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Buy Optimism (OP) in India at ₹28.28

Live OP/INR Price

₹28.28

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1.8%

Price Changes

₹0.5

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1.8%

24h Low

₹27.78

24h High

₹28.87

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What is the OP cryptocurrency?

OP is the native utility token of the Optimism ecosystem. The token is at the center of every on-chain activity like transactions, incentivizing network participants, and rewarding stakers. It is also used for governance, allowing token holders to vote on major decisions and proposals that shape the network’s future. The token has established itself as a prominent cryptocurrency in the broader market with its trading volume surpassing other market veterans. 

Reasons to buy Optimism (OP)

• Optimism (OP) ranks #47 in terms of top cryptos by market cap and #37 in terms of trading volume.

• Technical experts forecast that the token would trade between $25 to $30 by 2030. 

• The protocol is backed by a strong team that previously worked on the world’s first smart contract network, Ethereum.

Three things to know before buying Optimism (OP)

• Optimism uses the consensus mechanism of its parent blockchain, Ethereum, rather than having its own. 

• OP has a maximum supply of 4.29B OP

• OP clocked its all-time high of $4.85 in March 2024.

Highlight

Optimism (OP) is a Layer 2 solution for Ethereum to provide solutions for Ethereum’s limitations such as scalability and high transaction fees.

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Price Statistics

OP Price Today

OP Price

₹28.28

Price Change 24h

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1.8%

Price Change 7d

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11.28%

Market Rank

#80

Market Cap

₹5,294 Cr.

Trade Vol 24h

₹788 Cr

Circulating Supply

₹194 Cr. OP

Trading Activity

73% Buy27% Sell

FAQ's

1. What is Optimism (OP) crypto?

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Optimism (OP) is a Layer 2 protocol and smart contract platform designed to enhance the Ethereum blockchain. It aims to provide low-cost and near-instantaneous Ethereum transactions by leveraging optimistic rollups, which assume transactions are valid by default and only verify them if a discrepancy is detected. This significantly reduces transaction costs and settlement times, making Ethereum more scalable and efficient.

Optimism is governed by its native token, OP, which is used for various purposes within the network, including paying transaction fees and participating in governance decisions.

2. How Can I Buy Optimism (OP) In India?

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To buy Optimism in India directly, you can engage in P2P (Peer to Peer) trade. If there’s somebody you know who already has Optimism, you can buy directly from them.

OR

You can use decentralized exchanges to connect with a seller and buy Optimism from them.

The easiest way to take the simplified route is to download the CoinSwitch App!

3. How to Buy Optimism (OP) in India Directly?

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You can buy Optimism in just 4 steps on the CoinSwitch App:

• Open the CoinSwitch App, click on the Market tab from the bottom navigation, and select Optimism.

• Click on the ‘Buy’ button.

• Enter the amount that you would like to buy Optimism for, say ₹100, and click on the ‘Preview Buy button

• Check all the details of your order and proceed by clicking ‘Buy.’

Congratulations, you just bought your first Optimism!

4. How Can I Buy Optimism (OP) In India?

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CoinSwitch App helps you buy Optimism in India with ease. You can start buying Optimism with just ₹100. To know more about buying Optimism: Click Here

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.

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