Cryptocurrency

Ontology Network Completes Two Years; Lists ONT on ProBit Exchange

Designed as an advanced, innovative, and high-performing public blockchain network, Ontology is on cloud nine as it has completed a successful two-years span of ONT’s first listing on the exchange network on March 8, 2020, and is all set to celebrate its 2nd anniversary with zeal. The news was circulated in the crypto community and with the global customer base through an official Twitter post on the Ontology Network social media handle.

The Twitter post read:

According to the official release, to celebrate the milestone achievement, the Ontology Network will list its native ONT token and ONG token on the world-class crypto trading exchange platform, ProBit. With an intention to allow the customers earn lucrative rewards, the platform will roll out a trading competition for ONT and ONG tokens in KRW and USDT pairs. The exchange customers will soon be able to enjoy trading in four new trading pairs, namely:

  • ONT/USDT
  • ONT/KRW
  • ONG/USDT
  • ONG/KRW

The exchange will start accepting the deposits for the newly added virtual currencies from March 6, 2020, at 15:00 KST, while the trading will be initiated at 15:00 KST on March 7, 2020.

Working as a leading distributed collaboration platform, Ontology Networks hails from the Asian region and, in a short span of time, has evolved as a strong player in the blockchain industry. The revolutionary infrastructural excellence of the blockchain network supports efficient cross-chain collaboration, layer-2 scalability, a suite of decentralized identity, data sharing protocols, which help to improve the speed, security, and trust of the solution. The core ecosystem of the Ontology network plays a crucial role in allowing businesses to work in cooperation with other entities on the block.

In February, Ontology announced the news about the integration of its Triones Node infrastructure with the Bison Trails platform, a Libra Association member firm. The partnership will help businesses working on the Ontology blockchain to launch nodes seamlessly without compromising technical standards or service modules. Bison Trails is a leading infrastructure as a service platform centered around blockchain usage. Also, with India giving a positive nod to crypto entry in the country, ONT announced the kickstart of the trading of ONT on Bitbns and CoinDCX trading platforms. ONT was tradable against INR fiat pairs.

Recently, Gloria Wu, the Global Ecosystem Partnerships chief of Ontology, graced the stage of the Crypto Assets Conference as a keynote speaker. She shared her innovative ideas on an array of topics, including Learning from failed DApps and Viable Models for Blockchain empowered data economy. The firm is strengthening its network capabilities by laying tireless efforts for the achievement of its objective.

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David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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