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How to buy Ontology (ONT) in the UK

Learn how to buy Ontology (ONT) on 3+ crypto exchanges in our step-by-step guide.

Ontology (ONT) is in the top 1,000 cryptocurrencies by market cap, valued at US$194,696,887.

Ontology is a highly volatile asset capable of major price swings in a single day. Today ONT is trading for $0.220049 USD, which is higher than yesterday's trading price of $0.2125998212 USD. Over the past year, Ontology's price has seen a decrease of -25%.

So before you buy Ontology, make sure you understand these unique risks as well as its legal and tax status here in the UK.

If you're ready to get started, read on for step-by-step instructions on how you can buy Ontology.

How to buy Ontology in 4 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Ontology is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit GBP using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Ontology
    You can now exchange your funds for Ontology. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Ontology to your personal wallet.
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Where to buy Ontology in the UK

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 exchange.

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.
1 - 3 of 3
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Uphold - Digital Asset Platform
Uphold - Digital Asset Platform
Bank transfer (ACH), Debit card, Apple Pay, Google Pay
USD, GBP, AUD, EUR, CAD, CNY, JPY, SGD, INR, NZD

214
cryptocurrencies

Go to site
View details
Kriptomat Cryptocurrency Exchange
EXCLUSIVE
Kriptomat Cryptocurrency Exchange
Credit card, Neteller, SOFORT, Skrill, SEPA
EUR, USD, GBP, BGN, HRK, CZK, HUF, PLN, SEK, TRY

347
cryptocurrencies

Sign up with code FINDER15 and get EUR 15 in BTC the first time you spend over EUR 100. T&Cs apply.
Go to site
View details
CEX.IO Cryptocurrency Exchange
4.5★★★★★(16)
CEX.IO Cryptocurrency Exchange
Bank transfer (ACH), Credit card, Bank transfer (SEPA), Faster Payments Service, Skrill
USD, EUR, GBP, RUB

144
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.
Go to site
View details
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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How we keep this Ontology guide up-to-date

  • ONT price data is regularly updated through data feeds so you always have the latest information.
  • Ontology performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.

How do I find the best places to buy Ontology?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the UK to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Ontology?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Ontology.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing ONT with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What is the easiest way to buy Ontology?

The easiest way to buy ONT is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying ONT, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Ontology has been performing recently.

Best Ontology wallets to store your ONT

You can keep your ONT on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your ONT below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Is Ontology a good investment?

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.

Today's Ontology price versus ATH

Compare today's price of Ontology ($0.220049 USD) against its all-time-high price of $10.92 USD on 03 May 2018. The closer the bar is to 100%, the closer ONT is to reaching its ATH again.

Ontology's price: $0.220049
ATH date: May 03, 2018
2.02%

Ontology ATH: $10.92


How to trade, convert or sell Ontology

You can convert or sell your ONT with the same exchange you bought it through:
  1. Sign in to the exchange you have ONT on.
  2. If you store your Ontology in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of ONT you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Ontology.
  6. Complete your transaction and move your ONT to a wallet for storage.
  1. Data by CoinGecko

* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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