Eric DunneDepsite the downtrend in the crypto market in mid 2022, Origin Protocol (OGN) has held its value well, currently trading over $0.22 with a market cap over $88 million.
In this guide we review where to buy Origin Protocol – which crypto exchanges have listed OGN coin – and how to buy Origin Protocol step by step, as well as a background of the Origin Protocol project.
How to Buy Origin Protocol – A Quick Guide
Origin Protocol’s native token OGN was listed on eToro on 31st May 2022. Being FCA regulated and available in most countries internationally, eToro is often the first choice for both new and experienced crypto enthusiasts. Here’s how to buy OGN coin on eToro:
- ✅ Step 1: Create your eToro account: Visit the official eToro website and create a free account. Enter your personal details. Verify you account by uploading ID documents.
- 💳 Step 2: Depositing Funds: Once your account is created, you need to deposit funds into your eToro wallet. eToro enables users to deposit funds in fiat currencies using a credit/debit card, PayPal, eWallet, bank transfer and other methods.
- 🔎Step 3: Search for the OGN token: After depositing funds into your eToro wallet, click on the eToro search bar. Type ‘OGN’ and it will appear in the results. Click on OGN. You can have a look at the price chart and other fundamentals. Once you’re ready to buy, click on ‘Trade’.
- 🛒Step 4: Buy OGN token: A pop-up will appear. Enter the USD amount to invest in OGN. Confirm the buy order by clicking on the ‘Open trade’ button.
Where to Buy Origin Protocol – Best Crypto Platforms
Due to OGN’s versatility and overall reputation, major crypto exchanges in the world have added support for it. Here are the best platforms to have listed Original Protocol.
1. eToro – Buy Origin Protocol UK, US and Worldwide
One of the best platforms to buy OGN coin is eToro – having added support for Origin Protocol on May 31st 2022. The platform features 70+ tokens on its platforms along with other NFT assets, DeFi tokens and more.
It is the perfect platform for someone who wants to diversify their investments. It lists cryptocurrencies, forex and stocks, all of which are accessible from one place.
Since 2013, eToro has been proactive in adding new cryptocurrencies and stocks to its portfolio. Being one of the first crypto trading platforms, it is highly trusted by its users. eToro’s highly regulated and secure practices make it preferred by those who want a peace of mind while investing in crypto.
eToro complies with all the SEC regulations for its US user base. Apart from that, it is regulated by FCA (UK) and other security regulators ranging from countries like Australia and Cyprus such as CySEC and ASIC. The users’ personal information is stored and protected under an SSL certificate. All of this and more brings the necessary peace of mind to their 27 million+ crypto investors.
The eToro platform isn’t just safe but affordable too. Users can deposit funds into their eToro accounts for free if it is in USD denominations. USD withdrawals are also available for free. Apart from all this, only $10 is required to start trading OGN on eToro.
eToro also offer one of the top-rated mobile crypto apps alongside their desktop platform.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
2. Crypto.com: Margin Trade OGN
Next on the list is Crypto.com. OGN was listed on the Crypto.com platform in April 2021.
This UK-based platform has consistently been able to make a name for itself in the cryptocurrency space, especially as a margin trading platform.
One of the key factors of the platform is Crypto.com Earn. It allows users to earn interest on the investment they are holding. The rate of interest on your tokens depends on the cryptocurrency you’d want to invest in and the locking period.
Crypto.com has over 10 million+ trusted users and has over 250 cryptocurrencies listed on the exchange platform. All of this makes it an even better platform to buy OGN from.
Their collaboration with Visa is considered to be a game-changer, combining the overall utility and functionalities of fiat money and cryptocurrency.
The collaboration offers the users of Crypto.com a metal card made by the organisation in collaboration with Visa. Their VISA crypto card effectively reduces the gap between fiat money and crypto, in working as an ATM card and enables users to store their cryptocurrencies in it as well.
The platform charges a 2.99% commission on transactions made through debit cards. Although, new users enjoy a free trial for the first 30 days after joining Crypto.com.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
3. Binance: Buy Origin protocol at 0.1% fees
Binance is one of the oldest and the biggest cryptocurrency exchanges. The Binance was platform founded in 2017.
Binance listed OGN coin on 6th January 2020. There are over 600 cryptocurrencies listed on the platform in total. Binance is especially popular with veteran crypto traders due to its advanced interface and very competitive fees to trade crypto. While the platform isn’t regulated like eToro, it has established a good repution among crypto investors.
Binance is popular amongst users for day trading as the 0.1% maker/taker fee is highly competitive and gets even cheaper when its native cryptocurrency Binance Coin (BNB) is used to pay the fees.
It also operates at a variable pricing structure that rewards higher trading volumes. The trading fees can be further reduced by a further 25% when BNB tokens are held.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
4. Coinbase: Simple & Fast Exchange to Buy Origin Protocol
Coinbase is a leading cryptocurrency exchange based in the United States.
The exchange-listed OGN on 9th April 2021 and has had it there since. If you’re looking for a platform that allows you to buy OGN in an easy and fast manner, then Coinbase might be the cryptocurrency exchange you should go for. More than 100 million users of the Coinbase platform.
Although, buying OGN with a debit/credit card on Coinbase is expensive – that payment method incurs a 4% fee. The high fees come with a secure environment however as 98% of customer funds are secured in cold storage.
There’s also insurance available of up to $250,000 for users when they’re investing in the platform.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
What is Origin Protocol?
Origin Protocol is a next generation platform based on the Ethereum blockchain. The Origin Protocol aims to democratize the decentralized finance (DeFi) and non-fungible token (NFT) space through their offerings.
Origin started with building a DeFi e-commerce platform, and then shifted its focus to NFTs and the unique experiences they can offer. They began by launching an NFT marketplace to simplify issuing NFTs.
This further enhanced the degree of control of NFTs towards creators. The Origin team collaborated with electronic music producer 3LAU.
Furthermore, Origin Protocol has tapped into the DeFi space quite effectively too. This comes into play with the launch of their stablecoin Origin Dollar (OUSD). This allows users to earn a yield on OUSD stored in wallets.
This also takes away the rigidity of staking your cryptocurrency by locking them away in a protocol.
The Team Behind Origin Protocol
Origin Protocol was co-founded by Matthew Liu and Josh Fraser, with both of them having a prestigious background in tech.
Josh Fraser was at the helm of multiple tech companies, such as Torbit, which got acquired by Walmart Labs. Liu on the other hand was one of the earliest hires in YouTube and worked at several other startups like Qwiki, which was acquired by Yahoo.
Origin Protocol raised approximately $38 million at ICO through the sales of OGN tokens in 2018 July. This was from a number of private and institutional investors including Pantera Capital, Blockchain.com and more.
What makes Origin Unique?
What adds to the value of Origin is the number of problems it ends up solving through its functionalities.
- Easier accessibility: Due to an easy-to-use interface and via the removal of technical and financial barriers, it is easier for anyone to access Origin. This allows a further and more diversified adoption of the technology.
- Investor Confusion: DeFi can tend to get a little confusing for someone who’s new to the space. Origin is taking a step forward in solving that problem by including a simple dashboard.
- Centralisation: The Origin Protocol platform plans to do away with the centralized market concept. Instead, NFT creators are encouraged to develop unique marketplaces which a larger degree of control. This allows newer commerce experiences to take place.
Is OGN a good investment in 2022?
OGN can be termed to be a good investment since when it comes to returns and market performance, the OGN cryptocurrency asset has consistently been able to outperform. At the time of writing, the token hit a 7-day high of $0.3605, with a rising consumer sentiment around it.
Keeping external factors aside, the cryptocurrency has also invested and diversified its operations in commerce, DeFi and even NFTs.
With Origin’s Dshop, the problems that businesses usually face around centralized, high-fee and non-ownership aspects of operations will be resolved.
Keeping the functionality of OGN in mind, along with a stable OUSD and backed by founders with decent backgrounds, Origin Protocol is expected to reach newer heights.
Origin Protocol Price
As of July 2022, the price of OGN has been ranging between $0.22 – $0.28.
The OGN token’s prices have largely remained stable with the cryptocurrency seeing some major upwards and downwards trends overall. The cryptocurrency is technically trading at its above resistance mark.
Resistance is basically the level on a graph at which the price of an asset stops rising.
While the currency has been able to outperform other cryptocurrencies, the impact of the plunge in Bitcoin’s valuation can be seen on OGN too.
From its high of $1.3683, the cryptocurrency has seen a massive downtrend, correlating with the BTC prices. OGN prices have dropped from the $0.6 range to the $0.2 range in the last 3 months of 2022.
Origin Protocol Price Prediction
After looking at the current prices and trends around OGN’s prices, let us look at the future price prediction of the protocol.
One thing to note here is the fact that most of the altcoins tend to react to how Ethereum and Bitcoin tend to perform. The bearish phase of 2022 on the overall market has been quite evident on OGN as well.
OGN entered 2022 with a price tag of $0.643. This price further dropped with brief moments of recovery or ‘pumps’. When it comes to making future predictions for OGN’s prices for the rest of 2022, it looks optimistic.
That can be said due to Origin Protocol’s presence in DeFi, NFTs and Web 3.0. Coupled with their omnichannel approach and a recovering Bitcoin market, the prices can reach somewhere around $0.34 by the end of 2022.
The token has showcased an average price of $0.25 – $0.26 in May & June this year. An average price of $0.31 can help OGN beat the latest price trends.
By 2023, there are chances that an influx of funds and support by financial institutions can help bring back a positive customer sentiment around cryptocurrencies. If this happens, the OGN can reach a maximum price of $0.52, with an average price of $0.44.
Also see our latest OGN technical analysis and price prediction post and the following video, which also reviews the Origin Protocol airdrop.
Best Ways to Buy Origin Protocol
When it comes to buying Origin Protocol, there are various methods you can opt for funding your investments. Here are some of them and how you can move ahead with it on different platforms.
Buy OGN with a Debit or Credit card
Buying OGN via a debit or credit card can be expensive with fees on platforms like Crypto.com going up to 2.99%. The fee is 3.99% on Coinbase when buying cryptocurrency through a debit card or a credit card.
Buy OGN with PayPal
While PayPal is gradually expanding its reach and many popular crypto exchanges are adopting PayPal, eToro remains the best crypto exchange where you can buy OGN through PayPal.
Buy OGN Without an ID
Platforms like Binance and KuCoin don’t require you to go through any verification for buying OGN tokens. KuCoin doesn’t require you to undergo a verification process till they notice any suspicious activity from their end. Similarly, if your daily withdrawal limit is less than 2 BTC, Binance doesn’t require you to fulfill a KYC process.
Best Wallet for Origin Protocol
When it comes to choosing the best crypto wallet, there are a lot of factors that come into play.
eToro is one such platform that we’ve reviewed. It is fairly easy to use for newbies due to its easy-to-use and clear interface. It is easily accessible from Android, Apple and/or desktop as well.
Its FINRA membership and FCA regulations ensure that any investments you make through the platform remain safe.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
How to Buy Origin Protocol: Full Tutorial
Here is the complete tutorial to buy Origin Protocol:
Step 1: Create your eToro account
Visit the eToro website and create a free account in just a few minutes. Enter your personal details. Once done, verify your account by completing the KYC procedure. It will have you upload a government-issued ID on the platform.
Step 2: Depositing Funds
Once your account is created, you need to deposit funds into your account. eToro enables users to deposit funds in fiat currencies using a credit/debit card, eWallet, bank transfer. eToro is one of the only platforms to accept PayPal deposits.
Step 3: Search for the OGN token
After depositing funds into your eToro wallet, click on the eToro search bar. Type ‘OGN’ and it will appear in the results. Click on OGN. You can have a look at the price chart, or engage with other buyers to get a peek at the market sentiment about whether OGN is a good investment at the time. Once you’re ready to buy, click on ‘Trade’.
Step 4: Buy OGN token
A pop-up will appear. Enter the USD amount to invest in OGN. Confirm the buy order by clicking on the ‘Open trade’ button. Or, you can click on the units’ button to buy a certain number of OGN crypto.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
How To Sell Origin Protocol?
.In order to sell your OGN token on eToro, you just need to follow a few simple steps.
The open positions on eToro are displayed in your portfolio, and present on the menu on the left-hand side. To close your position on OGN, i.e. to sell it and receive cash back, click on the red cross icon on the right. Click on ‘Close Trade’. Another option is to transfer your OGN tokens to Crypto.com if you want to short-sell OGN or want to convert them into Tether (USDT).
Conclusion
The OGN token’s recent outperforming stint puts it on the equal spot as the biggest cryptos in the market. Adding to that, the OGN token was treated as ‘very bullish’ when it comes to customer sentiment. Apart from the customer sentiment and its market performance, the Origin Protocol brings together a lot of features that many crypto enthusiasts are optimistic about in the near future. It enables secure NFT creation, which wasn’t possible earlier. The current bear market makes the token a buying opportunity. You can use eToro to buy OGN coin using USD, EUR, and GBP.
eToro - Regulated Crypto Platform
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FAQs on Buying Origin Protocol
Is OGN on Coinbase?
Is the Origin Protocol based on Ethereum?
What are the highest and lowest prices for Origin Protocol?
Is OGN on Binance?
Is OGN on Crypto.com?
This article was written for Business 2 Community by Eric Dunne.
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