How to buy Omm cryptocurrency
The Omm tokens is hard to get, owing to the shortage of cryptocurrency exchanges that offer it. The one exchange propose three trading pairs: OMM/IUSDC, OMM/USDS and OMM/SICX. Full details is located above.
Where to buy Omm
Step 1You need an account with a cryptocurrency exchange that supports Omm cryptocurrency. All of them listed on our site. Create it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
Balanced Network | ?? / ?? | LOW | No | $8 |
Buy or transfer with peer-to-peer trading one of this coins: IUSDC, SICX or USDS.
Step 3Switch to spot market on your crypto exchange and type the coin name in search box. Choose between available trading pairs, then set order and push Buy OMM button.
Congratulations!
After pushing buy, the Omm coin will be transferred to your account on the trading platform. You need to know that just moving your coins off exchange to secure hardware wallet, you can improve protection of your investments. This would not just cut your risk if your trading platform or account gets hacked, but if you move to cold wallet, your Omm turn into virtually unhackable. The only con generally have to pay a small withdrawal fee to transfer your tokens off of the exchange.
What is Omm
Omm is a money market on the ICON blockchain. It operates as a DAO, with Omm Tokens (OMM) as its governance token. When staked, OMM grants the holder voting rights and a share of the staking rewards. You can earn Omm Tokens by using Omm: supply or borrow assets, stake OMM, or supply OMM liquidity to the Balanced exchange. The first Omm Tokens were minted on 26 August 2021 (48 hours after launch), and the supply increases daily. 1,000,000 OMM was distributed each day for 30 days, and it now maintains a rate of 400,000/day for the rest of the first year. The daily amount is then reduced by 100,000 each year, until year 5+ when the rate stabilises at 3% inflation. What is Omm? How is it different? Omm is a money market on the ICON Network
Video Review
Omm animated explainer overview
Statistics and Externals
Concepts of hash algorithm not applicable to Omm tokens.
Price and supply
The current total supply is 36800000, with a circulating supply of 0 OMM as of Oct 2024. The Omm maximum amount of coins that will ever exist is 1000000000.
The price of Omm token is $0.00917655 as of 06:19 AM. The price went down on 0% over the past 24 hours. The recent price action left the token's market capitalization at 0 united states dollars. Thus far last 30 days, the Omm coin went down on 0%.
FAQ
What exchange can I buy Omm coin?
Omm token can be purchased from 1 exchange. Some of them: Balanced Network.
Is Omm cryptocurrency a good investment?
The Omm cryptocurrency is a risky asset that can lost value. Because of high volatility of all cryptocurrency market you must understand: learn the risks before you start trading, any cryptocurrency has a possibility price to crash to zero and unexpected changes in market can lead to sharp and sudden moves in price. Aside from that it's way to get rich by investing in crypto.
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About the author
Qayyum Rajan, CFA is a fintech entrepreneur with multiple exits. He started his startup and blockchain career in 2017 building software to automate securities issuance on Ethereum, and never stopped building.
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