OMG to BTC conversion chart
OMG to Bitcoin correlation
Experts suggest that OMG and BTC have a strong relationship with each other and correlate. Whenever there is a change in the price of OMG then BTC also tends to follow the same pattern and move together.
Live OMG Price Change and Market Cap
Currently, the OMG price is 0.000003 BTC. According to the OMG Network price chart, the 24-hour change is -4.62%. The total market capitalization of OMG Network is $0 with 0.1568 OMG in circulation. In the previous 24 hours, the OMG Network price hit highs of 0.00000312 BTC and lows of 0.00000301 BTC.
OMG Network Price Prediction
OMG Network began trading in July 2017 at less than a dollar. In parallel to the market rally, OMG Network price also climbed up the same year. On 08 January 2018, OMG Network price peaked at $28.35, but the celebrations didn’t last long as bears hit the market right after the all-time high. OMG Network price closed 2018 at $1.37 and in the next year, OMG price dropped further to $0.621. Though Q1 2020 took OMG Network price below 50 cents, OMG recovered in the second quarter. By July 2020, OMG Network price reached $1.51.
OMG Network price predictions for the long-term show a bullish trend. We may see OMG Network price to be anywhere between $17 - $28 by 2025. OMG Network price will be hitting new heights in 2030, still, it's too early to quote accurate figures. As more and more people use Decentralised exchanges to swap cryptocurrencies, OMG Network price will continue to rise.
OMG to BTC exchange margin
The closing conversion rate for OMG to BTC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 OMG to BTC would result in an output of 0.000003 BTC.
How to convert OMG to BTC
OMG and Bitcoin comparison
OMG Network is a scalability protocol built on the Ethereum network. OMG Network is building a decentralized global payment system in which users can make transactions faster and cheaper. It also features ODEX for trading assets in which transaction fees can be paid with the OMG tokens.
Bitcoin was developed by Satoshi Nakamoto in 2009 with the idea of providing a peer-to-peer payment system using blockchain technology. Bitcoin network is decentralized and has an immutable record of transactions. The sole purpose of Bitcoin is to enable a means of payment system for people to transact value without any middlemen.
What is OMG Network?
OMG Network is a decentralized payment protocol developed by Omise, a popular payment services company in Asia. OMG Network was set up to provide access to financial services for the unbanked through cheaper and faster transactions. OMG Network is built on the Ethereum network and uses the Plasma architecture to achieve the scaling. OMG also built ODEX, a decentralized exchange for conducting crypto exchanges without any intermediaries.
Proof-of-Stake (PoS) is used as a consensus mechanism in OMG Network. OMG Network trades with the ticker OMG. The supply of OMG is limited to 140 million and issued through an ICO in 2017. OMG fuels the chain through transaction fees. OMG can be traded against other cryptocurrencies and also Burger King accepts OMG as a means of payment in Thailand.
OMG to Bitcoin price details
OMG to BTC Conversion Rate and Price
Currently, the conversion rate for 1 OMG equals to 0.000003 BTC. The 24-hour highest price of OMG in relation to Bitcoin was 0.00000312 BTC and the lowest was 0.00000301 BTC. In short, the OMG price in relation to BTC changed by -4.62%.
Instantly Exchange OMG to BTC
On ChangeHero you can instantly exchange OMG to Bitcoin without signup. You can easily convert OMG to BTC in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best Rate and Fixed Rate for your OMG to BTC exchange.
OMG to BTC Best Rate Exchange
In the Best Rate exchange of OMG to BTC, we search through various exchanges for the OMG to BTC pair and find the best rate available in the market. We provide you with an estimation of the amount of BTC you will receive.
As soon as you accept the terms and the OMG is deposited, the exchange will be automatically processed. We remind you that the final amount of OMG you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of OMG to BTC.
OMG to BTC Fixed Rate Conversion
In the Fixed Rate exchange of OMG to Bitcoin, ChangeHero finds a good rate for the pair OMG to BTC and fixes the rate for up to 15 minutes. In the Best Rate exchange of OMG to BTC, you will receive the exact amount of BTC which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified BTC address. ChangeHero is the best place to exchange OMG to BTC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert OMG to BTC?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange OMG to BTC?
No, you do not require an account to swap OMG to BTC on ChangeHero. There will be no registrations for your OMG to BTC transaction.
Do I need to go through KYC procedures for OMG to BTC exchange?
There will be no KYC for the OMG to BTC exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange BTC to OMG?
Yes, you can instantly exchange BTC to OMG on ChangeHero.
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