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 (BTC) or Ethereum (ETH) to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Ontology (ONT) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual)

Make sure you have chosen the right coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).

Step 3 – Find Ontology (ONT)

Once your deposit has been approved, you'll instantly have access to your assets and you can launch invest and trading. To buy Ontology (ONT) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to discover Ontology (ONT), you'll need to put the shortname of the coin (ONT) into the search-box, which is marked in the picture. Be certain of having choosen the correct pairing, we have marked 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 (Leftside of the picture). For now we're creating our own Limit Order.

The field with the “Price” tag will be filled with the most recent price Ontology (ONT) was traded for. You can change this to your preferred rate. The ”Amount” field is the amount of ONT you want to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the whole amount of ONT.

If you're glad, 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, never keep your crypto on an Crypto Exchange for an extended time period. To take off your Ontology (ONT), go to the tab called “Funds” and mouse click on “Withdraw”. Ontology (ONT) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Ontology (ONT) by using the provided drop-down box. Put into the amount 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 “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Binance Withdraw

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

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (ONT) Ontology is stored within your wallet, you are finished.

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