Omax Coin

Omax Coin PriceOMAXInactive

$0.000005792944083280.055792

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Omax Coin Price Today

Current OMAX/USD real-time price is $0.000005792944083280.055792, with a 24-hour change rate of +0.00% and a 7-day change rate of -42.00%. OMAX currently ranks #3194 globally by market cap, with a total market cap of $50.213222K, a fully diluted valuation (FDV) of $52.1365K, and a 24-hour trading volume of $0. In terms of supply, OMAX has a maximum supply of ∞, a current circulating supply of 8.67B, with 96.31% already in circulation and 3.69% remaining to be unlocked.

About Omax Coin

What is Omax Coin (OMAX)?

Omax Coin (OMAX) is the native cryptocurrency of OMAX Chain, a decentralized, open-source Layer 1 blockchain system designed to facilitate a wide range of financial services. Launched in 2021, OMAX Chain combines the transparency of public blockchains with the speed and security typical of private networks. The platform supports decentralized smart contracts and serves as a foundation for various other cryptocurrencies. OMAX aims to become a future point-of-sale cryptocurrency by integrating its blockchain with popular e-commerce checkout and payment systems. The project aspires to overcome challenges neglected by early blockchain networks, including low network bandwidth, exorbitant fees, and a suboptimal developer experience. With a total supply of 9 billion OMAX tokens and approximately 8.67 billion in circulation, Omax Coin is positioned as a practical digital asset for everyday payments and decentralized applications.

Key Specifications & Tokenomics

  • Name: Omax Coin
  • Ticker / Symbol: OMAX
  • Consensus Mechanism: DPoS (Delegated Proof of Stake)
  • Blockchain / Chain: OMAX Chain — Layer 1, EVM-compatible
  • Smart Contracts: Supported; interoperable smart contracts
  • Category: AI & Big Data, DeFi, PoS
  • Launch Year: 2021
  • Total Supply: 9,000,000,000 OMAX
  • Circulating Supply: 8,667,996,990 OMAX
  • Max Supply: 10,000,000,000 OMAX (per TokenInsight); 9.00B (per DropsTab)
  • Token Standard (initial): BEP20
  • Block Explorer: omaxray.com; Omaxscan.com
  • Official Website: Omaxtoken.com
  • CertiK Rating: 3.1
  • Performance: 100,000 TPS capacity

Who created Omax Coin?

Omax Coin was founded in 2021 with roots stretching from the United Kingdom and Australia. The project is currently based in Dubai, UAE. The co-founders are Tony and Nick. Tony is a tech entrepreneur in the blockchain realm who earned his bachelor's degree in Computer Science and Engineering in London, United Kingdom. Nick holds a bachelor's degree in Commerce from Melbourne, Australia, and brings extensive experience in marketing and commercials. A quartet of additional developers has actively contributed to the developmental endeavors of Omaxchain. The global team consists of developers, marketers, and influencers. The project also received backing from two major influencers, B Praak and Urvashi Rautela, with a collective hoard of 50 million followers.

How does Omax Coin work?

Omax Chain operates as a decentralized, open-source Layer 1 blockchain system secured through a Delegated Proof of Stake (DPoS) consensus mechanism. This mechanism relies on participants who hold a stake in the network to validate and confirm transactions; the more authority a participant has in the consensus process, the more security is enhanced. The blockchain is EVM-compatible, meaning developers can build and deploy interoperable smart contracts and decentralized applications. With a capacity to handle 100,000 transactions per second, OMAX Chain offers low gas fees and high throughput. The mainnet phase was set to launch on August 19th, 2022, with the objective of making it a user- and business-friendly smart contract model. The platform also integrates with ivendpay and the e-commerce industry to augment utility for investors and businesses.

What makes Omax Coin unique and valuable?

Omax Coin distinguishes itself through several key attributes. As an EVM-compatible Layer 1 blockchain with low gas fees and high throughput, it positions itself as a favored platform for developers and financial institutions seeking to build applications. The project's focus on becoming a future point-of-sale cryptocurrency through integration with popular e-commerce checkout and payment systems gives it practical utility beyond speculative trading. OMAX will use its own blockchain technology to make its NFT marketplace unique. Community members are also involved in decision making, making them feel like true participants. The DPoS consensus mechanism ensures security while supporting short block times and lower fees. The platform's ability to handle 100,000 TPS and its integration with ivendpay further differentiates it in the competitive blockchain landscape.

What is Omax Coin used for?

OMAX serves multiple purposes within its ecosystem. As the native cryptocurrency of OMAX Chain, it is used to facilitate the execution of decentralized smart contracts. The token is designed to become a future point-of-sale cryptocurrency, enabling everyday payments through integrations with e-commerce checkout and payment systems. OMAX is also used within the NFT marketplace built on OMAX's own blockchain technology. The token facilitates transactions on Omaxswap, the decentralized exchange within the OMAX ecosystem. Additionally, OMAX supports the broader DeFi and AI & Big Data categories, allowing users to participate in various financial services. The integration with ivendpay augments utility, promising a streamlined experience for investors and businesses alike.

How Is the Omax Coin ecosystem developing?

The OMAX ecosystem comprises several interconnected components. Omaxswap serves as the decentralized exchange (DEX) on the OMAX network. An NFT marketplace is built using OMAX's own blockchain technology, designed to be unique through this native integration. Integration with ivendpay and the ecommerce industry augments utility across the ecosystem. The platform supports smart contracts, enabling developers to build applications and protocols on the blockchain. EVM compatibility allows developers and financial institutions to build applications efficiently. As of January 2024, acquisition of OMAX is facilitated through various platforms including MEXC, Bitmart, Lbank, XT.com, Coinsbit, and other CEXs and DEXs like Omaxswap. The project continues to develop its Layer 1 blockchain infrastructure with a focus on user- and business-friendly smart contract models.

How to mine Omax Coin?

Omax Coin does not use traditional mining. Instead, OMAX Chain relies on a Delegated Proof of Stake (DPoS) consensus mechanism. In this system, participants who hold a stake in the network validate and confirm transactions. The more authority a participant has in the consensus process, the more they contribute to network security. Validators are responsible for producing blocks and maintaining the blockchain. Token holders can participate by staking their OMAX tokens to support validators and earn rewards. The DPoS system supports short block times and lower fees compared to proof-of-work networks. This staking-based approach allows community members to actively participate in securing the network while earning incentives for their contribution.

How to keep your Omax Coin safe?

Keeping your OMAX tokens safe requires following established security practices. Since OMAX initially launched on the BEP20 standard and now operates on its own OMAX Chain, ensure you use compatible wallets that support the relevant blockchain network. Store your private keys securely and never share them with anyone. For long-term holdings, consider using hardware wallets that keep your private keys offline. When interacting with decentralized applications like Omaxswap or the NFT marketplace, verify contract addresses through official sources such as Omaxtoken.com or the block explorer at omaxray.com. Be cautious of phishing attempts and only use official links. Regularly update your wallet software and enable two-factor authentication where available. Before making large transactions, test with small amounts first to confirm address accuracy.

How to Buy and Use Omax Coin

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsOmax Coin is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose Omax Coin products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for OMAX are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.

Omax Coin FAQs

What is the live price, market cap, and 24h volume of Omax Coin (OMAX)?

As of right now, the live price of Omax Coin (OMAX) is $0.000005792944083280.055792. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated OMAX to USD rate at the top of BTCC’s price page. In terms of market scope, Omax Coin records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $50.213222K. Its current circulating supply stands at 8.67B out of a maximum supply cap of ∞.

Why does the price of Omax Coin (OMAX) fluctuate, and what drives its volatility?

The price volatility of Omax Coin (OMAX) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (8.67B) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.

What are the all-time high (ATH) and all-time low (ATL) for Omax Coin (OMAX)?

Looking at its historical price performance, Omax Coin (OMAX) hit an all-time high (ATH) of $0.060239 on 2021-11-12 02:50, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.000005492701273790.055492 on 2026-07-28 21:30. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.

How to read the Omax Coin (OMAX) price chart for futures trading?

When trading OMAX futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from Omax Coin (OMAX) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s OMAXUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Omax Coin, simply log into your BTCC account with USDT margin available, navigate to the OMAXUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.

Can I trade Omax Coin (OMAX) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for OMAXUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.

How to practice Omax Coin (OMAX) futures trading with a free demo account?

Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.000005792944083280.055792), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for OMAXUSDT with zero financial risk.

Step-by-step guide: How to buy and trade Omax Coin (OMAX) on BTCC?

Trading Omax Coin (OMAX) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for OMAXUSDT, and review its live price ($0.000005792944083280.055792) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.