What is OMG Network (OMG)?
OMG Network is a public blockchain network that takes advantage of Plasma architecture to offer a user-friendly scaling solution for Ethereum. It was created in 2017 by Vansa Chatikavanij as OmiseGo and later changed to OMG Network. Recently, the project was rebranded to OMG Foundation, but the name OMG Network is still more popular with the blockchain community.
How OMG Network (OMG) Works
The network uses a framework called Plasma to facilitate transactions as a layer 2. With this architecture, transactions are processed on the OMG Network and then they are broadcasted to Ethereum in batches for final validation once the transactions are completed. While this saves time and money as well as takes advantage of the security that Ethereum offers, it is very unlikely that a plasma chain like OMG Network can support a wide range of sophisticated smart contracts.
How Many OMG Network (OMG) Tokens Are in Circulation?
The total supply of OMG token, the native token of the OMG Network, is 140,245,399 and all of them are in circulation.
How to Buy OMG Network (OMG)
Consider investing in OMG Network (OMG)? It only takes 2 minutes to create an account on Bitget and start trading OMG.
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OMG Network (OMG) Resources
Simple 3-step guide to buying OMG today in Estonia
Create your free Bitget account
Select a funding method
Complete your OMG Network purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for OMG Network using a payment method of your choice:
Buy OMG Network with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your OMG Network order.
How to buy crypto with credit/debit cardBuy OMG Network with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into OMG Network is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your OMG Network order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your OMG Network order.Buy OMG Network with the fiat balance in your Bitget account
You can Deposit fiat funds using SEPA to top up your Bitget fiat balance. Then click Buy Crypto > [Cash conversion] in the top navigation bar to place your OMG Network order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor OMG Network in your Bitget spot wallet
Bitget—where the world trades OMG Network
How to buy OMG Network for free
- Learn how to earn OMG Network for free through the Learn2Earn promotion
- Earn free OMG Network by inviting friends to join Bitget's Assist2Earn promotion
- Receive free OMG Network airdrops by joining On-going challenges and promotions
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No matter where you are in the country, trading OMG Network(OMG) is a piece of cake when done with Bitget. A range of varied payment options, such as P2P trading, crypto deposits, and third-party merchants such as Apple Pay, Google Pay, and different credit card services, can satisfy the needs of any crypto enthusiast.