Omgfin.com Cryptocurrency Review : 0.1% Trading Fee is Applied

How To  Start With Omgfin.com

To start trading with Omgfin.com ,Indian residents first have to sign up for an account by following the steps below.

Step 1. Click on the “Login/Signup” link on the top right hand corner of the Omgfin.com website.

Step 2. In the form, fill in your first name, last name, mobile number, email ID and password.

Step 3. If you have a referral code, enter the code while creating your account.

Step 4. Submit the form and wait for an activation email to be sent to you.

Step 5. Click on the “confirm email” link in the activation email.

Step 6. After your account is activated, you’ll be sent a 6 digit one time password (OTP), which you have to enter after logging into your Omgfin.com account.

Fees

Current trading fee: from 0.045%

1. General : 0.1% trading fee is applied to the transaction amount of both makers and takers

2. Discount rate:  25% OFF

Omgfin.com default, if you hold UQC in your account, your trading fees will be automatically subtracted from your UQC balance. Using UQC for transaction fees applies a 20% discount to your trading fee will be applied in the first 6 months and 10% in the next 6 months. The cost UQC amount depends the market price.

Omgfin.com can accept payment by another kind of coin. However, the discount rate may change. You will see this change within your account. You only have the right to use only one coin for the discounted payment

3. Cashback:  30% OFF

They encourage you to share your buy/sell orders with friends or other members for a 30% discount. You can also create groups trading to always be eligible for this discount.

The discount applies only when the buy / sell order has a minimum of two participants The discount will only work when the order value exceeds the specified threshold. This threshold will be adjusted monthly.

Deposit and withdrawal Fees

Deposit:  Free

Withdrawal: Withdrawal fees are regularly adjusted according to blockchain conditions. Please read more below.

Mission

OMGfin is the pioneer in building a trading system for digital assets focused on young investors and social network. By connecting with professional investors. Our goal is to bring together a community of traders who share experiences and help each other achieve their individual profit goals.

How OMGFIN works

Reward Trading

You can earn cash through our cashback system by inviting friends to join in the buy or sell. If you do not have enough friends to earn a Reward, system will suggest “strangers” who are also looking for the same type of reward.

Team Trading

By creating a group of friends together to share experiences and reward from the cashback system. You can also, on behalf of team members, make decisions to buy or sell coins to bring profit to members in the group.

Share Trading

With your experience and reputation in trading cryptocurrencies, you can share or suggest to people who are following you a good list of coins so that they can be considered before making the right investment decisions.

Social-friendly Platform

Omgfin.com believe that social networking is an indispensable spiritual food for traders and young people. Therefore integrating the power of social networking into the world of blockchain trading will create a platform for traders worldwide to exchange and share experiences successfully. And especially young people who are thirsty for learning and joining the blockchain world have the opportunity to start their business here.

Low-cost Platform

Just like buying directly from a wholesale dealer, the transaction costs will be significantly reduced if you create a large volume purchase or sale transaction by inviting friends or creating groups of friends to trade. . By developing the first cashback system for crypto traders we believe that it will save you a significant cost that you are paying for traditional trading platforms.

Team-friendly Platform

OMGfin experienced development team has worked together for 5 years. They have worked together to build a payment gateway for different types of coins and tokens and those valuable experiences are continuing to be used in the development of this exchange system. For 5 years working together they always understand that customer satisfaction will motivate us to continue to develop our project.

Secure-Stable Platform

Omgfin.com are always aware of the need to keep customers’ personal information and funds safe and secure. Therefore, 100% funds will be stored in cold wallet system. To ensure the customer information is safeguarded, all sensitive information will be encrypted.

Fully-License Platform

OMGFIN Limited registered with the registration number 14556327, under the Laws of the Republic of Estonia. Licensed and regulated by the Financial Intelligence Unit under license number FVR000604 for providing services of exchanging a virtual currency against a fiat currency and FRK000513 for providing a virtual currency wallet service.