How to buy OMG Foundation (OMG)

Evelyn Zhang
2 min readAug 9, 2022

OMG Foundation (previously known as OMG Network and OmiseGO) or OMG Token (OMG/USDT — Trade it here) is a value transfer network for Ethereum and any ERC-20 token. Calling itself the first production grade Layer 2 Ethereum scaling solution, it aims to help people move money and various digital assets on the blockchain faster, cheaper and without compromising security. I’m doing it. This article will cover the main features of the project and how to buy, sell or earn his OMG on MEXC.

OMG hit its maximum price (ATH) of 20.07200 USDT in May 2021 after being listed on MEXC in 2021. As of July 2022, it is trading at about 2.2 USDT.

mexc omg

How OMG Foundation works with Ethereum

The OMG Foundation has many technical features designed to be compatible with the Ethereum blockchain. Therefore, all nodes that validate transactions on the blockchain must be set up as nodes on the Ethereum blockchain. An e-wallet provider can also design new Ether-backed assets or create smart contracts that bind Ethereum to his OMG foundation under certain conditions. Once the contract is executed, these funds will be unlocked again and returned to their original owners. The idea is that transactions between e-wallets can be done at scale on the OMG Foundation, with final transactions ultimately settled in Ethereum.

How to buy OMG?

Looking for how to buy OMG? You can freely buy project token on MEXC via following the steps:

  1. Log in to your {Our Name} account and click [Trade]. Click on [Spot].
  2. Search “OMG” using the search bar to see the available trading pairs. Take OMG/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of OMG you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy OMG] to confirm your order. You will find the purchased OMG in your Spot Wallet.

For the comprehensive guide on how to buy OMG and other available tokens, please visit special MEXC How to Buy Guides Section.

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