Binance US, the US branch of Binance, the world's largest cryptocurrency exchange, announced in a statement that they have listed Ontology Gas (ONG).
“We are excited to announce that Ontology Gas (ONG) is listed on Binance.US.
Deposits for ONG are now live.
Trading on the ONG/USDT Advanced Trading pair will begin on November 8, 2023 at 1:00 AM PDT / 4:00 AM EDT. “
What is Ontology Gas (ONG)?
Ontology is a layer 2 blockchain that aims to provide trust infrastructure for users and businesses to access and collaborate in the Web3 world. Ontology uses a dual-token model to perform fast, scalable and low-cost transactions.
Ontology Gas (ONG) is used to pay transaction fees on the Ontology network, while Ontology (ONT) acts as a transfer of value.
Following the news, the ONG price rose approximately 6%. ONG continues to be traded at $0.3706 at the time of writing.
*This is not investment advice.