There has been quite a lot of talk (mainly on Reddit and Twitter) around Ecomi the company behind the OMI token and here is why it is important and what you can expect within the next week.
Ecomi is a tech company that is paving the way for digital collectibles through the Veve app. The app provides premium digital collectibles that can be common, rare or even one-of-a-kind. On the app you can display your virtual collection and/or trade between other users on the platform. It is a one stop shop for this new emerging class set that can turn into a multi-billion dollar industry. Now with NFTs gaining popularity, I wouldn’t be surprised to see this collectible focused token pump once a tier one trading platform like Uniswap supports it which is set to launch March 24th 2021. UPDATE: Launch date on Uniswap has been moved to the 31st of March.
This week it has already seen a +230% increase and a +437% increase over this month and currently lies at .010c as I write this post. With only 20% of the circulating supply available to the public and a market cap of nearly two billion. I think there is a lot of room to grow for this token and something to put on your watchlist if you are not prepared to buy now.
Now I am interested but how do I buy it beforehand?
Well, it is currently available on two platforms Bitforex and BitMax. I chose Bitforex honestly simply due to the aesthetic and I can walk you through buying below.
Step 1. Create a Bitforex account with your email address and Google authenticator – Referral link here if you are so kind.
Step 2. On the top right side of the page click “Assets” which should take you to the page below.
Step 3. If applicable, obtain USDT to transfer into the BitForex. Currently the only trading pair is USDT/OMI on the platform so if you do not have USDT my suggestion is to obtain BTC, deposit that (as per Step 4) and then convert to USDT on the platform at a later stage.
For those who do not have any other platform to transfer from, I suggest Coinbase (referral here) as I have found it easy to use and instant compared to Binance.
Step 4. Once you have BTC or USDT, it is time to transfer to BitForex. From the Assets page, click “Deposit” to your lefthand side and deposit BTC (which later will be converted into USDT) or USDT into your account.
Step 5. Once you click on the appropriate token it should bring you to a page in which you have to utilize your wallet QR code or deposit address to transfer your funds.
Step 6. Take your Coinbase or Binance account and “Send” the said token to your QR code or deposit address. This should take around 30 minutes.
Step 7. Once you see the funds in your Bitforex account. Click “Transfer” on the lefthand side and transfer your BTC or USDT token(s) into your Spot Account and confirm.
Step 8. From the top left side, click “Spot” which will take you to their Buy/Sell page.
Step 9. If you have chosen to buy BTC, it is now your chance to exchange BTC/USDT on the platform by searching ‘BTC’ from there the BTC/USDT trading pair should show up and click. If you have USDT already, utilize the same process but for USDT/OMI.
Step 10. From there, you should scroll down to the bottom where you see the two Buy and Sell boxes and sell your BTC for USDT or USDT to OMI.
Step 11. For those who have completed the BTC/USDT trade, apply the same steps 8-10 to obtain USDT/OMI.
And there you have it! We are ready for takeoff!
Any questions please let me know below and I will be glad to help you through the process.