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

[Ace44]

Onam private sale ending in approx two days, but I don't know if they reached softcap or not. I need to check what is the softcap, but it will be good if team confirm the same.

it didn't reach softcap yet but its halfway through softcap and may be it'll hit softcap with remaining private sale!
because a exchange with this many feature will do a lot of good stuff in future as they don't get much affected in market conditions!

Did you get your information about its soft cap from the official team? Because I can't find it on the website. Besides, it's only private sale, talking about soft cap might be a bit too early.

There is no need to hurry-up and end up making false statements. If they reach softcap, team would have already informed in the social channels. Just wait for the confirmation from the team.

You're right, it's always necessary that we learn to make our decisions based on statements that has been dropped by the team, making such official, so we don't convey messages that are either false or may cause FUD and that's also a major reason why we need team members active, to debunk any fake statements before is too late

[cryptossi]

Where is this legally registered? Couldn't find from the website nor from the whitepaper.
So many exchanges are being built everyday, users have the right to know if they have legal docs or not.
Their features are commendable but are we really safe and secure using that exchange?
You stated that your security is one of a kind, have you considered quantum attacks?
We are now in a different stage of technology. Quantum computers might be commercially available before we know it.

that’s some damn good questions hopefully they answer here as I’ve wondered several of those myself, but th se are questions that even large established exchanges haven’t answered many of then

Yeah it's really a good questions. We must really know if we will going to be safe on the project and on their exchange. I hope team will going to answer this question too.

I think the team is not ready to answer some of my few queries here.
Even satisfying my first question would be enough for now.
Users or traders at least should know if their upcoming exchange is legit.

Yes, I second your question about the registration of the ONAM exchange, I believe the company was set up in the Virgin Islands and the two co-founders are based in Alabama in the US. They should really have this information available on their homepage. Also, I would like to see which countries they are targeting for their market? They must have a certain geographical area they are targeting.

Legit inquiry and I think the same too; They are suppose to be SEC compliant so I am guessing they are also registered in the US? but it is best we wait for their official response or maybe one could ask them on telegram. In regards to Quantum computers I think they might be commercially available but I doubt it will happen in the near future. Plus quantum attacks are not that scary tbh; I mean take the birthday attack for example the speedup was not that impressive going quantum. Even better there are algos in the tests that are quantum proof anyways.

Yeah, I'm going to ask the ONAM team on telegram so I can get some further clarification surrounding the registration. I just think they should make this information easily accessible.

[em777]

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i would suggest you take this to their telegram channel where you would be given proper listening hears and you should also know the team behind this project wants to get the best out of the platform

[faulerwilli]

deleted because of scam

[cryptossi]

I just read in the roadmap that in November the MVP should be published. And in December starts the beta. I'm looking forward to the tests, can I sign up?

This is excellent news, I can't wait to see the MVP and it's also really good that they're not waiting long after the MVP is launched to release the beta, I'm an impatient person and I can't wait to try the ONAM exchange.

[Benabe]

I just read in the roadmap that in November the MVP should be published. And in December starts the beta. I'm looking forward to the tests, can I sign up?

I also think so, what else am I new here too. I think this is a great way to generate decent income if someone really understands the basics involved in trading and having something to do by simplifying the whole process will make life easier for traders.

[phantam]

deleted as the CEO went and scammed investors and even his admins in telegram

[jwplayer0]

I just checked the Whitepaper and i saw the costs for trading fees (0.05%) this is very low costs your exchange need a good marketing plan..

[nimogsm]

I just read in the roadmap that in November the MVP should be published. And in December starts the beta. I'm looking forward to the tests, can I sign up?

Good question, too interesting me as it.Main what a command collected enough funds and did not bespatter development.

[Digitelow]

I just read in the roadmap that in November the MVP should be published. And in December starts the beta. I'm looking forward to the tests, can I sign up?

Good question, too interesting me as it.Main what a command collected enough funds and did not bespatter development.

It is true that we have to review each project, especially for the company you are referring to and they must really have this information available on their homepage.

[phantam]

I just checked the Whitepaper and i saw the costs for trading fees (0.05%) this is very low costs your exchange need a good marketing plan..

Ya  I definitly they should be including it in their marketing materials I mean getting these kind of fees is great and should easily draw traders into the company

[RyCriptoC]

Onam private sale ending in approx two days, but I don't know if they reached softcap or not. I need to check what is the softcap, but it will be good if team confirm the same.

That's why it is the Private-Sale, nobody besides the team know how many tokens they have sold. I think that ONAM can reach the softcap in the Private-Sale. We will see in two days.

So we have to wait for few more days to know how much the have raised till now.  I think they have received good response for private sale.

[Anilbg]

I just read in the roadmap that in November the MVP should be published. And in December starts the beta. I'm looking forward to the tests, can I sign up?

This is excellent news, I can't wait to see the MVP and it's also really good that they're not waiting long after the MVP is launched to release the beta, I'm an impatient person and I can't wait to try the ONAM exchange.

Awesome!  So within just a month we may have chance to tesst the MVP? It seems, Onam team wants to launch platform as soon as possible. Looking forward for MVP.

[ibininja]

Where is this legally registered? Couldn't find from the website nor from the whitepaper.
So many exchanges are being built everyday, users have the right to know if they have legal docs or not.
Their features are commendable but are we really safe and secure using that exchange?
You stated that your security is one of a kind, have you considered quantum attacks?
We are now in a different stage of technology. Quantum computers might be commercially available before we know it.

that’s some damn good questions hopefully they answer here as I’ve wondered several of those myself, but th se are questions that even large established exchanges haven’t answered many of then

Yeah it's really a good questions. We must really know if we will going to be safe on the project and on their exchange. I hope team will going to answer this question too.

I think the team is not ready to answer some of my few queries here.
Even satisfying my first question would be enough for now.
Users or traders at least should know if their upcoming exchange is legit.

Yes, I second your question about the registration of the ONAM exchange, I believe the company was set up in the Virgin Islands and the two co-founders are based in Alabama in the US. They should really have this information available on their homepage. Also, I would like to see which countries they are targeting for their market? They must have a certain geographical area they are targeting.

Legit inquiry and I think the same too; They are suppose to be SEC compliant so I am guessing they are also registered in the US? but it is best we wait for their official response or maybe one could ask them on telegram. In regards to Quantum computers I think they might be commercially available but I doubt it will happen in the near future. Plus quantum attacks are not that scary tbh; I mean take the birthday attack for example the speedup was not that impressive going quantum. Even better there are algos in the tests that are quantum proof anyways.

Yeah, I'm going to ask the ONAM team on telegram so I can get some further clarification surrounding the registration. I just think they should make this information easily accessible.

That would be great. If you are going to I think I will just await your response on that. It would be super if they have offices in the US at least then we will not have to worry about the comliance with SEC. I wonder whos is the legal team they have on board.

[Larsent]

I just read in the roadmap that in November the MVP should be published. And in December starts the beta. I'm looking forward to the tests, can I sign up?

This is excellent news, I can't wait to see the MVP and it's also really good that they're not waiting long after the MVP is launched to release the beta, I'm an impatient person and I can't wait to try the ONAM exchange.

Awesome!  So within just a month we may have chance to tesst the MVP? It seems, Onam team wants to launch platform as soon as possible. Looking forward for MVP.

The whole debate about quantum computers I think is just something that says proof or quantum resistance is a joke because they are not in the public so that their way is now to validate any claim like that. But we can speculate first before participating in it.

[gee777]

I just read in the roadmap that in November the MVP should be published. And in December starts the beta. I'm looking forward to the tests, can I sign up?

Wow. That's just next month. Will the mvp release be a private one or to the whole public? I hope it's a public test so that a lot of individuals can have access to it and give their own feedback.

[chan001]

Onam private sale ending in approx two days, but I don't know if they reached softcap or not. I need to check what is the softcap, but it will be good if team confirm the same.

it didn't reach softcap yet but its halfway through softcap and may be it'll hit softcap with remaining private sale!
because a exchange with this many feature will do a lot of good stuff in future as they don't get much affected in market conditions!

Did you get your information about its soft cap from the official team? Because I can't find it on the website. Besides, it's only private sale, talking about soft cap might be a bit too early.

There is no need to hurry-up and end up making false statements. If they reach softcap, team would have already informed in the social channels. Just wait for the confirmation from the team.

Agree. wait for Onam team to make official announcement about softcap or total number of tokens sold. Onam team is transparent and will provide proper info.

[ONAM_Official]

Onam private sale ending in approx two days, but I don't know if they reached softcap or not. I need to check what is the softcap, but it will be good if team confirm the same.

it didn't reach softcap yet but its halfway through softcap and may be it'll hit softcap with remaining private sale!
because a exchange with this many feature will do a lot of good stuff in future as they don't get much affected in market conditions!

Did you get your information about its soft cap from the official team? Because I can't find it on the website. Besides, it's only private sale, talking about soft cap might be a bit too early.

There is no need to hurry-up and end up making false statements. If they reach softcap, team would have already informed in the social channels. Just wait for the confirmation from the team.

Agree. wait for Onam team to make official announcement about softcap or total number of tokens sold. Onam team is transparent and will provide proper info.

Hey there, we have raised around 5000 ETH and have sold 13,750,000 Million tokens (plus, little more pending investments, waiting for their paperwork to finalize) since we launched 14 days ago. We are expecting to sell out of all Private Sale allocated coins by end of business day on Monday as long as all paperwork from private investors go through on time (which they will). We will not hit softcap during our Private sale since we allocated fixed amount of tokens for each round of our Crowdsale. If we sell out of Private Sale allocated Tokens early, then our system starts the Pre-Sale round of our Crowdsale immediately. We are at about 40% of our softcap goal.

[AngelJoshua]

I have just gone through several pages of the thread and I am not seeing any team member of the project here, why is that? 

This is a start-up buddy. And I guess they are busy with their some work. We will see them soon in this thread.

I've already read some of them here, maybe you've just overlooked that. Of course, they have better things to do than watching the BTC thread all day. I think the community can help itself here

Yeah. Onam team is responding to the query raised here as well as at telegram channels.  Answering all queries raised here is not easy job.

I heard that they are really much active in telegram channel. Can somebody please give me the telegram channel link so I can ask my queries there?

Yes they are really active on their telegram channels. It's great to see that the team are happy to answer all the questions of their supporters and investors there.

[nxnqauff]

with other traders on the online exchange who simultaneously run the ONAM Trade Assistant.
Hopefully Onam can become a leading stock exchange and can follow in the footsteps of a market that is very successful now

You mean crypto exchange? I geuss thats just typo. As far as I know ONAM will not be a stock exchange. Correct me if I am wrong.

well it can be said a stock market as well as crypto market!
this market will be bringing so many new features like Margin Trading!
its indeed a new thing to see in crypto exchange!

they should add the stop lose feature, because this is a crypto currency that is very high in volatility, this feature will help traders and it is very useful,
if ONAM has these features, its look good, this is my advice

I like stop-loss in stock trading. But not sure whether this would be helpful in crypto. Its for the same reason explained by you that is high volatality.