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ONS Silver (ONSS)

Digital Silver Backed by Physical Oz of Silver

ONS Silver Token (ONSS), is a collateralised stablecoin running on the Avalanche C-chain, Polygon and Ethereum blockchains, and its price is always pegged to the ounce of silver.


ONSS ONS Silver Token

The Crypto Equivalent ofPhysical Silver (Ounce)

ONSS is a cryptocurrency with a physical equivalent. For every ONSS generated, the same value of ounces of silver is added to the company’s treasury.

ONS Silver Token (ONSS) aims to make silver more accessible to everyone and facilitate silver transactions.

Trade 24/7

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

Traceable on Blockchain

All ONSS transactions can be tracked on the blockchain.

1:1 Silver Exchange

The ratio between ONS Silver Token (ONSS) and physical ounces of silver stored in safe deposit vaults is 1:1.

No Storage Cost

Unlike physical 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?

ONS Silver Token (ONSS), which is issued in the equivalent of the physical ounces of silver, is generated on the Avalanche C-chain, Polygon and Ethereum blockchains. For every ONSS generated, the same value of silver in ounces is added to the company’s treasury. Investors can store ONSS tokens in compatible cryptocurrency wallets.

A smart contract has been created to maintain the supply-demand balance between ONSS and the ounce of silver. When an ONSS token is generated, the same value of silver is automatically added to the company’s treasury by this smart contract.

When the amount of silver in the company’s treasury decreases, ONSS tokens in the equivalent value are burned by the smart contract. Thus, the 1:1 ratio between the ONSS and the ounce of silver in the company’s treasury is always maintained. This ensures that the ONSS is not affected by sudden price fluctuations on cryptocurrency exchanges.

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 facilitates its holders’ access to silver. Thanks to blockchain technology, it is possible to execute the ounce of silver transactions with ONSS from anywhere in the world, every day and every hour. Due to the decentralized structure of the blockchain, there is no need for intermediaries such as banks in executing transactions with ONSS.

Peer-to-Peer Transfers

ONSS token transfers are done peer-to-peer, meaning that ONSS tokens can be sent directly from one wallet to another. Thus, ONSS transactions are much faster, cost-effective and safer than transactions with the physical ounce of silver.

Transparent Structure

ONS Silver Token (ONSS) is completely transparent. Stablecoin traders usually have to rely on the company’s declaration of collateral. You can always see the supply of ONSS and its physical counterpart on the blockchain.

Frequently Asked Questions

All the answers you seek about ONSS

What does ONSS offer?

ONSS is a stablecoin that offers price stability in the cryptocurrency market with sudden price fluctuations. With ONSS, whose price is supported by the physical equivalent, the ounce of silver transactions can be made 24/7 from anywhere in the world.

What is ONSS collateral?

ONSS is a collateralized stablecoin. For every ONSS token in circulation, an equal value of the ounce of silver is held in the company’s treasury.

How to buy ONSS?

You can easily and safely buy ONSS on Bitlo, one of the leading cryptocurrency exchanges in Turkey.

How to mine ONSS?

ONSS is not a mineable cryptocurrency. ONSS is supplied by Token Technology in such a way as to maintain a 1 to 1 ratio balance with the ounce of silver.

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