A Step-by-Step-Guide on how to buy Ontology (ONT)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and to get Ethereum or Bitcoin.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Ontology (ONT) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you have selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find (ONT) Ontology As soon as your deposit has been approved, you'll now have access to your finances and you can start purchasing and trading. To purchase (ONT) Ontology on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. To find (ONT) Ontology, you'll need to put the cointype (ONT) into the search box, which is marked in the picture. Be certain of having choosen the right pairing, we have marked this also. Click on “ONT/BTC” to proceed.
Step 4 – Buying (ONT) Ontology As soon as you've spotted (ONT) Ontology, you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we're going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the latest rate (ONT) Ontology was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of ONT you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete volumen of ONT. If you are satisfied, click on “Buy ONT”. Your plan will be filled as soon as a Seller sells their ONT for the price you introduced.
Step 5 – Withdraw Ontology (ONT) Unless you are frequently trading, never keep your coins on an Crypto Exchange for an extensive time period. In order to withdraw your Ontology (ONT), go to the tab called “Funds” and mouse click on “Withdraw”. Ontology (ONT) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Ontology (ONT) by using the given drop-down box. Enter the quantity of Ontology (ONT) you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address. When you are happy, click “Submit”. You could be asked for verfication via email/phone before a withdrawal.