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BitOrb – ICO Detailed Information


ICO BitOrb
BitOrb Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.
Start June 3, 2019
End August 30, 2019
Rating 3.9
Status
KYC Yes
Founded
Categories Exchange
Whitepaper No
Discussion

BitOrb Overview

ICO description, Technical Details and Documents

BitOrb: A New Crypto Derivatives Exchange


BitOrb is an up-and-coming crypto exchange that offers an option for derivatives trading as well as a host of other unique features, like the one called Orchestrator, that can make it potentially luring for investors and traders alike.

General information about the project


What’s interesting about BitOrb is that the team chose the TomoChain blockchain as a foundation for its platform. It is an emerging blockchain, the architecture of which is made of 150 masternodes that operate on the basis of the Proof-of-Stake-Voting (POSV) consensus which allows for really negligible transaction fees and instant confirmation, which is, evidently, a very good feat for a crypto exchange like BitOrb.

The project team is comprised of specialists in the fields of technology, finance, and marketing mostly from Malaysia, though the project is registered in Singapore for obvious regulatory purposes. Naturally, BitOrb features its own token which is called ORBYT, a utility token that provides certain perks related to trading as well as the possibility of acquiring shares in company profits. Right now, the project runs the ICO, hoping to raise more funds required for further platform development.

The BitOrb features


BitOrb comes in the form of derivatives exchange that places a particular emphasis on trading futures contracts of a certain list of cryptocurrencies. At the initial stages of its operations, the exchange will accept and work only with Bitcoin due to regulatory reasons. Once the project aligns with the regulatory framework, it will begin adding other cryptocurrencies, as well as fiat, to its list of accepted payment vehicles.

Evidently, BitOrb aims to become an Asian analog of the CME Group, also known as the Chicago Mercantile Exchange, which is currently one of the few, if not the only, legal entity that provides means for Bitcoin futures & derivatives trading.

But unlike its American rival, BitOrb will be open to all types of traders, providing them with an understandable and customizable interface, a full stack of trading instruments, and the possibility to automate the trading strategy with Orchestrator.

Thanks to Orchestrator, traders will be relieved of the necessity to adapt to the time zones or action periods. Basically, this represents the light-version of the algorithm trading software, which is unobtainable by most traders.

The ORBYT token is the centerpiece of the entire system. Not only does this utility tokens forms the trading pairs, but it also allows for a 30% discount on trading fees as well as a 20% share of profits (available to a selected group of users).


Team members

ICO details


The token sale of ORBYT is now live and will last until August 30. The project offers a 10% bonus to all those who would participate in the sale before the last day of July. The price of 1 ORBYT is $0.1; the minimum investment limit is established at $100. BitOrb tries to reach the hardcap of $20 million. All investors must get whitelisted and pass KYC. Citizens of Singapore, Malaysia, the United States, and China will not be admitted to the token sale.

Author: Alex Paulson for Crypto-Rating.com

BitOrb Milestones

* Crypto Rating accepts no liability for any errors in the BitOrb ICO information and Rating. For the most up-to-date information please visit the ICO's official website.

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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap Volume 24h
1 Bitcoin (BTC) BTC Bitcoin predictions 80.8% 36 $43 168.18 0.32% -0.37% $812 772 420 923 $31 192 680 458
2 Ethereum (ETH) ETH Ethereum predictions 72% 50 $3 004.08 -0.89% 0.41% $353 583 713 819 $19 390 160 771
3 Cardano (ADA) ADA Cardano predictions 67.2% 71 $2.18 -1.67% 3.44% $69 832 878 215 $3 073 248 637
4 Tether (USDT) USDT Tether predictions 92.4% 1 $1.000513 -0.07% 0.05% $68 578 142 843 $71 016 415 448
5 Binance Coin (BNB) BNB Binance Coin predictions 66.8% 61 $341.82 -0.94% -6.18% $57 472 750 025 $1 552 010 074
6 XRP (XRP) XRP XRP predictions 75.6% 49 $0.938253 -0.25% 1.51% $43 832 950 516 $3 033 647 400
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8 USD Coin (USDC) USDC USD Coin predictions 90.8% 1 $1.000447 -0.04% 0.02% $31 153 823 850 $3 173 493 897
9 Polkadot (DOT) DOT Polkadot predictions 66.8% 65 $28.29 -1.81% -1.37% $27 941 506 166 $1 712 123 937
10 Dogecoin (DOGE) DOGE Dogecoin predictions 68.4% 61 $0.203046 -0.96% -3.24% $26 692 493 819 $855 732 314
11 Avalanche (AVAX) AVAX Avalanche predictions 59.2% 81 $68.22 2.85% 15.73% $15 027 546 330 $1 240 912 224
12 Terra (LUNA) LUNA Terra predictions 68.8% 60 $37.38 6.51% 33.72% $14 951 567 039 $1 684 215 996
13 UniSwap (UNI) UNI UniSwap predictions 66.8% 67 $22.91 -4.24% 8.57% $14 010 020 202 $1 160 176 166
14 Binance USD (BUSD) BUSD Binance USD predictions 92.4% 1 $1.000238 -0.06% 0.01% $13 529 303 353 $5 078 288 807
15 Chainlink (LINK) LINK Chainlink predictions 64.4% 67 $23.59 -3.95% -0.49% $10 732 590 020 $1 097 433 048

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