What is ontology cryptocurrency?

The time and financial commitment required for staking ONT, along with the operational expenses associated with running nodes, are considered essential inputs in maintaining the network's integrity and efficiency.

Ontology Coin (ONT) serves as a pivotal staking tool within the Ontology ecosystem. Its utilization in staking processes underscores its fundamental role in securing the network and validating transactions.

BTCC, a prominent cryptocurrency exchange based in the UK, offers a comprehensive suite of services to cater to the diverse needs of cryptocurrency enthusiasts and investors. Among its offerings are spot and futures trading, providing users with the flexibility to trade various cryptocurrencies, including ONT and ONG, in both traditional and derivative markets.

Complementing ONT's function, Ontology Gas (ONG) operates as a vital toll mechanism for on-chain applications. It acts as a medium of exchange, facilitating seamless transactions and interactions within the Ontology blockchain.

ONG's primary purpose is to anchor value within the ecosystem, ensuring stability and predictability for users and developers alike. Its integration into on-chain transactions underscores its importance in driving the adoption and growth of Ontology-based applications.