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Hong Kong based exchange Crypto.com lists Ontology’s ONT token

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Hong Kong based exchange Crypto.com lists Ontology's ONT token
Source: Pixabay

Crypto.com, a Hong Kong based cryptocurrency exchange announced the listing of Ontology’s ONT token to its wallet and card application.

The exchange claims that the listing of ONT tokens would be the 20th token to be added to the platform,including cryptocurrencies and stablecoins like BTC, ether, LTC, XRP, TrueUSD(TUSD),PAXOS(PAX) and the exchange’s own tokens MCO AND CRO.

According to the exchange, users will not be charged while buying ONT,with both bank transfer and credit card, once added to the wallet and card app. The exchange also offers, the MCO Visa card, which adds utility to ONT allowing users to easily convert cryptocurrencies into fiat currencies. 

Kris Marszalek, Co-Founder and CEO of Crypto.com commented on the latest collaboration. He stated,

“We’re excited to welcome Ontology and the ONT community to the Crypto.com platform. We look forward to working together in driving global adoption of cryptocurrency.”

Ontology was founded back in 2017, by Chinese corporation Onchain to eliminate the barriers between commerce and blockchain. The company supports several programming languages for the development of decentralized applications and encourages public blockchain.

The founder of Ontology,Jun Li also expressed his excitement regarding the partnership.He said, 

“The partnership is a win-win for both sides. Crypto.com is a pioneering payments and cryptocurrency platform, and the listing of ONT on its platform will definitely help us achieve wider business adoption. We very much look forward to working closely with Crypto.com.”

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Chayanika is a full-time cryptocurrency journalist at AMBCrypto. A graduate in Political Science and Journalism, her writing is centered around regulation and policy-making regarding the cryptocurrency sector.