How to Buy Ontology (ONT)

A Step-by-Step-Guide on how to buy Ontology (ONT)

Step 1 – Join Kraken

In the beginning you'll need to purchase one of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and to get BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Ontology (ONT) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you have selected the precise coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find Ontology (ONT)

Once your deposit has been confirmed, you'll instantly have access to your assets and you can begin purchasing and trading. To invest in Ontology (ONT) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to spot Ontology (ONT), you'll need to put the cointype (ONT) into the search box, which is marked in the image. Make sure you have choosen the right grouping, we've highlighted this too. Click on “ONT/BTC” to advance.

Binance Hot To Buy Ontology (ONT)
Binance How to Buy (ONT) Ontology
Step 4 – Acquisition of Ontology (ONT)

After you've discovered Ontology (ONT), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we are going to create our own Limit Order.

The ”Price” field will be automatically filled with the most up-to-date valuation Ontology (ONT) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of ONT you wish to purchase. The ”Total” field is the total price in Bitcoin that you'll pay for the whole volumen of ONT.

If you are happy, make a mouse click on “Buy ONT”. Your plan will be filled when a Vender trades their ONT for the price you submitted.

Step 5 – Withdraw Ontology (ONT)

Unless you are frequently trading, best advise is not to keep your coins on an Exchange for an longer period of time. To take off your Ontology (ONT), hover over the tab called “Funds” and mouse click on “Withdraw”. Ontology (ONT) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Ontology (ONT) by using the provided drop-down box. Put into the volumen of Ontology (ONT) you would like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

When you're happy, click “Submit”. You could be requested for verfication via email/phone ahead of a take off.

Binance Withdraw

Kudos! You have successfully purchased and safed Ontology (ONT).

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (depending on usage of the network). Once you have proved your take off with Etherscan.io or Ethplorer.io and the (ONT) Ontology is stored in your wallet, you are done.

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