I watch this new movement in the stock exchange, I'm very interested in how it works. I can not understand everything at once, but I think the project will be successful.
Topic: [ANN] BitOrb Exchange - Orbyt Token offering updates! - page 2. (Read 502 times)
Let’s get into Orbyt!
We’re all aware of the volatility associated with the cryptocurrency industry in the past which has been visible across the board from the market leaders to the newer projects. Today the debate continues over the used cases for cryptocurrencies and the blockchain technology in general; and the critics continue to ask questions; What is the value behind cryptocurrencies? Is bitcoin really a credible store of value? Is bitcoin even a medium of exchange? I can’t pay for a beer at my local with it. And while all these concerns are not completely dull-witted, there is one thing that is harder to dispute in this space and that is cryptocurrencies used case as a crowd fundraising tool.
So what is the all the buzz about security tokens?
We believe they are the next wave in the cryptocurrency and token offering space. The key difference between security tokens and “utility tokens” is that the security tokens are backed by an external asset such as revenue or profit or even equity and debt. Security tokens also tend to replicate traditional securities as the name sounds and as a result tend to be regulated under the security law in their relevant jurisdiction — which actually is a good thing for the investors and traders alike as there is regulatory oversight over the company.
BitOrb is proud to have launched our very own security token called the Orbyt Token.
Created by a team of forward-thinkers who understand the market well, the Orbyt Token is a result of combining various innovations and which have yet to be paralleled in the security token market. With our team members’ combined expertise and experience, we are well-placed to take advantage of the opportunities that exist in the derivatives exchange market and the security token market .
So what are the benefits of the Orbyt token?
Firstly, you get 30% discount on trading fees on our soon-to-be-launched derivatives exchange platform, that will make our fee highly competitive compared to other leading crypto derivatives exchanges out there.
Secondly, you get your share of profit when the exchange makes a profit. The profit-sharing figure is audited and is transparent. Plus, you get to enjoy regular updates on the profit share.
All users can enjoy these benefits when they hold at least a minimum of 100 Orbyt Tokens in their Orbyt wallet and complete the relevant KYC/AML check on our exchange. This is known as the “Preferred Status” on our exchange.
What’s more is that the members of the “Preferred Status” get to enjoy access the Orchestrator —
our very own automated strategy maker. You don’t have to be a trading maestro to use the Orchestrator (more on this when our exchange launches).
At BitOrb, our aim is to be transparent, regulated and intuitive.
We’re safe, secure, fast and simple. We’re all about creating a revolutionary cryptocurrency derivatives exchange and to be the pioneer in the security token market.
Architected using a high-performance, low latency technology stack that delivers microsecond performance able to handle throughput of more than 10,000 orders per second on a single server. BitOrb is built to scale and handle the high demands of an online derivatives exchange.
We’re all aware of the volatility associated with the cryptocurrency industry in the past which has been visible across the board from the market leaders to the newer projects. Today the debate continues over the used cases for cryptocurrencies and the blockchain technology in general; and the critics continue to ask questions; What is the value behind cryptocurrencies? Is bitcoin really a credible store of value? Is bitcoin even a medium of exchange? I can’t pay for a beer at my local with it. And while all these concerns are not completely dull-witted, there is one thing that is harder to dispute in this space and that is cryptocurrencies used case as a crowd fundraising tool.
So what is the all the buzz about security tokens?
We believe they are the next wave in the cryptocurrency and token offering space. The key difference between security tokens and “utility tokens” is that the security tokens are backed by an external asset such as revenue or profit or even equity and debt. Security tokens also tend to replicate traditional securities as the name sounds and as a result tend to be regulated under the security law in their relevant jurisdiction — which actually is a good thing for the investors and traders alike as there is regulatory oversight over the company.
BitOrb is proud to have launched our very own security token called the Orbyt Token.
Created by a team of forward-thinkers who understand the market well, the Orbyt Token is a result of combining various innovations and which have yet to be paralleled in the security token market. With our team members’ combined expertise and experience, we are well-placed to take advantage of the opportunities that exist in the derivatives exchange market and the security token market .
3rd June: BitOrb’s core team sharing a laugh at the launch of www.bitorb.com
So what are the benefits of the Orbyt token?
Firstly, you get 30% discount on trading fees on our soon-to-be-launched derivatives exchange platform, that will make our fee highly competitive compared to other leading crypto derivatives exchanges out there.
Secondly, you get your share of profit when the exchange makes a profit. The profit-sharing figure is audited and is transparent. Plus, you get to enjoy regular updates on the profit share.
All users can enjoy these benefits when they hold at least a minimum of 100 Orbyt Tokens in their Orbyt wallet and complete the relevant KYC/AML check on our exchange. This is known as the “Preferred Status” on our exchange.
What’s more is that the members of the “Preferred Status” get to enjoy access the Orchestrator —
our very own automated strategy maker. You don’t have to be a trading maestro to use the Orchestrator (more on this when our exchange launches).
At BitOrb, our aim is to be transparent, regulated and intuitive.
We’re safe, secure, fast and simple. We’re all about creating a revolutionary cryptocurrency derivatives exchange and to be the pioneer in the security token market.
Architected using a high-performance, low latency technology stack that delivers microsecond performance able to handle throughput of more than 10,000 orders per second on a single server. BitOrb is built to scale and handle the high demands of an online derivatives exchange.
Thought the white paper is supposed to be available to all the public.
Why do you need our emails to be able download the white paper?
To send unsolicited ICO messages?
https://i.imgur.com/vWqmiIl.png
Why do you need our emails to be able download the white paper?
To send unsolicited ICO messages?
https://i.imgur.com/vWqmiIl.png
Hi Jerome,
We collect emails so that we are able to send you latest updates on exchange developments and our newsletters. In the interest of customer data protection, we do not share any user's personal information outside the company. If you wish to not receive our promotional emails, you may click "unsubscribe" at the bottom of our emails.
In addition, our whitepaper is available to download without you providing us with your emails through many rating sites such as https://icobench.com/ico/bitorb-exchange and https://icorating.com/ico/bitorb/
Thank you.
Thought the white paper is supposed to be available to all the public.
Why do you need our emails to be able download the white paper?
To send unsolicited ICO messages?
Why do you need our emails to be able download the white paper?
To send unsolicited ICO messages?
First Look at BitOrb Exchange Interface
What Can the Exchange do?
BitOrb is a cryptocurrency derivatives exchange that offers Bitcoin and Ethereum perpetual contracts that are bought and sold in Bitcoin. BitOrb users will be able to trade these contracts with up to 100x leverage.
BitOrb is built from the ground up using a modular software design, utilising the best of trading practices and technologies. Architected using a high-performance, low latency technology stack that delivers microsecond performance able to handle throughput of more than 10,000 orders per second on a single server. BitOrb is built to scale and handle the high demands of an online derivatives exchange. This article will explore how BitOrb’s derivitaves is better
The Pricing Structure
Orbyt Token holders who hold a minimum of 100 Orbyt Tokens in their designated Orbyt wallet and have passed our KYC verification will gain the “Preferred Status” — This allows users roughly upto a 30% discount on taker fee, making it one of the most competitive taker fee available in the market.
Preferred Status
Maker fee: +0.025%
Taker fee: -0.0525%
Normal fee
Maker fee: +0.025%
Taker fee: -0.075%
How the different engines on BitOrb work
The back-end servers are where the different engines of BitOrb run. Key processes are run entirely in memory to ensure the fastest possible executions without going to disk.
First look at the exchange interface and the order form
Risk Engine
The configurable risk engine manages and audits every position on the exchange, providing visibility of all positions on BitOrb at any point in time, with the ability to suspend trading if required.
Liquidation Engine
With a configurable liquidation mechanism to handle any liquidation event, and management of margin requirements for the entire platform .
Matching Engine
BitOrb’s matching engine is built on a low latency high performance stack that delivers micro-second latencies and an expected throughput of ten thousand orders per second to ensure our users will always have access to the system.
Order Book
The configurable order book can build market depth ladders, span multiple cryptocurrencies, and has the capabilities to handle large volumes of inbound and outbound data
What else is new on BitOrb?
1. The Orchestrator — is an easy to use, automated trading strategy maker that is built into BitOrb that assists users in creating automated executable trading strategies. These strategies can be used to take profits and/or to limit losses or even to layer in sophisticated strategies; such as setting trigger points based on common trading indicators or setting cross product orders.
The Orchestrator interface displayed in BitOrb’s night mode.
Simplified version — While every user and trader has their own personal individual preferences, we are enabling two basic modes for our exchange to cater for three broad categories of users based on their trading experience.
While the professional traders will tend to prefer our traditional exchange interface, the novice and casual traders would love our simplified interface if they prefer to skip the complexities of traditional cryptocurrency derivatives exchanges out there. You can trade cryptocurrency derivatives even if you are completely new to this!
Simplified Version of the BitOrb Exchange
This article riginally appeared on https://www.bitorb.com/sneak-peak-into-the-bitorb-exchange/
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