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How to Buy Ecomi – A Step-by-Step Guide

How to Buy Ecomi - A Step-by-Step Guide

As the demand for Non-Fungible Tokens (NFTs) grows, so does the supply. Mass implementation cannot be stopped, and NFTs are just getting started. Some of the companies that have opened their doors to this type of technology are Disney, DC Comics, and even the NFL.

All of this is being done through ECOMI and their digital collectibles platform called VeVe. This platform is where the world of comics and mangas meet the wonders of blockchain technology. Now, you can officially own a JPEG or animation of your favorite Marvel superhero. Moreover, the NFTs sold on VeVe are very cheap and are resold for thousands of dollars.

Where to Buy Ecomi (OMI)?

So, where can I buy ECOMI? Well, major exchanges such as Binance and Coinbase are yet to list this cryptocurrency. However, there are several exchanges that support ECOMI and provide high amounts of liquidity for smooth transactions. Some exchanges for buying, selling, and trading this cryptocurrency are Gate.io, OKEx, BitForex, and AscendEX.

Nevertheless, the best exchange for buying ECOMI is BitForex because of the trading volume it has. This cryptocurrency exchange accounts for more than 40% of ECOMI’s trading volume. After BitForex, we have AscendEX (formerly known as BitMax) accounting for 29%, and OKEx accounting for 13.99% of the total volume.

How to Buy Ecomi (OMI)?

At the time of writing, you can buy OMI only through centralized exchanges. This does not have that much of an effect on the exposure of ECOMI since 5 big centralized cryptocurrency exchanges have it already listed on their website. Out of these exchanges, most people recommend using OKEx for trading ECOMI.

Step 1: Create an Exchange Account

The first step towards buying this cryptocurrency is creating an exchange account in one of the exchanges that support OMI. Because OKEx is one of the biggest cryptocurrency exchanges out there, we will use it as an example. To create an account, you need to provide your name and surname, date of birth, email, and then set a password. Keep in mind that most major exchanges require you to verify your identity to invest larger amounts of money.

How to Buy Ecomi - A Step-by-Step Guide
Opening an OKEx Account. Source: OKEx

Step 2: Fund Your Account

After you successfully create and verify your OKEx account, you should fund it. At the time of writing, you can fund your account using a credit/debit card, bank transfer, ApplePay, SEPA, and Advcash Wallet. To do so, simply go to ‘Buy Crypto’, click on ‘Buy’, select your local fiat currency and your preferred cryptocurrency, and click on ‘Buy (selected cryptocurrency)’. We recommend you buy USD Tether because its price is pegged to that of the US Dollar, making it virtually risk-free when it comes to volatility.

How to Buy Ecomi - A Step-by-Step Guide
Funding Your OKEx Account. Source: OKEx

Step 3: Buy OMI

Now, let’s make some use of the funds added to your account. To buy OMI, you will need to find a market pair that includes OMI. If you are using Gate.io, you can choose between OMI/ETH and OMI/USDT. However, since we are using OKEx for this example, you must look for the OMI/USDT market pair. After finding this market pair, simply enter the amount of OMI you want to buy and click on “Buy”.

How to Buy Ecomi - A Step-by-Step Guide
Buying OMI in OKEx. Source: OKEx

Also Read: ECOMI Price Prediction 2022 and Beyond – Can OMI Reach $1?

Takeaways

  • The Non-Fungible Token (NFT) is one of the fastest-growing sectors of the cryptocurrency market.
  • Big corporations such as Facebook and Adidas have shown interest and are working on their own NFT projects.
  • ECOMI has launched its own NFT marketplace known as VeVe.
  • VeVe is one of the only digital collectible marketplaces licensed to sell NFTs of corporations such as Disney.
  • Buying OMI, the native currency of the ECOMI network is easy. Simply open an account on one of the exchanges that support OMI, fund it, and buy OMI.

Also read:

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