Review on OMG Network by Yinka Yemisi
Omisego is a crytocurrence and also decentralized exchange
omisego is a crypto currency and at the same time a decentralized exchange. Unlike other forms of decentralized exchange platforms, it allows for decentralized exchange of other blockchains directly without a trusted gateway token.
It gives decentralized exchange in an open blockchains with low and high volume cost. This makes it easier for whosoever that want to invest i omisego either rich or poor.
There are main tree functions for both is wallet and its block chain.
1, Access: to access omisego exchange, one don't need to bank account, this have ddrastically remove stress of going to bank to open an account.
2; scalability; there is no delay in calculation,calculation will be done immediately and at low cost.
3: safety: today many people were scared to invest because of the scamar and fraudster, with omisego the users are safe because it gives decentralized crypto currency and decentralized storage of token.
Pros
- Users can carry on transactions without any problem encountered by most of the mainstream exchange
- It has a wide international customer base.
Cons
- It has the problem of volatility, it is very slow
- Omisego team are not good. They don't kept to their promise
New products
Comments (2)
May 10, 2020
Omisego is a cryptocurrency and decentralized exchange
of other blockchain directly without a trusted gateway token, it was established in Thailand in 2013 by Omisego company.
May 10, 2020
OmiseGo was based on the Ethereum network but moved to its blockchain in 2018. It offers a range of services to make users avoid using centralized banks. It has crypto wallet to trade Fiat and cryptocurrencies.
