By Solomon Odunayo
The United States’ version of Binance exchange, Binance.US has recently announced the scheduled listing of Ontology (ONT) on its trading platform.
This was announced moments ago by the exchange via its official website. According to the report, Binance.US will open trading for ONT/USD and ONT/USDT trading pairs on 13th February 2020 at 9:00pm (EST) / 6:00pm (PST).
Binance.US implored its users to start depositing USD, USDT, or ONT tokens in preparation for the trading.
The exchange also brought it to the notice of the users that Ontology (ONT) tokens are temporarily available for deposits, stating that users won’t be able to withdraw funds until trading goes live.
The exchange shared this, “Binance.US Will List Ontology (ONT) Deposits are now open! Trading will go live at 9 PM ET today!”
https://t.co/AZwoBOgsqS Will List @OntologyNetwork $ONT
Deposits are now open! Trading will go live at 9PM ET today!https://t.co/8w2cg8NeM0 pic.twitter.com/JM76Gb5AGa
— Binance.US 🇺🇸 (@BinanceUS) February 13, 2020
Binance.US furthered that users need to pass fiat verification to trade with USD.
Precaution and Further Instruction for the Users
Binance.US instructed the users to set up any of the three USD payment methods made available if they are willing to deposit USD before trading begins.
The exchange then warned its users to take note of the risks that abound in trading and holding cryptocurrencies, due to high volatility and unpredictability of the price of digital currencies in the market, which may result in a notable loss of funds. Users are hereby advised to trade responsibly.