Cryptocurrency Q&A
How to get ong from ont?
How to get ong from ont?
charlotte_bailey_doctor
Fri Jul 26 2024
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7 answers
2063
Excuse me, could you please elaborate on the process of converting ONG tokens from ONT? I understand that ONG is a utility token on the Ontology blockchain, but I'm unsure of the specific steps involved in acquiring ONG from my existing ONT holdings. Could you guide me through the process, perhaps highlighting any potential challenges or considerations I should be aware of? Additionally, is there a specific platform or exchange that you recommend for this conversion?
7 answers
amelia_doe_explorer
Sun Jul 28 2024
Swapping ONT for ONG is a straightforward process that can be completed seamlessly on the ONTO platform. To begin, users need to launch the ONTO application and navigate to the "Assets" section, where they can view and manage their digital assets.
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Nicola
Sun Jul 28 2024
After entering the desired amount of ONT, users should tap on the "Swap now" button to confirm the transaction. This will initiate the swapping process, and the user's ONT will be converted into ONG according to the fixed swap ratio.
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EthereumEmpire
Sun Jul 28 2024
Once in the "Assets" section, users should locate ONT in the token list. ONT, the native token of the Ontology blockchain, is a key component of the Ontology ecosystem and can be swapped for ONG, the gas token used for transactions and smart contract execution.
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Sofia
Sun Jul 28 2024
To initiate the swapping process, users should tap on the swap icon located in the top right corner of the ONT token page. This will bring up a new interface where users can input the amount of ONT they wish to swap for ONG.
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Isabella
Sun Jul 28 2024
In the swapping interface, users are required to enter a 1-9 integral number in the field provided. This number represents the amount of ONT that will be swapped for ONG. It's important to note that the swap ratio is fixed and is determined by the Ontology blockchain protocol.
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