How to buy Ontology (ONT) in the UK

A beginner's guide to buying and selling ONT in the UK.

Ontology
ONT- USD
POLKADOT-ECOSYSTEM
$0.96
+ $0.0005 ( + 0.06%)

How to buy Ontology

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Ontology.

  1. Open an account on an exchange that supports ONT.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Ontology.
  3. Buy Ontology.
    Complete your Ontology purchase and then find the best wallet to store ONT.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Ontology?

Ontology is a trust network designed to be operated across multiple blockchains, providing identity verification and reputation management systems to suit a diverse range of industries. Launched in 2017 by Chinese company Onchain, Ontology will operate a dual-token structure – the utility token of the network is ONT and holding this token will allow users to generate Ontology Gas (ONG).

Ontology (ONT) is in the top 1,000 cryptocurrencies in the world by market cap, valued at $833,921,249. The current price of Ontology is $0.957543, which is 0.145% higher than yesterday. Prices have ranged between $0.967308 and $0.913037 over the past 24 hours. All prices are listed in US dollars and accurate as of October 16, 2021 05:10 UTC.

Where to buy Ontology

Find an exchange to buy, sell and trade ONT by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Kriptomat Cryptocurrency Exchange
Credit card, Neteller, SOFORT, Skrill, SEPA
EUR

198
cryptocurrencies

Finder Exclusive: Sign up with code FINDER15 and get EUR 15 when you spend over EUR 100 each month. T&Cs apply.
Buy a large selection of cryptocurrencies instantly via credit card or bank account after registering. Store your crypto conveniently in Kriptomat's multi-currency wallet.
BC Bitcoin Cryptocurrency Broker
Credit card, Debit card, Faster Payments (FPS), BACS, Instant SEPA
GBP, EUR

122
cryptocurrencies

BC Bitcoin is a UK-based cryptocurrency brokerage that buys and sells more than 100 different cryptocurrencies.
CEX.IO Cryptocurrency Exchange
Bank transfer (ACH), Credit card, Bank transfer (SEPA), Faster Payments Service, Skrill
USD, EUR, GBP, RUB

22
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.
Use your USD, EUR or RUB to buy and sell cryptocurrency at competitive exchange rates and with high maximums for verified accounts.
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Compare up to 4 providers

Is it a good time to buy Ontology?

The technical analysis gauge for Ontology displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of Ontology based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of Ontology: moving averages, oscillators and pivots. Finder is not responsible for how ONT performs.


Ontology at a glance

Information last updated October 16, 2021 05:10 UTC.
Coin symbol ONT
Coin Marketcap US$833,921,249
Total ONT supply 1,000,000,000
Circulating ONT 875,249,524
Current price US$0.957543
All time high US$10.92
Notable team members Li Jun
Partnerships Google Cloud, Daimler Mobility, Litentry, Chainlink, Blocery
Industry ID and data blockchain platform
Token uses Governance, staking
Network Ontology

Ontology price performance over time

Historical prices compared with the price of US$0.957543.

1 hour -0.10%
24 hours 0.15%
7 days -13.70%
14 days 13.03%
30 days -8.24%
60 days -11.77%
200 days -42.98%
1 year 70.51%

How to sell Ontology

You can cash out your ONT with the same exchange you bought it through:

  1. Sign in to the exchange you have ONT on.
    If you store your Ontology in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of ONT you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Ontology.

What to consider when buying Ontology

Cryptocurrencies are volatile and highly complicated, so there are a number of factors you’ll need to consider before buying any crypto coins or tokens. If you’re thinking of purchasing any ONT, make sure to take the following factors into account first:
  • Dual tokens. Ontology will use a dual token structure. ONT is currently a NEP-5 token and does not release ONG (Ontology Gas), which will be used to power transactions. However, after the launch of Ontology’s mainnet, users will be able to exchange NEP-5 ONT for ONT on the mainnet, which will also start to release ONG tokens periodically.
  • NEO/Onchain/Ontology relationship. Ontology is built on the NEO blockchain and its tokens were airdropped to NEO holders. This close relationship between NEO and Ontology reflects the fact that Onchain, Ontology’s parent company, has close links with the NEO project. However, NEO and Onchain are separate entities.
  • Availability. As ONT tokens are still only available on a limited range of exchanges, it’s worth considering whether this current lack of widespread accessibility may have any effect on the level of demand for the tokens.
  • Competition. Finally, remember to consider how Ontology stacks up against other similar identity verification projects, for example Civic (CVC), before deciding whether to buy any tokens.

Disclaimer: Cryptocurrencies, including Ontology, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of ONT is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Ontology or any other cryptocurrency discussed.


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