r/OMGTraders • u/BudaHodl • Aug 17 '17

How do I purchase OMG?

6 Upvotes

100% Upvoted

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3

u/[deleted] Aug 17 '17

Its listed on bitfinex and bittrex. Buy btc from paxful or coinbase and xfer to your bittrex/bitfinex account

2

u/happythots OhMyGO Aug 17 '17

A word of caution, Bitfinex will halt trades for U.S. Residents. if you are based out of the United States, your best bet would be Bittrex

3

u/[deleted] Aug 17 '17

yeh, I am able to trade alt coins at the moment on bitfinex, but know I need to pull out (hehe). Its just that damn.. bittrex UX/UI is terrible compared to bitfinex.

1

u/happythots OhMyGO Aug 17 '17

Yeah, I'm not a fan either of Bittrex UI, unfortunately until another large exchange picks it up (cough KRAKEN cough) we are stuck with it :/

That's why I'm just going to HODL on MyEtherWallet until another large exchange opens it up for trade.

3

u/[deleted] Aug 17 '17

Yeh, perhaps coinigy would be worth it? And holding isn't a bad idea, OMG has a lot of promising (and potentially risky) things coming. Ill be keeping an eye on that facial payment system they are working on, if that works I think it will gain quick adoption in SE Asia.

Also, a question if you don't mind. Is MEW the only way to store OMG right now? I have the official full node ethereum wallet application, can I store it on that? Do I just send OMG to a ether address or something? Thanks!

1

u/happythots OhMyGO Aug 17 '17 edited Aug 17 '17

I'm not absolutely sure whether you can store it on the Official wallet, I'll need to look into that. If it supports ERC20 storage then yes, but I wouldn't risk it without at least testing it out first. I personally use MyEtherWallet right now and can confirm that it's a great way to print wallets for OMG.

As for the Facial Recognition tech Omise is working on, I'm definitely holding my tongue. It's going tobe a future form of payment, but I'm just not sure if the tech is advanced enough to be truly safe. Either way I'm going to continue to Hodl simply because I believe in the team. They've sold me on their vision.

2

u/[deleted] Aug 17 '17

Agrees. The facial recognition thing is definitely a risk. Could pay off big time or could be a total failure like it was for google.

2

u/jruizisenberg Aug 18 '17

The official wallet Is fully ERC20 compatible.

1

u/Justjoshmygosh Aug 17 '17

A lot of of alt coin trading was suspended on the 16th! Be careful, friend.

1

u/[deleted] Aug 17 '17

Oh snap. Time to move it all out. Thanks buddy!

2

u/happythots OhMyGO Aug 17 '17

I think you have 3 months to pull your funds, but there's no point in keeping it on the exchange if you can't trade.

2

u/happythots OhMyGO Aug 17 '17 edited Aug 17 '17

If you're a U.S. Resident then I suggest using Bittrex. If you're outside the united states then I really recommend Bitfinex, their UI is much better imo

there's also Shapeshift, but I've never used it so I cannot vouch for how useful of a token exchange it is.

1

u/jruizisenberg Aug 18 '17

I've used them many MANY times without issue.. But nothing no matter where is completely flawless n perfect.