You Can Now Trade the Ontology Project Tokens at EXMO

EXMO yesterday announced they will be the listing both Ontology Project tokens Ontology (ONT) and Ontology Gas (ONG) on their platform.

Ontology is a project that aims to use distributed ledgers and systems based on smart contracts as a means to help companies and corporations by improving and implementing their trust mechanisms. In a nutshell, it is described by EXMO as opening “the door for the global implementation of blockchain technology to business”. To function, the project uses two tokens, Ontology (ONT), which is used to vote on system management issues, and Ontology Gas, which is used to pay for smart contracts. Both of which are now available at EXMO.

The listing was formalised yesterday when deposits and withdrawals were opened but full trading of will not go live until tomorrow, 7th February. When this happens users will first be able to trade the project’s tokens with their native token, the EXMO Coin, with ONG/EXM, ONТ/EXM trading going live Following this at the start of next week, 10th February, many more trading pairs will be listed. These include ONG/BTC, ONG/RUB, ONG/UAH, ONT/BTC, ONT/RUB and ONT/UAH. As such, this is when the full listing of the Ontology Project and implementation of trading will go live.

This double whammy listing is the first for EXMO this year with their last one coming in the form of CryptoOcean back in December. However, after a busy year last year, you can expect them to carry on this form and offer plenty more going forward.