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Riding the wind and waves, ONLY is to be marketed on IDAX Exchange

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Riding the wind and waves, ONLY is to be marketed on IDAX Exchange

November 07
08:27 2019

OnlyChain (OC System), a public blockchain, was initiated by OnlyChain Limited and developed in 2016. The OC system has focused on a host platform for blockchain technology application, provided the underlying operating system for DAPP ecological development, and been committed to building a blockchain system ecology with the digital assets ONLY as the core value.

In terms of technological innovation, OnlyChain with the main consensus algorithm of dual BFT+DPOS and the innovative technologies of main-side chains isolation and two-way cross-chain interaction has reached more than 20,000 TPS in the regular performance test, creating a new high in the industry.

ONLY is reported to be marketed on IDAX Exchange (, which is an international trading platform originated from GBC (Global Blockchain Research Center) in 2017 and had been among the CoinmarketCap top 10 list.

IDAX, global leading digital asset exchange, is pleased to announce that we’re going to list ONLY project made the ONLY/USDT transaction available on IDAX Exchange since the following timings.

Deposit Time: November 8th, 11:00 (UTC + 8)

Withdrawal Time: November 10th, 11:00 (UTC + 8)

Transaction Time: November 9th, 11:00 (UTC + 8)

About Only

Token’s Full name: OnlyChain Token

Token’s abbreviation: ONLY


ONLY is the only Token on the public chain OnlyChain, which is the pass token for the ecological application and closed-loop ecological operation of the chain. Four uses of Only:‘mining’ reward settlement for super nodes, side chain nodes, and ordinary nodes; Proof of equity voted by the super node and the side chain node; The community vote is embedded in the application certificate of the application; Payment settlement of application circulation in the chain.

OnlyChain is an underlying operating system based on blockchain technology. The aim is to provide blockchain underlying technical support for blockchain technology application projects.

At present, the first development of the “chain of materialism” anti-counterfeiting traceability system on the first chain has begun to launch the application market, and has obtained a number of technical recognition and patent certification. And strategic cooperation with China Rights Protection Network to provide advanced technology for anti-counterfeiting and anti-counterfeiting, to protect the rights and interests of consumers.

The public chain is expected to Main network online and Open source code in December 2019. Other application projects are gradually being built, and the main online cable comes with applications.

Token distribution

Total Generating Coin:10 billion (of which 15% are for early sales)

The distribution ratio is as follows:

Technology development:50%

Commercial development:35%


Daily operation:5%

More about OnlyChain

OnlyChain Official website:

OnlyChain White paper :




About IDAX

IDAX ( is an international exchange platform originating from GBC (Global Blockchain Research Center). IDAX was founded in 2017 and within several months it gained to be in Top 10 exchanges of CMC rank. We provide IDAX users from all around the world with convenient, safe and fast digital cryptocurrency transaction service.

After launching Foundation in January 2019, IDAX has raised over $10 million among private investors and is now offering the opportunity to support the project by purchasing YAP tokens.

We value every user of the platform, and look at and maintain our relationship with users from a long- term perspective. As one of the world’s leading exchanges, we will strive to build the first users’ community system initiated and promoted by the exchange. Using our products and services to integrate into people’s lives, bringing joy and more opportunities to our users and society in general.

Risk warning: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. IDAX will make best efforts to choose high quality coins, but will not be responsible for your investment losses.

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Media Contact
Company Name: IDAX
Contact Person: Kelly Wang
Email: Send Email
Country: United States