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How to Buy Omi Crypto? Is it a Good Investment?

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Are you fond of investing in cryptocurrency? If yes, then I bet you have already traded a lot… maybe cryptos like bitcoin, ether, and dogecoin are your favorite, like everyone else. But trust me, these are not the only coins that come with a potential investment opportunity.

When it comes to crypto trading, you always need to ensure that you are finding the right coin and ideal crypto platform that offers lucrative opportunities in the future. Buying, selling, and trading cryptos are undoubtedly serious matters. You need to make sure that your investment is going to open new doors of opportunities without any risk.

With that being said, Omi crypto is probably the best choice. While it is not much popular out there, but it is slowly becoming a reliable and popular coin among others. In fact, it has been listed on hundreds of other exchanges. 

But did you know exactly what the Omi coin is? How to buy it? And if it’s a good investment? Let’s find out everything in detail.

What is Omi Crypto?

Just like other coins you see in the crypto market, Omi is also a cryptocurrency that is offered by ECOMI – which is mainly a blockchain project created and developed in Singapore.

It represents the organization that has initiated the project. The CEO of the company is David Yu and Joseph Janik and Daniel Crothers are the names of its co-founders.

ECOMI collaborated with ORBIS Blockchain Technologies Ltd and with their successful collaboration, they developed a VeVe platform. Now the platform is designed to provide multiple digital collectibles which include digital streaming, gaming, in-app purchases, and many more. 

You can easily buy, sell and trade your digital collectibles using this advanced VeVe platform with OMI tokens. The coin also helps keep track of ownership which records the details of every transaction.

How to Buy OMI Crypto?

Omi coin has been listed on different platforms. But unlike mainstream cryptos, you can purchase it directly using fiat money. However, OMI coins can be purchased by first buying ether from a fiat-to-crypto exchange, and then you can easily transfer it to an exchange that fully supports Omi token trading.

Follow these steps for buying Omi crypto:

  1. Sign up to Fiat-to-crypto Exchange:

When it comes to buying a popular cryptocurrency like Ether or Bitcoin, we first register ourselves on a fiat-to-crypto exchange. This is a process that involves creating your account by adding all your personal details and then following the entire KYC process. Now every exchange comes with its own fee policy and a different set of rules and features that you need to consider.

  1. Buy Bitcoin or Ether with Fiat Money:

Once you have completed the KYC process, it’s time to add your desired payment method. You can either select a debit card or credit card payment method or even a bank transfer. After you have selected your desired payment method, you can easily buy ether or bitcoin while choosing your corresponding trading option.

  1. Transfer your BTC or ETH to the Altcoin Exchange:

Just because Omi is also an altcoin, you are required to find an exchange that fully supports OMI trading. Once you will register your account on the exchange, you can deposit the BTC or ETH and then proceed with the next steps to buy OMI crypto.

  1. Choose a Wallet Where You Want to Store Omi Coins:

Like traditional cryptos available in the market, it’s extremely important to securely store all your purchased Omi tokens. That’s why you need to choose a wallet where you can securely store them. You can select from three different types of crypto storage wallets which include:

  • Online wallets
  • Software wallets
  • Hardware wallets (cold wallets)

Different Considerations When Buying Omi Crypto

You need to keep a couple of things in your mind when it comes to buying Omi tokens.

  • The supply of the token is quite limited. There are only 750 billion Omi tokens. And the first 20% was provided in the public and private sales, and these were 150 billion tokens. After that, 40% of the supply which was around 300 billion tokens was secured in reserves. This means it can never become part of the main supply.
  • It’s also important to know that ECOMI is getting extremely popular each day because it has already partnered with different reputed brands such as Major League Baseball, National Football League, and many more.

So, Is Omi a Good Investment?

Cointobuy is responsible to analyze the everyday values of Omi tokens from the past 6-7 months. It’s just because they need to evaluate the potential return on investment in the year 2021 and onwards. 

We all know that the overall value of cryptocurrencies follows some wave-like pattern because the demand for the coin always changes according to technological improvements, collaborations of blockchain, and also the acceptance or rejection of coins by governments. 

Now the Omi crypto has hit the lowest value of $0.0000034 in 2019 November. However, it also follows the same wave-like pattern as other cryptos. That’s why, there are chances that the token will soon reattain its highest value of $0.013, which will be achieved in May 2021.

Based on the recent analysis of Cointobuy, OMI also features a safety rank of 4.3 out of 10, which places it at the #177 on the overall list of 4,138 assets. 

With a lucrative return of +142.1%, the Omi price prediction is at $0.016. however, the dominant element in determining the ranking of Omi is user votes. 

Final Thoughts

If you want to invest in the Omi cryptocurrency, you really need to understand everything about it. how to buy it, what factors are involved in its trading, and how much potential it holds in the market.Well, I am sure there are plenty of things that got cleared in this article. However, if you are still confused and couldn’t decide whether you should choose Omi crypto or not, then it’s time to get the guidance of Promote Coin experts who can tell you more about the coin and how to promote and market your coin in the saturated market.