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Security concerns are not the only issues facing by cryptocurrency exchanges nowadays. According to the recent research, some of the current problem raised by traders are poor Customer Support which includes the normal process of traders experience (e.g. registration and verification), High Trading and Withdrawal Fees, Fluctuations resulting to huge losses of traders and especially Poor User Engagement and Features. As a Full Stack Developer and currently Digital Marketing Assistant, U/I Designs and U/X enhancement are important for users to have an easy interaction and navigation.
Inline with this issues, Onam Exchange is ready to launch its own centralized cryptocurrency exchange that focuses on scalability built on the top of business enterprise infrastructures for future mass adoption. A truly Innovative Platform that is developed for Trader's desire for an exchange.
Why Onam Exchange is the most secured trading platform?
Security Risks is the most common problem of current cryptocurrency exchanges. Onam's solution is to prevent and minimize the hacking attacks. On the Top of (Distributed Denial of Service) DDOS Mitigation, they have created their own set of tools and techniques to resist any attacks. This feature includes Intrusion Detection, Advanced Threat Prevention (that can prevent any potential security breaches in real-time) and Trade Surveillance System powered by machine learning. With the help of M/L Machine Learning Technologies, it's very easy to track any irregular activities. Thanks to BitGo Partnership, Majority of Onam's funds will be stored in Multi-Sig Cold Wallets with enterprise-grade policy controls to ensure safety of customer funds, 100% of the time. In case of security breach, they have allocated a portion of their profits to Onam Insurance Fund to be able to cover any lost. According to Security Exchange Commission (SEC), overall cryptocurrency exchange remains unregulated and that's why Onam is in the process in working with regulatory to obtain Broker-Dealer License to become a fully compliant crypto exchange. This will attract investors and traders use Onam Trading Platform.
What are the features of Onam Exchange?
- Low Trading Fees - Onam charge 0.05% Fees. Customers will enjoy a discount on holding tokens and can access the premium features such as trade alerts, signals and etc..
- Live Customer Support - Onam Customer Support Representatives are live 24/7/365 available in different language.
- OTC and Margin Trading - Onam offers different types of trading for all customers which some of the major crypto exchange doesn't have.
- Paper Trading - For Beginner Traders, they can use dummy money connected to live data value to test their strategies and help them educate about trading.
- Premium Features - See more of what Onam's have here or read full details in whitepaper.
Onam Token Details
Onam Token is the key element of the platform. Its ERC-20 Tokens under Ethereum Blockchain. Participants can contribute using BTC and ETH. Note that contributors must pass the KYC/AML procedure in order to claim their Onam Tokens.
• Start Date: October 1, 2018
• End Date: December 21, 2018 (Can be changed prior to Onam Team Plan)
• Crowdsale Allocation: 195 Million Tokens
• Total Tokens: 300 Million Tokens
• Tokens Exchange Rate: 1 ETH = 2,875 ONAM / 1 BTC = 81,250 ONAM.
• Onam registration link
• Note: Unsold tokens will be burned.
Useful Links
Facebook ~ https://www.facebook.com/onam.official/
Twitter ~ https://twitter.com/OfficialOnam
Instagram ~ https://www.instagram.com/onam.io/
Reddit ~ https://www.reddit.com/user/ONAM_Official
Telegram ~ https://t.me/onamofficial