Buy Wrapped Ontology Token (BSC) (ONT2)
What is Binance-Peg Ontology?
Binance-Peg Ontology (ONT) is a token that represents the Ontology (ONT) coin on the Binance Smart Chain (BSC). This allows users to trade and utilise ONT within the Binance ecosystem, leveraging the benefits of the low-cost and high-speed BSC network.
How does Binance-Peg Ontology work?
Binance-Peg Ontology adheres to the BEP-20 token standard on the Binance Smart Chain. It uses a consensus mechanism called Proof of Staked Authority (PoSA), which combines elements of Proof of Stake (PoS) and Proof of Authority (PoA). Smart contracts for Binance-Peg Ontology are written in Solidity, ensuring interoperability with Ethereum's smart contract functionality. The pegged tokens are backed 1:1 by native ONT tokens held in a reserve managed by Binance.
What are the potential use cases for Binance-Peg Ontology?
- Decentralised Trading Services: Users can trade ONT on decentralised exchanges such as Pancakeswap, facilitating cross-chain trading while maintaining constant value with the original ONT token.
- DeFi Applications: Can be used in various DeFi projects on BSC, including lending, borrowing, and yield farming.
- Blockchain Games: Integration into blockchain-based games for secure and transparent in-game transactions.
- Supply Chain Management: Leveraging Ontology's decentralised protocols to enhance supply chain transparency and security.
- Identity Verification: Utilising Ontology's decentralised identity features for secure industry applications.
- Financial Services: Secure transactional capabilities for financial services.
- Healthcare: Application in healthcare for compliant and secure data management.
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Frequently Asked Questions (FAQs)
What is the current price of Wrapped Ontology Token (BSC) (ONT2)?
The Wrapped Ontology Token (BSC) price is $0.37162844 AUD, representing a -5.1% from the day prior.
Where is the best place to buy Wrapped Ontology Token (BSC) (ONT2) in Australia?
The best place to buy Wrapped Ontology Token (BSC) (ONT2) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Wrapped Ontology Token (BSC) (ONT2) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Wrapped Ontology Token (BSC) (ONT2)?
The trading volume of Wrapped Ontology Token (BSC) (ONT2) is $47.9M AUD in the last 24hrs, representing a -5.1% from the day prior.
How can I buy Wrapped Ontology Token (BSC) (ONT2)?
Wrapped Ontology Token (BSC) (ONT2) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Wrapped Ontology Token (BSC) (ONT2)?
The current market cap of Wrapped Ontology Token (BSC) (ONT2) is $322.3M AUD.
Can I convert Wrapped Ontology Token (BSC) (ONT2) to cash?
Yes - With Coinstash you can convert your Wrapped Ontology Token (BSC) (ONT2) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Wrapped Ontology Token (BSC) (ONT2) are there?
The current circulating supply of Wrapped Ontology Token (BSC) (ONT2) is 907.7M.
Is Coinstash a safe place to buy Wrapped Ontology Token (BSC) (ONT2) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Wrapped Ontology Token (BSC) (ONT2) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.