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How to buy ECOMI (OMI) in Australia

Learn how to buy ECOMI (OMI) in our step-by-step guide.

ECOMI
OMI- USD
$0.0008
- $0.0001 ( - 10.16%)
METAVERSE

ECOMI (OMI) is in the top 1,000 cryptocurrencies by market cap, valued at US$246,365,252.

ECOMI is a highly volatile asset capable of major price swings in a single day. Today OMI is trading for $0.00091363 USD, which is higher than yesterday's trading price of $0.0008497297 USD. Over the past year, ECOMI's price has seen a decrease of -20%.

So before you buy ECOMI, make sure you understand these unique risks as well as its legal and tax status here in Australia.

If you're ready to get started, read on for step-by-step instructions on how you can use to buy ECOMI.

This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.

How to buy ECOMI in 5 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy ECOMI is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit AUD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy ECOMI
    You can now exchange your funds for ECOMI. On beginner-friendly exchanges, this is as simple as entering the AUD or OMI amount you want to purchase and clicking "buy".
  5. Secure your ECOMI
    Consider transferring your OMI to a personal crypto wallet to protect against some of the risks of keeping it on an exchange, such as hacks, scams or platform bankruptcy.

Where to buy ECOMI in Australia

Find an exchange to buy, sell and trade OMI by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

1 - 2 of 2
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer Link
Gate.io
Bank transfer, Credit card, Cryptocurrency, Debit card, P2P
USD, EUR, GBP, HKD, AUD, CHF, MXN

1944
cryptocurrencies

Invite friends and earn up to 40% commission. T&Cs apply.

Capital at risk

View details
Paybis
Paybis
Bank transfer, Credit card, Cryptocurrency, Debit card, Neteller, Skrill
EUR, GBP, USD, AUD, CAD, PHP, SGD, CHF, HKD, JPY & 30+ more

390
cryptocurrencies

US residents: Restricted in the following states - NY, CT, NM, WA, HI, AL, VT, FL, AK, NV.

Capital at risk

View details
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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How we keep this ECOMI guide up-to-date

  • OMI price data is regularly updated through data feeds so you always have the latest information.

How do I find the best places to buy ECOMI?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Australia to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy ECOMI?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading ECOMI.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing OMI with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What are the best ways to buy ECOMI?

Once you've created an account, you will need to deposit funds to buy OMI with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy OMI:

  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase OMI by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for OMI on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy ECOMI?

The easiest way to buy OMI is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying OMI, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of ECOMI has been performing recently.

Best ECOMI wallets to store your OMI

You can keep your OMI on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your OMI below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

9,000+

Price (USD)

$149

Price (USD)

$179

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is ECOMI a good investment?

Below are the key aspects you need to weigh before you add OMI to your investment portfolio:
  • Limited supply. The number of OMI tokens to ever be created in its lifetime is limited to 750 billion tokens. 20% of the total token supply was offered in initial private and public sales, amounting to 150 billion tokens, which is currently in circulating supply. The initial raise had a hard cap of 1,500 BTC. Also, 40% of the total supply, 300 billion tokens, is locked away in reserves and will never be a part of the circulating supply. The reserves are held for the VeVe reserve wallet, VeVe vault wallet, business development teams for long-term initiatives, and the team, advisers and board members of the project.
  • Partnerships. The marketplace has partnered with highly reputed brands and organisations like Batman, Superman, Harley Quinn, Ghostbuster, the National Football League (NFL) and Major League Baseball (MLB). These high-profile partnerships provide credibility and trustworthiness to the platform as such brands and companies don't partner with entities without doing thorough due diligence on them.
  • Master Collector Program. This is indirectly a staking mechanism for the OMI tokens. It allows you early access to NFT releases, limited edition collectibles, airdropped tokens and more. The coins are staked in a section of the application wallet called The Powerchest. Eligible users will start at Level 1 of the program and as time progresses, they are segregated into an appropriate level based on factors like the number of tokens held in the wallet, purchase and sale history, community votes, and interactions.
  • Augmented Reality (AR). One of the unique features of the platform is the AR tools. These tools enable you to bring your digital collectibles to life, out of your smartphone and project them into virtual reality while using the VeVe mobile application.

Today's ECOMI price versus ATH

Compare today's price of ECOMI ($0.00091363 USD) against its all-time-high price of $0.01343572 USD on 19 March 2021. The closer the bar is to 100%, the closer OMI is to reaching its ATH again.

ECOMI's price: $0.00091363 USD
ATH date: March 19, 2021
6.80%

ECOMI ATH: $0.01343572 USD


How to trade, convert or sell ECOMI

You can convert or sell your OMI with the same exchange you bought it through:
  1. Sign in to the exchange you have OMI on.
  2. If you store your ECOMI in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of OMI you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of ECOMI.
  6. Complete your transaction and move your OMI to a wallet for storage.

How to buy other cryptos


Disclaimer: Cryptocurrencies, including ECOMI, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of OMI is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the ECOMI or any other cryptocurrency discussed.

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