How to Buy Omisego (OMG) – A Beginner’s Guide

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how to buy omisego

You heard about OmiseGO and now ask yourself how to buy OmiseGO? Just read our step by step instructions, and you’re going to know what to do.

Step 1: Set up your Coinbase Account 

Coinbase is one of the most reputable cryptocurrency exchanges if you appreciate our article and want to support our work you can use Coinbase if you purchase more than $100 worth of any cryptocurrency on Coinbase you will get $10 bitcoin for free.

HERE you can create your FREE Coinbase account in a few minutes.

Step 2: Purchase BTC or ETH

After you finished setting up your account, buy some Bitcoin (BTC) or Ethereum (ETH) on Coinbase, keep in mind that bitcoin has slower transaction times and higher transaction fees.

Step 3: Register your Binance Account 

 Binance offers a wide variety of cryptocurrencies, has low fees, and is considered highly trustworthy by the crypto community, to ensure you are paying the lowest fees enable “Use BNB to pay for fees” in your account settings.

Setup your account here on Binance

Omisego Price Fluctuation

Good Job, you now have a Coinbase and Binance Account but probably ask yourself where to buy Omisego, just follow the next steps, and you will understand how to buy Omisego OMG at the best market rate.

Step 4: Top up your Binance Account via Coinbase 

Whether you bought BTC (Bitcoin) or ETH (Ethereum) in the previous steps, now it´s time to transfer your currency from Coinbase to Binance to buy OmiseGO, to do that just keep reading: 

Go to your Binance Account Settings, click funds and then deposits, search for the coin of your choice (BTC or ETH) and select it, make sure you copy the correct deposit address.

Learn more: Bitfinex vs Coinbase – Which trading platform is better?

Afterward, go to Coinbase and click on Accounts, then on send next to the currency you purchased earlier in step 2, type in the amount of BTC or ETH you want to send and click send, it will take some time for the transfer to go through and get enough confirmations (ETH will be faster than BTC in this regard).

IMPORTANT – make sure you copy the right address, double-check the deposit address, and never send bitcoin to an Ethereum address or vice versa, else your funds will be irreversibly lost.

Step 5: How to buy OmiseGO. 

After the transfer to your Binance account got confirmed and showed up in your account, you can finally buy OMG with the currency you just transferred in the previous step. 

Learn more: Everything you have to know about Coinbase wallet

To do that, just go to Exchange ⇾ Basic in the top right corner, select ETH or BTC (depending on what currency you purchased on Coinbase), and type OMG into the search form, click on it. Now you have the option to purchase OmiseGO, you can use a percentage of all your funds (if you only want to use 25% of your credits, for example) or type in the exact amount you wish to purchase.

Once you decide on how much OmiseGO you wanna buy just click the “Buy OMG” button, within seconds, your OmiseGO will show up under Funds ⇾ Deposits ⇾ OMG.

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