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1 Level
16 Review
25 Karma

Review on OMG Network by thanh hao

Revainrating 5 out of 5

Also, it refers itself to as currency agnostic in that you can convert…

Also, it refers itself to as currency agnostic in that you can convert directly from one currency to another without interconversions. For instance, if you have BTC and wanted ETH, you can do direct conversion from BTC to Eth without having to first convert the BTC to USD and then the USD to ETH. This lets you avoid excessive fees.



Pros
  • OmiseGo is a cryptocurrency ecosystem where you can exchange cryptocurrency on a peer-to-peer manner (via its DEX facility) and send payments across platforms and devices. The crypto exchange launched in 2013 and seeks to answer to a variety of issues raised in regard to payment processors, gateways and financial institutions.
Cons
  • For instance, the aim is to unbank the banked with Ethereum in addition to enabling, real-time, peer-to-peer value exchange and payment services across jurisdictions and organization silos and across both fiat and cryptos.

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