Future of Orbit Exchange: Commission, sports, and review January 13, 2023 – Posted in: Articles – Tags: , , , , , , , ,

In a short span of five years or so, Orbit Exchange has gone on to become one of the most successful betting platforms in most parts of the world. Orbit Exchange reviews have been fairly accommodating thanks to the various features and betting options the exchange offers.

What is Orbit Exchange?

Orbit Exchange functions with same odds and liquidity like Betfair, but is a different entity altogether. The primary function of Orbit Exchange is to cater to users who live in countries where they are unable to access Betfair due to it’s non-operations.

Orbit Exchange differs from Betfair Exchange in two ways; commission charged on winning bets, and the user interface.

Another major difference is that users are unable to directly sign up with the Orbit Exchange. Rather, one will need to use the services of a betting broker/agent to access the exchange. Once registered, head to the Orbit Exchange login page and enter your credentials to access tons of features.


Future of Orbit Exchange

Orbit Exchange is a relatively new platform and is still rapidly evolving. However, the decentralized and transparent nature of Orbit Exchange could position it well for future growth and adoption.

1. Increased adoption: As more people become aware of the benefits of decentralized betting exchanges, Orbit Exchange could see increased adoption among users.

2. More markets: As the platform grows, it is likely to attract more users and liquidity, which could lead to the creation of new markets and betting options.

3. Improved user experience: The platform could continue to improve the user experience by adding more features and functionalities.

4. Regulation: The platform may have to comply with new regulations regarding online betting and gambling.

5. Increased competition: As the betting industry continues to grow, Orbit Exchange may face increased competition from other platforms that offer similar features and functionalities.

Overall, the future of Orbit Exchange will depend on a variety of factors, including the overall adoption of blockchain technology and the regulatory environment for decentralized betting platforms.


Benefits of Orbit Exchange

Orbit Exchange offers several benefits over traditional betting exchanges, due to its decentralized nature and use of blockchain technology.

1. Security: With Orbit Exchange, all bets are transparent and fair, and funds are securely held until the outcome of the event is determined.

2. Decentralization: As a decentralized platform, Orbit Exchange is not controlled by any single entity, which reduces the risk of censorship or manipulation.

3. Reduced fees: By eliminating the need for intermediaries, Orbit Exchange is able to reduce transaction fees, which can be passed on to users in the form of better odds and higher payouts.

4. Transparency: The use of blockchain technology allows for a transparent and auditable record of all transactions on the platform, which can help to build trust among users.

5. Stablecoins: Orbit Exchange allows users to bet with stablecoins which are pegged to the value of a fiat currency, this allows users to avoid the volatility of other cryptocurrencies.

6. Flexibility: Orbit Exchange allows users to create their own markets and set their own odds, which can lead to a wider range of betting options and better odds for users.


Orbit Exchange commission

Orbit Exchange users are charged a flat 3% commission on all of their winnings, which is lower than Betfair’s standard 5%. This Orbit Exchange commission rate allows bettors to save more money when betting high stakes.

Furthermore, unlike with Betfair, bettors are not charged any Orbit Exchange commission when they lose their bets.

One other advantage that Orbit Exchange has over Betfair is that there are no premium charges for bettors who consistently win. This makes it a profitable proposition for sports bettors.

Minimum Orbit Exchange stake/bet

The Orbit Exchange minimum stake is only €6 on both back and lay bets. This makes it affordable for most punters.

Orbit Exchange sports

Orbit Exchange covers a wide range of sports, including cricket, football, basketball, tennis, baseball, ice hockey, and many others. It also offers live betting, which allows users to place bets on events that are currently taking place. The variety of sports covered by Orbit Exchange is likely to change over time, and it depends on the popularity of the sport, the number of events that are taking place, and other factors.

The list of Orbit Exchange sports is as follows:

Cricket, Football, Tennis, Basketball, MMA, Boxing, Golf, Athletics, E-sports, American Football, Horse racing, Rugby, Baseball, Australian Rules, Cycling, Darts, Greyhound racing, Handball, Ice Hockey, Motorsports, Gaelic games, Netball, Snooker, and Volleyball.


Orbit Exchange reviews

The Orbit Exchange interface is extremely user-friendly and even individuals with not much knowledge of computers or the internet will be able to navigate their way around the Orbit Exchange site.

It has a similar look and feel as with Betfair. After logging in, bettors can access a wide range of sports bets from the menu.

Upon choosinga preferred sport, betters will be able to see upcoming/live matches, or search for a specific match with the use of the dedicated search function. Most punters who have tried out the platform’s features have shared positive Orbit Exchange reviews.

Orbit Exchange app/software

Currently there are no Orbit Exchange software or Orbit Exchange apps available. However, users can access the official website either on a mobile device or PC.

How to register on Orbit Exchange

First-time users must use a betting broker or agent instead of directly signing up with Orbit Exchange.

You should be able to access Orbit Exchange login for free and without difficulty from reputable brokers.

They accept a wide range of payment options, including Visa, Mastercard, Skrill, and Neteller, as well as Bitcoin and other cryptocurrencies, and permit free deposits and one free withdrawal every 30 days.

Through various exchange platforms, you can gain access to a large range of additional betting exchanges and bookmakers in addition to Betfair.


Orbit Exchange wager types

Players on Orbit Exchange can “back” bets, which are similar to betting with a bookmaker in that they determine the result of a game while determining the amount.

The other kind of participant is one who makes a “lay” wager. In this case, gamblers wager against the result of a game or specific event. Users can bet on a team that is predicted to win and also bet more on the team that will lose, boosting their chances of double their winnings. However, in this case, bettors will be matched against other participants in the exchange rather than the bookmaker.


Q. Do I need to submit any paperwork to Orbit Exchange to register?

Ans. A three-month-old proof of address, such as an electricity bill, credit card bill, or bank statement, together with picture identification such as a passport, citizen card, or photo driving licence, must be supplied. Additionally, a bank statement for the account from which the money to be sent is needed.

Q. Do you charge a service fee?

Ans. There are no extra fees or hidden costs associated with the service.

Q. What are the different payment options available?

Ans. Bank transfers can be used for both deposits and withdrawals, and other payment options like net banking, credit cards, debit cards, and UPIs are also supported. When setting up their bank accounts, users will be given our bank information.

Q. Is there a minimum withdrawal and deposit amount?

The minimum deposit is €10 or a comparable amount in another currency, and the minimum free withdrawal is also €10. (equivalent currency).

Q. How does the withdrawal process work?

Ans. Withdrawing money from Orbit Exchange is a reasonably simple process. Customers will just need to use the official website to request their withdrawal amount.