NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Is Sony The Next Crypto Bank? Tech Giant Applies For A National Charter In The US
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Is Sony The Next Crypto Bank? Tech Giant Applies For A National Charter In The US

Ontology Becomes First Project to Be Part of BiboxEurope’s Initiative to Provide Fiat Trading Capability to Quality Blockchain Projects

jessicasmith
jessicasmith
1 year ago
2 mins read
biboxeurope, ontology

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

BiboxEurope recently announced a new program to provide fiat trading capabilities for quality blockchain projects across the world. Now, the Swiss-based digital asset platform has selected the very first project in the form of Ontology to be listed under this initiative.

According to BiboxEurope announcement, the listing of Ontology’s token – ONT goes live today following which users on the platform can start trading it against EUR and CHF on October 31. The platform states that the initiative to offer fiat trading capabilities to deserving blockchain projects was designed to help them overcome the challenge of finding an exchange that can support crypto-fiat trading as most of the currently available options are crypto-crypto platforms that are willing to list them. By doing so, BiboxEurope is making these tokens accessible to almost everyone, especially in the European market.

Ontology is one of the several applications BiboxEurope had received soon after fiat trading for crypto projects announcement on October 17. And, the project emerged on top following a review of all the applications by the BiboxEurope team to become the first-ever project token to be listed on the platform.

To give a background on ONT, it is one of the tokens belonging to the Ontology Network which implements a dual token model. ONT allows its users to stake in consensus and participate in the network’s governance functions. On the other hand, its sibling ONG serves as a utility token that can be used to avail on-chain services on the network. The underlying network itself is a high performance distributed public blockchain supporting multi-chain and multi-system integration. The Ontology platform is said to support multi-layer, sharding and multi-VM public blockchain services that can be readily customized using component technology for added privacy and efficiency in cross-communication. Among the things that make Ontology worth listing on BiboxEurope includes the fact that it is one of the top 3 decentralized identity and privacy protection systems in the world with its own decentralized identity framework, ONT ID. The platform recently released its Sharding TestNet and Cross-chain TestNet for interaction between BTC and ETH chains.

BiboxEurope has a dedicated event page to kickstart its fiat listing program for blockchain projects with 18,000 ONT giveaway. The event time starts from October 30, 8 AM to November 15, 8 AM (London time).

The landing page for the event is accessible at – https://bibox.cc/ont

On top of the listing, Ontology will partner with Bibox, an Estonia-based crypto exchange, to launch a debit card that will work on Visa/MasterCard and UnionPay networks across the globe. Once launched, the debit card will become the first-ever card to be launched in the blockchain industry to work on the UnionPay network. The debit card is expected to play an important role in promoting the use of digital assets among users by making it easier for them to conduct transactions using it. The cardholders will also be eligible to avail exclusive benefits like discounts on hotel bookings, international brands, high-net-worth membership cards, etc.

While there is still some time left for people to start trading ONT against fiat, those who are in a hurry to explore new token listings on BiboxEurope will soon be able to do so with BIX tokens which are expected to be available soon for fiat trading on the platform.

 

 

Tweet123Share260ShareSend
jessicasmith
jessicasmith

jessicasmith

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Elon Musk

Elon Musk Ends His Bitcoin Silence With A Surprising Comment

Elon Musk’s one-word reply on X has put Bitcoin back in the headlines, even if the comment was brief. His...

Christian Encila 2 hours ago
Dogecoin price news

Dogecoin Now Poised For Its Biggest Run In 2025, Analyst Predicts

The Dogecoin weekly chart structure may be setting up for a classic Elliott Wave “third wave” advance, according to trader...

Jake Simmons 3 hours ago
BNB, 2,000달러 도전… 텔레그램 봇 ‘스노터(SNORT)’ 프리세일 탄력

BNB, 2,000달러 도전… 텔레그램 봇 ‘스노터(SNORT)’ 프리세일 탄력

핵심 요약 암호화폐 분석가, 금·XRP와 유사한 차트 패턴 근거로 BNB 2,000달러 전망 제시해 2025년 $BNB 채택 급증…CEA 인더스트리·원드트리 테라퓨틱스·나노랩스 등...

Soyeon Lee 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum

Ethereum High Timeframe Open Interest Breakdown Confirms Market Reset Phase — What This Means

Godspower Owie 30 minutes ago
ethereum eth

Fidelity Buys $154.6M in Ethereum as Analysts Predict Move Toward New Highs Despite Outflows

James Halver 1 hour ago
mid-october-market-rebound-whales-position-3-potential-100x-altcoins-tw

10月中市場回暖前下注焦點:崩盤後的巨鯨布局3大百倍山寨幣

Peter Chow 2 hours ago

Premium Sponsors

Press Releases

  • ChatGPT-5 predpovedá, že táto minca z teba môže urobiť milionára

    ChatGPT-5 predpovedá, že táto minca z teba môže...

    11 hours ago
  • ChatGPT-5 szerint ez az érme milliomost csinálhat belőled

    ChatGPT-5 szerint ez az érme milliomost csinálhat...

    11 hours ago
  • ChatGPT-5 předpovídá, že tato mince z vás může...

    11 hours ago
  • ChatGPT-5 przewiduje, że ta moneta może uczynić Cię milionerem

    ChatGPT-5 przewiduje, że ta moneta może uczynić Cię...

    12 hours ago
  • Why Meme Coins are the Best Bets in Q4

    Meme coin tiềm năng nên mua để đạt lợi nhuận...

    13 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.