Coinbase Now Lists Ethereum-Based OmiseGo on Its Platform

Coinbase Bitcoin Batching Could Boost the Bitcoin Blockchain

Coinbase, one of the more popular US-based cryptocurrency exchanges, is now supporting OmiseGO (OMG) on its platform, according to a blog post from the company.

The asset is now available on the iOS and Android mobile applications, and users can buy, sell, trade, or simply store their OMG on the platform for now. It should be available everywhere except in the state of New York, likely due to the space’s BitLicense requirement.

“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 post notes.

Essentially, the platform hopes to improve on Ethereum’s decentralized finance platform, offering banking and storage solutions for those in countries who don’t have them.

On top of this, Coinbase will be honoring OmiseGo’s airdrop from 2017:

“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.”

Recently, as InsideBitcoins has previously reported on, Coinbase has started a work from home policy due to the coronavirus situation, as many companies have.

Top brokers for buying and trading cryptocurrencies

  • Platform
  • Features
  • Rating
  • Visit Site
  • Excellent choice for U.S. customers
  • Paypal accepted
  • CySEC & FCA regulated
  • Buy 12+ cryptocurrencies

Visit Site
75% of retail investor accounts lose money when trading CFDs with this provider.
eToro Reviews

    eToro Reviews your account
    Hide eToro Reviews
    • Best broker for non-US countries
    • Established stock-exchange listed company
    • Trade crypto CFDs, forex and stocks
    • No withdrawal or deposit fees and low spreads

    Visit Site
    80.5% of retail investor accounts lose money when trading CFDs with this provider.
    Plus500 Reviews

      Plus500 Reviews your account
      Hide Plus500 Reviews
      Remember, all trading carries risk. Views expressed are those of the writers only. Past performance is no guarantee of future results. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. This website is free for you to use but we may receive commission from the companies we feature on this site.

      Cryptocurrency and games writer. Looking to the future by studying how these two industries can blend.

      Leave a Reply

      Your email address will not be published. Required fields are marked *