Frequently asked questions
How is the price of OMG Network (OMG) determined?
The price of OMG Network (OMG) is determined by the market forces of supply and demand. When more people want to buy OMG than there are sellers, the price goes up. When more people want to sell OMG than there are buyers, the price goes down. Factors that can influence the demand for OMG include news, adoption, and overall market sentiment.
How much does OMG Network (OMG) cost to buy?
The cost of OMG Network (OMG) will vary depending on the current market price. You can check the current price of OMG on the BTC Markets prices page.
Is it safe to buy OMG Network (OMG)?
As with any investment, there is always a level of risk involved. It is important to conduct your own research.
Can you convert OMG Network (OMG) to cash?
Yes, you can convert OMG Network (OMG) to cash by selling it on a BTC Markets exchange as we support OMG trading and then withdrawing the funds in AUD to your bank account.
How did OMG Network (OMG) begin?
OMG Network (OMG) is a project created by Omise, a fintech company founded in 2013 that provides payment services in Southeast Asia. In 2017, Omise launched the OmiseGO network with the goal of creating a decentralised, public financial infrastructure for Southeast Asia and beyond. The OMG token was created as a utility token to be used on the network and sold through an initial coin offering (ICO) to fund the development of the network.