Coinbase now supports OmiseGO (OMG) on its website and apps

Steffy Bogdanova
May 22, 2020 9:57 am

Coinbase launched OmiseGO (OMG) at Coinbase.com and in the Coinbase Android and iOS apps today. OMG will be available for customers to buy, sell convert, send, receive or store in all Coinbase-supported regions, except New York State.

OmiseGo (OMG) is an Ethereum token which powers the OmiseGo smart contract platform and gives businesses and individuals more financial freedom through financial services and investments.

The platform aims to facilitate moving funds between payment systems and decentralized blockchains like Ethereum, allowing for better banking and financial services including for people in developing countries who don’t have access to traditional banking services.

OmiseGO (OMG) on Coinbase website and apps

The OMG team conducted an airdrop in 2017. If anyone held ETH balance more than 0.1 on Coinbase on July 7, 2017 at 4:36 PM UTC, they will receive an amount OMG from Coinbase, depending on how much ETH they had in their account at the mentioned time.

The launch of OmiseGo (OMG) on Coinbase is motivated by user requests for more cryptocurrency availability. The platform is also investing in new tools to help people understand and explore crypto. There is an informational asset page launched on the platform, as well as a new section on the website to answer common questions.

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Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.
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