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

[Getadaaa]

i would like to know how much fees do ONAM is gonna charge its user?
and how much do you plan on keeping the withdrawal and receiving the tokens!

According to the White Paper on page 13 they charge a trading Fee of 0.1% ( taker and maker each way). There is no deposit Fee and the Fees for Margin trading, withdrawal and listing are unknown (tba).

I am concerned that the fee for withdrawing funds or wallet deposit on  exchange is not yet known. We can only hope that they will be small. I think you need to contact the team for some more details.

Withdrawal fees from onam wallet/account is very low. I can say they beat competitors to that. I like to see an easy KYC Process. That the reason most traders do have  accounts on different exchanges.

[1715192755]

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[1715192755]

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[1715192755]

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[kmntrci]

It's interesting to see that the team has specific registrations for accredited registrations, this is great it shows that the teams really looking to maintain global accreditation and regulatory compliance i really like that the team is taking these kind of differences into account

I couldn’t deal with this specific registration and it would be nice if devs put an account creation gide on their official website. This way it will be much easier to register.

[ripzombie]

Your Exchange will offer many features that beginners may not know so well yet. I'm sure you will provide assistance, but will this be available in different languages? Will you have the Exchange translated as a whole?

According to my experience of participation in crypto projects, the most important languages for translating technical documentation, website and even bitcointalk forum discussions are Chinese, Indonesian, Spanish, Russian, Arabic and Japanese

[faulerwilli]

deleted because of scam

[DreamerJ]

Your Exchange will offer many features that beginners may not know so well yet. I'm sure you will provide assistance, but will this be available in different languages? Will you have the Exchange translated as a whole?

What I understood is that they are going provide 24*7 support that too in multiple languages. So guess they will add tutorial/video about Onam exchang.

If I understood everything the right wa, then the first language will be English, but which will be the second language? Personally, it seems to me that it is worth adding a few more because it is important.

[saveeege]

i have seen similar project what i discovered is that most of this exchange platform have one or two things that set them apart i want to know that something that's going to set you apart, lately most new exchange platform wants to incorporate ATM card like service and Crypto-Crypto exchange. i would love to know what you intend doing that is different.

In fact, now there are so many different exchanges that has practically no difference and offer nothing new for the community. It seems to me that only one well-established system of trading  surveillance costs a lot..

[cryptossi]

I spoke to Damian on the ONAM exchange telegram and he confirmed that to qualify for the 50% discount, the number of tokens you hold needs to worth half of the value of the trading fee. For example, if you want to buy 1 BTC for 0.00001 BTC you need to hold at least 0.000005 BTC worth of ONAM. This is a good idea because it encourages larger traders to hold more tokens to qualify for discounts.

[shinjo]

Volume is one of the most important things for most new projects along with speculation because at least early on in the project most of investor sentiment is based on speculation of where the projects headed

Yeah. Very important in the business, that's why I think that most exchanges will not list token or a coin that will not have much trading activities or bring in more volume to the exchange.

In order to have large volumes of trades, is necessary to have constant development and advancement. I like the fact that the listing of 25 currencies has already been announced on the ONAM Exchange.

[TheFirstCreator]

Do I need to go through KYC for participation?

Hey there. Yes, we require all crowdsale participants to go through KYC. Don’t worry though, we have made the process very simple. If you have any questions about KYC join us on telegram and we will walk you through it.

Am interested in the KYC procedure too. Can I get your telegram Community link?
I heard it’s interesting there.

KYC is important factor for any ICO. Good thing is that, Onam says they have made process simple.

I also think that KYC is important for all projects, because it makes the whole process more secure. In my experience, no project all the projects that had KYC were successful.

[JohnYDillinger]

I am yet to come across the listing process of Onam.io I couldn't get this reply yet
Is there a vote process for listing in the exchange as well?

I think you should check with the team on their telegram channel. They would probably have an answer to this. I don't see any of the admins hetr.

Telegram channel is not very active, I think that most of the news is worth watching here in the discussion or on the web site, they are planning to translate it into some languages.

[Owillz]

Guy's I just want to know if anyone also facing same problem like me, after develope new landing page I couldn't get access direct social media links whenever trying from mobile but it's working from desktop site. So only I am facing this issue or have some people also?

Don't really get what you mean. Maybe you give a link or something to refer to for better understand of your point.

Let me explain you. On their landing page they kept some symbols of social medias. If we are clicking them so we are redirecting to their social medias accounts. But after updation of their landing page, if I am accessing from mobile browser I couldn't connect to their social medias.

OH. I see. Anyway, I am yet to see someone else make complains about similar experience, maybe it's just an issue from your end alone.

[nesh1]

Volume is one of the most important things for most new projects along with speculation because at least early on in the project most of investor sentiment is based on speculation of where the projects headed

Yeah. Very important in the business, that's why I think that most exchanges will not list token or a coin that will not have much trading activities or bring in more volume to the exchange.

In order to have large volumes of trades, is necessary to have constant development and advancement. I like the fact that the listing of 25 currencies has already been announced on the ONAM Exchange.

I agree that news had me shocked i thought they were going to put the basics on their exchange first but they got a lot of coins/tokens to be on their exchange.

[faulerwilli]

deleted because of scam

[cryptossi]

I spoke to Damian on the ONAM exchange telegram and he confirmed that to qualify for the 50% discount, the number of tokens you hold needs to worth half of the value of the trading fee. For example, if you want to buy 1 BTC for 0.00001 BTC you need to hold at least 0.000005 BTC worth of ONAM. This is a good idea because it encourages larger traders to hold more tokens to qualify for discounts.

Thanks for this information. So you have to buy some tokens, and not just 1 :-)
I think they are on a very good way with this tactic. I am always more convinced of this exchange. I was not so optimistic this year at any single Exchange-ICO. and there were really many

Yes you will probably need a fair amount if you are going to trade large lot sizes! Yeah the more I find out about their ideas the more I begin to believe in their vision. Definitely one of the best projects I have come across recently, they want to make trading fairer and improve the user experience compared to existing platforms.

[em777]

I spoke to Damian on the ONAM exchange telegram and he confirmed that to qualify for the 50% discount, the number of tokens you hold needs to worth half of the value of the trading fee. For example, if you want to buy 1 BTC for 0.00001 BTC you need to hold at least 0.000005 BTC worth of ONAM. This is a good idea because it encourages larger traders to hold more tokens to qualify for discounts.

Thanks for this information. So you have to buy some tokens, and not just 1 :-)
I think they are on a very good way with this tactic. I am always more convinced of this exchange. I was not so optimistic this year at any single Exchange-ICO. and there were really many

Yes you will probably need a fair amount if you are going to trade large lot sizes! Yeah the more I find out about their ideas the more I begin to believe in their vision. Definitely one of the best projects I have come across recently, they want to make trading fairer and improve the user experience compared to existing platforms.

well i like to believe the team did an in-depth research before starting their business i think they have solutions to the problems facing exchange platform

[phantam]

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

[ibininja]

Guy's I just want to know if anyone also facing same problem like me, after develope new landing page I couldn't get access direct social media links whenever trying from mobile but it's working from desktop site. So only I am facing this issue or have some people also?

Don't really get what you mean. Maybe you give a link or something to refer to for better understand of your point.

Let me explain you. On their landing page they kept some symbols of social medias. If we are clicking them so we are redirecting to their social medias accounts. But after updation of their landing page, if I am accessing from mobile browser I couldn't connect to their social medias.

Oh okay; I got it; however it is working now I've just double checked. Something I've noticed is that they apparently allow US investors. There is a form you can fill to show interest and then it goes from there. There is a different process though.

[Kinkadeinspired]

This is one of the few crypto exchanges that looks like they plan to offer some extensive methods to trade beyond what the existing crypto brokers have been offering it seems to put it more on the line of fiat to exchanges

Truly, they plan to offer extensive methods beyond existing exchanges and I think they have proved that to be the case with the amount of tools they are offering on the exchange to make trading easier.

[RyCriptoC]

This is one of the few crypto exchanges that looks like they plan to offer some extensive methods to trade beyond what the existing crypto brokers have been offering it seems to put it more on the line of fiat to exchanges

Truly, they plan to offer extensive methods beyond existing exchanges and I think they have proved that to be the case with the amount of tools they are offering on the exchange to make trading easier.

Good thing about this ICO,  is its one of the few projects who started developments of the product even before finishing the ICO.

[Owillz]

This is one of the few crypto exchanges that looks like they plan to offer some extensive methods to trade beyond what the existing crypto brokers have been offering it seems to put it more on the line of fiat to exchanges

Truly, they plan to offer extensive methods beyond existing exchanges and I think they have proved that to be the case with the amount of tools they are offering on the exchange to make trading easier.

Good thing about this ICO,  is its one of the few projects who started developments of the product even before finishing the ICO.

Blockchain projects are gradually shifting stands to supporting such projects more. Instead of selling us ideas, show us a project and we will know that your idea is feasible. Projects get more trust and support that way.