ONAM IS THE MOST ROBUST EXCHANGE IN THE MARKET

mariela53 (67)in #originalworks • 6 years ago (edited)

The cryptocurrencies in its essence, is a software and works through P2P networks on the Internet, it is something new and surprising, a revolution, a reality. They are created mostly through a computer process called "mining". What are the cryptocurrencies for? They are used to buy things and are currently used to exchange goods and services. Cryptocurrencies are obtained in 3 ways: buying them, mining them or exchanging them for goods or services.

To carry out transactions with cryptocurrencies, they have now begun to operate in a centralized manner, the centralized exchange houses (CEX), which are currently abundant in the market and also have a greater popularity and trajectory. There are many factors that contribute to a good exchange, as with any software platform, a good user interface can make a difference, with reputation and security being obvious.

There are many cryptocurrency exchange platforms, but ONAM was chosen by the developers of ONAM, because they have identified many problems in Most of the available exchanges, these problems have to do with scalability and security, as well as high commissions and low system capacity.

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What is ONAM

ONAM, is a commercial platform, high performance, which has an advanced security system, scalability, transparency, customer service, liquidity and compliance. based on automatic learning. It also has good surveillance management and risk analysis. The platform ONAM, It is fully compatible.

Fuente:WhitePaper, Page 14

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Solutions of ONAM

Security : ONAM, it has systems protected by encrypted databases, that is, it has its own "advanced systems for the prevention of threats, intrusion detection and commercial surveillance". These systems give security to the platform and detect any irregularity before it negatively affects user accounts. "Quarterly third-party audits are also a key part of the security obligation of ONAM to its customers ".

Scalability : the platform ONAM t can handle more than 10 million transactions per second with latencies as low as 40 nanoseconds, that is, it easily surpasses all of them. offered to the market a very necessary quality solution, capable of supporting heavy loads and complying with all current and future governmental regulations.

Transparency - ONAM 's It is in charge of examining and at the same time generating reports of suspicious activity for the regulators of the system, it closely monitors all the transactions with the purpose of giving transparency to the users when using the platform. All these characteristics make the manipulation of the market almost impossible.

Customer Support: ONAM "aims to offer customer support live 24/7/365 via multi-language chats, common problems will be addressed in 15 minutes through the support ticket system, telephone support will also be offered within the first few days." 6 months of the launch ".

Liquidity:ONAM "It will attract large market creators, miners and volume traders to participate in its network, and high slippage and market manipulation problems will be fought by registering book orders of multiple exchanges."

Compliance: "The SEC has taken the position that almost all token problems are security issues. This has resulted in multiple subpoenas to several companies that launch ICOs. Licenses are necessary to initiate public offers and all the main legal representatives of ONAM they are informed about the latest positions regarding the SEC and their opinion on the activities of the OIC".

ONAM vs current market

At the end of 2017 and the beginning of 2018 there was a massive influx of new merchants and investors that entered the market. Many exchanges have been running near full capacity due to the large increase in the number of traders investing in cryptocurrencies, and no one expected the market to grow so quickly. This exposed how obsolete and rigid the current exchanges have become and highlighted the limitations in the scale. Exchanges of current cryptocurrencies are not designed to keep up with the next market growth and will have difficulties in the future. As a consequence, this overloaded the exchange coincidence engines during peak trading hours, which stopped user registrations2 for weeks on end by some of the largest exchanges of cryptocurrencies added to the already volatile nature of the still fragile and booming market . Because of all these limitations ONAM ensures that merchants have all the tools they need to make the most profitable and profitable market exchange. "The following table exemplifies the different feature between ONAM and some of the main exchanges, as well as the difference in rates. "

Fuente:WhitePaper, Página 13

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Characteristics of the ONAM

"The following are a list of prominent features ONAM employs as a state-of-the-art high-performance trading platform:

Advanced Order Types
These options assist the customers in being more successful in their day-to-day trading

Margin Trading
Users can leverage higher buying power in exchange for a small interest fee

Margin Lending
Users earn interest by lending, and can pick their own rate and duration terms

Composite Index Fund
Users can diversify their portfolio

Paper Trading
Trading simulations for novice users

Modular User Interface
User can customize his/her trading page

Trade Assistant with Trade Alerts and Signals
Powered by machine learning
Limits risk by assessing current position, account balance, and user’s personal tolerance

Auto-Trading
Backtesting helps customers use trading bots based on their personal strategies
Users can employee premade strategies as well

Social Media and Sentiment Analysis Tool
Powered by machine learning
Market condition forecasting

Market Scanning
Powered by machine learning
Sets criteria for users to identify the kind of volatility they are seeking

Advanced Charting
Helps users optimize historical analysis of commodity, currency, security, etc.

Trading Expert Coaching
Novice users can be taught best practices by a community of experts on the platform

News and Announcement Feed
Major cryptocurrency-related news and updates

Push Notifications
All activities will be pushed to the user__

OTC Trading
Smart contract escrow services to create smooth swaps of assets and funds

Multi-Language User Interface
Prefered language as an option

Multi-Language 24/7 LIVE Chat Support
Users always have access to help

FIX Server for Institutional Traders

Advanced and Custom APIs

Affiliate Program".

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ONAM Use Case: The Composite Index Fund

Mathias is a man with a lot of money a great businessman, despite his money, he loses the Bitcoin boom because his way of investing is an old-fashioned value investor. New opportunities are presented to him and he lets them pass. Mathias his philosophy was to move between stocks and bonds, to ensure that his wealth always grew, Mathias had always been a man too radical and for him to invest now was much more expensive. Mathias placed most of his stock funds in compound indices, as he had no technical experience, unfortunately he did not have access to the ICO market. This resulted in Mathias resigning himself to not buying in some of the blockchain projects such as Bitcoin, Ethereum, Litecoin and NEO. Where the management of technological aspect was problematic for Mathias.
After Mathias had given up everything, Mathias knows through a friend to the platform ONAM, Mathias conoce y estudia bien la plataforma ONAM It seemed that the platform met all his expectations in terms of investment was made only for him, since he answered all the questions and satisfied and fulfilled all the requirements of a good exchange.

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ONAM Website

Safety and compliance with the state of the art of ONAM

Business-level security: ONAM never store passwords, encrypt confidential data before sending them to your database.

Anti-Market Manipulation (AMM): the real-time market surveillance, monitoring and compliance system of ONAM It's based on machine learning and it always works.

Anti-Money Laundering (AML): it also works through automatic learning, the AML system of ONAM filters customer data, classifies it, and potentially identifies the illegal behavior before it happens.

Quarterly audits: the non-technical defense layer of ONAM ,The audit is a philosophical commitment of the company, as well as a form of mandatory compliance that maintains the ONAM
in the performance of best practices.

BitGO Association: to offer custody services to large institutional investors, ONAM has partnered with BitGO, "the market leader in institutional-grade cryptocurrency investment services."
Custody services include: institutional grade policy controls and 100% cold storage with multiple signature in bank-level vaults for more than 75 cryptocurrencies.

Verification of employee background and compliance training: all employees will comply with a standard that matches the safety and reputation of ONAMand his vision.

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conclusion

ONAM It is an innovative platform in the exchange of tokens, it promises to solve the current problems that arise in the platform. It offers the highest security, scalability, liquidity, transfer, customer service. Guarantees its users, speed and the highest security in each transaction. ONAM offers the best solution for the security of your investment, keeping your investment safer. ONAM, is a fully compatible, robust platform helps improve the individual experience of novice and experienced operators. ONAM it is an extremely powerful commercial comparison engine that is capable of processing more than ten million transactions per second.