ONAM; an exchange platform that will make a change
Introduction
In this publication I'll be discussing on a crypto currency exchange platform called ONAM
I'll be giving some cure features of ONAM , here you'll see why ONAM aim to work with regulator to compliant is so important .
Also I'll be showing some reasons ONAM should be preferable to its contemporaries.
So what's ONAM
ONAM is a complaint crypto currency exchange platform bent on offering the latest and optimum service to the crypto currency market as it has been able to point out the major pitfalls that is dominant in prevailing crypto currency exchange platforms such as ;
- insecurity
- Low scalability
- Lack of trust worthyness/transparency
- Low market liquidity -
- Lack of regulatory compliance
- Unavailability of customer support service
ONAM's solution
Yes it might be certain that may other exchange platforms claim to equally fish out most of these setbacks but now the question is; why should you take in this same claims from ONAM ?
You see, solving a problem doesn't end at knowing the problem but its also goes as far as using the right approaches to resolving the problem and that's what ONAM can proudly boast of.
ONAM proof security
ONAM have their own "Advanced threat prevention intrusion Detection, and trade surveillance system " which is driven by machine learning which aids in identifying irregularities before it affect the user account.
These systems is secured by encrypted databases it also has DDoS mitigation ,2FA solutions, and antu-phishing solutions thus goes along way to double check security issues.
Transparency
ONAM has a real time market surveillance and compliance system survey that also ensures from within that there is no malicious manipulation of any character /trade-type so with this market manipulation is almost impossible.
Scalability
ONAM has been able to out perform it contemporaries as it is equipped to manage overload as its capability of transactions reaches about 10 million capability per second with latency as low as 40 nano seconds
Improved liquidity
ONAM had equally spotted liquidity as being one of the most prevailing pitfalls of crypto currency exchange platforms, so ONAM equipped it's self with improving on it liquidity and equally enlisting books orders from multiple exchanges.
Regulatory compliance
Regulatory compliance is the most feature ONAM is known for. ONAM's tip legal representative are all informed on current position regarding SEC and it's view in ICO activities.
ONAM customer care
Insecurity will offer a 24/7 customer support medium where customers can reach ONAM for compliant and direction and comon issues will certainly be addressed within 15 minutes and ONAM will also initiate phone support for it's first 6 months of operation.
Why you should choose ONAM over others exchanges ?
From the strategy above it is clear that ONAM is no match for it contemporaries, the chart below shows the difference between ONAMand it's contemporaries
ONAM Again other exchange platforms
You could see from the chart above that ONAM has a significant difference in exchange fees from other top exchange platforms.
Compliant and security
Enterprise grade security; ONAM is certainly of not keeping password neither does it encrypt sensitive data before exporting to its database
Anti-market manipulation (AMM);
ONAM is very security conscious both the external and internal, it real -time market surveillance supervision and compliance system is powered by machine learning and I always constantly in operation.
ONAM also has an anti -money laundering surveillance (AML) still powered by machine learning this system filters customers data, ranks it and potentially identifies uncertainties before it sticks.
Quarterly Audit
Auditing is a philosophical commitment of the company as well as a medium of compulsory compliance that keeps on the top
Partnership
ONAM has teams up with BitGo "the market leader in institutional grade cryptocurrency service " to offer service custodian service to big institutional investors
Conclusion
ONAM is an exchange platform that will definitely make a difference in the crypto market equipped with the latest/most recent modification, low exchange fees, 10million per second with low latency, it will transform crypto exchange for the better.
Use case
Okon is a crypo trader that has been in the system for a while now and has known all the ups and downs of crypto currency trading but one thing he hasn't been able to master is how to maintain a secure transaction
He has been a victim of so many crypto security scandals mostly during exchanges. Due to this he has tested so many crypto exchange platform but I one still has one problem or the other
If it's above security scandals then it'll be non compliant, or maybe not scalable.
One day a friend introduced him to ONAM ,when he was told about the possibilities ,he thought it was too good to be true until he gave it a try and he was it all was a truth.
here is my video presentation hope you gain from it;
twitter link >>> https://mobile.twitter.com/etonjnr/status/1062290014049091586
Onamtwitter
For Reference and more information
ONAM Website
ONAM WhitePaper
ONAM Telegram
ONAM Reddit
ONAM Medium
ONAM LinkedIn
ONAM Instagram
ONAM Twitter
ONAM Instagram
ONAM Bitcointalk
This my submission for the @originalworks steemit writing contest, click on this link for participation https://steemit.com/crypto/@originalworks/1300-steem-sponsored-writing-contest-onam
Onam2018
This post has been submitted for the @OriginalWorks Sponsored Writing Contest!
You can also follow @contestbot to be notified of future contests!
Congratulations @zackie! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!