KUALA LUMPUR, July 6, 2020 – BitOrb, an upcoming crypto derivatives exchange, has registered their native token, ORBYT, on TomoX which enabled the successful listing on Tomo Mango Dex. Users can now buy ORBYT with USDT/TOMO/ETH/BTC pairs to enjoy unique benefits such as profit-share, trading discounts and referral commissions in BTC.
BitOrb has a long-time partnership with the leading innovative blockchain company, TomoChain. ORBYT token was created using TomoChain’s TRC21 smart contract and TomoZ protocol. This ensured ORBYT token holders a seamless digital asset transaction experience and a secure mobile wallet, TomoWallet, to hold their respective tokens.
CEO and Co-founder of BitOrb, Lim Hoong-Teng, noted, “…after evaluating a few options, TomoChain clearly stood out from its competitors, mainly because of; the security and efficiency of the Tomo blockchain and the upcoming TRC21 protocol which will make it easier for our users to transact ORBYT Tokens.”
The ORBYT total token supply is set to 250 million $ORBYT and its pre-public issued price was at USD 0.10 per $ORBYT. The token holds many exclusive benefits for its users. Firstly, users holding min. 100 ORBYT tokens and pass KYC successfully will be eligible to access a 20% share of the company’s net profits after tax. Furthermore, users can hold ORBYT to enjoy trading fee discounts up to 30%. In BitOrb’s affiliate program, affiliates can earn higher commission rate paid in Bitcoin when they hold more ORBYT tokens.
After its Token Offering in July to November 2019, ORBYT was first listed on the HOTBIT exchange. Since the listing and growing support from the TomoChain team and community, BitOrb registered their TRC21 token on TomoX. TomoX is a decentralized exchange protocol based on TomoChain blockchain that is secure and efficient. The registration enabled relayers like TomoMango to list ORBYT seamlessly on https://dex.tomomango.io/trade/ORBYT-TOMO
“Registering our ORBYT token with TomoX and subsequent listing on any TomoChain based DEX allows the holders to safely trade directly from their secure wallet without the concerns over custody of their assets. This is a great initiative by Tomochain and we are excited about having another avenue for ORBYT holders to buy and trade with,” – said Joel Ives, CFO of BitOrb.
While the ORBYT token availability is expanding, the BitOrb team is close to ready for the release of their upcoming crypto derivatives exchange with a soft launch coming soon starting July/August 2020. Users can expect exciting soft launch promotions such as trading bonuses and taker fee discounts, which they can use to explore the exclusive trading features on the BitOrb exchange.