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 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Ontology (ONT) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

Make sure you've selected the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Find Ontology (ONT)

Once your deposit has been confirmed, you will immediately have access to your finances and you can start invest and trading. To buy Ontology (ONT) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”.

To discover Ontology (ONT), you'll need to put the shortname of the coin (ONT) into the search box, which is highlighted in the graphic. Be certain of having choosen the correct grouping, we have highlighted this also. Click on “ONT/BTC” to continue.

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

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

The field with the “Price” tag will be automatically filled with the most latest tariff Ontology (ONT) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of ONT you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole amount of ONT.

If you are satisfied, make a mouse click on “Buy ONT”. Your order will be filled as soon as a Vender sells their ONT for the price you gave.

Step 5 – Withdraw Ontology (ONT)

Unless you are regularly trading, you should never keepyour coins on an Crypto Trader for an extensive period of time. In order to take off your Ontology (ONT), hover over the tab called “Funds” and click on “Withdraw”. Ontology (ONT) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Ontology (ONT) by using the given drop-down box. Drop in the amount of Ontology (ONT) you would like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

When you're happy, click on “Submit”. You could be asked for email/phone verification ahead of a take off.

Binance Withdraw

Congratulations! You've successfully bought and stored Ontology (ONT).

That's it!

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