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Crypto exchange Binance supports Ontology (ONT) Mainnet Swap and adds ONT/USDT trading pair

Ontology (ONT) is a new generation public blockchain project and a distributed trust collaboration platform.

Ontology uses a dual token (ONT and ONG) model. At first, ONT is an NEP-5 token and does not release ONG. After the launch of Ontology’s MainNet, users will be able to exchange NEP-5 ONT for ONT on the Ontology MainNet, which will start to release ONG periodically.

Ontology’s MainNet will go live at the end of June, 2018. After the release, all NEP-5 ONT must complete mapping to migrate to the Ontology MainNet.

Today a cryptocurrency exchange Binance confirmed that it will support the ONT Mainnet Token Swap. The exchange will handle all technical requirements involved for all users holding ONT.

Binance will also distribute the corresponding ONG on a monthly basis to all ONT holders.

Binance will also open trading for ONT/USDT trading pair at 7:00 AM (UTC) on June 8, 2018.