ONAM the new exchange platform

in #blockchain6 years ago (edited)


 

Hello friends I hope you are very well, for nobody is a secret that this year the cryptocurrencies have had a strong decline in prices however most people still believe that in the not too distant future the cryptocurrencies will be those that begin to dominate the economic market and exchange in goods and services, a very important factor for this to happen is that there are exchange houses that are safe, fast and reliable.

Thinking about this, a group of entrepreneurs has created onam, a cryptocurrency exchange platform offering better quality, scalability, transparency and customer service aside ONAM has built a platform that complies with current and future regulations established by the SEC and other agencies regulators. It is truly scalable, safe, full of functions and is suitable for the current and future needs of retail and institutional retailers alike, then I will show you in an image the coins that will be listed at the beginning of ONAM.


Maybe they wonder what kind of token ONAM will handle, well they created an ERC-20 token called the same as their "ONAM" platform, this type of token is created under the ethereum blokchain, the token pre-sale will be done exclusively in BTC and ETH, the beginning of the sale was on October 1, 2018 and ends on December 21, 2018, it seeks to raise the amount of 195 million dollars and stipulated a circulating amount of 300 million tokens, the price ratio is expect it to be the following Token exchange rate: 1 ETH = ~ 2,875 ONAM, 1 BTC = ~ 81,250 ONAM, in the following image you can see how the funds raised after the presale will be distributed.


 

What solutions does ONAM present to us?

Security – Along with DDoS mitigation, 2FA solutions, and anti-phishing solutions, ONAM have their own “Advanced Threat Prevention, Intrusion Detection, and Trade Surveillance systems”. These systems are driven by machine learning to identify irregular activity before it negatively affects user accounts. These systems are also all secured by encrypted databases. Quarterly 3rd party audits are also a key part of ONAM's security obligation to its clients.

Scalability – ONAM's platform outperforms all the competition in terms of transactions per second and latencies. ONAM handles “10 million transactions per second with latencies as low as 40 nanoseconds.” Transparency – ONAM's Real-Time Market Surveillance and Compliance system surveys the ONAM network for irregular trading activities. Various characteristics and trade-types are closely monitored in order to generate Suspicious Activity Reports for the system’s regulators. All of these features make Market Manipulation almost impossible.

Customer Support – ONAM aims to offer 24/7/365 live customer support via chats in multiple languages. Common issues will be addressed within 15 minutes via support ticket system. Phone support will be offered within the first 6 months of launch as well.

Liquidity – ONAM will attract large market makers, miners, and volume traders to participate in their network. High slippage and market manipulation issues will be fought off by enlisting book orders from multiple exchanges.

Compliance – The SEC has taken the stance that almost all token issues are security issues. This has resulted in multiple subpoenas to various companies launching ICOs. Licenses are necessary for initiating public offerings and ONAM's top legal representatives are all informed on the latest positions regarding SEC and its view on ICO activities.

ONAM will lend us several news about the most famous current exchanges, in the following table you can clearly see the advantages and characteristics when buying them with the main exchanges.



Más información y recursos:

 

this post is a participation to the contest organized by @originalworks for more information about the contest you can enter the following link

All the information contained in this post is a compilation of the original publication of the contest and the main page of ONAM

onam2018

https://twitter.com/hendersonparada/status/1062231517374636033
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Posted from my blog with SteemPress : http://hendersonp.timeets.xyz/2018/11/13/onam-the-new-exchange-platform/
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