How to Buy Open Meta Trade Crypto (OMT)

What is Open Meta Trade (OMT)?

According to Coingecko, Open Meta Trade is : What is the project about? Open Meta Trade is a decentralized and transparent Futures exchange built on three networks: Arbitrum, ONUS Chain, and BNB Chain offering the lowest trading fees in the market. At Open Meta Trade, users can trade in derivatives from a wide range of blue chip crypto assets such as BTC, ETH, and top coins to stocks and indices with up to 250x leverage, with distinctive advantages: - 0.04% Opening/closing fees - High-quality price feeds from Oracle - No slippage and funding rate - Fully transparent decentralized mechanism - 100% profit sharing What is OMT Token used for? OMT is the governance and utility token of Open Meta Trade, with a total supply of 2,000,000 OMT. Holders are incentivized to stay in for the long run, with many rewards that will quickly accumulate, including: - Escrowed OMT (esOMT): Has the same values as OMT. EsOMT can be used to stake and receive rewards similar to OMT or vest to get OMT back within one year. - Multiplier Points (MP): Reward long term OMT and esOMT holders without inflation. - 30% of the system fee - USDCr Who Are the Founders of Open Meta Trade? Open Meta Trade's founding team are programmers with extensive experience in finance and blockchain and have developed many decentralized products. They are anonymous and focus only on developing the platform instead of needing a personal reputation. Although they have completed a Know Your Customer (KYC) process with SolidProof, along with the contract audit. While some of our team members are publicly doxxed, but we want to stay anonymous. We have completed a Know Your Customer (KYC) process with SolidProof.

Where can I buy OMT Crypto?

You can buy Open Meta Trade on crypto on Sushiswap's Arbitrum Version.

Why should you buy Open Meta Trade?

Open Meta Trade is really one of a kind project. The roadmap is incredibly promising and if the dev team can keep up with the with it, it's only a matter of time for the market to catch up. It's a very risky play but one that can yield amazing profits. Do you own diligence and research the project further so you can make your own decision.

How to Buy Open Meta Trade Crypto?

Step 1 - Setting up a Metamask Wallet

How to setup metamask for Arbitrum

Metamask is by far the most used walled in the world of Ethereum. Whenever you want to buy and sell cryptocurrencies or even use blockchain apps that run on the Ethereum Network, Metamask will be your best friend. Setting up the wallet is also very simple and easy.

Head over to metamask.io and click Download. You'll need to use Google Chrome, Brave Browser, Firefox, or Microsoft Edge for this to work. So make sure you are using one of these four browsers. Now at the end of the page, click on the browser you're using and install the extension.

You are now the Welcome Page of Metamask. Click on 'Get Started.' Now click on 'Create a Wallet.' Choose a strong password for your Metamask wallet and continue.

Very Important Part! Keeping your backup phrase safe is the difference between having millions in your account or be that guy on the landfill looking for his old hard drive.

Click on reveal your backup phrase and write every word down on paper. Make sure you don't save your backup phrase on anything digital. This is for your security. After you wrote down your backup phrase, you'll be asked to confirm it. Click on every word in the correct order, and you should be done.

Now since we are using the Arbitrum One, we’ll need to add the Network. I’ll go over this very quickly. Just go over to https://arbiscan.io/.

Bottom right corner click here:

Add arbitrum one to metamask

Accept everything on your Metamask and you should have your Arbitrum Network configured and the network switched to it.

Alternatively you can add the network manually like this:

Click on the upper right corner where you see the image and then click Settings. Select Networks and click on Add Network.

Fill out the boxes with this info:

Network Name: Arbitrum One
New RPC URL: https://arb1.arbitrum.io/rpc
Chain ID: 42161
Symbol: AETH
Block Explorer URL: https://arbiscan.io

Click Save, and now you have Arbitrum ONE installed on your Metamask.

Step 2 - Buy USDT on Simpleswap

To buy OMT, we first need to buy another coin so we can trade it for OMT. In this guide we chose to start by buying USDT (for the simplicity), trading it for ETH on the Arbitrum Chain to finally trade it for OMT. Unfortunately, without signing up to any regular exchange, we can't perform this exchange directly.

Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy ETH and receive it directly on our on-chain Metamask wallet, skipping most of the steps we'd have to take through a traditional exchange.

Click here to access Simpleswap

Just click the Buy/Sell Crypto tab, insert the USD amount you want to trade for USDT, select USDT(ERC20) from the dropdown and click "Exchange", just like this:

Switch your Metamask Network to the Ethereum Mainnet: Buy Ethereum on Simpleswap

Now all you have to do is click the Metamask fox logo to directly copy and paste your Metamask Ethereum address. It should add it automatically.

You can now choose between Google Pay or card to complete the payment:

Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated ETH balance in Metamask.

Step 3 - Swap USDT to ETH (Arbitrum) with Simpleswap

Now we're swapping the USDT we just bought for ETH on the Arbitrum Chain. Click here to access Simpleswap

Now that we're back on Simpleswap, we need to select the "Crypto Exchange" tab, and select USDT(ERC20) and ETH(Arbitrum) just like this:

Swap USDT to ETH(Arbitrum) with Simpleswap

and click "Exchange".

Click the Metamask logo to copy and paste your Metamask Address and click "Create Exchange".

Swap USDT to ETH(Arbitrum) with Simpleswap

Accept the transaction on Metamask and the process should start automatically. Now all you should do is wait, switch the network back to Arbitrum, and your Arbitrum ETH should appear in your Metamask balance.

Step 4 - Buy Open Meta Trade on SushiSwap with ETH

How to buy OMT on Sushiswap Arbitrum One

Sushiswap is currently the best Decentralized Exchanged for the Arbitrum Chain, and it's simply the best place to buy cryptocurrencies one Arbitrum that aren't available on sites like Coinbase or Binance.

Before we head over to Sushiswap, we need to prepare your Metamask Wallet to receive Open Meta Trade. Open Metamask, scroll all the way down, and click here:

How to add OMT to metamask on Arbitrum One

Select Custom Token and paste this token contract address there:

0x547c669cbbf746652e19f4686716763c8dba703f

The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive Open Meta Trade( OMT).

You can check the price and confirm the correct token address of Open Meta Trade on Coingecko.

Let's buy some Open Meta Trade!

Go to Sushiswap. On the upper right corner, click on Connect Wallet and select Metamask. A confirmation popup should open on Metamask (click on the "little fox logo" if you don't see it).Now you need to accept, connect, and your wallet should be connected to Sushiswap. You need to make sure you're connected to the Arbitrum version. Make sure your metamask says Arbitrum on the top.

Select a token and paste the Token contract address: 0x547c669cbbf746652e19f4686716763c8dba703f

Click Import and accept the terms.

Now you have to select the amount of ETH you want to trade for OMT. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.

Wait a few minutes, and your OMT should appear on your Metamask Wallet.

Congratulations! You are now a proud Investor of Open Meta Trade!

In case your transactions keep on failing, adjust your slippage tolerance. To do that, click on Sushiswap's gear icon, and put 5% here:

Define slippage on Sushiswap

Check out Open Meta Trade links:

Website: https://omt.finance/
Twitter: https://twitter.com/OMTFinance
Telegram: https://t.me/omtchannel
Explorer: https://arbiscan.io/token/0x547C669cBBF746652e19F4686716763c8dBa703f
Discord: https://discord.gg/PwHKhtpmnM

Please make sure you read our Disclaimer. We are not financial advisors.