ONT Listed on Binance.US Trading against USD and Tether (USDT)

Ontology Gas | 02.17| 128

Binance.US will be the first marketplace to offer a fiat on-ramp for ONT in the U.S.

ONT/USD and ONT/USDT trading pairs listed on Binance.US

Since 8 am EST on February 13, Binance.US has opened deposits for customers, with active trading of ONT against USD and USDT to begin at 9 pm EST on the same day.

This means US-based traders can now trade ONT in USD and USDT trading pairs. This listing is the first to provide a fiat and stable coin on-ramp, in contrast with the crypto-to-crypto model offered by most exchanges.

In recent months, several international exchanges have pulled out of the U.S. market due to regulatory ambiguity — leaving American traders with a dwindling variety of platform and coin options. Noticing a need for a US-native exchange that understands the nuances of the American crypto landscape, and licensing the advanced trading technology of the world’s largest exchange, Binance.US is on a mission to help the US market catch up to its international peers. The ONT listing brings Binance.US’s token count to 29 — offering heavily vetted and legally compliant variety to US-based traders.

“We are honored and excited that ONT will be listed on a regulated US marketplace like Binance.US, and we welcome all Binance.US users to our community,” said Andy JI, Co-Founder of Ontology, “We hope that American users enjoy getting to know more about ONT and Ontology’s technologies, insight, and vision as we seek to make the world a better place using advanced blockchain technology solutions.”

“Binance.US is delighted to be the first regulated US marketplace to offer fiat and stable coin on-ramp for Ontology, one of Asia’s most exciting blockchain projects that are at the forefront of enterprise blockchain innovation. With over 800,000 wallet addresses and 2 million community contributors, Ontology has considerable market momentum, but only until now can US investors trade it for USD or USDT in a regulated way. As a company with global roots, Binance.US is committed to listing credible and regulated tokens from around the world, and we are excited to welcome Ontology as the 29th coin listed on our marketplace,” said Catherine Coley, CEO of Binance.US.

“It is a fantastic opportunity for ONT to be listed on Binance.US, and it will also be a great help for us to penetrate further into the US market. We always attach great significance to the cooperation with Binance, and have jointly launched dozens of global online AMA and campaigns before,” Andy JI said.

Recently Ontology is exploring several mainstream industries in the US market, collaborating with Bison Trail, MicroWorkers, KingdomTrust and so on. The cooperation details will be published on social media soon. On the tech side, Ontology and Chainlink are devoted to providing efficient Oracle tools for worldwide developers, and we just invested in bloXroute Labs to develop the BDN (the blockchain distribution network) solution and Layer 0 scalability.

As to the roadmap of Ontology in 2020, we will launch Aristotle soon in which the cross-chain (Adding Bitcoin, Ethereum and EVM compatible public chain interoperability), Layer 2, enhancement of ONT ID and data sharing protocol will still be our main focuses. More details will be released in the following months.

Ongoing Event

To celebrate the listing of the ONT/USD and ONT/USDT trading pairs, Binance.US invites all users to participate in an exciting ONT promotion. The promotion will run from February 13th at 9:00 PM (EST) to February 20th at 9:00 PM (EST).

Click here to participate and learn more about this event.

Find Ontology elsewhere

Ontology website / Ontology GitHub / ONTO website / OWallet (GitHub)

Telegram (English)Discord

Twitter / Reddit / FacebookLinkedIn

ONT Listed on Binance.US Trading against USD and Tether (USDT) was originally published in OntologyNetwork on Medium, where people are continuing the conversation by highlighting and responding to this story.

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