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Buy Origin Protocol

How to Buy Origin Protocol (OGN) with a Credit or Debit Card

Origin Protocol is a decentralized platform that allows users to buy and sell services through peer-to-peer (P2P) transactions without intermediaries, like traditional online marketplaces. Additionally, it provides developers with tools and features to create decentralized marketplaces for trading specific types of goods and services. 

Buyers and sellers interact with the Origin Protocol through OGN, the platform's native cryptocurrency. Owning this token allows users to cover transaction fees, vote on network decisions, and potentially earn crypto rewards through OGN staking*. 

CEX.IO simplifies access to OGN markets through a variety of payment gateways. Enthusiasts can utilize credit and debit cards or explore alternative methods via Instant Buy. Here's how to buy OGN with a credit or debit card instantly on CEX.IO. 

What is OGN

OGN is the native utility token of the Origin Protocol, and is used as a medium of exchange within the Origin marketplace. Participants can transact using OGN, which potentially reduces fees but also can provide additional incentives for using the token over other payment methods. 

Similar to staking crypto with CEX.IO, the Origin Protocol incorporates a native OGN staking mechanism, which allows users to lock up a portion of their OGN holdings to potentially earn  a percentage of crypto rewards. 

In addition to accumulating rewards, those who elect to stake their holdings have the opportunity to participate in the network governance mechanism, which allows community members to vote on various on-chain proposals. So far, governance users were involved in  removing Guardian Multisig from the Timelock, and merging primeETH into YieldNest ynLSD. 

OGN has a total supply of 1.4 billion tokens. At the time of this writing, only about 586 million are circulating, with a total market capitalization of around $59 million.

*Disclaimer: Please note that OGN staking is not currently available on CEX.IO. We encourage curious participants interested in staking to explore the wide range of other stake-able assets available on our platform, like Zilliqa (ZIL), Polygon (MATIC), and Cardano (ADA)

How does OGN work

Origin Protocol was designed as an alternative to conventional online marketplaces. It utilizes the Ethereum network to eliminate intermediaries through smart contract functionality. This allows buyers and sellers to communicate directly, and potentially enjoy reduced transaction fees. Sellers can offer their products or services and get paid in OGN tokens. 

Origin Protocol's architecture consists of the Ethereum blockchain and smart contracts. This enabled the protocol to expand its vision, and ultimately shift its focus to non-fungible tokens (NFTs), and empower creators with enhanced control over their assets.

Furthermore, Origin Protocol introduced Origin technology, a tool specifically designed for developers. This technology facilitates the creation of diverse marketplaces tailored for trading specific types of goods and services, thereby broadening the utility and application of the platform. In return for their contribution, developers are rewarded with OGN. 

How to buy OGN with a credit card?

CEX.IO offers a convenient way to jumpstart a crypto portfolio with Instant Buy. Our beginner-friendly feature allows verified users to buy crypto, including OGN, using their credit card. In addition to OGN, registered customers can buy Ethereum, Bitcoin, Litecoin, Dogecoin, Cardano, and Polkadot, among 200 other supported assets. 

Tailored to novice enthusiasts, Instant Buy simplifies the OGN acquisition process, and requires a few simple steps to complete the purchase, as follows: 

  1. Register and verify your account. 
  2. Locate Instant Buy from the dashboard.
  3. Choose the fiat currency (USD, GBP, or EUR) you want to use to acquire OGN.
  1. Select OGN from the list of supported cryptocurrencies and click Buy Crypto Instantly to proceed with the acquisition. 
  2. Enter the amount of fiat you wish to spend acquiring ONG. Alternatively, you can select from predefined allotments ($100, $300, $500, $700, or $1,000). 
  3. Select credit/debit cards as the preferred gateway to fund your OGN purchase. 
  4. Enter your credit card number (a 16-digit number from the front) and expiration date. Then click Add Card to connect your credit card to your CEX.IO wallet. 
  5. Complete your OGN purchase by following the on-page instructions. 

Important Information for US Users: Due to regulatory requirements, OGN is currently unavailable for purchase by users in the United States.

CEX.IO remains committed to providing a diverse selection of digital assets for our US-based customers. We offer a wide range of alternatives, allowing eligible participants to buy USDT, Bitcoin, Ethereum, and over 30 other supported cryptocurrencies.

For a comprehensive overview of all digital assets available for US enthusiasts, we kindly invite you to visit our dedicated cryptocurrencies page.

Buy Origin Protocol

How to buy OGN with a debit card?

CEX.IO caters to diverse payment preferences. For users seeking to potentially lower transaction fees or avoid incurring interest charges, debit cards offer an alternative to credit cards when buying OGN on CEX.IO. The purchase process remains as smooth and straightforward as described earlier.

It's vital to note that credit and debit cards are not limited to OGN purchases only. Verified customers can use their bank cards to buy USDC, Bitcoin, USDT, BNB, Solana, XRP, and other supported assets. 

Alternative payment methods to obtain OGN on CEX.IO

CEX.IO offers a comprehensive suite of payment gateways to facilitate convenient OGN acquisition. Beyond traditional Visa and Mastercard credit and debit cards, verified users can buy crypto with PayPal (exclusively available for U.S. customers), Google Pay, Apple Pay, Skrill, Neteller, bank accounts, and other cryptocurrencies. 

Please note: Due to varying regional regulations, the availability of specific payment methods for purchasing cryptocurrency on CEX.IO may differ based on your location. For example, US-based users can buy crypto with Google Pay, whereas bank transfers (SEPA and SWIFT) might be available in European countries. 

To ensure transparency, we encourage all users to verify the supported payment methods on the CEX.IO platform before initiating a transaction.

Where to buy OGN

Curious participants can obtain OGN on various cryptocurrency exchanges, including CEX.IO. Our platform represents a centralized exchange (CEX), offering a user-friendly interface and streamlined purchasing experience.

CEXs typically process transactions quicker, due to their internal infrastructure and active pool of registered users This can potentially lead to higher liquidity, and greater access to buy and sell OGN at the desired price.

Besides CEXs, enthusiasts can acquire OGN on decentralized exchanges (DEXs). However, these platforms can be more complex to navigate and use compared to their centralized counterparts. Also, keep in mind that DEXs might have lower trading volumes for OGN, making it trickier to buy or sell large amounts at a preferred price.

What are the potential risks of obtaining OGN?

OGN, like most cryptocurrencies, can exhibit price volatility, a characteristic that may impact one's crypto experience. Accurately predicting optimal entry and exit points within the volatile OGN market can be challenging for those unaware of the latest market developments.

Because of that, thorough research is paramount before acquiring OGN or any digital asset. This should encompass understanding the purpose and functionality of OGN within the Origin Protocol ecosystem, as well as analyzing its historical performance and current market trends to assess its potential future value.

For risk-averse individuals seeking exposure to the crypto space, stablecoins offer a viable alternative. Stablecoins are cryptocurrencies pegged to a stable asset, typically the U.S. dollar, resulting in minimal value fluctuations compared to volatile cryptocurrencies like OGN. 

CEX.IO accommodates eligible users with a selection of USD-pegged stablecoins, allowing them to buy BUSD, GUSD, and USDT. These stablecoins provide a potentially lower-volatility alternative for those seeking a more measured entry point into the cryptocurrency market.

How to store OGN?

OGN holders can select between two primary storage solutions: custodial and non-custodial wallets. Each approach offers distinct advantages catering to different user needs.

Non-custodial wallets, often hardware devices, provide users with complete control over their private keys. This self-custody approach is ideal for long-term holdings. However, it requires a higher level of technical knowledge for setup and management and may also involve higher upfront costs.

On the other hand, custodial wallets, like the complimentary Bitcoin wallet offered by CEX.IO, prioritize ease of use and convenience. The CEX.IO custodial wallet seamlessly integrates with our exchange platform, empowering eligible users to manage their OGN holdings and execute transactions directly from a single, unified interface. 

FAQs

How to track the value of OGN?

CEX.IO's crypto prices page offers the most intuitive method for tracking the real-time price performance of OGN. This comprehensive resource extends beyond price monitoring, providing users with a wealth of market data essential for informed decision-making. Our prices page features key metrics like OGN's current market capitalization and 24-hour trading volume, empowering enthusiasts to conduct thorough market analysis and gain valuable insights into OGN's performance.

Can I buy Bitcoin on CEX.IO?

CEX.IO offers multiple avenues for acquiring Bitcoin, catering to diverse user preferences. Curious participants can buy Bitcoin through Instant Buy using various funding methods like credit/debit cards, e-wallets (PayPal, Skrill, Neteller), and bank transfers. Those who prefer greater control can acquire BTC through Spot Trading and trade Bitcoin against various crypto and fiat currencies, potentially securing more favorable entry points through strategic order placement.

What is the CEX.IO Bitcoin calculator? 

CEX.IO empowers users to make informed decisions regarding Bitcoin acquisition through our user-friendly Bitcoin calculator. This free tool seamlessly converts between Bitcoin (BTC) and various fiat currencies, including USD, EUR, and GBP. For those seeking greater transaction flexibility, the calculator also supports the USDT stablecoin.