One of the best feature of Onam what I like that there have readymade trading strategy which is created by the Onam's experts or we can build our own strategy and create own trading bot.
It was discussed earlier in the thread. As some expressed the worry where everyone will have the same result given the bot utilizes the same strategy; But the team member clarified the point and that each has his own balance and his own coins and those play a major factor in the decision of the bot rendering each user differently or with a different strategy.
Yeah, I seen that. But I like that they have kept options about building our own strategies for trading. And this is also good already have ready bot which is designed by their experts.
Onam coming with lot of features, but I hope they will not charge huge listing fees. I have seen some big exchanges charging million dollars for listing.
I don't think Onam is going to charge million dollars for listing. But at the other hand I think they should collect enough money to support operations and security as well.
If i am right they want to compete with other big exchanges and it would be smarter to set the fees lower than those exchanges in order to get more people on their exchange.
I do not think that low fees are the deciding factor for using the Exchange or not. First and foremost, there must be many trading pairs and there must be the opportunity to trade directly with Fiat. And speed plays a big role. If a deposit takes too long, you will lose interest right at the beginning
Indeed, is the transaction speed a big point for an exchange. But more important is the security of the exchange and their accounts. From what I have read about ONAM, I think they can be one of the most secured exchanges.
Transaction speed, security, infrastructure, customer support, so many factors are there. And Onam is focusing on all these things.