HAVE YOU HEARD OF ONAM?

in #steemit5 years ago (edited)

Onam Is one of the crypto currency exchange platform.
Crypto currency exchange is a platform that allows users to trade digital currencies against other the other.
ONAM Exchange is a modern era crypto currency exchange platform that is built to bring to end all limitations and shortcomings of various exchanges ranging from security, compliance and usability.
The introduction of advanced tools and features has already given ONAM edge over other exchanges. These tools and features provide steps and processes to secure a successful transaction or say trading.
Seasonal traders together with novice can perform their task with confidence and trust.
Moreover, ONAM exchange is built with a powerful trade matching engine that has the ability to process over ten million transaction per second. This speed of transaction is faster than any other exchange platform of the new era, thus putting ONAM on top when considering speed of transaction.
Threat, fraudulent activity, theft and other cyber crimes has completely been eliminated by the inception of ONAM exchange. With the help of machine learning technologies, irregular activities, unsecured action are flagged and prevented before getting intense.

Some important features that will promote mass adoption of ONAM

  • Marginal trading
  • Marginal lending
  • Auto trading
    This feature alone will serve as a captivating factor for new traders. For new traders the auto trading feature will be a form of tutorial while the watch how a successful trading process is achieved.
  • Crypto to crypto trading
  • Advanced order types
  • 24/7 live support;
    Support simply means assistance . Assistance or support is onething that everyone on planet earth will appreciate. The ideology of introducing Live support to the ONAM exchange is one of the best brainstorming ideas that will help ONAM beats its counterpart.
  • Push notifications
    Simply as the name implies, push notifications is a neccesary feature in the crypto exchange. I'll advice other exchanges to introduce this to their platform if not done yet. With push notifications, a user can set a notification for a particular price he/she wants a particular coin to attain. In clear terms, this feature gives user the confidence and assurance that they won't miss out of any important crypto season. This specifically applies to those users who specializes in coin holding.

A comparative study between ONAM exchange and other exchanges

IMG_20181114_225119.jpg
comparative study of exchanges
A direct analysis will justify the fact that ONAM has the potentials to become the crypto leading exchange platform.
*Trading fee extracting our data from the image above, the trading fee is as follows, 0.05%, 0.075%, 0.070%, 0.2% for ONAM, BINANCE, KUCOIN and HUOBI respectively.
Without no much argument, it's clear and simple that higher percentage of traders will subscribe to ONAM exchange platform and thus increasing their chances of beating their counterpart.

*Compliance regulation
In no distant time, the compliance regulation will be the leading factor to determine exchange legitimacy. ONAM, is currently the only exchange platform that is in compliant with regulations set aside by the United State, SEC, FINRA etc.
Failing to compliant with the regulations set aside by these bodies can cause short down of the exchanges in the nearest future.
Working with United State regulatory bodies and other jurisdiction has justified the legitimacy and sustainability of ONAM platform.

  • Trade assistant
    Assistance is one of the greatest offer that is most appreciated by a novice. When assistance is provided, it simply implies that the user is most welcome to the platform.
    It happens that ONAM is the most user friendly of all exchanges because of its ability to assist users when need arises. Indeed ONAM has set a good path to becoming the most used crypto exchange platform.
    C3TZR1g81UNaPs7vzNXHueW5ZM76DSHWEY7onmfLxcK2iPEZmMFFBVYjtrNEjiZL5vQHPCw5JxCH8qzNfadtY5Dx8aERP79WeAgQdqW4ShacDrTkVoivbxJ.png
    Trading speed

Variation in exchange features is the major problem why traders uses different exchange platform to meet their needs.
But boom!!! ONAM came by fixing all errors by numerous exchange platform.
Different options are now incorporated into ONAM platform so that users see no need of using other exchanges while using ONAM.
ONAM is the exchange of the future, where most users will come to recognise.

  • Use case
    Here is John who missed opportunity because is lack of compliance regulation.
    John is a type of person who believes in legitimacy, sustainability and transparency.
    John heard of coin holding in 2017, at first John was shocked of how he'll leave his coins there. John's fear was that the platform may not be transparent as he desires. Not just the transparency, but also the legitimacy.
    These two factors kept John pending on investing on any exchange platform by holding.
    But in 2018, John met ONAM where is fear was completely buried. John realised that ONAM solve all the problems he had on the exchange platform.
    John noticed that ONAM had dedicated working with compliance bodies in United State, SEC etc. John was now convinced that ONAM is legitimate, sustainable and transparent. John had no fear on security reasons too.

John later thank the board of developers that came up with ONAM platform.

CONCLUSION
Many projects in the Blockchain/ICO space are in the business of reinventing the wheel.

ONAM is different in that the simply want to innovate on a product that is already tried and tested: crypto-currency exchanges. ONAM is concerned with the latest technical and foundational technologies to maximize the security and performance of the platform for the benefit of its users.

With 10 Million transactions per second, 40 nanosecond latency, encrypted database backup, and the latest knowledge in regulatory complianc, ONAM is positioned as the cutting-edge, user-optimized, best-practices cryptocurrency exchange source

More sources

onam website
whitepaper

onam2018

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