Buy Optimism (OP)

Follow the steps below to easily and securely buy Optimism.

You can securely store your Optimism in your Finst wallet. Some cryptocurrencies also support external wallets, allowing you to send your crypto to your own wallet if desired. We use state-of-the-art security measures to keep you and your crypto safe.

We work with Fireblocks, one of the most trusted crypto security infrastructure providers, to safely store your Optimism. They make use of Multi-Party Computation (MPC) technology which is an advanced cryptographic technology used to protect your digital assets.

Additionally, Finst is the first and only Dutch crypto platform that has successfully conducted an extensive Proof of Reserves (PoR) audit. With Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, at Finst, you can easily buy Optimism with iDEAL. We also support popular payment methods like SEPA and Bancontact.

At Finst, you can start investing in Optimism with as little as €1. For many coins, it is not necessary to buy a whole coin.

Yes, it is safe to buy Optimism through Finst. We are registered as a Crypto Service Provider (no. R189158) with the Dutch Central Bank (DNB), and we are the first and only Dutch crypto platform that successfully obtained a Proof of Reserves (PoR) from an independent and reputable audit firm (Audit Now). At Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, buying Optimism is legal in Europe. However, we advise you to do your own research before making a purchase.

Investing in cryptocurrencies like Optimism involves risks of losses. You can lose (part of) your deposit. Before you decide to buy Optimism, it is important to understand the risks.

Volatility: The price of Optimism can fluctuate significantly. This means that its value can rise and fall quickly.

No guaranteed profit: Previous price increases do not guarantee future returns. Therefore, only invest money that you can afford to lose.

External factors: The price of Optimism is influenced by external factors, such as economic conditions and the actions of influential individuals, governments, and institutions. These factors can have a positive or negative impact on the price.

When you buy Optimism through Finst, you benefit from the most competitive trading fees of 0,15% per transaction.

Any fees you may encounter when trading crypto are clearly shown for every transaction on our platform.

It's important to note that network fees are outside of our control, as they are determined by the blockchain networks themselves.

This means that while network fees may vary depending on the blockchain and current demand, our trading fee remains consistent, helping you better manage your transaction costs.

No, due to laws and regulations, it is not possible to buy Optimism or other cryptocurrencies anonymously on a regulated crypto platform in Europe.

At Finst, we support several order types to buy Optimism: Market Order, Limit Order, and Auto Invest (DCA).

- With a Market Order, you buy Optimism instantly at the best available market price.

- Do you want to buy Optimism at a lower price? With a Limit Order, you set the maximum price you're willing to pay for Optimism. Your order will be executed once your limit price is reached on the market.

- Do you want to invest in Optimism without constantly checking the market? With Auto Invest, you can schedule automatic and recurring purchases. Whether you want to buy daily, weekly, bi-weekly, or monthly - you choose the frequency.

Yes, on our platform, you can easily buy Optimism with a Limit Order. This allows you to set the maximum price you're willing to pay. Your order will be executed once the price of Optimism reaches your limit price or lower.

A Limit Order is ideal if you want to wait for a better price without constantly monitoring the market.

Yes, with Auto Invest, you can set up daily, weekly, bi-weekly, or monthly purchases of your favorite crypto using the Dollar Cost Averaging (DCA) strategy. Create your own investment plan and DCA Optimism without any action required or additional fees.

Do you prefer to store your crypto on your external wallet? At Finst, we have various cryptocurrencies enabled for automatic withdrawals, which are sent straight to your wallet after each recurring purchase.

Optimism is a so-called Layer 2 solution for Ethereum. Basically, it makes Ethereum faster and cheaper without messing with its security. Ethereum can be slow and expensive due to high transaction fees (gas fees). Optimism solves this by processing transactions off-chain and then bundling them onto the blockchain. This keeps costs low and the network scalable. These kinds of solutions are called ‘Layer 2 protocols’.

Optimism uses a technology called Optimistic Rollups, which is basically a fancy way of saying it piggybacks on the security of another, 'older' blockchain. Instead of having its own consensus mechanism, it relies on the main chain’s mechanism (like PoW or PoS). In OP Mainnet’s case, that main chain is Ethereum.

This means transactions get processed first without being immediately verified by Ethereum. The system assumes everything is correct (hence 'optimistic') unless someone proves otherwise within a certain timeframe. This results in faster and cheaper transactions while keeping security intact.

On top of that, Optimism supports smart contracts, making it easy for developers to build and run decentralized applications (dApps) on a more efficient network than Ethereum itself.

Optimism was created by the team behind the Optimism Foundation, a non-profit focused on improving Ethereum’s scalability. The most well-known figure in the team is Jinglan Wang, who has been in the blockchain space for years, working to make Ethereum more efficient and accessible. The goal of Optimism is not just to make Ethereum faster and cheaper but also to give back to the Ethereum ecosystem.

Optimism tackles some of Ethereum’s biggest issues. Faster and cheaper transactions make the Ethereum network more accessible to everyone. Plus, it's backed by big names in the crypto space and continues to grow. Looking for an efficient and innovative crypto? Then Optimism (OP) is definitely worth considering!