Are you spending too much time studying everything about newly emerged cryptos in the market? Or perhaps, you couldn’t find the right coin to invest in as you are too confused due to plenty of choices available?
Well, whatever the reason is, we hope that this article is going to help you a lot.
How? Because here we have mentioned everything you want to know about ECOMI which is probably getting tremendous popularity due to its easy trading and performance levels.
Not only that, but currently 3,111 unique individuals are exploring everything about this coin as it is ranked #30 on different mentions and activities.
These stats show that ECOMI is already doing well in the crypto world. So why not take some time to learn and explore how to buy ECOMI coin? If you are really interested in buying an ECOMI coin, make sure you read the article till the end.
What is ECOMI Coin?
ECOMI is a popular technology company which is located in Singapore. It serves as a one-stop shop for all the digital collectibles by using the ECOMI Collect app which is designed to bring pop culture and entertainment into today’s modern era. This app enables people to experience the exclusive ownership of digital collectibles.
By using the app marketplace, people can easily get common, popular, rare, or exclusive digital collectibles. Not only that, but they can also share the collectibles across social networking services, and then exchange them using the Collect community, easily and effectively without experiencing any issues.
Currently, OMI which is the governance token of the ECOMI has been listed on lots of crypto exchanges, unlike other cryptocurrencies.
Let’s find out how to buy ECOMI coin:
How to Buy ECOMI Coin?
The unique thing about the ECOMI coin is, that you cannot purchase it directly with your fiat money. First, you need to buy bitcoin from any larger exchange and then transfer it to the exchange that allows trading of this coin. Buying OMI coin is also much easier as it doesn’t involve any complications or technical difficulties.
Follow these steps to buy Ecomi coin:
- Get Registered on Coinbase:
Buy one of the popular cryptocurrencies such as bitcoin or ether. After that, use Coinbase which is probably the largest crypto exchange that easily accepts your decree deposits.
Now you need to register yourself at Coinbase. Enter your e-mail and choose ‘Get started’. always give your real name because Coinbase needs it for explanation verification.
Make sure you choose a strong password so that your account isn’t compromised by hackers. After that, you will get a confirmation email. Open the email and choose the link that exists in the email. Now you are required to provide your valid contact number so you can set up two-factor authentication (2FA). This is a security layer for your account. And we strongly recommend you to keep this feature on.
In the end, you are required to finish your identity verification.
- Buy Your Desired Coin with Fiat Money:
Once you are done with the KYC process, you will need to add your desired payment method. You can either provide a credit/debit card or add a bank transfer method.
Remember, you will be charged quite high fees when you use cards. However, you can also make a quick purchase. While bank transfer method is inexpensive but also takes some time to process, depending on your country of residence.
Because some countries provide instant cash deposits at extremely cheap rates. For example, iDeal in European countries.
You are all set now. Choose the “trade” button at the top left and select the coin you want to buy.
- Transfer Cryptos to an Altcoin Exchange:
The process is not completed yet. We all know that OMI is an altcoin so we are required to transfer the coins to a specific exchange where OMI can be easily traded.
Most people choose Gate.io as their desired exchange. This is one of the popular exchanges that allow the trading of altcoins. It features a huge number of tradable altcoins pairs.
- Deposit Bitcoin to Exchange:
Depending on the policies and rules of the exchange you choose, you might need to follow another KYC process. This may take you 30 minutes to a few days maximum. The process is pretty straightforward to understand for everyone. Once you follow it, you will have complete access to your exchange wallet.
- Trade Your Ecomi Coin:
Once you have completed the above step, it’s time to go back to Bitmax for buying ECOMI (OMI) with all the bitcoins you purchased.
Move your cursor to “trading” and choose “standard” under cash trading.
In the next left column, you will need to choose the “BTC” pair and then type “OMI” in the search bar. After moving your coin, click on it and you will have a complete price table of the OMI coin in the center of the page.
Choose the “Market” tab because this is the easy way of buying orders. Or you can also choose to enter your amount or select what portion of the bitcoin deposit you wish to spend on buying the coin.
Once you confirm everything, you need to click “Buy OMI”. And finally, you own your desired coin.
What Problems Does Ecomi Coin Solve?
ECOMI claims to solve hundreds of issues that you have never expected. For example, it promises to protect your digitally licensed assets.
To accomplish this, the ECOMI network offers its users a hardware wallet, which looks like a secure way to store all the cryptocurrency.
Hardware wallets can successfully store your assets offline. They efficiently keep your money out of the reach of hackers. These hardware wallets may need buttons for confirming transactions. And this is quite helpful. Why? because no matter how someone is hacking, they are not able to press a physical button over the internet.
Buying an ECOMI coin is pretty easy today if you follow all the above-mentioned steps correctly. The only condition is, to get hold of the money you want to invest in. It’s also important to note that cryptocurrency is an extremely volatile market so you need to be very careful when it comes to investing.
In case you invest in the coin and want to promote or market your project, you can also take the help of Promote coin professionals that help implement crypto marketing strategies to offer your project more exposure and visibility.To stay updated with new articles and the latest information about cryptos, stay tuned to our blog page.