It was launched in 2018 and is community-orientated, and it aims to enable the educational benefits that networking offers new customers. As customers, you can join trading brigades, conduct transactions inclusively, and review the actions of educated and estimable customers.
Features Of the platform
The trading view
Like every other quality exchange platform, it offers a standard trading platform that features all of the trading tools needed to dissect and execute trades. The trading terminal features the order book, a purchase/ sell box, an order history, and the price map of the digital asset brace. It’s recommended to explore the trading terminal and ensure that it provides all the tools you need.
The trading freights
Another important selling point of the platform is its amount policy. The standard amount charged is 0.1 percent, which is below the market normal of the crypto exchange sector.
OMGFIN Launchpad
The platform also contains a launchpad that promotes new systems and offers customers exclusive investment deals. Launchpads have majorly become vital factors in the crypto exchange sector. Thus, it comes as no surprise that it provides the same service. It helps new systems to meet the KYC and AML conditions of their token distribution progress when they decide on their launchpad.
IEO Airdrops
Another intriguing element of the website is its IEO airdrop page. With this, clients can get new tokens for free. To get airdrops, you must gauge specific tasks like following a design’s social network accounts or retweeting tweets. It’s delicate to ascertain whether the programs have closed or not.
Profitability ranking page
You can also have an edge view of the most profitable cryptocurrencies on OMGFIN. The platform ranks the profitability of coins using data obtained from Coingecko. Remarkably, you can filter the ranking by choosing between short-term or long-term gains.
Client support
OMGFIN has a FAQ page where customers can find short texts detailing the process involved in registering an account, reading the KYC conditions, and much further. It’s estimable that OMGFIN assured that this page captures most of the complex ideas and processes that customers may encounter while using the website. The platform also provides mail support and social network accounts where customers can submit queries.
Advantages Of OMGFIN
OMGFIN enables a community-related trading platform
The exchange focuses on enforcing a network-related platform where customers can share occurrences and take on the crypto market together. Such an approach promotes a budding community of clients and boosts the profitability of clients.
It offers low freights
The standard amount is 0.1 percent, which is below the industry normal.
It offers discounts and cashback
Although its trading amount is relatively affordable, it goes a step further to offer a 20 percent discount when clients pay their freight with UQC tokens. An extra 30 percent reduction is available to clients who distribute their purchase/sell orders with partners and other customers.
It’s a registered and certified crypto exchange
It is registered and certified in Estonia. Thus, it’s cooperative with standard practices like KYC, AML, and GDPR conditions.
All the assets are stored in a cold wallet
The exchange claims that 100 percent of customers’ digital assets are stored in cold wallets
to ensure that the exchange is unsusceptible to security attacks.
It supports various crypto assets
With over 40 cryptocurrencies and 141 trading joints supported, OMGFIN is the ideal exchange for clients looking to benefit from the volatility of lower-known cryptocurrencies.
It provides an array of instructive tools
The exchange does enough to give details on supported coins. There are also tools that clients can use to compare tokens and identify the most profitable options.
Disadvantages Of OMGFIN
It doesn’t support fiduciary currencies
Unfortunately, the exchange doesn’t support a fiduciary payment system. Hence, clients must enjoy crypto before they can use the exchange.
It’s fairly new
OMGFIN was launched in 2018. thus, it isn’t as established as others
that have been around for over five years. Still, in the last three years, OMGFIN has shown without any uncertainty that it runs its crypto exchange effectively.
OMGFIN only supports spot trading
The exchange doesn’t offer periphery trading or futures contracts. This may feel restrictive to professional clients who would prefer a protean exchange where they can execute all their trading conditioning.
OMGFIN doesn’t support live conversations
It’s fast getting a major demand for exchanges and crypto platforms to offer live conversations as part of their client support system. It was, thus, disappointing that OMGFIN has not enabled live conversations on its website.
OMGFIN doesn’t have a mobile app
The exchange platform doesn’t have a mobile app. This makes it a laddie delicate for dealers to pierce the platform on the go.
