OMG to USDC Converter

Rubix provides a faster, more secure way to convert OMG to USDC
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How to Convert OMG to USDC

OMG Network was first created to serve the Japanese and Thai businesses. Today, OMG is used around the world on a daily basis. People and businesses use OMG as an investment and a currency, often to receive payments for goods and services, ranging from internet auctions to computer services. For many reasons, sometimes as simple as hoping to take advantage of an emerging market trend, OMG holders may wish to exchange their OMG for USDC. USDC is a stablecoin, designed to be pegged to the value of the U.S. dollar. Stablecoin holders generally expect low price volatility relative to fiat; a positive for those seeking to preserve capital. Account holders can monitor the current OMG/USDC exchange rate and execute trades when favorable using the Rubix platform.

About OMG & USDC

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What is OMG Network?

The OMG Network runs with the Ethereum blockchain. The cryptocurrency token that runs on the OMG Network is OMG, which was first created with a $25 million initial coin offering in 2017. The stated goal of original OMG Network backers was to foster economic inclusion. Rubix allows users to buy, sell, and trade OMG instantly, anonymously, and securely. Like other cryptocurrencies, the value of OMG varies continually relative to both fiat and other cryptocurrencies. For a wide variety of reasons — ranging from speculators hoping to lock in gains to everyday people seeking to buy holiday presents online — people need to exchange their OMG for fiat and crypto. Rubix, with its industry-leading security, is an exchange for all cryptocurrency users to monitor current rates, manage their holdings, and execute exchanges.

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What is USD Coin?

Designed to be pegged to the U.S. dollar, USD Coin is a digital stablecoin. One U.S. dollar is reported to be held as a reserve for each USD Coin issued. Cryptocurrency traders and speculators, and anyone else who deals in cryptocurrency, may, from time to time, require someplace safe to store capital. Someplace they can be relatively sure that their capital is protected from wide swings in value relative to fiat. Since first being issued in 2018, USD Coin has been well suited to this capital-preserving role. With the secure Rubix exchange, cryptocurrency traders looking to buy, sell, or trade USD Coin can do so safely and with confidence.

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Convert OMG to USDC using Rubix

As a leading cryptocurrency exchange, Rubix offers its users an innovative, unique, and secure platform for monitoring current exchange rates and placing trades. To convert OMG to USD Coin, OMG holders may move it into their Rubix account. After observing the OMG/USDC rate, OMG users can exchange any amount they own, using Rubix’s, for the amount of USDC called for by the rate at the time.

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About OMG Network to USD Coin FAQs