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 Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Ontology (ONT) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate Ontology (ONT)

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

In order to discover Ontology (ONT), you'll need to insert the shortname of the coin (ONT) into the search-box, which is marked in the graphic. Make sure you have selected the correct pairing, we've marked this also. Click on “ONT/BTC” to advance.

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

After you've spotted Ontology (ONT), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we're making our own Limit Order.

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

When you're happy, make a mouse click on “Buy ONT”. Your order will be filled when a Seller trades their ONT for the price you submitted.

Step 5 – Withdraw Ontology (ONT)

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

Locate Ontology (ONT) by using the provided drop-down box. Drop in the volumen of Ontology (ONT) you would wish to take off. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address.

If you are glad, click on “Submit”. You may be requested for email/phone verification before a take off.

Binance Withdraw

Congrats! You have successfully bought and safed Ontology (ONT).

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your take off using Etherscan.io or Ethplorer.io and the (ONT) Ontology is safe inside your wallet, you're finished.

Some other Guides on How to buy Coins

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