Blockchain technology has play a significant role to the advancement
Since the world keep going on and on, it keeps going on and on, it keeps improving the world in the sense that it has created, many and new opportunities to us through our various technology which created many positive solution to our modern societies through this innovations, we can boast of the blockchain technology as a life saver to all, so also by taking it to the aspect of Exchange market.
The Exchange market are created platforms built around blockchain technology where digital money (Crypto currencies) are been use to perform task such as exchange of coin, trading.
The exchange market has made a positive changes to modern societies itself, where many investors are now much more in numbers trading digital currency and with this promoting the development of many economics.
The objective of an Exchange market is to improve our money sector where it will allow investor to be able to promote their business and resources online with the use of Cryptocurrencies.
Fact have been made known and records with the help of research that Exchange market has really improve the business sectors but many, (90% out of 100%) have really faced major challenges such as:
Market manipulation.
Unsafe Exchange and Hacks
Lackluster Customer support
Poor market liquidity.
Lack of Regulatory compliance
The Exchange market improved monetary and business sector but many faced the challenges aforementioned that has led to different cases and mostly the issue of stolen funds and assets.
Question have arises from different angles that can this challenges really be tackled at 100% rate?
“Yes” this can only be done by ONAM
ONAM VS Other Exchange
When you look at it from the angle of it fees, ONAM is the most capable platform that make price efficient by ensuring the availability of tools which the trader need.
Here is a chart that compare the features between ONAM and some other exchange most especially in difference of price.
What is ONAM?
ONAM is a cryptocurrency exchange platform which is on blockchain technology that intends to improve trading competence in the possibility of offering.
Security
Scalability
Transparency
Customer support
Liquidity and compliance
In the ways listed, effort is been made that will improve the trading experience of many investors on the exchange market.
ONAM focuses its process of solution toward-the effort of enhancing standardization in the trading experience of investors through its exchange.
ONAMMISSION
ONAM goal is to innovate cryptocurrency exchange by maximizing security and performance that will create a big benefit to users and also improve user experience.
ONAM VISION
ONAM aim is to regulate and position as the cutting in order for users to optimize and get the best practice of the cryptocurrency exchange. Thus contributing to the development of trading activities in the modern era.
ONAM duties and responsibility to the Exchange market. ONAMduties and responsibilities to the exchange market is to create a solution to the challenges its facing. And the solution stands out in the following:
Security
The issue of security is becoming of something terrible to the exchange because the cyber security challenge never end, no matter how secure an exchange is the cyber criminal will always want to have the means of entry. Most exchange never notice the activities of cyber criminals) not until when damage is done, by the time of notice, many valuable asset and lot of fund are been stolen already which will really affect market sentiment and loss of many investors and develops.
Like every other platform where DOS nutigation, anti-phishing and 2FA is use is an option for solution, ONAM has far develop beyond that only by developing its own Advances Threat prevention, intrusion Detuction and Trade surveillance.
These are being powered by machine learning along with an encrypted databases to secure its exchange platform.
With this machine there is the possibility to defect irregular activities and the Advanced Threat prevention system will fag any problem, in real time, preventing breaches very early enough.
Scalability
These problem is a growing one in some exchange whereby most platform in area of their transaction, have the problem of delay. Transaction are just too slow that limit the amount of Transaction perform in a day.
With transaction been slow traders most times feel discourage in trading in exchange but ONAM platform easily perform that, whereby its withstand heavy load and give a ultra high performance where it could perform 10million transactions per second with latencies as low as 40 seconds.
Market Manipulation
Many Exchange platform have difficultly in trucking and analyzing suspicious activities but with ONAM machine, there is possibility of learning Real Time Market survelance that will supervise thoroughly in order to analyze pre-trade and post trade data that will identify suspicious activity like spoofing, hammering, fronting and many more.
Customer Support
20 Percent out of 100 exchange have this feature of customer care even some who has refuse to utilize it where they give no freedom to users to express or make complains but ONAM offers 24/7hours in 365 days live customer support via chat which attend with different languages that allow user to communicate (complaint or express) and issues are been address within 15min via a support ticket system.
Note: ONAM intends to offer phone support 6months after launch.
Compliance
“The SEC has taken the stance that almost all token issue are security issues. This has resulted in multiple subpoenas to various companies launching ICOs, Licenses are necessary for initiating public offerings and ONAMtop legal representatives are all informed on the latest positions regarding SEC and its view on ICO activities”.
Poor Market Liquidity
Many Exchange don’t have the best features where they can use to attract more user to their exchange but ONAMcan attract very large miners, traders, to their platform because they have the quality of fighting high spillage and market manipulation issues by enlisting book orders from multiple exchange and with enough trader will be interested in using the platform.
ONAMState of Art Security and Complice
Enterprise Grade Security
ONAM use its machine learning to prevent threat, so also ONAM does not store user password, at the end of every transaction data are encrypted before sending it to its main database.
Anatomy Laundering:
ONAM uses its machine ;earning to be able to check across customer data through international database and flag any suspicious act and behavior of cybercriminal before any of such happens.
Quarterly Analits
“ ONAM non technical layer of defense, auditing is a philosophical commitment of the company as well as a form of mandatory compliance that keeps ONAM to performing best practices”.
Employee Background Checks and compliance training
Employee will benefit from ONAMcompliance training that will make employee go through background checks before starting with the company in order to ensure the security of the platform to prevent bad worker being hired in other not to jeopardize with customers fund.
Challenges and reality of ONAM(FEATURES)
ONAM has its define objective over the exchange market, as it tends to create a good trading experience to traders in the act of employing a state of art high performance trading platform. ONAM reality to the exchange market include:
Advanced Order Types:
These option made it easy and hand held for users because t make held Beasy for user to choose and use option on their own, and it help users to be more successful in every day to day trading experience.
Margin Trading:
It is an access to regulatory complain where users can play a small percentage to beverage a high buying power.
Margin Lending:
This option allow the users to earn interest on the fund which they lend other trader and have the possibility of picking their own rate and duration they desire loan should be refunded.
Composite Index Fund:
This is done on a monthly bases where users are given the access to a smart and secure crypto assets.
Paper Trading:
In the commitment of helping a new and novice use to have a good trading experience of the platform, ONAM will allow users to test market condition and order type without the commitment of their actual capital.
Modular User Interface:
ONAM platform allows and also give access to users to customize their trading page to the way user want it to make it sufficient for them enough.
Trade Assistant:
This is a feature which is powered by ONAMmachine learning which proud trade signal alert that limit risks in the essence f viewing and accessing the current position, account balance, personal tolerance owned by users.
Auto Trading (Trading strategy back-testing)
this feature allow the trader to create a trading but using the indicator they prefer and using pre-made strategies of their choice.
Social Media and Market Sentiment Analysis tools:
Users are allow to use their social media which is being powered by machine learning for an ultra-fast information of market condition in order to make a better decision on trading.
Market Scanning:
This is also an option powered by the machine learning which serve as a market scanner. The scanning tools will allow user to find different coins and token and choose based on their choice and this will make them much focus on trades on time rather than spending hours scanning the market manually.
Advanced Charting:
ONAMcreate the technical analyses tools and these tools provide help for users chart given on any other platform. It is tools that help optimize historical analysis of users trading activities without the need of spending extra funds.
Trading Expert Coaching:
New and novice users are given a tutorials on trade through the experts via a video tutorial ad articles.
News and Announcement:
ONAMplatform provide update, news and announcement to users regarding cryptocurrency latest news and news based on spikes during the trading hours.
Push Notification:
All active activities will be pushed to users to keep them updated about any current and new information.
OTC Trading:
ONAM facilitate buying and selling for investors without adding valatability by ensuring a trustees smart-contracts for a smooth swap of fund and assets.
Multi Language User Interface:
ONAM is committed to providing a like chat with option of users using their preferred language. The live chat is always available 24/7 to support user at any time of the day.
Affiliate Programme:
ONAM are into different affiliate programs where they reward each user brought by other user and their marketing efforts.
Exchange Fee
Exchange fee are fee which are in form of investment that some mutual funds change to shareholders transferring or performing transaction in an exchange market.
ONAMhas a special function for their exchange fee that make trader convenient and satisfied trading on the platform.
Deposit fee:
Some exchange charge fee on each deposit the user make, but ONAMallow users to deposit fee without changing a single penny from user that serves a benefit of investment to the user.
Withdrawal Fee:
This is a fee which is yet to be announced but ONAM ensuring that it could be free and could also be very cheap if a few is to be charged.
Exchange Trading Fees: To be announced
Tiered fee: To be announced
Margin Trading fee: To be announced.
Listing fee: To be announced
ONAMICO
ICO schedule and token sale details
The ONAM team is eager to offer people the opportunity to participate in their crowdsale, ONAM will be offering ERC-20 token named ONAM based on the Ethereum network, crowdsale will be conducted in BTC and Eth.
The ONAM ICO will begin on Oct. 1st ended Dec. 21st until all 196,000,000 tokens made available for crowd sale.
- Total number token = 300M
- Total crowd sale limit = 195M
ICO schedule and Token sale details
ICO Token Allocation
195,000 ONAM Token allocated for crowd sale represent 65% of total supply, the remaining 35% will be distributed as follows:
- 20% - tam share (50% after sixth month of launch)
- 10% - emergency reserve year for market liquidity)
- 5% - Bounty, Advisors, strategic partners
Token Sale fund Allocation
- 50% - Development of ONAMplatform
- 25% - Marketing
- 15% - Operations
- 10% - Legal expense
USER CASE 
Sandra is a business woman who sells internet facilities, she heard about the blockchain and about cryptocurrencies, so she decided to give it a try by buying bitcoin and ethereum but after all search, she found out about many exchanges market where she can trade her coin,but unfortunately she found out most of the exchange features. Such as transaction fee, security, privacy has not been favourably, and she felt discourage but a friend of hers introduce ONAM, then she started trading on the ONAM exchange, since then she gave gain a lot of experience, investment, profit, trading with ONAM exchange and most especially she felt secured trading her coin.
MY VIDEO PRESENTATION
ONAM Road Map
ONAM TEAM
The ONAM Team consist of Knowledgeable individuals who have enough knowledge about the blockchain for a very long period of time.
FOR MORE INFORMATION AND RESOURCES
ONAM WhitePaper
ONAM Telegram
ONAM Reddit
ONAM Medium
ONAM LinkedIn
ONAM Instagram
ONAM Twitter
ONAM Instagram
ONAM Bitcointalk
onam2018
Twitter Link
https://twitter.com/dotmangraphics/status/1062371232941785094
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