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 ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Ontology (ONT) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

Make sure you've chosen the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Locate Ontology (ONT)

As soon as your deposit has been verified, you will instantly have access to your funds and you can launch invest and trading. To purchase Ontology (ONT) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to find Ontology (ONT), you'll need to insert the shortname of the coin (ONT) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we have highlighted this also. Click on “ONT/BTC” to progress.

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

As soon as you've spotted Ontology (ONT), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). Next we're creating our own Limit Order.

The field with the “Price” tag will be filled with the most latest price Ontology (ONT) was sold for. You can change this to your preferred price. The ”Amount” field is the volumen of ONT you wish to purchase. The ”Total” field is the whole price in BTC that you'll pay for the complete amount of ONT.

If you are satisfied, click on “Buy ONT”. Your plan will be filled as soon as a Seller trades their ONT for the price you introduced.

Step 5 – Withdraw Ontology (ONT)

Unless you are frequently trading, never keep your crypto coins on an Exchange for an extended time frame. To take off your Ontology (ONT), hover over the tab called “Funds” 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 given drop-down box. Put into the volumen of Ontology (ONT) you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address.

If you're satisfied, click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Binance Withdraw

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

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have proved your withdrawal with Ethplorer.io or Etherscan.io and the (ONT) Ontology is safe within your wallet, you're all done.

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