What is an Orbit Exchange account? Benefits and features December 9, 2022 – Posted in: Articles – Tags: Orbit exchange, Orbit Exchange Commission, Orbit Exchange Registration, What is an Orbit Exchange account?
Introduction
Established in 2017, Orbit Exchange is one of the world’s largest online betting exchanges and was introduced as an alternative to betting with traditional bookmakers with better features and higher odds and profits. Bettors these days have begun using Orbit exchange as a platform for betting due to the lucrative perks it offers when compared to Betfair. Orbit Exchange reviews have been positive during its short but successful appearance.
Benefits of betting on Orbit Exchange
Orbit Exchange offers bettors the option to bet across a wide range of sports events including cricket, football, tennis, wrestling, basketball, and baseball, along with many more disciplines.
One of the most unique features is the pre-match betting system that allows punters to place bets on their favourite teams, players, or probable score days before the event even commences. However, bettors should note that the casino operator has the freedom to set the date before opening the portal for customers to place their bets.
Another positive feature with Orbit Exchange is that there is no commission paid by bettors upon losing bets. Also, the ‘CASH OUT’ button allows users to lock-in their profit or loss before the event has even finished. The Cash Out icon is displayed on the Orbit Exchange betting markets. This is a feature that has been introduced to provide bettors peace of mind.
What is an Orbit Exchange account?
With an Orbit Exchange account, players can bet against each other rather than a bookmaker. It offers a number of advantages compared to a traditional sportsbook offer, such as better prices and huge liquidity across a wide range of markets. The inclusion of ‘back’ and ‘lay’ options on Orbit Exchange gives bettors more flexibility when placing a bet. Since there is no dedicated Orbit Exchange software of Orbit Exchange app available for download, users can simply head on over to the official Orbit Exchange website to sign up and start competing.
Orbit Exchange brokers
Orbit Exchange brokers are all licensed, making them legitimate agents and are partnered with startup ventures. Startups usually get the best markets and profits as they seek a broker’s exchange services. Furthermore, the market liquidity is in its favour, meaning it welcomes bookmakers to approach them and use brokers from Orbit Exchange.
FAQs
Q. Does Orbit Exchange charge a service cost?
Ans. No. Orbit Exchange does not charge any service costs.
Q. What profit does the exchange make?
Ans. The exchange generates a turnover on sportsbooks and various betting exchanges, and receives a referral payment fee made by firms providing the service to bet brokers and betting software platforms.
Q. What documents do I need to produce to sign up for Orbit Exchange?
Ans. You will be required to produce photo identification (passport, citizen card, or photo driving license), and proof of address with a backdate of up to three months (electricity bill, credit card bill, bank statement). Customers will also be required to provide a bank statement of the account where the funds will be transferred to/from. Information is not shared with third parties without the customer’s consent.
Q. What are the various payment methods offered?
Ans. Deposits and withdrawals are usually made via bank transfer. Other payment methods include net banking, credit card, debit card, and UPIs. Customers will receive our bank details once they have set up their bank account details.
Q. Is there a minimum deposit and withdrawal amount?
Ans. The minimum deposit is usually €10 or currency equivalent to the amount depending on the country one resides in. The minimum free withdrawal is capped at €10.
Q. What is the process for withdrawal?
Ans. Orbit Exchange offers a simple withdrawal process. Customers simply need to request their withdrawal amount through the official online Orbit Exchange website.
Read More: HOW TO SIGN IN/ LOGIN IN ORBIT EXCHANGE SITES
Read More: ORBIT EXCHANGE: INTRODUCTION AND FEATURES
Read More: WHAT IS THE GAME SECTION ON ORBIT EXCHANGE?
Read More: WHAT IS BETTING EXCHANGE ALL ABOUT?