ONT

Overview of ONT

Ontology Token, also known as ONT, is a cryptocurrency that was founded in 2017 by Jun Li. Ontology operates as a high-performance public blockchain and distributed collaboration platform. Its unique infrastructure supports robust cross-chain collaboration and Layer 2 scalability, offering businesses the flexibility to design a blockchain that suits their needs. It uses a dual token (ONT and ONG) model. While ONT is the coin used for staking in consensus, ONG is the utility token used for on-chain services. The ONT token can be stored in various wallets, including OWallet and Ledger Nano S, and can be exchanged on platforms like Binance, Huobi, and OKEx.

Pros and Cons

ONT Price Prediction

Based on historical trends and technical analysis, Ontology (ONT) is projected to experience significant price fluctuations in the coming decades. By 2030, ONT is expected to trade between $0.001279 and $0.5922. In 2040, the price range is estimated to be between $0.01713 and $0.6510. By 2050, ONT could potentially reach a high of $1.15, with a low of $0.4608 and an average trading cost of $0.7534.

Exchanges to Buy ONT

Ontology Token or ONT can be bought on multiple exchanges. Here is a non-exhaustive list of exchanges where one can purchase ONT along with the supported currency pairs and token pairs:

1. Binance: Supports ONT trading pairs with Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and Binance Coin (BNB).

2. OKEx: Offers ONT trading pairs with BTC, ETH, USDT, and OKB (OKExs native token).

3. Huobi Global: Provides ONT trading pairs with BTC, ETH, and Huobi Token (HT).

4. Bitfinex: Supports ONT trading pairs with BTC, ETH, and US dollars (USD).

5. Kucoin: Provides ONT trading pairs with BTC, ETH, and USDT.

How to Store ONT？

Ontology Tokens (ONT) can be stored in a variety of wallets that support the Ontology network. Wallets can be broadly categorized into several types: hardware wallets, software wallets, mobile wallets, and online wallets.

Here's a list of wallets suitable for storing ONT:

Hardware wallets: These wallets represent the most secure way to store ONT or any cryptocurrency. They are physical devices designed to secure crypto offline when not in use. Ledger Nano S is a popular example of a hardware wallet that supports ONT.

Software Wallets: OWallet is the official desktop wallet developed by the Ontology team. This software wallet can be downloaded and installed on a computer. It supports standard wallet management, shared wallet management based on multi-signature technology, and ONT ID, a decentralized digital identity framework.