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Topic: ⭐[ANN] [ICO] ONAM Exchange - Globalizing Seamless Trading Under One Platform⭐ - page 64. (Read 32319 times)

member
Activity: 672
Merit: 11
I really appreciate ONAM's efforts to cut out market manipulation. They are going to implement AI technology that will screen all the trades on the exchange and they will be able to sniff out and remove any suspicious activity. This is great for other users as it makes the overall experience more transparent and fair and no whales can control prices on markets.

The term whales is now synonymous to a mafia gang Grin, doing their bidding unchecked and it will be nice to see such been curtailed to a minimum,onam seems to have gone through the loopholes of other exchanges and map put modalities to take care of such, that's why they seem to be triggering some sort of frenzy in the community, between, has anyone noticed the rapid increase in their community base?

There is much fake action going on under the hood of many exchanges. It would be great to see this changing. From my talks with the admins they are quite focused on the compliance part. Even crypto trading would require KYCing

You're right about that and it will be nice to really see a change, the fact is, once they start doing what they stated, it will encourage users to come in and try them out because they are doing something differently and they should be dedicated in ensuring that they stick to what they started, it will really go a long way in creating a good platform
jr. member
Activity: 574
Merit: 1
when you are fed up transfer your crypto to me
When I was discussing with Onam's telegram admin team  last time, they had mentioned about including new currencies for trading at Onam platform. Waiting for the announcement, want to see what are those currencies.
If you check their Twitter they have announced a couple of crypto currencies that they are going to have on their exchange, here is the tweet: https://twitter.com/OfficialOnam/status/1053205751156690944.

Counted 25 tokens. Not bad for a start. Some of the tokens I recognized and some I didn't recognize but I believe they are all good tokens anyway.

This is old tweet when they announced first 25 currencies, I dont see any new currency added in the list. I am not sure if I am missing anything?

No. I think you are right. Its old news. For crypto one week itself is too late. But they will sure to consider some stable coins as well. There were some conversations about it in their telegram channel.
I seen this news I guess before a week. But I still don't know that which pairs are listing with 25 coins. I mean with BTC and ETH pairs or with FIAT currencies.

That's true, we have the list of coins which is listing on Onam but can we know that which pairs they are allowing for trading?

I asked in Telegram channel what trading pairs they will offer at the exchange launch. They will offer ONAM, BTC and ETH trading pairs at the beginning. They are working to get a license for FIAT trading pairs as well. But this won't happen before Q2/2019.


If they manage to get fiat to crypto trading pais then everyone will jump to Onam exchange.  This is what is missing from many exchanges.

Yeah, they'll surely get influx of people if they can get that up and running.

Are there any exchanges who offers crypto to Fiat pair for trading? I know exchange offers ETH to USD or BTC to USD conversion, but i am looking for trading with other crypto pairs.


i don't think such exchange platfrom exist right now but it going to be a really awesome thing if any platform can provide such combo
newbie
Activity: 392
Merit: 0
Do you guys have partnership with tradingviews?
i believe Trading View provides free API for for Monitoring realtime Trading information!
So i don't  think any partnership really needed! They can just go on and integrate That in their exchange 

Oh. That's nice. But it will look official and legit if they do some kind of partnership and announce that they will be using their services on the onam platform.

If I am not wrong so trading view is not trading platform I guess and there is no partnership with Onam.
Trading View is a Realtime Trading Chart maker!
It uses API from different exchange to make successful chart of a Currencies Trading with the realtime data they  acquire!     
And i Don't really know if they need to maki any Partnership or such!
So basically Onam will not using their own chart ? They are going to use chart from TradingView platform?
jr. member
Activity: 420
Merit: 2
Do you guys have partnership with tradingviews?
i believe Trading View provides free API for for Monitoring realtime Trading information!
So i don't  think any partnership really needed! They can just go on and integrate That in their exchange 

Oh. That's nice. But it will look official and legit if they do some kind of partnership and announce that they will be using their services on the onam platform.

If I am not wrong so trading view is not trading platform I guess and there is no partnership with Onam.
Trading View is a Realtime Trading Chart maker!
It uses API from different exchange to make successful chart of a Currencies Trading with the realtime data they  acquire!     
And i Don't really know if they need to maki any Partnership or such!
copper member
Activity: 658
Merit: 0
Empowering crypto w/ sustainable energy
Do you guys have partnership with tradingviews?
i believe Trading View provides free API for for Monitoring realtime Trading information!
So i don't  think any partnership really needed! They can just go on and integrate That in their exchange 

Oh. That's nice. But it will look official and legit if they do some kind of partnership and announce that they will be using their services on the onam platform.

If I am not wrong so trading view is not trading platform I guess and there is no partnership with Onam.
member
Activity: 420
Merit: 11
I really appreciate ONAM's efforts to cut out market manipulation. They are going to implement AI technology that will screen all the trades on the exchange and they will be able to sniff out and remove any suspicious activity. This is great for other users as it makes the overall experience more transparent and fair and no whales can control prices on markets.

This is good in theory but in practice may not mean good business for them. The market depends largely on the activities of whales and limiting the performance of whales in the platform ain't good in totality

They might miss out on bigger trades but reducing market manipulation will attract more users which should cover any losses of whales leaving the platform. Market manipulation is extremely difficult to completely remove but exchanges should be doing all they can to stop it. ONAM is really showing they are focused on all their traders by taking this seriously.

Ok if you say so, and I understand perfectly your stand however there is now a great need for marketing and exposure for the project since they won't be depending on activities of the whales, more people have to come in like you rightly pointed out

Do Onam have the plan to use big crypto search engines like etherscan in the future for advertising??

25% from the ICO is allocated for marketing purposes. I think the ONAM team has enough reserves to start a marketing campaign, whenever they need one.
member
Activity: 728
Merit: 11
DocTailor IEO on Zloadr
I really appreciate ONAM's efforts to cut out market manipulation. They are going to implement AI technology that will screen all the trades on the exchange and they will be able to sniff out and remove any suspicious activity. This is great for other users as it makes the overall experience more transparent and fair and no whales can control prices on markets.

This is good in theory but in practice may not mean good business for them. The market depends largely on the activities of whales and limiting the performance of whales in the platform ain't good in totality

They might miss out on bigger trades but reducing market manipulation will attract more users which should cover any losses of whales leaving the platform. Market manipulation is extremely difficult to completely remove but exchanges should be doing all they can to stop it. ONAM is really showing they are focused on all their traders by taking this seriously.

Ok if you say so, and I understand perfectly your stand however there is now a great need for marketing and exposure for the project since they won't be depending on activities of the whales, more people have to come in like you rightly pointed out

Do Onam have the plan to use big crypto search engines like etherscan in the future for advertising??
jr. member
Activity: 420
Merit: 2
I really appreciate ONAM's efforts to cut out market manipulation. They are going to implement AI technology that will screen all the trades on the exchange and they will be able to sniff out and remove any suspicious activity. This is great for other users as it makes the overall experience more transparent and fair and no whales can control prices on markets.

The term whales is now synonymous to a mafia gang Grin, doing their bidding unchecked and it will be nice to see such been curtailed to a minimum,onam seems to have gone through the loopholes of other exchanges and map put modalities to take care of such, that's why they seem to be triggering some sort of frenzy in the community, between, has anyone noticed the rapid increase in their community base?

when you already mention it: i am sure, the mafia is also a big player in this game:-)
Let's see how successful Onam really is to avoid market manipulation. An Exchange alone will do little. But the others have certainly planned something similar
yes, I also noticed the growth of the Communtiy. a good sign, if several are interested in the Onam-exchange
You have a point there!
The so called Mafia plays the Game with using Bots in Exchanges!  So if ONAM can use their Bots AI againt them ruining The  game it'll be really amazing!
newbie
Activity: 392
Merit: 0
When I was discussing with Onam's telegram admin team  last time, they had mentioned about including new currencies for trading at Onam platform. Waiting for the announcement, want to see what are those currencies.
If you check their Twitter they have announced a couple of crypto currencies that they are going to have on their exchange, here is the tweet: https://twitter.com/OfficialOnam/status/1053205751156690944.

Counted 25 tokens. Not bad for a start. Some of the tokens I recognized and some I didn't recognize but I believe they are all good tokens anyway.

This is old tweet when they announced first 25 currencies, I dont see any new currency added in the list. I am not sure if I am missing anything?

No. I think you are right. Its old news. For crypto one week itself is too late. But they will sure to consider some stable coins as well. There were some conversations about it in their telegram channel.
I seen this news I guess before a week. But I still don't know that which pairs are listing with 25 coins. I mean with BTC and ETH pairs or with FIAT currencies.

That's true, we have the list of coins which is listing on Onam but can we know that which pairs they are allowing for trading?

I asked in Telegram channel what trading pairs they will offer at the exchange launch. They will offer ONAM, BTC and ETH trading pairs at the beginning. They are working to get a license for FIAT trading pairs as well. But this won't happen before Q2/2019.


If they manage to get fiat to crypto trading pais then everyone will jump to Onam exchange.  This is what is missing from many exchanges.

Yeah, they'll surely get influx of people if they can get that up and running.

Are there any exchanges who offers crypto to Fiat pair for trading? I know exchange offers ETH to USD or BTC to USD conversion, but i am looking for trading with other crypto pairs.
Few exchanges already have in market but I want to know that the Onam will offer FIAT to Crypto trading on their platform?
member
Activity: 630
Merit: 10
I really appreciate ONAM's efforts to cut out market manipulation. They are going to implement AI technology that will screen all the trades on the exchange and they will be able to sniff out and remove any suspicious activity. This is great for other users as it makes the overall experience more transparent and fair and no whales can control prices on markets.

The term whales is now synonymous to a mafia gang Grin, doing their bidding unchecked and it will be nice to see such been curtailed to a minimum,onam seems to have gone through the loopholes of other exchanges and map put modalities to take care of such, that's why they seem to be triggering some sort of frenzy in the community, between, has anyone noticed the rapid increase in their community base?

when you already mention it: i am sure, the mafia is also a big player in this game:-)
Let's see how successful Onam really is to avoid market manipulation. An Exchange alone will do little. But the others have certainly planned something similar
yes, I also noticed the growth of the Communtiy. a good sign, if several are interested in the Onam-exchange

Yeah, It's really exciting on how they will going to prove about that anti manipulating  thing because it's really unavoidable on all exchanges.
full member
Activity: 994
Merit: 140
jr. member
Activity: 448
Merit: 3
I really appreciate ONAM's efforts to cut out market manipulation. They are going to implement AI technology that will screen all the trades on the exchange and they will be able to sniff out and remove any suspicious activity. This is great for other users as it makes the overall experience more transparent and fair and no whales can control prices on markets.

The term whales is now synonymous to a mafia gang Grin, doing their bidding unchecked and it will be nice to see such been curtailed to a minimum,onam seems to have gone through the loopholes of other exchanges and map put modalities to take care of such, that's why they seem to be triggering some sort of frenzy in the community, between, has anyone noticed the rapid increase in their community base?

I don’t think we can take out manipulation nor the whales. C’mon these holder keep the market prices. I’ll prefer they curtail the effect like you said, that way no one gets burnt.
I like that they’re trying to protect every user on the exchange. Hopefully it turns out well. 
member
Activity: 490
Merit: 10
I really appreciate ONAM's efforts to cut out market manipulation. They are going to implement AI technology that will screen all the trades on the exchange and they will be able to sniff out and remove any suspicious activity. This is great for other users as it makes the overall experience more transparent and fair and no whales can control prices on markets.

The term whales is now synonymous to a mafia gang Grin, doing their bidding unchecked and it will be nice to see such been curtailed to a minimum,onam seems to have gone through the loopholes of other exchanges and map put modalities to take care of such, that's why they seem to be triggering some sort of frenzy in the community, between, has anyone noticed the rapid increase in their community base?

There is much fake action going on under the hood of many exchanges. It would be great to see this changing. From my talks with the admins they are quite focused on the compliance part. Even crypto trading would require KYCing
member
Activity: 672
Merit: 11
I really appreciate ONAM's efforts to cut out market manipulation. They are going to implement AI technology that will screen all the trades on the exchange and they will be able to sniff out and remove any suspicious activity. This is great for other users as it makes the overall experience more transparent and fair and no whales can control prices on markets.

The term whales is now synonymous to a mafia gang Grin, doing their bidding unchecked and it will be nice to see such been curtailed to a minimum,onam seems to have gone through the loopholes of other exchanges and map put modalities to take care of such, that's why they seem to be triggering some sort of frenzy in the community, between, has anyone noticed the rapid increase in their community base?
hero member
Activity: 1092
Merit: 500
I continue to be impressed with the admins on telegram they seem to really have some passion and think they can honestly give some of the bigger exchanges a run for their money, and when i talked to them they are developing the vast majority of their software if not all of it inhouse which is amazing to me.

What does developing in house means? Is it developing the software's with their own developers rather than contracting it out?
yes in house development means using your own human resources or other necessary resources from within the company or organisational employees, it has great benefits which we shall enjoy.
full member
Activity: 826
Merit: 102
I continue to be impressed with the admins on telegram they seem to really have some passion and think they can honestly give some of the bigger exchanges a run for their money, and when i talked to them they are developing the vast majority of their software if not all of it inhouse which is amazing to me.


When it comes to exchange,  software is most critical part. All depends on how smooth it works abd what type of feature is providing.  Good that Onam is developing it by themselves.

That’s great information. With In-house development of software, Onam Exchange promises security of funds. If they got experienced developers, and the testnet goes well then we are in for a treat once full product is released. They should concider some software that could be advanced and save time.
member
Activity: 420
Merit: 11
I continue to be impressed with the admins on telegram they seem to really have some passion and think they can honestly give some of the bigger exchanges a run for their money, and when i talked to them they are developing the vast majority of their software if not all of it inhouse which is amazing to me.

What does developing in house means? Is it developing the software's with their own developers rather than contracting it out?

I think so. To develop the whole software in-house, you need a lot of manpower. I think to create their own software is better and easier than delegating to an external software company. The implementation of your own ideas is more simple.
member
Activity: 728
Merit: 10
I continue to be impressed with the admins on telegram they seem to really have some passion and think they can honestly give some of the bigger exchanges a run for their money, and when i talked to them they are developing the vast majority of their software if not all of it inhouse which is amazing to me.

What does developing in house means? Is it developing the software's with their own developers rather than contracting it out?
member
Activity: 630
Merit: 10
I continue to be impressed with the admins on telegram they seem to really have some passion and think they can honestly give some of the bigger exchanges a run for their money, and when i talked to them they are developing the vast majority of their software if not all of it inhouse which is amazing to me.


When it comes to exchange,  software is most critical part. All depends on how smooth it works abd what type of feature is providing.  Good that Onam is developing it by themselves.

I agree, For me if some new exchange want to compete with other big and reputated exchanges now it will depend on their features and developing progress. If they will provide new unique features then it will really good.
jr. member
Activity: 280
Merit: 1
I continue to be impressed with the admins on telegram they seem to really have some passion and think they can honestly give some of the bigger exchanges a run for their money, and when i talked to them they are developing the vast majority of their software if not all of it inhouse which is amazing to me.


When it comes to exchange,  software is most critical part. All depends on how smooth it works abd what type of feature is providing.  Good that Onam is developing it by themselves.
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