How to Purchase Bitcoin (BTC) using Ontology (ONT)

To buy Bitcoin using Ontology, first, find a cryptocurrency exchange that supports the BTC/ONT trading pair, such as Binance, Bitmart, Kucoin or MEXC Global. Create an account, verify your identity, and deposit your ONT into your exchange wallet. Locate the BTC/ONT pair on the trading platform and place an order to exchange your Ontology for Bitcoin. If the BTC/ONT pair is unavailable, you can first exchange Ontology for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bitcoin. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction. In Germany, it’s also important to consider the tax implications of your trades, as capital gains tax may apply to your profits from cryptocurrency transactions.