⭐[ANN] [ICO] ONAM Exchange - Globalizing Seamless Trading Under One Platform⭐ - page 65.

RyCriptoC

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Quote from: Cnote112 on October 29, 2018, 03:45:22 PM

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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.

phantam

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Bountyhive.io

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em777

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when you are fed up transfer your crypto to me

Quote from: Kinkadeinspired on October 29, 2018, 02:25:50 PM

Quote from: em777 on October 29, 2018, 01:20:18 PM

honestly speaking the technological concept onam is trying to incorporate into their exchange platform is really impressive but wouldn't all those advance technologies lead to a slow platform. because speed and ease of use is a very important aspect of UX (user experience)

LOL, that all depends on the server they host on, the amount of bandwidth they use and all. Having so many features on the website does not necessarily mean that it becomes slower. For them to start working on a project of this magnitude, every necessary preparation would have been made because the most important thing is UX

i get the point that it depends on the server but have you considered the fact that they will grow and as they grow more users and token will get involved with the platform by then they can't continue extending the infrastructure they will have to rely on efficient software implementations

cryptossi

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★Bitvest.io★ Play Plinko or Invest!

Quote from: Nathan01 on October 29, 2018, 05:16:23 PM

Quote from: cryptossi on October 29, 2018, 04:46:52 PM

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.

Nathan01

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Quote from: cryptossi on October 29, 2018, 04:46:52 PM

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

Kinkadeinspired

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Quote from: Getadaaa on October 29, 2018, 04:10:51 PM

Quote from: Zombie259 on October 29, 2018, 01:46:23 PM

Quote from: em777 on October 29, 2018, 01:20:18 PM

honestly speaking the technological concept onam is trying to incorporate into their exchange platform is really impressive but wouldn't all those advance technologies lead to a slow platform. because speed and ease of use is a very important aspect of UX (user experience)

You are right, speed and ease of use are very important, especially for new exchanges. According to the White Paper, ONAM has a solution capable of withstanding heavy load. You can find the part on page 8 of the WP.

Hopefully, we would try it politely soon. Speed makes a part of UX. I asked about how complicated it’s going to look especially for newbies. Fortunately, there’s an option for users to select an easy outlay.

But really, I don't see how the features will affect the speed of the platform, UX is the most important thing in a website and also the bandwidth and strength of the server determines the speed of the website

cryptossi

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★Bitvest.io★ Play Plinko or Invest!

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.

Getadaaa

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Quote from: Zombie259 on October 29, 2018, 01:46:23 PM

Quote from: em777 on October 29, 2018, 01:20:18 PM

honestly speaking the technological concept onam is trying to incorporate into their exchange platform is really impressive but wouldn't all those advance technologies lead to a slow platform. because speed and ease of use is a very important aspect of UX (user experience)

You are right, speed and ease of use are very important, especially for new exchanges. According to the White Paper, ONAM has a solution capable of withstanding heavy load. You can find the part on page 8 of the WP.

Hopefully, we would try it politely soon. Speed makes a part of UX. I asked about how complicated it’s going to look especially for newbies. Fortunately, there’s an option for users to select an easy outlay.

Cnote112

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