ONAM Exchange: Making Competition Irrelevant Through Unprecedented Trading Services
Introduction
According to information on Forbes
, there are over 1,600 cryptocurrency markets throughout the world, without any doubt, we have more market than entire coins/tokens that exist right now (those that are actively trading). Traders do not run out of choice of exchange as far as market is concerned. This has made it so difficult for traders, especially the novice to decide on best exchange to trade. The expert traders keep moving their assets from one exchange to another as soon as their is perceived threat.
Digital assets security is more important than profit to professional traders
When security threat is obvious, it is already too late to curb it. The pages of the web is littered with news about hacks through which several millions of dollars worth of digital assets has been stolen. Building reliable and security conscious exchange is paramount to cryptocurrency adoption throughout the world. People don't want to risk losing their hard earned money.
This article will succinctly highlight admirable features of ONAM cryptocurrency exchange such as;
- Regulatory compliance
- Low Transaction Fees
- Pool of Trading Tools
- Super High Transaction Speed
- All-Round-The-Clock Customer Service Support and
- Use Cases
Benefits of Low Transaction Fees
In choosing exchange platforms, one of the most important criteria that traders look at is commission. In as situation where a trader is day trading, JIJO (Just In Just Out) is a common concept in both forex and cryptocurrency trading due to volatility of the market. In this case, the profit margin is often small, but traders enjoy going on different trip with hope to aggregate profits at the end of the day. How will a trader feel when 40% of profit in a trade is gone to exchange commission? High exchange commission makes it difficult for traders to reach a conclusion to JIJO, thereby reducing market volatility. Also, super low transaction fees will attract lots of traders to try out ONAM platform, low liquidity exchange is a great turnoff for many. Low fees will provide required liquidity that will bring in more traders.
Availability of Financial Tools
Why should a trader open multiple tabs when he can have all necessary tools at the same place? The benefits of all encompassing exchange is huge; it saves time, internet data, and it enable traders to make quick and favorable decision.
Users will have access to advanced charting, on ONAM exchange, there is no need to use tradingview website. Auto trading is another sexy functionality that improves flexibility of trades. A farmer who is also a cryptocurrency trader can actually automate his trading actions while he focuses on other business. When margin trading, advanced charting, auto trading and order flexibility are combined, the most obvious outcome is profit.
With these tools, trading is oversimplified.
Impact of 10 Million Transactions Per Second Capability
What exchanges experience some kind of lagging is due to overloading, for instance, they are stressed out as a result of low transactions per second. It is as if many of them never thought that they will become big or experience high trading activities in the future.
Why ONAM Is Outstanding
The platform is capable of times five (x5) transactions of what top exchange are experiencing at the moment. Super fast exchange and high liquidity exchange is essential for market order to get filled at realtime.
All-Round-The-Clock Customer Service
This brings us to the common saying that 'customer is the KING' in every business, without them, there is no business. Entire cryptocurrency trading ecosystem is made up of exchanges that see no reason to respond to traders complaints until patient is squeezed out them. If customers are truly the king, they should be treated as such. This is why ONAM will have uninterrupted customers support cum live chat to resolve traders complains.
Know Your Customer (KYC) should be made easy and fast, 2FA reset do not have to take weeks as traders can lose out on important trades while they wait.
Live customer support keeps their confidence alive
On page 9 of ONAM Whitepaper, the organization reinstated her commitment to offering phone support within the first 6 months of full launch to make sure no issue goes unresolved.
ONAM's Compliance with Regulations Shows Value They Placed On Users and Business Ethics In General
In recent months, since middle of 2017, crypto news outlets are filled with scam ICOs (Initial Coin Offerings) and tokens. This call for strict regulation of supposed decentralized entities due to greediness on the part of project developers. Since cryptocurrency cannot easily be regulated throughout the world as different countries have different stands on it. Therefore, the country where a business is based have reasonable control on the industry to protect interest of here citizens. Market manipulation is rampant, and ONAM is prepared to protect traders.
Where is no law, there is no offence
ONAM, in a bid to protect users' assets, the organization will operate within the limit of the laws to prevent payment of unnecessary fines or total shutdown.
Use Cases
Janet want to start her career in cryptocurrency trading/speculation, she doesn't know exactly where to start from. Having consulted her male friend, he told her about ONAM exchange where she can register to get basic training on cryptocurrency trading through video tutorial depository that is available on the platform. She start her training, but before she could consume half of the trading materials, she began to practice what she's learned using demo trading on ONAM which does not require initial capital. While waiting to become an expert, she divided her capital into two, one for auto trading by using proven techniques of professional traders, and the other part for was loan to margin traders in return for interest. In both cases, she's making money while in the process of learning!
This is a example of what ONAM exchange can do for anyone, whether they are beginner, intermediate or professional traders.
Conclusion
Tripartite functions of ideal exchange are security, ease of trade and consistent customer support. Traders are always working to grow exchange through payment of commissions, so they deserve nothing less than super fantastic experience using their favourite exchange for trade execution. ONAM will continue to buy back ONAM token until only 150 million remain in circulation, this is a good strategy to ensure that value of token is increased.
ICO sale is ongoing, join to become a part of ONAM success story.
ONAM Team
Source: ONAM Whitepaper
Roadmap
Source: ONAM Whitepaper
My Video
Tokenomics
Source: ONAM Whitepaper
Token Details
Source: ONAM Whitepaper
For More Details About ONAM
ONAM Website
ONAM Whitepaper
ONAM Telegram
ONAM Reddit
ONAM Medium
ONAM LinkedIn
ONAM Instagram
ONAM Twitter
ONAM Bitcointalk
This project was brought to your notice by @originalworks, kindlely click here for more information.
onam2018
This post has been submitted for the @OriginalWorks Sponsored Writing Contest!
You can also follow @contestbot to be notified of future contests!
Thanks for using eSteem!
Your post has been voted as a part of eSteem encouragement program. Keep up the good work! Install Android, iOS Mobile app or Windows, Mac, Linux Surfer app, if you haven't already!
Learn more: https://esteem.app
Join our discord: https://discord.gg/8eHupPq
Congratulations @strongminded! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOP
Do not miss the last post from @steemitboard:
Congratulations @strongminded! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOP
Congratulations @strongminded! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOP
Do not miss the last post from @steemitboard:
Congratulations @strongminded! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOP
Congratulations @strongminded! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOP