OKEx announces withdrawal suspension of Ontology token (ONT), MainNet swap in progress

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July 5, 2018 by
OKEx announces withdrawal suspension of Ontology token (ONT), MainNet swap in progress

OKEx introduced that after the MainNet swap of Ontology Token (ONT) which is arranged for July 4, symbols of the individuals will be instantly transferred to the brand-new MainNet.

The digital possession exchange was founded in 2014 by OKCoin CEO Star Xu. The exchange claims to give “numerous token and futures trading sets to assist traders maximize their strategy” as well as to have actually “gained countless bucks’ well worth of investments from leading ventures”. Its head office remains in Hong Kong.

See also: Ontology (ONT) MainNet launch goes live, understand even more regarding it

OKEx notified that ONT withdrawal is currently suspended. The suspension time of the deposition of ONT will certainly be notified later on. The resumption time will certainly likewise be revealed later. OKEx alerted the users that trading electronic assets entail substantial danger and also it could result in loss of spent resources.

They additionally discussed that individuals ought to completely comprehend the risk included. It is necessary to consider the level of experience, investment objectives and look for independent economic guidance if needed. Ontology MainNet obtained released on June 30, 2018. The Network tweeted: “Ontology 1.0 is currently live. Thanks for visiting the new world”.

See likewise: OKEX: Cybersecurity Firm has discovered a technicality in UDST down payment

Ontology’s two-token model

The blockchain is understood for its two-token model. The design was begun for taking care of a double token system. The said tokens can be made use of for trading, keeping network, sending out and completing digital contracts. Among the symbols (ONT) is particularly developed for administration, whereas the various other one (ONG) is an utility token. The ONT owners can additionally utilize it for electing on the crypto exchange platform.

Ontology (ONT) Market Efficiency

The MainNet pre-launch occasion took place on June 26 where along with its companions, it reviewed the main use-cases of it in the real world. ONT saw a remarkable surge of 13.47% in its price, a day prior to the occasion. Currently, ONT is trading at $5.13, with a market cap of $775. In the last 24 hours, the cost surged up by 1.81%.

OKEx introduced that after the MainNet swap of Ontology Token (ONT) which is arranged for July 4, symbols of the individuals will be instantly transferred to the brand-new MainNet.

The digital possession exchange was founded in 2014 by OKCoin CEO Star Xu. The exchange claims to give “numerous token and futures trading sets to assist traders maximize their strategy” as well as to have actually “gained countless bucks’ well worth of investments from leading ventures”. Its head office remains in Hong Kong.

See also: Ontology (ONT) MainNet launch goes live, understand even more regarding it

OKEx notified that ONT withdrawal is currently suspended. The suspension time of the deposition of ONT will certainly be notified later on. The resumption time will certainly likewise be revealed later. OKEx alerted the users that trading electronic assets entail substantial danger and also it could result in loss of spent resources.

They additionally discussed that individuals ought to completely comprehend the risk included. It is necessary to consider the level of experience, investment objectives and look for independent economic guidance if needed. Ontology MainNet obtained released on June 30, 2018. The Network tweeted: “Ontology 1.0 is currently live. Thanks for visiting the new world”.

See likewise: OKEX: Cybersecurity Firm has discovered a technicality in UDST down payment

Ontology’s two-token model

The blockchain is understood for its two-token model. The design was begun for taking care of a double token system. The said tokens can be made use of for trading, keeping network, sending out and completing digital contracts. Among the symbols (ONT) is particularly developed for administration, whereas the various other one (ONG) is an utility token. The ONT owners can additionally utilize it for electing on the crypto exchange platform.

Ontology (ONT) Market Efficiency

The MainNet pre-launch occasion took place on June 26 where along with its companions, it reviewed the main use-cases of it in the real world. ONT saw a remarkable surge of 13.47% in its price, a day prior to the occasion. Currently, ONT is trading at $5.13, with a market cap of $775. In the last 24 hours, the cost surged up by 1.81%.

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