Step-by-Step Guide to Purchasing ONF
While BTCC doesn't currently support direct purchases of Oracle Finance Network (ONF), here's how you can acquire USDT (the benchmark trading currency) to exchange for ONF on other platforms:
Mobile App Method
- Download the BTCC app via App Store or Google Play
- Register and verify your account (KYC required)
- Select "Buy Crypto" and enter desired USDT amount
- Choose payment provider and complete transaction
Desktop Method
- Create an account on BTCC's website
- Click "Buy Crypto" in the menu
- Complete identity verification
- Specify USDT purchase amount and proceed with payment
👉 Best exchanges to trade ONF after acquiring USDT
Why Use USDT as Your Base Currency?
USDT offers several advantages for crypto trading:
- Stable value pegged to the US dollar
- Widely accepted across exchanges
- Faster transactions compared to traditional banking
- Lower fees than direct fiat-to-altcoin conversions
BTCC Platform Benefits
Security Features
- 12-year perfect security record
- Multi-layer risk control systems
- Cold storage for majority of assets
Trading Advantages
- High liquidity with tight spreads
- Real-time market data
- 24/7 multilingual customer support
Additional Services
- Crypto derivatives trading
- Commodities (gold, oil)
- Traditional stock investments
Top 5 Cryptocurrencies by Market Cap (2024)
- Bitcoin (BTC)
- Ethereum (ETH)
- Tether (USDT)
- USD Coin (USDC)
- XRP (XRP)
👉 Beginner's guide to altcoin investing
FAQ Section
Q: Can I buy ONF directly with fiat currency?
A: Currently, ONF isn't available for direct fiat purchase on BTCC. You'll need to buy USDT first, then exchange it for ONF on supported platforms.
Q: How long does KYC verification take?
A: Typically 2-24 hours, depending on document quality and verification volume.
Q: What's the minimum USDT purchase amount?
A: Minimums vary by payment provider, but generally start around $20 equivalent.
Q: Is BTCC available worldwide?
A: While accessible globally, some jurisdictions may have restrictions. Always check local regulations.
Q: How do I store ONF after purchase?
A: You can keep it in exchange wallets or transfer to secure hardware wallets like Ledger or Trezor.
Q: What makes ONF different from other tokens?
A: Oracle Finance Network specializes in decentralized oracle solutions, providing real-world data to smart contracts.