The OMG Network (formerly known as OmiseGo) is a value transfer network built on the Ethereum blockchain and for any ERC-20 token. While OMG Network has gone through some interesting changes over the years, it now describes itself as the first-ever production-grade layer-2 ETH scalable network that lets users transfer money on the blockchain quicker, cheaper, and safer than others. OMG is the platform’s native token that powers the smart contracts on OMG Network.
The OMG price on YouHodler is aggregated from several different cryptocurrency exchanges in an attempt to provide the most accurate price possible. YouHodler combines the OMG price rates from Binance, Kraken, Huobi, OKEx, and others.
To monitor OMG prices efficiently, we recommend downloading our app for iOS and Android compatible smartphones. This allows you to follow the latest OMG price anytime, anywhere.
The OMG price constantly changes, however, our interest rates are stable as ever. Since 2020, our OMG savings account has featured 3% APR + compounding interest. That’s stability the YouHodler way.
There are many useful scenarios for a crypto-backed loan. Use it to hedge your portfolio in the event of a OMG price drop or simply use the growing value of your OMG price as collateral for instant cash. HODL OMG and see the profits.
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