OMPFinex exchange introduction: OMPFinex Exchange (Ogen Mashregh Pars Group) has started its official activity in the field of providing services related to cryptocurrency trading since 2020. OMPFinex is the first digital currency exchange with demo account and robot trader in Iran, which has provided a safe and fast platform for buying and selling Bitcoin and altcoins. The term OMP is an abbreviation of Ogen Mashregh Pars, and the term Finex is a combination of the two words Finance and Exchange. OMP Finex exchange is centralized and users can do their transactions in the field of digital currencies in this exchange.
OMPFinex exchange introduction: Checking the main features
According to Iran digital economy annotation, to choose an online cryptocurrency exchange, you should research the features that are important to you. Features such as security, fee amount, volume of transactions, variety of currencies, duration of transactions and settlement, support, etc. In this section, we will examine some of the main criteria for identifying a valid digital currency exchange in the OMPFinex exchange:
High security and credibility of OMP Finex exchange
Considering the increasing progress of science and the introduction of various technologies, the topic of security in these technologies is very important. For this reason, the OMPFinex team has decided to create a safe platform for users, and the security-management cycle in OMPFinex has been implemented by the security team, so that users can do their transactions with peace of mind.
The security features of this exchange are as follows:
Security in OMPFinex critical infrastructures
The infrastructure security framework reviewed by this company is in a five-step cycle including collection, protection, detection, response, recovery, by which the system can be protected in the most standard way. This cycle examines and evaluates various parts, the most important of which include the following:
– Security Analysis: This system can collect all existing threats and detect threats and behavioral anomalies by analyzing them.
– Intrusion Detection: This system begins to transfer the data of monitored systems to the server in an agentless manner to identify malware or suspicious behavior by checking them.
– Log Data Analysis: This system sends all operating system logs periodically to be reviewed if needed.
– File Integrity Monitoring: This system examines the changes in operating system files. If any file is deleted, added or changed, it will be reported to the server to be checked by the system security manager.
– Vulnerability Detection: This system is designed by examining and identifying various vulnerabilities that are carried out under the supervision of the MITER ATT&CK project.
– Configuration Assessment: This system periodically examines unsafe configurations of the server operating system based on security standards.
– Incident Response: This section includes a set of scripts collected and prepared by the security team that, in the event of any abnormal behavior, takes an appropriate response based on the type of behavior.
– Regulatory Compliance: This system checks the compliance of some required security controls with international standards and regulations.
– Cloud Security: This system uses different modules to receive security data from cloud services such as Google, Microsoft, and Amazon to identify potential weaknesses.
– Containers Security: This system provides the ability to detect threats, vulnerabilities and anomalies on the Docker platform.
Security at the infrastructure level of digital currency platform
The Cryptocurrency Security Standard (CCSS) is a set of requirements for all information systems that use cryptocurrencies, including exchanges, web applications, and blockchain storage solutions. This standard aims to protect cryptocurrency information from data access. Unauthorized, sensitive information loss and data breach are provided.
CCSS is currently the security standard for any organization that manages crypto wallets as part of their business logic. This standard has 10 security aspects categorized into three levels By using this security mechanism, this exchange has been able to set up its platform to prevent the majority of fraud methods. It should be noted that all the currency assets of users are kept in the form of “cold storage” and are completely isolated from the system. A backup is taken, and this backup is also stored in another place, and if the entire system is compromised, or in case of any natural events, such as fire, etc., the users’ property will not be lost.
– Periodic security assessment: The security assessment includes steps that periodically test the security of the platform and other parts that have threats. OWASP and OSSTMM standards are used in security evaluation. Various scenarios are also examined, most of which include the Cyber Kill Chain.
– Servers based in Iran: All OMPFinex services, which include user information, especially financial information and confidential details of users’ digital assets, are completely hosted on servers inside the country. In this way, the risk of users’ assets being blocked or creating other similar problems due to financial sanctions against Iranian residents will be eliminated.
Transaction fees at OMPFinex exchange
In OMPFIinex, the transaction fee is a percentage of the total amount of the transaction and its calculation is as follows:
1. A fee is charged from both sides of the transaction.
2. A percentage of the amount of the converted currency is considered as a fee. For example, if you convert Ethereum to Rial, your fee is a percentage of Rial, and if you convert Rial to Ethereum, the fee is a percentage of Ethereum.
3. Transaction fees vary according to the volume of transactions and are calculated according to the following table:
Level | The volume of transactions in the last 1 month | Wage |
Blue | Less than 400 dollors | 0.0035 |
Silver | Between 400 and 1000 dollors | 0.0030 |
Golden | Between 1000 and 2000 dollors | 0.0025 |
Platinum | More than 2000 dollors | 0.0020 |
Trading robot | Any transaction volume | 0.0010 |
Deposit and withdrawal fees at OMPFinex exchange
1. “All” deposit fees are zero, except BabyDog currencies have 10%, Kishu 2% and Feg 2% transaction fees.
2. The fee for withdrawing digital currencies varies according to the type of digital currency, the type of transmission network and the level of network density.
Settlement procedure and rial withdrawals in OMPFinex
According to this exchange, the withdrawal of rials at OMPFinex is done faster to Mellat, Ayandeh, Saman, Melli, Tejarat and Sepah banks. Rial settlement time in other banks is based on Paya processing cycle. Riyal withdrawal fee in OMPFinex varies between 500 to 5000 Tomans depending on the withdrawal amount. It should be noted that the Riyal withdrawal fee is related to the banking system and is taken by the Payment service provider system , and OMPFinex is not a beneficiary in it.
The possibility of earning money without capital by inviting friends
Up to 30% of the commission of all transactions of people who are introduced by you to the OMPFinex platform, will be awarded to you forever. You can also allocate a part of this gift to the invited person by choosing different percentages. Just share your exclusive invite code or link with your friends and earn money from the digital currency market without capital.
OMPFinex support process
You can contact the OMPFinex support team through the online chat of the website and application and Telegram ID ompfinex_support, as well as by calling the numbers 05131790-05191009111-02192009212, 24 hours a day, on all days of the week. Also, for more interaction and comments and suggestions, it is possible to directly communicate with the management of the OmpFinex collection via email [email protected].
Other attractive and unique features of OMPFinex exchange
After reviewing some important factors about OMPFinex, in this section we will discuss other good features of this exchange:
– It has a profit and loss (PNL) calculation tool to analyze trading performance
– On the UMPfinex platform, you can convert those assets that have less than 2 dollors to Tomans or Tether either selectively or all at once.
– Instant deposit and withdrawal of real and foreign currency: OMPFinex platform with simultaneous support of the blockchain network of any cryptocurrency as well as ERC-20, BEP2, BEP20 TRC20 and KCC networks has provided the possibility of instant deposit and withdrawal of cryptocurrencies with the lowest fees.
– Traders’ big competition with special monthly prizes: On the 28th of every month, this exchange has special gifts for ten users who have earned the most profit in that month’s transactions.
– The OMPFinex platform supports Limit, Market, Stop Limit, Stop Market and OCO order types. This service can also be used as a tool to determine profit and loss limits.
– You can create a cryptocurrency gift card with different amounts and custom text on the OMPFinex platform and give it to your friends or family. You can also charge the user account of the desired person by entering the gift card code.
– By activating the trading robot on your account, you can specify that the robot receives the global price and adds a percentage to the price to buy and sell. This robot continuously places orders with the profit percentage you want.
– In this exchange, you can create a demo account, a test account with a virtual credit of 2000 dollors, which provides the opportunity to gain experience through trial buying and selling of digital currencies for people who have recently entered the digital currency market.
In this section of the introduction of Iranian digital currency exchanges, we introduced the OMPFinex exchange and examined the advantages, disadvantages, and other essential features for trusting and choosing an online exchange.
To compare Iranian digital currency exchanges and to know which one you should choose to start financial activity and buy and sell cryptocurrency, stay with us.