How to buy Optimism
OP
OP is the governance token of Optimism, which is a layer-2 optimistic rollup scaling solution for the Ethereum network. As a scaling solution, Optimism intends to leverage Ethereum’s security while improving its transaction throughput, latency, and costs. Developers can build dApps on Optimism as they would on Ethereum, and those dApps should operate at reduced costs due to Optimism’s rollup technology. The OP token was first issued in May 2022 as means of introducing the Optimism Collective to the community to accommodate DAO governance through on-chain voting.1 You can buy and sell OP for any major cryptocurrency – like ETH and XRP – or traditional currency such as Canadian Dollar, US Dollar. Trading cryptocurrencies is like foreign exchange of traditional currencies – you trade OP for ETH the same way you trade CAD for USD. You can also trade OP to CAD based on the OP price. To learn how to buy Optimism / OP, scroll down to see how to buy Optimism.
Optimism is a layer-two blockchain built on top of Ethereum that uses optimistic rollups to scale the Ethereum ecosystem. Optimism’s key focus is on simplicity, pragmatism, sustainability, and optimism, and it aims to be a fully decentralized public good that is not profit-oriented. Optimism’s design uses Ethereum’s security and aims to keep its code simple, work with existing codebases, and implement features iteratively. Optimism is unique because it guarantees a smooth user experience while ensuring security through the Ethereum consensus mechanism, and transactions are immediately accepted or rejected, with finality being reached after a certain period.
Optimism (OP)
All prices are in USD.
How to buy Optimism
OP
OP is the governance token of Optimism, which is a layer-2 optimistic rollup scaling solution for the Ethereum network. As a scaling solution, Optimism intends to leverage Ethereum’s security while improving its transaction throughput, latency, and costs. Developers can build dApps on Optimism as they would on Ethereum, and those dApps should operate at reduced costs due to Optimism’s rollup technology. The OP token was first issued in May 2022 as means of introducing the Optimism Collective to the community to accommodate DAO governance through on-chain voting.1 You can buy and sell OP for any major cryptocurrency – like ETH and XRP – or traditional currency such as Canadian Dollar, US Dollar. Trading cryptocurrencies is like foreign exchange of traditional currencies – you trade OP for ETH the same way you trade CAD for USD. You can also trade OP to CAD based on the OP price. To learn how to buy Optimism / OP, scroll down to see how to buy Optimism.
Here’s how to buy Optimism on Coinsquare
Buying Optimism is just like foreign exchange of traditional currencies like the Canadian Dollar, US Dollar, or Euro. You trade coins that you have – either a cryptocurrency or a dollar – for Optimism, which trades as OP. Based on when you think you can get a good OP price, you should be able to trade OP to CAD.
To buy Optimism, simply follow these steps:
Sign up for a Coinsquare account and verify your identity
This is the first step to buying OP. Verifying your identity helps us to properly connect your funds to your account.
Fund your account with Canadian Dollars
Funding is like putting gas into a car – it helps you get where you want to go.
After funding, select OP from the list on the trade section
Coinsquare lets you trade OP without leaving the app. You can also check the Optimism stock price and convert OP to CAD on the platform.
Select a currency you’ve funded and use it to check the OP price
In the Coinsquare app, all currencies available to trade can be found in the drop down list.
Buy OP
Congratulations! You’re now the proud owner of OP. You can either HODL or use it to exchange OP to CAD. To the moon!
Optimism is a layer-two blockchain built on top of Ethereum that uses optimistic rollups to scale the Ethereum ecosystem. Optimism’s key focus is on simplicity, pragmatism, sustainability, and optimism, and it aims to be a fully decentralized public good that is not profit-oriented. Optimism’s design uses Ethereum’s security and aims to keep its code simple, work with existing codebases, and implement features iteratively. Optimism is unique because it guarantees a smooth user experience while ensuring security through the Ethereum consensus mechanism, and transactions are immediately accepted or rejected, with finality being reached after a certain period.
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