Binance Introduces OMNI Network for Crypto Exchange

Binance has expanded its cryptocurrency exchange offerings by adding Omni Network (OMNI) to its platform.

Exchange of cryptocurrencies in addition to its range of financial management tools, which already includes one-click currency buying and flash swaps like the exchange Convert, Binance Simple Earn, Binance Crypto, and Binance’s Buy Crypto, the cryptocurrency exchange has added Omni Network (OMNI).

On the “Buy Crypto” webpage, users can now choose to purchase OMNI directly using credit or debit cards, Google or Apple Pay, or available wallet balances. Furthermore, users can use the exchange Convert to convert OMNI to any other token without incurring any fees.

In addition, the exchange announced the OMNI token as a brand-new asset on April 19 and April 17, respectively, for the launches of the exchange Auto Invest, Binance Margin, and Binance Futures.

The OMNI token and the OMNI-USDT trading pair are now available on the cryptocurrency exchange, Isolated and Cross-Margin as borrowable assets. Additionally, the exchange Futures will introduce a new perpetual contract, USD-M OMNI, with a maximum leverage of 50x.

When OMNI Token is listed on Binance, it peaks at $44.86

The goal of the Omni Network protocol is to guarantee low-latency connections and smooth communication amongst Ethereum rollups. Its architecture prioritizes security, speed, and international compatibility, presenting Ethereum as a single operating system for both consumers and developers.

The OMNI coin serves as the Omni Network’s native currency and is critical to the Omni EVM ecosystem’s governance, staking, and transaction processing processes. It also serves as a payment method, making gas payments easier.

The OMNI coin saw a small uptick following the announcement of its listing on the cryptocurrency exchange, peaking at $44.86. It has dropped to $34.00 as of the publication of this article, down about 20% from the previous day, according to CoinMarketCap data.

We just unveiled the 52nd project on the Binance Launchpool, the Omni Network. It provides users with the opportunity to earn OMNI tokens by staking their assets.