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Omgfin Review

6

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Average

Revainrating 3.5 out of 5  
Rating 
3.7
Crypto Exchanges

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Description of Omgfin

Omgfin is building a trading system for digital assets focused on young investors and social networks. Its goal is to bring together a community of traders who share experiences and help each other achieve their individual profit goals. Launched in Oct 2018, Omgfin is a centralized exchange based in Estonia. It has the following licenses. FVR000604 (providing services of exchanging a virtual currency against a fiat currency) - https://mtr.mkm.ee/taotluse_tulemus/500036 FRK000513 (providing a virtual currency wallet service) - https://mtr.mkm.ee/taotluse_tulemus/500040

Reviews

Global ratings 6
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Type of review

Revainrating 3 out of 5

Trade of advanced resources from the republic of Estonia

A Trade managed and beginning from the Republic of Estonia, which gives clients to interface through informal organizations the business encounters inside the OMGfin Trade, in which administrators will actually want to have rewards, repayment and a novel reference reward framework.  With countless crypto resources recorded on the Trade, the exchanging volume the principle Trade sets is worthy, despite the fact that it merits adding that other auxiliary money combines the liquidity i

Pros
  • It records countless crypto resources and different money sets.
  • It offers a 0.1% exchanging commission rate.
  • Utilize the Lightning Organization to handle exchanges inside the Trade.
Cons
  • Low liquidity in certain trade matches that it gives.
  • It draws exceptionally low withdrawal lines and KYC is needed to build this breaking point.
  • The airdrop program it coordinates is obsolete.

Revainrating 4 out of 5

With my experience I don't think the exchange is defaulting any service

Omgfin is an exchange from Estonia, this exchange being from Estonia, is licensed and regulated so hacking ability is very difficult this is why I love Australia is in these because they come inregulated version and it's hardly be hacked. One thing I don't like about the exchange is the fact that the exchange does not support Fiat deposit through credit card nor wire transfer. The trading fee and the trading environment also the liquidity are very ok. The exchange has an intriguing trading…

Pros
  • Licensed
  • Very safe
  • Very good
Cons
  • None

Revainrating 5 out of 5

OMGFIN

OmgFin is a completely authorized cryptographic money trade zeroed in on building an exchanging framework for advanced resources for youthful financial backers and interpersonal organization, it is situated in Estonia and established in 2018.  OmgFin is socially cordial, minimal expense with safely stable stage with great liquidity.  OmgFin charges you a level pace of 0.10% as taker and producer, and it charges 0.0005btc as withdrawal expenses, it doesn't uphold fiat store bo

Pros
  • It is socially amicable
  • Its charges are seriously modest
  • It is secure and stable
  • It upholds great assortment of resources
  • It has great liquidity
Cons
  • It doesn't permit US financial backers right now
  • It doesn't uphold fiat stores through wire move and credit with check cards

Revainrating 4 out of 5

OMGFIN

OmgFin is a fully licensed cryptocurrency exchange focused on building a trading system for digital assets for young investors and social network, it is based in Estonia and founded in 2018. OmgFin is socially friendly, low cost with securely stable platform with good liquidity. OmgFin charges you a flat rate of 0.10% as taker and maker, and it charges 0.0005btc as withdrawal fees, it doesn't support fiat deposit both through wire transfer or credit and debit cards except cryptocurrencies.…

Pros
  • It is socially friendly
  • Its fees are competitively cheap
  • It is secure and stable
  • It supports good variety of assets
  • It has good liquidity
Cons
  • It doesn't allow US investors at the moment
  • It doesn't support fiat deposits through wire transfer and credit with debit cards

Revainrating 3 out of 5

Exchange of digital assets from the republic of Estonia

An Exchange regulated and originating from the Republic of Estonia, which provides users to connect through social networks the commercial experiences within the OMGfin Exchange, in which operators will be able to have bonuses, reimbursement and a novel referral reward system. With a large number of crypto assets listed on the Exchange, the trading volume in the main Exchange pairs is acceptable, although it is worth adding that other secondary currency pairs the liquidity is very low.…

Pros
  • It lists a large number of crypto assets and various currency pairs.
  • It offers a 0.1% trading commission rate.
  • Use the Lightning Network to process transactions within the Exchange.
Cons
  • Low liquidity in certain exchange pairs that it provides.
  • It sets very low withdrawal limits and KYC is required to increase this limit.
  • The airdrop program it integrates is outdated.

Revainrating 5 out of 5

Omgfin, the best platform trading exchange.

OMGFIN is an exchange from Estonia which does not include US-investors. The trading fees at OMGFIN are below the industry averages and new investors are restricted from trading at OMGFIN.

Pros
  • The trading fees and withdrawal fees at OMGFIN are below the industry averages.
Cons
  • US-investors can not trade here.
  • Omgfin exchange charges fee are not free of charge.
  • OMGFIN does not accept any other deposit method than cryptos.