Orbit Exchange is an online marketplace where punters bet against each other rather than against a bookmaker. Introduced in 2017 and it’s been offering a wide range of features including a large number of betting markets, high liquidity and favorable bet acceptance speed.
Read More: How to sign in/ login to Orbit Exchange sites
How to register in Orbit Exchange
The registration process is simple. To open an Orbit Exchange account, you will first need to register with our portal. Then, complete your KYC documentation before making a confirmed cash deposit.
Click on the “Create Account” button after which you must enter your desired Orbit Username and Password. Please note that the Username with at least five characters long, preferably in alpha numeric to ensure account security.
Once you’ve completed the registration process, then you select the bookies you want to choose. A deposit with one bookmaker is required. Users should make deposits with official Orbit Exchange representatives to enhance the overall transaction process.
Then, upload your documents for account verification (KYC). This includes a utility bill and a copy of your identity card. Then, click Submit.
Then you will receive an email with confirmation of verification and with instructions for first deposit. In case you do not see it in your inbox (check Spam).
Login in to your account, proceed to Deposit and follow the remaining steps. Please note that there could be a minimum deposit amount at the time of registration.
Read More: How to change your password on an Orbit Exchange account
Features of Orbit Exchange account
Orbit Exchange customers can enjoy certain features while taking note of its various regulations.
Despite Betfair running the Orbit Exchange platform, they differ from one another in terms of user interface and commissions charged after winning bets. One feature that is identical, however, are their liquidity and odds.
Orbit Exchange Customer will need to place a minimum bet, but will still have the liberty to make negotiations with the Orbit Exchange account agent or broker. It’s common for agents to offer a commission rate of three percent, which is comparatively lower to the commission rate imposed by Betfair.
An advantage with an Orbit Exchange account when compared to Betfair is that there is no impose on premium charges, which is one of the primary factors that discourages punters from signing up with Betfair. Customers will not need to worry about additional payments to enjoy its features.
Another crucial point to note, however, is certain agents could impose a higher commission rate of up to six percent if your Orbit Exchange account fails to yield profits for them. Other agents may limit your account features to prevent you from receiving exposure after you have reached a stage where you’re constantly winning and making profits.
Read More: Which sports are available on Orbit Exchange?
What is the Cash Out feature?
The ‘Cash Out’ button allows you to lock a profit or loss before a match is completed, and bets that are matched can be cashed using this button.
There has been positive reviews due to the high-profit low-risk factor. In addition, since the commission on Orbit x is on the lower side, bettors have more to gain compared to lose. A popular market is from the Orbit Exchange cricket bets, as there are various betting options for punters to choose from. A major advantage is that the Orbit Exchange commission rate is fairly low and risk-free.
FAQs
Q. What documents are required ?
Ans. The documents required include photo identification such as a passport/citizen card/photo driving license. Proof of address (electricity bill, credit card bill, or a bank statement) dated within three months are also required, along with a bank statement of the account where funds are transferred to or from.
Q. What is the service cost?
Ans. There is no service charge.
Q. Does the exchange gain profits?
Ans. An exchange generates its turnover on sportsbooks and betting exchanges. Firms providing the service make a referral payment fee when referrals are made to bet brokers and betting software platforms.
Q. What are the payment options offered?
Ans. Orbit Betting Exchange customers can make deposits and withdrawals through bank transfer, net banking/credit card/debit card/and UPIs. Customers will receive our bank details at the time of setting up your bank account.
Q. What is the minimum amount for deposit and withdrawal?
Ans. Generally, there is a minimum deposit of €10 or currency equivalent. The minimum free withdrawal is €10.
Q. What is the withdrawal process?
Ans. Customers simply need to request their withdrawal amount through the official website.
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