OG offers US customers the chance to buy and sell trade contracts for real-world predictions from other users, and these include sports, politics, economics, and other diverse subjects, with an emphasis on US activity.
If you intend to give trading here a go, you need to understand the relevant OG fees - this is because like other prediction exchanges, OG has a set fee structure for buying and selling trade contracts that can impact your potential trading returns. Read on for a complete breakdown of these fees, plus other potential charges like deposit fees.
Are There Any OG Trading Fees?
Whether you’re trading standard OG predictions or things like
OG Parlays, there are trading fees. This is because it’s a peer-2-peer trading site and fees are needed as a form of commission. At the time of writing this guide, the fee structure is as follows for trade contracts with a base value of $1:
| Action | Fee |
| Opening a position (buy a trade contract) | $0.02 |
| Close a position (selling a trade contract) | $0.02 |
| Settling a position in-the-money* | N/A |
| Settling a position out-of-the-money** | N/A |
*Settling a position in-the-money means that you got the prediction right and you held your contract.
**Settling a position out-of-the-money means that you got the prediction wrong and got $0 return on your trade contract.
We love the simplicity of this fee setup - there’s no complex formulas like some other sites use, and it’s especially easy for beginners who are new to trading to understand. You’ve got a simple flat $0.02 fee for buying and selling trade contracts, and you don’t get charged for settling your contracts - whether you get the prediction right or wrong.
Are There Any OG Deposit and Withdrawal Fees?
Aside from OG trading fees, there are also fees for deposits depending on the payment method you use to credit your account and buy trade contracts; the current breakdown includes:
- ACH Bank Transfer: 0%
- Debit Cards: 1.49%
- PayPal: 1.99%
- Venmo: 1.99%
- Apple Pay: 1.49%
- Google Pay: 1.49%
Because of this, it’s recommended to use ACH Bank Transfer where possible, otherwise you may be further limiting the potential returns you can make on your trades due to hefty deposit charges.
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Real world predictions at OG
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Predict diverse markets on OG mobile app
Getting Started at OG
As we stated in our
OG review, to be able to trade here you need to register an account, and this can be done via the following steps:
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Click our OG links.
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Click the sign-up button.
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Enter the relevant personal details.
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Complete the initial verification process.
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Log in to your account.
After that, it’s a simple case of depositing money into your account, browsing the different prediction markets, and executing your first trade. OG currently offers prediction markets for:
- Sports
- Companies
- Crypto
- Financials
- Economics
- Culture
- Politics
Pros and Cons of OG
Overall, OG is a robust prediction trading exchange with plenty to offer. The site looks great, and you’ve got two downloadable apps to use. On top of that, the sports predictions are diverse, and the OG fees are in-line with what other operators are charging. We would like to see more markets added outside of sports predictions though, and the removal of deposit fees. Go to og.com for more information.
Pros and Cons
- Downloadable app
- Low trading fees
- Easy-to-use website
- Great range of sports predictions
- Deposit fees
- More non-sport predictions are needed.
Conclusion - OG Has a Simple Trading Fees Structure That’s Easy to Understand
The main things to remember about OG fees are that there’s a flat $0.02 charge for buying and selling trade contracts, and that it’s best to use ACH Bank Transfer if possible for deposits, to avoid up to a 1.99% payment fee.
Compared to other operators, OG has a simple and fair fee structure that’s generally in-line with the 2% or less that is often charged. We would, however, like to see a reduction in the deposit fees as this can limit your payment options. To give this site a try for yourself, you can click any of the banners we’ve got on this page and go through the signup process.
OG Fees FAQs
💰 Is There an OG Fee for Settling Your Trade Contracts?
No. Regardless of whether your trade contract settles in-the-money, or out-of-the-money, there is no fee.
🏦 Are There Any OG Deposit Fees?
Yes. OG charges deposit fees ranging from 1.49% to 1.99% depending on the payment method you use.
📊 Is There a Limit on the Number of Trade Contracts You Can Hold?
Yes. You can hold 2,500,000 $1 trade contracts maximum on any position.
This content is sponsored by OG / Crypto.com: Securely Buy, Sell and Trade Bitcoin, Ethereum and 400+ Crypto and should not be considered as investment advice. Trading on prediction markets carries risks, including market volatility and the possibility of losing your stake. Before participating, carefully consider your risk tolerance and the potential outcomes.
Foris DAX Inc. and Foris Inc. (d/b/a Crypto.com) offer connectivity to Crypto.com | Derivatives North America (CDNA), which is regulated by the Commodity Futures Trading Commission, for the purpose of trading derivatives on and subject to the rules of CDNA. Currently available for U.S. users only, who must first become a Member of CDNA prior to trading event contracts on CDNA. Trading on CDNA involves risk and may not be appropriate for all. Customers risk losing their cost to enter any transaction, including fees. You should carefully consider whether trading on CDNA is appropriate for you in light of your investment experience and financial resources. Any trading decisions you make are solely your responsibility and at your own risk. Past performance is not necessarily indicative of future results. None of the material on Crypto.com or CDNA is to be construed as a solicitation, recommendation or offer to buy or sell any financial instrument on CDNA or elsewhere. CDNA is subject to U.S. regulatory oversight by the CFTC.
Participating in Level Up does not guarantee access to all services or benefits. Services and potential benefits remain subject to local jurisdictional requirements, availability, and terms and conditions, among other things. See https://crypto.com/us/levelup for details.
Services, features and other benefits referenced may be subject to eligibility requirements, token holdings, and may change at the discretion of Crypto.com. Depositing funds or taking part in prediction markets does not constitute an endorsement of trading activity. Promotional rewards or bonuses are not guaranteed. Certain features, rewards and benefits are available only in eligible markets and may vary by region.
