not yet created its own wallet, but there are others to which you can add this crypt. For example, Exodus.

is a public financial technology based on Ethereum that can be used in popular wallets to enable peer-to-peer trading of assets in real time, as well as in payment services in jurisdictions where such services are poorly developed. OmiseGO allows you to work with both cryptocurrencies and traditional fiat currencies. Access to the platform will be provided through the OmiseGO network and digital wallet shell, which will be available to the general public starting in the fourth quarter of 2017.

Omise is the answer to the fundamental problem of coordination between payment systems, gateways and financial institutions. By providing a decentralized exchange on a public blockchain with high volumes and low costs, OmiseGO provides a next generation value transfer service operating across multiple currencies and asset types.

Through the company's network connected to the Ethereum network, everyone will be able to conduct financial transactions such as payments, remittances, payroll, B2B commerce, supply chain finance, loyalty programs, asset management and trading and other on-demand services, completely decentralized and low-cost way. Additionally, millions of mainstream users in the world's largest growing economies will have the opportunity to transition from using financial means to using decentralized currencies such as ETH, BTC and others.