Onam Exchange : The Future of Cryptocurrency Exchange

in #crypto6 years ago (edited)

    

source

What is ONAM?

ONAM It is a new exchange platform that allows a cryptocurrency negotiation in a secure way since it has incorporated business security with other striking aspects such as risk management and negotiation tools advanced in addition to being an easy-to-use application for users. ONAM aims to improve the exchange of cryptocurrencies that is known so far and to solve the deficiencies that can be observed in other applications or platforms that offer exchange.   ONAM  is a platform for the exchange of cryptocurrencies, a type of  currency that is considered to be the most revolutionary form of  payment that currently exists,  ONAM arises with the intention of  highlighting other platforms of this type before taking into account the  failures or measures that they consider can cause dissatisfaction in  the people who turn to these pages. Taking into account the above, its  objective is consolidated in supplying all the needs in an optimal and  safe way in order to become the predetermined change page when doing  this type of activities.
 

What seeks to supply ONAM?

ONAM is one of the platforms more full of features that allow to solve  certain problems; seeks to solve security problems, speed, bad customer  service, depriving novices, not having a way to inform the current  market situation, etc.
For all those problems raised  ONAM offers a number of features or tools,  these can range from the use of different security methods and together  with the work of regulators to give a peace of mind when making  transactions, optimize your page to have an incredible amount of  transactions per minute without having failures in the platform.
At the same time, aesthetically it has an interface that is customizable  to adapt linguistically to each user and that also has a news section  that gives viable information and even contains a market analysis so  that people can see what actions are convenient for them.
Regarding customer service, it is concerned with having a quick response  in a variety of languages, to help solve problems that may arise in  users. It also has tools such as transaction simulations and expert  advice to avoid depriving the less experienced in the subject.
 

Dedication, performance and speed of ONAM?

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It has an incredible speed at the time of carrying out its activities  without falling into failures or falls of the platform, we are talking  about a speed of approximately 10 million transactions per second which  is faster than its competition, which have a speed of 2 million  transactions per second; Here we can see why  ONAM  is an innovative  alternative in these activities
This speed is driven by a dedication of part of the platform, which is  reflected in the constant high performance and customer service that is  available in a variety of languages

and 24 hours a day, every day,  make  ONAM   ideal and comfortable platform for all users.
Apart remember the approach of all its tools to constantly improve,  simply makes it stand out from other house exchange cryptocurrencies. 

Benefits

 The use of  ONAM  attracts a great variety of benefits, due to its range  of options that allows a full development of its financial activities;  through low rates for example that allow the increase of profits, on the  other hand, there are also various benefits in terms of the safety of  the activities carried out  In fact, most of the given tools that lead to benefits for the user, are  used in order to improve their performance, profits and convenience in  the exchange of their cryptocurrencies.  

1.- Safe exchanges without security breaches

Security in the exchange of cryptocurrencies is of great importance, this issue has been one of the shortcomings since a certain time since it is the focus of some hackers for the theft of them and have already seen cases and losses in some virtual exchange house, there is also a prediction that these attacks will increase therefore there must be security for users. That is why  ONAM  is committed to security and has created its own security system to prevent advanced threats and intrusion detection with automatic learning technology to ensure our platform. With the help of machine learning technologies, in addition to conducting third-party security audits.  

2.- Exchange Scalability

The increase in the number of merchants exposed to current exchanges, making known the existing limitation of scalability since they are not designed to support such a number of transactions and it is inevitable that they will collapse in the future. This is why  ONAM  was designed with scalability thought in the future so that the transactions carried out by attending and processing a large number of transactions.  

3.- Monitor the manipulation of the market in real time

The market for cryptocurrencies is very unpredictable and also manipulated, due to this there are a lot of irregularities that do not allow for confidence so that some large investors can venture into the virtual market, and this is why  ONAM  offers a technology that allows data analysis before and after each transaction thus monitoring any activity out of the ordinary this allows generating reports of suspicious activities avoiding possible fraud. 

4.- The customer is always first

One of the most important services that an exchange should have is customer service and it is proven that this service is currently deficient since they leave users waiting for a long time leaving a discontent,  ONAM offers a first quality service by engaging in respond to questions and concerns of customers at least 15 minutes, and also the first 6 months offer a telephone service that will give more confidence to users.

 

Features

It is important to point out that ONAM is a platform that offers the best to solve the current problems presented by the exchanges giving security to users.
 

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Assets that initially supported

ONAM will have the ability to support a wide variety of cryptocurrencies at the beginning of their activities, with the aspiration to enter all that can be to give more comfort and confidence to their clients. conduct your transactions in one place.

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Customer Support

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Customer support is an important aspect for any successful business  and this apply even to blockchain based platforms like exchanges. Yet  for some reason, exchanges seemed to be lacking on this aspect. And yes,  this even apply to huge and successful exchanges. Though many aspect of most exchanges are automated, the human aspect  must always be present. After all, no matter how advance the A.I or the  technology of a platform had, it could never truly undestand the human  heart. Let's say for example you're a trader and you encountered some  difficulties while trading on a certain platform. You then call the said  platform's customer service only receive an automatic response from  some A.I. Would you feel at ease? I wouldn't. As such, it is paramount to have an impeccable customer support if a  business is to retain their customers. This applies not only to  exchanges but for any business, whether it is online or offline.   For ONAM its customers first, and one could expect great response from their customer support. 

Exchange Fees

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Tokens

This token is called  ONAM  is based on Ethereum and is important for its capabilities within the platform, with its acquisition you will get discounts, everyone must pass the process of verification of AML and KYC to be able to claim their tokens.    

 

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ONAM TOKECONOMICS


  • The token name is ONAM
  • The token is ERC-20 compliant
  • Total tokens is 300,000,000
  • Crowd sale will be conducted in BTC and ETH. And only a fraction of the total tokens will be made available for the crowd sale.
  • Amount of token for crowdsale is 195,000,000.
  • Soft and hard cap are 2.5Million USD and 15.6Million USD respectively.
  • Users must go through the KYC and AML process to be eligible for token Possesion.

 Token Allocation

 Token Sale Funds Allocation

Conclusions and Personal Thoughts

ONAM is a robust cryptocurrency exchange, which far surpasses its competitors. ONAM offers its users all commercial markets in one place, margin trading, over-the-counter trade, margin loans, paper trading, compound funds. In addition to offering a set of tools to optimize cryptocurrency trading. ONAM takes security into account, so it goes beyond standard DDoS mitigation, anti-phishing, 2FA solutions and encrypted databases. ONAM has developed its own intrusion detection and trade surveillance system. In addition, to store 99% of the funds in Class III bank-class vaults. ONAM establishes a communication system with its users, 24/7/365 in several languages, providing accompaniment and direct support in case of any eventuality. ONAM is a comprehensive and very advantaged cryptocurrency exchange, which offers its users security, accompaniment and even education regarding the world of trading, as strategies (with the use of simulators) and legal and technical aspects that are of a important and mandatory compliance.  

 More Information and Resources

ONAM Website
ONAM WhitePaper
ONAM Telegram
ONAM Reddit
ONAM Medium
ONAM LinkedIn
ONAM Instagram
ONAM Twitter
ONAM Bitcointalk  

Contest link: https://steemit.com/crypto/@originalworks/1300-steem-sponsored-writing-contest-onam 

Twitter post Link:  https://twitter.com/dilishaug/status/1062552352765427712 

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