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ONS Silver (ONSS)

Digital Ounces of Silver Backed by Silver

ONS Silver Token (ONSS) is a collateralized stablecoin that runs on the Avalanche C-Chain, Polygon and Ethereum blockchains and whose price is indexed to ounces of silver.

ONSS

ONSS ONS Silver

Ounce of Silver Cryptocurrency Hali.

ONS Silver (ONSS) is a collateralized stablecoin on the Avalanche C-Chain, Polygon and Ethereum blockchains.
ONSS is collateralized with Gram Silver (GRAMS) backed by physical silver . ONS Silver aims to make ounce silver trading much more accessible by bringing ounce silver trading to the blockchain and facilitate ounce silver transactions.

Trade 24/7

ONS Silver (ONSS) is a digital asset that can be traded 24/7.

Traceable on Blockchain

All ONSS transactions can be monitored transparently on the blockchain.

1:1 ounce silver equivalent

GRAMS of the same value are held as reserves against ONS Silver (ONSS). GRAMS are backed by physical silver.

No Storage Cost

Unlike physical ounces of silver, investors are not charged custody, transfer and administration costs.

Convertible to Turkish Lira

Investors holding ONSS can convert their assets into Turkish lira via the cryptocurrency trading platform bitlo.com.

24/7 Support

You can get 24/7 support for your token tradings to make an investment in the correct way.

How Does ONS Silver Token (ONSS) Work?

Produced for ounces of silver ONS Silver Token (ONSS) was created on the Avalanche C-Chain, Polygon and Ethereum blockchains. For each ONSS produced, the company’s reserve GRAMS of the same value are added. Investors can store ONSS tokens in compatible cryptocurrency wallets.

In order to maintain the supply-demand balance between ONSS and ounces of silver The smart contract has been created. ONSS the same value of GRAMS is automatically added to the company’s reserve by this smart contract. When the GRAMS in the company’s reserve decreases, ONSS is burned by the smart contract.

Thus, the difference between the ONSS and the reserve The 1 to 1 ratio is constantly maintained. This way, ONSS is not affected by sudden price fluctuations on cryptocurrency exchanges.

What are the Advantages of ONS Silver Token (ONSS)?

Price Stability

ONS Silver Token (ONSS), like all stablecoins, aims to provide price stability to its investors and protect them from sudden price fluctuations in the cryptocurrency market.

Trading without Middlemen

ONSS makes it easy for holders to access ounces of silver. Thanks to blockchain technology, it is possible to make ounce silver transactions with ONSS from anywhere in the world, any day and time of the day. The decentralization of the blockchain also eliminates intermediaries such as banks in ONSS transactions.

Peer-to-Peer Transfers

ONSS is peer-to-peer; it can be sent directly from one wallet to another. Thus, ONSS transactions are much faster, less costly and more secure than transactions with physical ounces of silver.

Transparent Structure

ONS Silver Token (ONSS) is completely transparent. Stablecoin investors usually have to rely on the relevant company’s statement on collateral.

Silver ETFsPhysical SilverGRAMS
Additional Fee19-40 bps per annumVariableNo
Minimum Transaction AmountHighHigh1 TL
Transaction Limit (min)VariableVariable1 TL
Transaction Execution Time2 DaysVariableInstantly
Instantly convertible✗︎✗︎✔︎
24/7 OperationCannot be doneCannot be doneCan be done
Transfer possibilityMiddleLowHigh
PropertyIndirectDirectDirect
Storage CostLowHighNo
AccessibilityHighLowHigh

ONSS contract wallet address:

Frequently Asked Questions

All questions about ONS Silver Token

ONSS Neler Sunuyor?

ONS Silver Token (ONSS) dijital transfer imkanı olan, erişilebilir ve 7 gün 24 saat alım satımı yapılabilen bir dijital varlıktır. ONSS, mülkiyet sahipliğini doğrudan kişiye vermektedir. 

ONSS Madenciliği nasıl Yapılır?

ONSS, madenciliği yapılan bir kripto para birimi değildir. ONSS, Token Teknoloji tarafından, ons gümüş ile 1’e 1 oran dengesi korunacak şekilde arz edilir.

ONSS Nasıl Satın Alınır?

ONSS, Türkiye’nin köklü kripto para borsaları arasında yer alan Bitlo üzerinden kolayca ve güvenle satın alabilirsiniz.

ONSS Teminatı Nedir?

ONSS, teminatlı bir stablecoin’dir. Dolaşımdaki her ONSS token’ın karşılığı olarak şirket kasalarında aynı değerde ons gümüş bulundurulur.

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