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Exchange Ontology (ONT)

If you're looking to swap Ontology, SwapSpace is your one-stop shop. We have some light reading for you — in case you'd like a refresher on what is Ontology, or some fresh information about ONT’s price movements. And, of course, we provide you with multiple Ontology exchange options so that you can choose the offer with the best rates and lowest Ontology fees, as well as other parameters that suit you.

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Ontology Price Stats

To help you make a decision about exchanging your Ontology, we gathered some cold hard numbers: Ontology price chart and other stats, such as Ontology market cap.

ONT 24H HIGH

ONT 24H HIGH $0.20687924659227

ONT MARKET CAP

ONT MARKET CAP $202,222,176.75

ONT CIRCULATING SUPPLY

ONT CIRCULATING SUPPLY 1,000,000,000 ONT

ONT 24H LOW

ONT 24H LOW $0.19869465230365

ONT PRICE

ONT PRICE $0.20222217674977

ONT 24H VOLUME

ONT 24H VOLUME $896,195.959

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Ontology Price Chart

Here you can see the current price of Ontology, as well as Ontology price history.

What is Ontology?

Ontology is more than just another cryptocurrency; it's a comprehensive blockchain project designed to enable businesses to implement blockchain technology without the need for prior knowledge of complex coding. Founded by a team of blockchain experts including Jun Li and Da HongFei, Ontology officially launched its mainnet on June 30, 2018. The project stands out for its unique features tailored towards bridging the gap between traditional businesses and the blockchain world.

Key Features of Ontology:

  • Multi-Layered Architecture: Ontology's architecture comprises multiple layers, including a consensus layer, a smart contract layer, and an application layer. This multi-layered approach allows for greater flexibility and scalability.
  • Trust Framework: Ontology provides a trust framework that allows businesses to verify the identity of participants on the network, enabling secure transactions and interactions.
  • Interoperability: One of Ontology's primary goals is to facilitate interoperability between different blockchains and legacy systems, making it easier for businesses to adopt blockchain technology.
  • Decentralized Identity: Ontology offers decentralized identity solutions, allowing users to maintain control over their personal information while still participating in online transactions and activities.

Ontology Use Cases:

  • Supply Chain Management: Ontology's trust framework and decentralized identity solutions are particularly well-suited for supply chain management, where transparency and traceability are essential.
  • Identity Verification: Ontology's decentralized identity solutions can be used for identity verification in various industries, including finance, healthcare, and government.
  • Data Management: Ontology provides tools for secure and efficient data management, making it easier for businesses to store, access, and share data on the blockchain.

Security Maintenance, Upgrades, and Forks:

Ontology maintains its security through a combination of consensus mechanisms, including a Byzantine Fault Tolerance (BFT) consensus algorithm. The project regularly undergoes upgrades to improve functionality and security, with the development team actively addressing any potential vulnerabilities or issues. There have been no major forks in the Ontology blockchain to date.

Recent Ontology Developments:

  1. In August 2023, Ontology announced a partnership with a leading logistics company to implement blockchain technology in its supply chain operations.
  2. September 2023 saw the release of Ontology's decentralized identity protocol, enabling users to create and manage their digital identities securely.
  3. In December 2023, Ontology launched its decentralized finance (DeFi) platform, allowing users to access a range of financial services on the blockchain.
  4. In February 2024, Ontology introduced a new consensus mechanism aimed at improving scalability and performance on the network.
  5. Most recently, in April 2024, Ontology announced plans to expand its ecosystem by collaborating with several prominent blockchain projects.

Ontology Coin (ONT):

ONT is the native cryptocurrency of the Ontology blockchain. It serves multiple purposes within the ecosystem, including payment for transaction fees, participation in governance, and incentivizing network participation. ONT operates on its own blockchain network and has a total maximum supply of 1 billion tokens.

Average Ontology Network Fees:

The average gas fee on the Ontology Network is approximately 0.01 ONT per transaction, equivalent to approximately $0.0025 USD based on current market prices. These fees are subject to change based on network congestion and transaction complexity.

ONT Token Wallets:

  1. OWallet: Developed by Ontology, OWallet is the official wallet for storing ONT and other tokens on the Ontology blockchain.
  2. Ledger Nano S: A hardware wallet that supports ONT and provides secure offline storage for cryptocurrencies.
  3. Exodus: A multi-currency wallet that supports ONT along with a wide range of other cryptocurrencies.
  4. Guarda Wallet: A non-custodial wallet that allows users to store, send, and receive ONT securely.
  5. Atomic Wallet: Another multi-currency wallet that supports ONT and offers built-in exchange features for easy swapping of cryptocurrencies.


Ready to swap Ontology? Visit SwapSpace to exchange ONT for your favorite cryptocurrencies quickly and securely. With a user-friendly interface and competitive rates, SwapSpace makes swapping ONT hassle-free. Experience seamless crypto exchanges today!

A Simple Way To Exchange Ontology Here At SwapSpace

Step 1
Step 1

Choose a pair

Choose the cryptocurrencies you would like to exchange among more than 2650 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.

Step 2
Step 2

Select the best rate

You choose the rate – we do the magic! Pick up the exchange service by the rate which meets your requirements. Make sure you are okay with the selected service network fee and privacy policy: some of them require you to pass the AML/KYC procedure.

Step 3
Step 3

Transfer funds

Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!

Step 4
Step 4

Receive your coins

You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: support@swapspace.co.

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