Focused on professional traders cryptocurrency exchange Coinbase Pro has announced the launch of omisego (OMG) trading on the platform starting on Monday, May 18, 2020.
The exchange says it will begin accepting inbound transfers of OMG to Coinbase Pro "for at least 12 hours" prior to enabling full trading.
Full trading will reportedly begin on or after 9AM Pacific Time (PT) the following day, "if liquidity conditions are met," an official announcement says.
Coinbase claims additional pairs including OMG-EUR and OMG-GBP may also be supported as soon as 7am PT on Wednesday, May 19 once sufficient supply of OMG is established.
OMG will be available for all Coinbase’s users in supported jurisdictions, except New York State.
In February, Coinbase added support for the margin trading feature. The exchange's users can open positions with a leverage of up to 3x on all pairs with the US dollar.
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