ONAM EXCHANGE: The New era of Standardization in Digital Asset Trading

Cryptocurrencies exchanges are the most extensive platform to purchase and sell coins and although exchanges continually evolve and enhance, there are difficulties ahead and issues to solve. The trading of cryptocurrencies is the equivalent as trading shares, commodities, and fiat currencies, i.e., the usual way of doing things depends on generating sell or buy order and orders are matched and trade is accomplished. However, there are certain flaws with the crypto exchanges (both centralized and decentralized exchanges). Let me give you a few details on these flaws.
1.The cryptocurrency market has right from its initiation been beset by the activities of hackers and cybercriminals. Traders and investors have lost funds and some platforms have stopped to operate. In the outcome of these hacks, the cost of particular cryptocurrencies has dropped considerably.
2.Issues having to do with scalability have been distinguished by experts as being the reason of transaction delays. As the blockchains turn out to be longer, more transactions are being held up in the queue awaiting approval. The market is volatile and all things considered, delays can be exorbitant.
3.The biggest issue in the cryptocurrency market is excessive volatility. The prices of cryptocurrencies on exchange platforms rise and fall drastically over a brief timeframe.
4.Some users reported waiting weeks for submitted support tickets to be tended to, even in critical cases like loss of funds, account lockouts, and 2FA resets.
5.The price of a cryptocurrency can fluctuate considerably on the different exchange platforms. With such outrageous price differences for the same cryptocurrency, price charting becomes a troublesome endeavor. Add to this, the sheer level of volatility in the market and the issue turns out even more exacerbated.
6.In an unstable market, a lack of regulations makes it hard to gain the trust of the individual or institutional investors who are hoping to enter the market.

The solution to the above challenges faced by cryptocurrency exchanges has been addressed by ONAM platform which is led by a group of professionals. The following entails how the above issues have been resolved.
1.Scalability
The exchange is built with the view of scaling, designing our platform around the belief that "if the scaling isn't quick, at that point it is simply too slow". The engineering team has delivered a truly necessary quality solution fit for withstanding heavy load and compliant with all current and future strict government regulations to the market.
2.Market Manipulation
The system analyzes pre-trade and post-trade information to identify suspicious activity such as unusually large trades, pass-through trades, wash trades, spoofing, layering, stuffing, hammering, front-running, and momentum ignition. The capacity to monitor for each of these enables us to generate Suspicious Activity Reports for the regulators in compliance with both current and future regulations.
3.Customer Support
The project is also grounded in service, and the platform is dedicated to giving the best support in the industry. The platform intends to offer 24/7/365 Live Chats in multiple languages and focus on tending the most common issues within the first 15 minutes of a support ticket being submitted.
4.Poor Market Liquidity
The team is focused on attracting large market-makers, volume traders, and miners. By incentivizing them and utilizing order books from various exchanges, the platform will solve the high slippage and market manipulation issues expedited by poor liquidity other exchanges are confronting and offer truly rich and transparent order books.
5.Regulatory Compliance
Unlike other platforms, the platform believes the key to drawing in new retail and institutional investors is to end up completely consistent to guarantee transparency and win the confidence of the masses.
6.Security
With the assistance of machine learning technologies, the platform will be able to detect any irregular activities and our Advanced Threat Prevention system will flag any potential issues in real-time, preventing breaches before it is too late.

The Features of ONAM Platform
1.Advanced order types such as Trailing Stops, Take Profit, Iceberg Orders, Fill or Kill, Good Till Cancelled, One Cancels Other along with industry standard Limit Order, Market Order and Stop-Limit options offered on this platform will help customers in preserving their profits and help them in becoming more successful in their everyday trading activities.
2.Margin Trading will enable the users of the platform to pay a small percentage fee on borrowed funds in return for larger buying power.
3.Margin Lending enables the users of the platform to win interest on the funds they have given to margin traders on ONAM platform.
4.A monthly rebalanced ONAM Composite Index Fund gives the customers access to a smart and secure approach to get expanded exposure to crypto assets.
5.Paper Trading feature will enable novice and intermediate merchants to trade on the platform, test market conditions, and order types while enhancing their trading skills without the dedication of actual capital.
6.A responsive Modular UI enables the users to customize their trading page to make it adequate for their needs.
7.ONAM Trade Assistant will restrict risks dependent on account balance, current positions, and the unique risk tolerance of every individual trader, therefore increasing profitability and supporting the traders to remain profitable.
8.Trading and trading strategy backtesting enables the customers to make trading bots based on their own strategy with the indicators they prefer.
9.Customers can utilize the platform social media and market sentiment analysis tool powered by machine learning for ultra-fast sentiment analysis of the market conditions to settle on better trading decisions and stay a few steps ahead of traders utilizing other platforms.
10.The market scanning device will enable the customers to find coins and tokens to trade based on the particular criteria they input.
11.Advanced charting with the technical analysis devices that we provide will give the customers chart any given asset within the platform without the need to leave the exchange or spend additional funds on third-party charting tools.
12.ONAM will be onboarding Trading Experts to instruct novice and intermediate investors on fundamentals of technical analysis.
13.ONAM’s News and Announcement Feed encourages the users to remain educated with the latest news. After all, a successful broker is the one that stays up to date with respect to any given asset they are trading.
14.Push Notifications in the platform make sure that you are alerted quickly when your order fills or new coins/tokens are listed and in addition to other real-time activities on your account or ONAM exchange.

ONAM Token
ONAM tokens are important to use the full capabilities of the ONAM platform. Users will be able to save on trading fees, unlock extra tools and features including but not limited to Trade Assistant, Market Scanning tools, Trade Alerts and Signals.
Token Sale Details
Token Standard: ERC-20
Token Name: ONAM
Soft Cap (USD): $2,500,000
Hard Cap (USD):$15,600,000
Currencies Accepted: BTC, ETH
Token Price:~$0.08
Pre-Sale Bonus: 20%
Crowdsale Bonus: 10%
Bonus % Lock-up Period: 180 Days after initial distribution
Token Exchange Rate: 1 ETH ~ 2625 ONAM
Token Allocations
Crowdsale Allocation: 195,000,000
Founding Team Allocation: 60,000,000
Company Reserve: 30,000,000
Advisors, Partners, Bounty Allocation: 15,000,000
Total Supply: 300,000,000

Road Map

Meet the team behind this innovative project

For more information about this project and how you can partake in the opportunity, visit the following links;
WEBSITE: https://onam.io/
WHITEPAPER: https://onam.io/wp-content/uploads/2018/10/Whitepaper-v1.5.pdf

Bounty0x Username: Saintwudi