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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on ORBYT Token by LUIS RIVERO R

Revainrating 3 out of 5

Project backed by an exchange.

This token is issued by BitOrb Exchange, according to official information available since 2019
What is mainly proposed with this token is to keep on the exchange to receive rewards passively for just being the owner of this asset.
The main benefits for Holders:
-Receive a percentage of the profits, these will be paid in BTC.
-Reduction in trade rates.
This seems to be a good alternative for those users looking to invest in Cryptocurrencies, however they must trust the exchange a lot since their earnings will depend on it, in addition the value of the token also depends on the market force and if the return on investment is really large which will make fewer owners want to get rid of this asset.



Pros
  • Backed by exchange transactions.
  • Any user who keeps on hold can receive rewards.
Cons
  • The trading volume of this asset does not exceed $ 24