Quick summary: Our recommendation is to use the crypto exchange Swyftx to buy Ontology. They have over 300 cryptocurrencies available, have a fantastic app and great customer support. You also get $20 free BTC once you start trading!
Australia has a good number of popular and regulated cryptocurrency exchanges, so it’s quite easy finding an exchange that has Ontology. While each one comes with its own feature-set and fee structure, most crypto exchanges function very similarly when it comes to buying crypto.
Let’s get into it!
How to Buy Ontology in Australia
There are only 4 main steps involved and it’s pretty straightforward:
1. Choose a crypto exchange
As mentioned above, we have plenty of options when it comes to Australian crypto exchanges. While that’s great, you ideally want to do a bit of research so you can use one that has a decent fee structure and more importantly, has Ontology in its list of cryptocurrencies.
Personally, we really like Swyftx, they have over 300 cryptocurrencies, a very smooth process for buying crypto, and their support team has been fantastic.
And if you sign up through our site, you’ll get 20$ worth of free BTC once you start trading, which is always nice.
So for this guide on buying Ontology, we’ll be using Swyftx as the exchange to go through. Any exchange would work of course, as long as they offer Ontology.
You can also take a look at our analysis of the best bitcoin exchanges if you’re interested in learning more about which ones we would recommend.
2. Sign up with the crypto exchange
Once you’ve decided on which exchange to use, it’s time to sign up.
Swyftx has a very streamlined sign-up process in place. The first step is to fill in the sign-up form.
Next up is to go through their basic verification process, called a KYC, which is required by law here in Australia. This should be very quick and easy.
Once done, it’s time for the next step.
3. Funding your account with AUD
To buy Ontology, you first need to transfer AUD to your Swyftx account using one of the many deposit methods available. From bank transfer to PayID, POLi pay and credit cards, plenty of options to choose from.
4. Buy Ontology
The final step is to go to their asset list, find Ontology, navigate to the buy section, and then trade your AUD for some ONT. Once you’ve bought Ontology, you can track how much you’ve gained or lost either in the app (they have a great app), or on desktop on the left-hand side under your cryptocurrency list.
Where to Buy Ontology (ONT)
|5/5||300+ cryptocurrencies||Visit Swyftx|
|4/5||200+ cryptocurrencies||Visit Coinspot|
|3/5||400+ cryptocurrencies||Visit Binance|
Disclaimer: Trading, investing, and dealing with digital and cryptocurrencies might involve a lot of risks. Their prices are volatile and performance is unpredictable. Their past performance is no guarantee of future performance.
Affiliate Disclosure: This site is supported by its users. We may receive commissions for purchases made through the links on our site. This does not impact our reviews, guides or comparisons.
How to Sell Ontology
If you’re thinking about selling Ontology, just follow the steps below.
- Sign in to the cryptocurrency exchange (like Swyftx).
- Click on Ontology in your list of cryptocurrencies, or find your trading account if you’re using an exchange with different accounts.
- FInd the sell section and sell Ontology for AUD, or trade it for another cryptocurrency.
Frequently Asked Questions
Is buying Ontology in Australia legal?
Yes, you can legally buy and trade cryptocurrencies in Australia. We do of course recommend only using crypto exchanges regulated by AUSTRAC.
How to buy Ontology with PayPal?
Unfortunately, most crypto exchanges in Australia don’t support PayPal. The only exchange that you could use is eToro, but their cryptocurrency list is quite limited so you might not find Ontology. Have a look on their site first, you might be lucky.
How to buy Ontology with a credit card or debit card?
Most top exchanges support buying crypto with a credit or debit card. We would recommend Swyftx to buy Ontology with your credit/debit card.
Ontology, a project that seeks to bring trust and privacy to Web3 through decentralized identity systems and data networks, is called Ontology. It is building the infrastructure to allow trusted access to Web3. This will enable individuals and businesses to be confident that their privacy and data are secure through digital identity solutions that conform with regulatory requirements.
The Ontology public Blockchain is quick and cost-effective. It was designed to provide Web3 decentralized identity solutions as well as data solutions. Its goal is to improve trust, transparency, and privacy. Both users and enterprises can create blockchain-based solutions that satisfy their needs while complying with regulatory regulations. Ontology's Ethereum Virtual machine (EVM), ensures that Ethereum can be used with Ontology. This is the first step in the creation of the Ontology Multi-Virtual Machine.
Ontology decided to forgo the ICO model during its launch and instead distributed its ONT cryptocurrency through a series community distributions.
This enabled both price discovery organically and a community of passion which allowed the project to avoid regulatory scrutiny.
Anyone who signed up for the Ontology newsletter received a 1,000 ONT airdrop in a very short period of time. Soon after being listed on major exchanges like Binance, this token quickly reached $10 in value.
Ontology's MainNet launched June 30, 2018, and has been running smoothly since then.
Ontology offers a variety of real-life applications. Businesses can create their own blockchains using the Ontology Blockchain. This allows enterprises and businesses to create customized blockchains that fit their needs.
Ontology's chain is committed to interoperability. Ontology EVM, WasmVM and WasmVM are supported by the network. This allows anyone to use Ontology without any barriers. This infrastructure is the basis for cross-chain Web3 construction.
Web3's infrastructure does not solve all the problems. It is crucial to offer a user experience. Ontology is able to make a significant contribution in this area. ONTO Wallet gives users cross-chain access, allowing them to have Web3 in their control. This can be combined with ONTID, which allows users to manage their data and ID. ONT Login makes it easy to register and manage passwords. Ontology has all the tools necessary to provide seamless access to the latest version of the Internet.