Live OMG Price
At the moment OMG Network price is 1.67$ with a circulation supply of 704555.37 OMG.
Live OMG Network Price Chart
Live OMG Price Change and Market Cap
Currently, the OMG price is 1.67$. According to the OMG Network price chart, the 24-hour change is 3.92%. The total market capitalization of OMG Network is $714408 with 427789 OMG in circulation. In the previous 24 hours, the OMG Network price hit highs of 1.679$ and lows of 1.623$.
OMG Network Price Prediction
OMG Network began trading in July 2017 at less than a dollar. In parallel to the market rally, OMG Network price also climbed up the same year. On 08 January 2018, OMG Network price peaked at $28.35, but the celebrations didn’t last long as bears hit the market right after the all-time high. OMG Network price closed 2018 at $1.37 and in the next year, OMG price dropped further to $0.621. Though Q1 2020 took OMG Network price below 50 cents, OMG recovered in the second quarter. By July 2020, OMG Network price reached $1.51.
OMG Network price predictions for the long-term show a bullish trend. We may see OMG Network price to be anywhere between $17 - $28 by 2025. OMG Network price will be hitting new heights in 2030, still, it's too early to quote accurate figures. As more and more people use Decentralised exchanges to swap cryptocurrencies, OMG Network price will continue to rise.
OMG Network Exchange
On ChangeHero, you can exchange OMG Network against a wide range of cryptocurrencies. For your OMG Network exchange, we offer two types of rates – Best Rate, Fixed Rate. In the Best Rate OMG Network exchange, you will be given the best available rate in the market. Please note that the final amount of crypto you receive may differ slightly from the estimate. In the Fixed Rate OMG Network exchange, we freeze a good rate for 15 minutes, it’s optimal to avoid price fluctuations during the OMG Network exchange. In any case, we process your OMG Network exchange in a few minutes and deliver crypto safely to your wallet.
Enter the amount and provide your address
Choose the OMG pair you want to trade and input your Wallet address(es).
Confirm your transaction
Check all the data once again and confirm your transaction.
ChangeHero will generate a deposit address, use your Wallet to send funds there.
Wait for the exchange to complete
Wait a few minutes — your assets are on the way to your Wallet!
What is OMG Network?
OMG Network is a decentralized payment protocol developed by Omise, a popular payment services company in Asia. OMG Network was set up to provide access to financial services for the unbanked through cheaper and faster transactions. OMG Network is built on the Ethereum network and uses the Plasma architecture to achieve the scaling. OMG also built ODEX, a decentralized exchange for conducting crypto exchanges without any intermediaries.
Proof-of-Stake (PoS) is used as a consensus mechanism in OMG Network. OMG Network trades with the ticker OMG. The supply of OMG is limited to 140 million and issued through an ICO in 2017. OMG fuels the chain through transaction fees. OMG can be traded against other cryptocurrencies and also Burger King accepts OMG as a means of payment in Thailand.
Frequently Asked Questions
What are the fees for OMG Network exchange?
We charge a low fee of 0.5% for your OMG Network exchange.
How long does it take to exchange OMG Network?
Usually, it takes less than 15 minutes for a transaction to be processed. The time may vary depending on the blockchain.
Do I need to go through a KYC procedure for exchanging OMG?
No, you are not required to go through a KYC procedure for OMG Network exchange. In some cases, we may ask you to go through a verification procedure if our threat detection system raises an alarm.
Can I buy OMG Network with Paypal?
No, we don’t accept Paypal. On ChangeHero you can buy OMG with other cryptocurrencies.
Where can I find the latest OMG news?
You are in the right place, we publish all the latest OMG news on our blog. Give it a try!
Can I check the live OMG price?
Our OMG price chart shows you the live OMG price and you can also track the price changes in the last 30 days.
Do I need to create an account to exchange OMG Network?
ChangeHero is a completely account-free cryptocurrency exchange. You will not be asked to register for your OMG Network exchange.
How many blockchain confirmations are needed for OMG?
We consider OMG Network received after 40 blockchain confirmations.