Crypto-based wagering on the Orbit exchange November 10, 2022 – Posted in: Featured Articles

Here is your solution if you actually want to discover an exchange that provides the same markets, odds, and liquidity as Betfair but are unable to access the latter because of restrictions. A growing number of bettors are currently using the cryptocurrency exchange Orbit to back and lay their bets, making it the finest Betfair alternative.

 

There are a lot of factors, to be honest, that makes the crypto Orbit exchange the top choice of bettors, but the attractive rates, great liquidity, and welcoming attitude toward consistent winners are the primary ones. Additionally, for your convenience, the cryptocurrency exchange Orbitx offers a huge selection of athletic events.

 

Football, basketball, tennis, boxing, baseball, cricket, cycling, esports, horse racing, greyhound racing, ice hockey, American football, motorsports, and even darts are included in the huge portfolio.

 

Even the pickiest gamblers can be catered to when it comes to betting types with Orbit. You can place bets on the following outcomes in this section: 12, accurate score (HT/FT), handicaps, double chances, first to start, moneylines, Over/Under, Odd/Even, period betting, BTTS, score casts, special bets (corners, cards, etc.), and manner of victory.

 

Another fantastic feature that sets the crypto Orbit exchange apart from the competition is the flat cost of just 3% on winning wagers, which is a significant advantage over Betfair. You can save a ton of money if you are placing huge stakes because this is substantially less than Betfair’s regular 5% fee. In relation to that, Orbit’s minimum amount for both back and lay bets is €6.

 

It’s time to go over how to access an exchange orbitx crypto account, how to deposit money using cryptocurrency, and how to start betting now that you are largely aware of what the operator is offering. You should be aware that a betting broker is the sole way to access the Orbit exchange cryptocurrency. This implies that you must register with a company like Brokerstorm in order to take advantage of the variety of payments it provides, particularly Bitcoin transactions.

 

What/who is a Brokerstorm? 

 

If you choose Brokerstorm as your betting broker, you will be pleased to learn that in addition to the other payment methods it supports, you can quickly deposit and withdraw money using Bitcoin. It’s important to keep in mind that the brokerage or betting agent will essentially arrange payments on your behalf. This means that you must use a single account that has been given to you by the betting broker in order to access the crypto Orbit exchange website and make transactions.

 

In addition to the information above, you may be asking how to begin funding your Orbit exchange cryptocurrency account and begin using it in practice. The simplest method for doing this is to select a cryptocurrency trading provider and create an account with them. You may purchase and trade cryptos, including Bitcoin, by signing up at a reputable exchange. In addition, you must link your cryptocurrency exchange account to a payment method. Then, following the usual verification process, you can purchase your first coins.

 

You still have some work to do before you can start placing bets on your Orbit exchange cryptocurrency account, so make sure to follow these steps carefully. In terms of security, it would be preferable to avoid using a credit card and instead use a bank transfer or prepaid card to make your payments at the trading platform.

 

Exchanges often impose a fee for each transaction, which is the cause. If the trading volume is modest, a fee may be flat or may be calculated as a proportion of the volume. Credit cards in this situation increase processing costs over and above the fixed transaction costs.

 

Therefore, it makes sense that you would want to put your back or lay bets at your exchange Orbitx crypto account after buying your first Bitcoin. Therefore, it’s about time to deposit your selected amount of Bitcoin to your account after logging in via your betting broker.

 

It is more than important to be aware that the crypto Orbit exchange practically converts your Bitcoins into FIAT currency, such as Euros or dollars, with each deposit. FIAT currency is any type of government-issued money that is not backed by a physical good, such as gold or silver, but rather by the particular government that issued it. The operator shields your available balance from any potential price change caused by the extreme volatility of Bitcoin, which is the explanation behind this. As you can see, your assets are entirely safe even if the price of Bitcoin decreases significantly because their worth won’t have altered. 

 

You should also be aware of the minimum deposit and withdrawal amounts at your exchange Orbitx crypto account through Brokerstorm since we previously referred to them as crucial. For the time being, we give our customers the choice to pay with Bitcoin. The minimum withdrawal is also $50, which is the same as the minimum deposit.

 

Additionally, you’ll be happy to learn that your first withdrawal from your Orbit exchange crypto account each month is also free. Both deposits and withdrawals are absolutely free, regardless of the amount. A tiny 1,5% fee is added starting with your second withdrawal of the month.

 

Final Word

 

We have all seen the amazing growth of cryptocurrencies over the past few years, including the crypto Orbit exchange, and we couldn’t help but fall behind the curve in terms of the accessibility of payments. Since bitcoin served as the foundation for everything, it is only natural that, thus far, it has effectively monopolized the gambling industry.

 

Nevertheless, a growing number of cryptocurrencies gain popularity over time and are also accepted by bettors. As a result, the operators will make more cryptos readily available for the convenience of the gamers. Therefore, join Brokerstorm and take advantage of our incredible goods, including Orbit Exchange and a variety of other well-known operators, if you don’t want to miss this chance to start betting with BTC at your exchange Orbitx cryptocurrency account.

 

Betting on Orbit Exchange with Crypto FAQs

  1. How Do I Back Bet on Orbit Xchange?

 

We discussed the distinction between the back and lay. For the markets that are covered, Orbit Exchange provides a set of odds. Let’s continue with the earlier wager, where there are two outcomes that have an equal chance of occurring.

 

The pink boxes are the lays, while the blue boxes are the back possibilities. If a specific back bet piques your attention, click the corresponding button. You can then select the amount you wish to wager and the potential profit will be displayed. A back bet has a liability that is always equal to the stake amount, meaning that you could lose more than you risked.

 

  1. Can I Choose My Own Odds?

 

The odds provided by Orbit are suggestions for the odds that are most likely to be accurate for the given selections, but if you are willing to take on more risk and place a wager at odds that are higher than those recommended by Orbit, or if you believe that another player would be willing to match your wager at odds that are more favorable to you, you can set your own stakes.

  • What Are Unmatched Bets?

 

Unmatched bets, which remain on the market until you cancel them, are available to interested gamblers as we already said. The amounts and pricing that are being provided fluctuate in real time as changes take place.

 

If the odds that bookmakers are offering change over time while your wager is still unmatched, you might want to adjust your odds as well if you want the wager to be accepted. If part of your wager was successful, you still have the choice to change the odds only for that portion to complete the wager.

 

Also Read: What Is Orbit Exchange Commission?

Also Read: Crypto-Based Wagering On The Orbit Exchange

Also Read: Who are the Best Betting Exchange sites and How to pick the Best Site?

Also Read: How to Sign in / Login into Orbit Exchange Sites?