Starting today, Coinbase supports OmiseGO (OMG) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store OMG. OMG will be available for customers in all Coinbase-supported regions, with the exception of New York State.
OmiseGo (OMG) is an Ethereum token that powers the OmiseGo smart contract platform, which allows for businesses and individuals more financial freedom through financial services and investments. The platform’s goal is to facilitate moving funds between payment systems and decentralized blockchains like Ethereum. This allows for better banking and financial services for everyone, including people in developing countries who don’t have access to traditional banking services.
In 2017, the OMG team conducted an airdrop. If you held an ETH balance greater than 0.1 on Coinbase on July 7, 2017 at 4:36 PM UTC, you’ll receive OMG from Coinbase. The amount of OMG you’ll receive depends on how much ETH you had in your account at the time stated above.
One of the most common requests we hear from customers is to be able to buy and sell more cryptocurrencies on Coinbase. Per the terms of our listing process, we anticipate supporting more assets that meet our standards over time. We are also investing in new tools to help people understand and explore cryptocurrencies. We launched informational asset pages (see OMG here), as well as a new section of the Coinbase website to answer common questions about crypto.
You can sign up for a Coinbase account here to buy, sell, convert, send, receive, or store OMG today.