OmiseGO CFD Trading

OmiseGO CFD Cryptocurrency Trading Brokers

OmiseGo CFD Broker Comparison Table
Online BrokerMinimum DepositOmiseGo Trading PlatformsRegulated
$100
Minimum Deposit
R Trader
OmiseGO Trading Platform
CySEC (Cyprus)
Regulated
$100
Minimum Deposit
R Trader
OmiseGO Trading Platform
IFSC (Belize)
Regulated

OmiseGO - Peer-to-Peer Payments An Digital Asset Management

It is possible to trade OmiseGO (OMG) CFDs at some CFD brokers, without owning the cryptocurrency and without needing a wallet.

What is OmiseGO ?

OmisGo is a platform which supports digital asset management and allows peer-to-peer transactions. The OmiseGO Network is part of this platform and provides an online financial marketplace for individuals and businesses, letting them access financial services and use digital assets, for example to make peer-to-peer payments. The OmiseoGO Wallet Suite is also part of this platform and provides digital asset management tools (for example to make and receive payments and to manage loyalty points). OmiseGO says that it can handle up to 4000 TPS (Transactions per Second) allowing rapid payment processing.

The cryptocurrency used on the network has the ticker symbol OMG. OMG is traded on cryptocurrency exchanges. A CFD in a Contract for Difference. This is a contract which references the value of the underlying asset (e.g. OMG on exchanges). The trader does not own any OMG while trading an OMG CFD. This means that they do not need a wallet, can go long or short and use leverage (increasing leverage increases risk and cryptocurrencies are extremely volatile).

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