The Future of Mainstream Crypto Exchange

Great features offered by ONAM

Below is a summary of the features offered by ONAM

Source: ONAM Website

In addition, these are the other features and competitive advantages of ONAM

Trading Features

Powerful trade matching engine - Ten million transactions per sec
Automated trading bots
Algorithm Trading
Customizable multilingual modular interface
Technical analysis tools
Encrypted databases

Compliance & Security Features

Risk management via Machine Learning
Advanced Threat Prevention
Flag any potential problems in real-time
Intrusion Detection - machine learning
Fully Regulatory Compliance
- Broker-Dealer License
- Money transmitter license
- Alternative Trading System License

Benefit of Full Stack financial tools within ONAM's platform ?

Convenience for the common man
Ability to attract institutional traders
Faster execution of trades to maximise profits and minimise losses
"Mainstreamise" Cryptocurrency trading

Compliance with Regulators is a Cornerstone of ONAM

Despite being the dream of many purist crypto-enthusiasts, to have assets that cannot be regulated and controlled by a centralised body, it is an illusive one. Regulation is inevitable for a widespread, mainstream adoption of cryptocurrency.

Kudos to ONAM's pragmatic foresight!

In a Crypto regulation report by the Element Group, it cited 15 countries imposing restrictions and regulations on cryptocurrencies. And they also predicted that more is expected down the road.

If 2017 was dubbed the year of the ICO, then 2018 may well already be coined the year of regulation.

Being compliant with the regulators prevent the being shut down or shut out by the authorities. As much as being decentralized, governments can still control the operations of exchanges and block out the citizens access to crypto exchanges.

Here are some examples of government clamming down on exchanges:

Regulatory Compliance Benefits Everyone

Some form of regulation is in fact beneficial to crypto-investors, and also the society as a whole.

1. Regulation is Good for the Crypto Ecosystem

a) Regulation eliminates the Scammers!

Currently, the crypo landscape is pretty much like wild-west cowboy towns of the yester years! Scammers abound, from fraudsters, hackers, to outright ICO scams! Some examples reports are:

Cryptocurrency exit scams pilfered almost $100M from investors
$9 Million Lost Each Day In Cryptocurrency Scams

The high degree of anonymity make it so easy for the those theives. Working hand-in-hand with regulators, ONAM will help clean up the entire ecosystem, and will ensure it's sustainability and long-term prosperity.

b) Regulation reduces fear!

According to a survey conducted by Enrybit, Fear is the number 1 concern! Reducing fear helps to improve adoption rate.

Under the protection of the law, exchanges will need to weed out fraudulent practices like:

Pump and Dump
Market Manipulation
Momentum Ignition
ICO Exits

c) Regulation provides expertise

Working closely with the regulators allow exchanges to tap into the knowledge of the best pratices employed in traditional financial exchanges. This will allow ONAM to adapt and harden their platforms for the greater good of their users

d) Regulation propels mass adoption

With the bad actors gone, fear is eliminated. Afterwhich, more and more people will join in. Thus, it will eventually generate higher liquidity for cryptos.

2. Regulation is Good for the Humanity

a) Regulation allow authorities collect taxes

While taxes seemed like a bad word, it is actually taxes that funds the developments in many countries. With taxes, the governments could channel the money to:

Improve infrastructures
Create social benefits programmes
Reinvest into the business communities

So instead of just benefitting the few, it improves the lives of many. Well .. at least in theory .. it should.

b) Regulation prevent money from misused

Regulation prevents money laundering and other movement of assets of evil people like:

Mafias
Drug Lords
Terrorists

Use Cases of ONAM

For the everyday, ordinary people like John

For the common guy, who have limited resources and expertise, maximise the little that he has is of upmost importance.

ONAM 's features provide John with the following:

Margin trading
- Allows John to stretch his dollar to invest more
24/7/365 Prompt Support
- Assist John through the period of steep learning curve
- Helps John get better in his trading as he progress along
Low trading fee
- Enables John to exit his trades faster and minimise his risk
Automation
- Allowing John to leverage on the talents of others

For Jim the Institution Trader with billions under his management

Unlike John, with the huge amount of funds he is managing, it's more important to protect the capital than churn up enormous ROI. Typically, most high net-worth investors will rather take conservative profits with the assurance that their funds are safe.

Advanced Trading Tools
- Jim could fully utilise his trading skills to generate good income for his clients
- Jim do not need to scroll through multiple platforms to analyse his trades
Speed
- In a volatile market, prices of cryptos move extremely fast. The 10million transactions per second speed of execution gives Jim the unfair advantage to capture the best price possible for his clients
Margin Lending
- On quiet days, Jim could loan out his funds to other traders to continue making profits for his client.
Security
- With security, Jim can easily convince more of his existing clients to invest in cryptocurrencies because the element of fear is greatly reduced

Bonus! Bonus! Bonus!

Well we all love bonuses don't we?

Here's a bonus tip: ONAM is giving away it's tokens as bounties!

ONAM is generously giving away the ONAM token via several bounty hunts!

Join Bounty0x to join in the hunt NOW!!
Please use the referral code e24bab

PS: Before you start the bounties, link you social media and Telegram accounts FIRST!

Links to ONAM

Note:

This article is submitted for contest by @OriginalWorks
Unless otherwise stated, images are from Pixabay

Reposted from my blog at: http://steemlife.win/onam-the-security-first-crypto-exchange-with-a-dream-to-bring-cryptocurrency-mainstream/

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