HOW DO I GET TRADING FEE DISCOUNT?
BitOrb offers a discount on the taker fee up to 30%.
To enjoy this benefit, users can either get more ORBYT Tokens by clicking the button below or sign up through a referral link as seen below.
option 1: purchasing orbYt tokens
ORBYT Tokens Held | Discount for non-Referred Users | Taker Fee |
---|---|---|
0 – 99 | 0% | 0.0750% |
100 - 4,999 | 10% | 0.0675% |
5,000 - 49,999 | 20% | 0.0600% |
≥50,000 | 30% | 0.0525% |
option 2: signing up through referral link
ORBYT Tokens Held | Discount for Referred Users | Taker Fee |
---|---|---|
0 – 99 | 10% | 0.0675% |
100 – 4,999 | 10% | 0.0675% |
5,000 – 49,999 | 20% | 0.0600% |
≥50,000 | 30% | 0.0525% |
- ORBYT TOKEN T&Cs
Terms and Conditions
Orbyt tokens provide you with a right to receive, as and when profits are declared by the board of directors of the Holding Company (Holdco) of the Exchange Entity, 20% of the profits legally available for distribution by the HoldCo after provision of working capital and total expenses and making such transfers to reserves, as the board of directors of the HoldCo determines in its sole and absolute discretion, (“Profit Share”) subject to the following:
A. The Profit Share shall be distributed to the Staking Members (as at the time the profits are declared by the board of directors of the HoldCo) pro rata (fractional entitlements being rounded to the nearest whole number) based on the amount of Tokens that each of them hold relative to the total number of Tokens held by all Staking Members (as at the time the profits are declared by the board of directors of the HoldCo);
B. Staking members are BitOrb Exchange users with registered ORBYT wallets of 100 $ORBYT or more.
C. Exchange Entity shall have the sole and absolute discretion to determine whether to distribute the Profit Share to the Staking Members in cash and/or in kind and the mechanism for distribution;
D. Exchange Entity shall not be liable to any Staking Member who fails to receive its share of the Profit Share if such failure is due to the non-cooperation of such Staking Member;
E. Payments, amounts and timings of the Profit Share shall be subject to Applicable Laws and the HoldCo obtaining all necessary approvals, consents, waivers, authorisations or clearances required, including, where relevant, those from its board of directors, shareholders and regulatory and governmental authorities;
F. Nothing shall be construed as imposing on Exchange Entity any obligations (whether express or implied) to distribute the Profit Share at a specific date and time, provided that the Issuer shall use its reasonable endeavours to procure that the Profit Share is distributed as soon as practicable after the declaration of profits by the board of directors of the HoldCo referred to above.
WHAT'S NEXT?
WHAT'S NEXT?
Learn how to buy or sell ORBYT tokens on officially listed spot exchanges
There are three ways to store your ORBYT tokens: TomoWallet, MyEtherWallet or Ledger
Follow three steps to add your ORBYT wallet address to the BitOrb exchange