ONAM Exchange is the most robust and secure exchange in the market.

medicineforlife (47)in #originalworks • 6 years ago (edited)

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With the passing of the years the blockhain and the cryptocurrencys have achieved a great impact and with it accompanied by new platforms and new advances, as well as competitions among themselves. Today comes ONAM an exchage which you can feel safe and make all your transactions quickly, so if you want to know a little more I invite you to continue reading.

Currently there are more and more users who acquire knowledge about cryptocurrencys , trading so many are those who are curious to make their changes and what better to use an exchange that offers, confidence, security and speed as ONAM.

Whats is ONAM ?

ONAM is an exchange that is made up of high quality professionals who will be in charge of making crypto exchanges. This exchange has been in charge of studying deficiencies or problems that present other exchanges in order to offer a good quality service.

Every plaform or any project will have challenges and propose its solutions. In ONAM its challenges are the below mentioned.

Unsafe exchanges and Security breaches : The different crypto exchanges have presented several hacks since the beginning of 2011, as well as several in the year 2017 and this year with millions of dollars lost. Experts predict that hacking attempts will continue. So ONAM will take security as its highest priority and that is how it develops an Adavance threat prevention, intrusion detection and Trade Surveillace system.

Scalability limits other exchanges face : Due to the high traffic and the greater number of people who join this world of cryptocurrency, many of the exchanges have been found near their capacity limit because they are not designed for a high volume. While other exchanges can not handle more than one or two million transactions per second, the ONAM team was in charge of developing the needs, so with ONAM, 10 million transactions per second can be processed.

Market Manipulation: The United States Department of Justice has opened a criminal investigation into the market of cryptocurrency since manipulations occur in the cryptocurrency market, from spoofinf, wash-trading, pump and dump. These are responsible for affecting the most novices in this world of cryptos. So ONAM has its Real-Time Market Surveillance, Supervision and Compliance system monitors for suspicious trading activity. This will be responsible for monitoring and analyzing data before and after transactions to identify any suspicious activity.

Lackluster customer Support : User support here as in any platform must be of great importance in order to be able to resolve quickly and make the user feel more comfortable and secure. ONAM carried out surveys for several weeks in order to determine what were the concerns of those who use these exchanges and be able to offer the best. So in ONAM the objective will be to provide support 24 hours a day, 7 days a week and 365 days a year, through their live chat and to be able to give a solution to the most common problems during the first 15 minutes As well as they will give support via telephone.

Platform features

ONAM has multiple features in order to give its users the best of the platform that complies with both current regulations and those that arise in the future. It is a fairly secure platform, multiple packages that meet the current and future needs of all traders.

Crypto to Crypto Trading
Margin Trading
OTC Trading
Margin Lending
Composite Index Fund
Paper Trading
Advanced Order Types
ML Trade Assistant
Auto-Trading
24/7 Live Chat Support
Push Notifications
Advanced Charting Tools

In the assets supported in initial launch are the following Bitcoin, Bitcoin cash, Etherium, Litecoin, Ripple, Eos, Stellar and others.

Exchanges Fees

In ONAM they are in charge of studying in order to give the best of the platform to its users with respect to characteristics in order to aspire to be the most profitable market. So in the following image shows a difference with respect to other known exchanges. In ONAM the deposits are free of fees.

Source: WhitePaper, Page 13

Token sale

ONAM will be offering ERC-20 token named ONAM based on Ethereum network during it’s ICO. Crowdsale will be conducted in BTC and ETH .

ONAM tokens are important to utilize the full capabilities of the ONAM platform. Users will be able to save on tradings fees, unlock extra tools and features including but not limited to Trade Assistand, Market Scanning tools.
Source: WhitePaper, Page 17