ONam Exchange - The Most Scalable Trading Platform

in #blockchain6 years ago (edited)

What Exactly Is Onam ?

Onam is a cryptocurrency trading platform which processes multi million transactions in nanoseconds.
Onam exchange solved the current issue other crypto exchanges are facing by building a well secured, scalable platform. and also made proper arrangement in case of mass adoption in future.
Onam is a registered exchange for they are well known by Reg s and Reg D usa security bodies.
Just to assure strict policies, and safe funds, Onam had already partnered with:

The leader in security, compliance, and custodial solutions for blockchain-based currencies
Bitgo

Some Of The Challenges Faced By Other Exchanges But Solved By Onam

SECURITY :

Since the platform is meant to hold traders funds, security had been one issue they've looked out for. The Dev's team implemented Ddos migration, 2fa solution , Anti-phishing, intrusion detection, trade surveillance and Advanced Threat Prevention.

SCALABILTY

The issue of scalable trading has been an issue on most exchanges. With this in mind, Onam platform is able to process about 10million transactions per seconds with latencies as low as 40 nanoseconds. Making Onam the fastest exchange on the market. While other exchanges can't even process two million transaction.

MARKET MANIPULATION

Back to security issues, Some traders are out there willing and always wanting to manipulate the market. Market manipulation is forbidden on Onamexchange. Tools for real-time market surveillance, supervision and compliance system is always there to monitor every pre-trade,post-trade, usually larger trades, wash trades and so onn.

Customer SUPPORT

Onam has been able to provide multiple language support agents who are willing to offer it's customers 24/7/365 of nonstop live chats, phone calls and email replies.
The amazing thing about these supports is, you get a response within the first 15mins after submitting a ticket.

POOR MARKET LIQUIDITY

Learning from other exchanges mistakes, Onam team provides transparent order books and this will surly attract large market-traders, volume and even miners to the platform.

FEATURES

Just as stated in the paragraph, and the challenges solved above, The implementation of advanced tools to fight market manipulation and securing of funds had made Onamthe best and fastest trading platform with great features to increase trading comfortability.

Night Mode Trading

Light Mode Trading


  • Advance order types
  • Margin trading
  • Margin Lending
  • Composite index fund
  • Paper trading
  • Modular UI
  • Trade assistant
  • Auto-Trading
  • Social media and market sentiment analysis tool
  • market scanning

  • Advanced charting
  • Trading experts
  • News and announcement feed
  • Push notification
  • Otc trading
  • multi- language UI
  • Multi language 24/7 live chat
  • Fix servers for institutional traders
  • Advanced and custom Apis
  • Affiliate Program


Onam Vs Other exchanges

The image below shows Onamhas more features to enhance user experience than any other exchanges.

Exchanges fees

The fees being charged by Onam for trading on a coin is super low compared to other exchanges. This is one strategy to get and attract miners and traders to the platform.

Exchange trading fees Tiered fee structure Deposit fee
(maker fee and taker fee each way) -0.1% (0.05% **) TBA free

Margin trading fee Listing fee Withdrawal fee
TBA TBA TBA


Onam Use Case

Mr smith is a banker who also trade crypto-currencies on some other exchanges. which simply means he doesn't spend 20%-50% of his time trading. Due to this fact, He misses a lot of trading opportunities.

Imagine purchasing a coin at 1200 satoshi before heading to work, And he had it in mind to sell the coin when it increases to a maximum of 1300 satoshi or sell it at a lost of 1150 satoshi when he gets back from work.

" But, market doesn't respect the fact that a trader isn't available at a particular period of time "

The coin he bought just before he left for work actually boomed above 1300 satoshi as expected but later dropped below the lost targeted price. (He didn't sell because he wasn't available)

He came back from work and hated the crypto world after seeing the massive increase from the trading chat. He missed opportunity due to lack of some trading assistance feature on that trading exchange he uses.

He was opportune to discuss this issue with Miss Linda his co-worker who trades on Onam with no issue.
Ever since then, Mr Smith doesn't miss any trade. He places auto buy and sell orders with the help of Auto trading feature.

The Team

More Information & Resources:

VIDEO Presentation

Sort:  

This post has been submitted for the @OriginalWorks Sponsored Writing Contest!
You can also follow @contestbot to be notified of future contests!

Thanks for using eSteem!
Your post has been voted as a part of eSteem encouragement program. Keep up the good work! Install Android, iOS Mobile app or Windows, Mac, Linux Surfer app, if you haven't already!
Learn more: https://esteem.app
Join our discord: https://discord.gg/8eHupPq

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 62952.72
ETH 2429.38
USDT 1.00
SBD 2.56