ONAM THE FUTURE OF THE CRYPTOCURRENCY TRADING WITH GREAT FEATURES AND COMPLETE INNOVATIONS.****ONAM THE FUTURE OF THE CRYPTOCURRENCY TRADING WITH GREAT FEATURES AND COMPLETE INNOVATIONS.

in #originalworks6 years ago

INTRODUCTION:


      ***WHAT IS ONAM***

ONAM is a fully compliant crypto exchange, committed to their mission — led by professionals that are ready to take crypto exchanges out of murky waters of non compliance and welcome mass adoption. By launching the ONAM exchange, ONAM seeks to resolve the shortcomings and other issues thier competitors are facing and create scalable, and transparent exchange that’s able to handle future mass adoption.
ONAM is equipped with features that enable its users to take advantage of the crypto market and manage their trade and assets with ease. ONAM has come up with some features that cannot be found on other already existing exchanges, built completely on innovations to suite with the demands of the frustrated traders.

WHY IS ONAM OUTSTANDING FROM OTHER ALREADY EXISTING EXCHANGES?

ONAM is equipped with features and is offering services that most of the exchanges in the crypto market seem to be lacking. And this has made traders in the industry to per attention to the onam innovations. with ONAM traders can now have some of the following solutions to their problems

HIGH SECURITY:

ONAM’s security is topnotch. It secures it user’s assets in cold storage and It also has its own surveillance, threat prevention and intrusion system that enables it to monitor and detect irregular activities in the system. This proactive measure is taken to prevent any form of attack from occurring in the system. When an irregular activity is detected by the security system, such activity can easily be traced and blocked before any damage is caused to any user in the platform.

ONAM also doesn’t store passwords and it encrypts sensitive user’s data before storing such data in its data base. So the system offers more security than what is obtainable in other exchanges and will ensure that their user’s assets are always secured at all time.

Transparency:

Transparency is one thing that seems to be lacking in most of the exchanges in the crypto market. The ONAM exchange is highly transparent. ONAM is subject to a quarterly auditing by professionals. This will ensure that the activities of the exchanges are transparent and compliant.

ONAM has also put a surveillance system in place that surveys the network and monitors every activity taking place on the network. This surveillance system records every suspicious activity in the network and this will make it difficult for market manipulation to take place in the ONAM network because they know that they will be caught should they engage in such.

Customer’s support:

ONAM offers a 24/7 customer’s support system that addresses all user’s issues with 15 minutes. This customer’s support system is via chats and it’s going to be done in multiple languages. A phone support customer’s support system will also be offered but this will last just for the first 6 months of its launch.

Scalability:

The ONAM platform promises a high transaction speed. This implies that orders will be matched almost instantly and delays in transaction will be eliminated. ONAM can handle up to 10 million transactions per second. No other exchange in the market can match this. With this transaction capacity, ONAM is built to handle future growth without experiencing any challenge in its performance or transaction speed.

Liquidity:

Liquidity in the ONAM network will very high because ONAM will be attracting large market makers, miners and volume traders to participate in the network. Also, since the exchange will be offering services that are non-existent in other exchanges, it will attract a very large user base in the shortest possible time that will boost its liquidity.

Compliance:

ONAM will be very compliant to the regulations of SEC. it will only list tokens approved by SEC. this will ensure that its users are not brought in contact with dubious token that will make them lose their investment.

Low trading fees:

ONAM is offering one of the lowest trading fees in the market. It charges a 0.05% trading fees. This is very low when compared to what other exchanges are charging per trade.

ONAM’s FEATURES

image(1).png

THE fOLLOWING ARE LIST OF FEATURES ONAM EMPLOYS AS A STATE-OF-THE-ART HIGH-PERFORMING 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

WHY IS ONAM'S AIM TO WORK WITH REGULATORS TO BE FULLY COMPLAINT SO IMPORTANT???:
''ONAM is taking steps to become fully compliant and working with regulatory bodies on its plans to obtain a Broker-Dealer license, money transmitter license and register as an Alternative Trading System with the SEC.''

HOW WILL ONAM'S SUPER-LOW FEES BENEFIT THE TRADERS??:
Asking this question seems to be almost rhetoric, but for the sake of the newbies, this is almost like asking why is shopping around for cheap pork butt benefit the person shopping? the answer is so simple and straight, it would put more money in your pocket, money that supposedly would have been used for fees on other exchanges but with ONAM you could save that for other purposes.

WHAT IS THE BENEFIT OF COMBINING THE MANY FINANCIAL TOOLS UNDER ONE PLATFORM WITH ONAM??:
This to the already existing traders would salvage the hassle of having a combinations of different exchanges so as to achieve their goal. with an all encompassing trading exchange ONAM, traders no longer need to shop around for the exchange with the features the needed most especially margin trading to someone like myself and the 24/7 live support that is multi-lingua

IMPACT OF HAVING THE FASTEST TRANSACTION CAPABILITY OF ALL EXISTING EXCHANGES (10 MILLION TRANSACTIONS PER SECOND AS OPPOSED TO 2 MILLION TRANSACTIONS PER SECOND)?:
''ONAM Matching Engine can handle over 10 Million Transactions per second with latencies as low as 40 nanoseconds. The combination of our proprietary Advanced Threat Prevention, Intrusion Detection, and Trade Surveillance tools along with encrypted databases, guarantees the safety of your funds and fairness of the market within our platform.''
What this means is that there would be no more slippage when trading the crypto market thus reducing the possibility of losses to the barest minimum for the traders.

HOW WILL ONAM'S DEDICATED CUSTOMER SERVICE INCREASE CUSTOMER CONFIDENCE AND IMPROVE USABILITY??:
This is simply like asking why you would like a platform that pays kin attention to the problems you encounter during trading. Having a trading platform that takes into consideration the needs and complaints of the customers. this feature alone boost my confidence in the platform thus having no reasons for fears while trading.

ONAM’s PARTNERSHIP

ONAM has entered into a partnership with BitGo. BitGo is one of the market leader in institutional-grade cryptocurrency investment services. This partnership will grant ONAM access to some of BitGo big time crypto investors and make them able to offer services to such institutional investors.

USE CASE
PIUS has been a very keen crypto enthusiast who so much believes on the future of the blockchain technology and Pius has been in to crypto trading for some time in most of the crypto exchanges but due to some flaws in most of the exchanges Pius seems not to be comfortable trading on one single exchange thus becoming crypto exchange prostitute. On discovery of the ONAM exchange where every feature and exchange should comprise of Pius has now been in a better position to use a single exchange called Onam where he can do all his trading activities without worrying about the combinations of different exchanges to achieve his desire results. ONAM to him is an all encompassing crypto exchange where all the desires of the customers are fully satisfied, the first of its kind.

CONCLUSION:
ONAM team of professionals has done a thorough research and having seen the problems of the crypto traders has come up with a complete innovations as against the already existing exchanges, but incorporating features such as the ability to handle 10 Million transactions as opposed to the 2 Million transactions per second, and many more features. ONAM IS INDEED THE FUTURE OF THE CRYPTO EXCHANGE.

TEAM BEHIND THE ONAMS INNOVATIONS:


Alex Jumaev

Co-Founder and CEO

Otto Inagamov

Co-Founder and CFO

Vladimir Nadygin

CTO

Jay Darousse

CSO

Jennifer Tran

CMO

Alisher Achilov

Senior Software Developer

Mason Tope

Software Developer

Vitali Pankin

Senior UI/UX Developer


Tamer Shokry

Business Development


Adam Ossorio

Investor Outreach

Damian Klepacki

Communications Director

Piotr Stogowski

Community Leader

Chinedu Nwachukwu

Community Leader

for more information/resources:

ONAM'S WEBSITE
ONAM WHITEPAPER
ONAM TELEGRAM
ONAM TWITTER
ONAM INSTAGRAM

onam2018

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

Sort:  

This post has been submitted for the @OriginalWorks Sponsored Writing Contest!
You can also follow @contestbot to be notified of future contests!

Dear friend, you do not appear to be following @wafrica. Follow @wafrica to get a valuable upvote on your quality post!

Okay thankz iam doing that