How to change your password on an Orbit account? November 28, 2022 – Posted in: Featured Articles – Tags: ,

Are you someone who likes to cash in most of the opportunity from sports and race bettings? Then Orbit Exchange is definitely the right platform to serve you. Since 2017, Orbit Exchange has been offering the best features, a wide variety of betting markets, high liquidity, and bet acceptance speed which just enhances your experience and service. 

Why Orbit Exchange? 

Instead of betting against bookmakers, players can bet against each other on Orbit Exchange. With its advantages over traditional sportsbooks, Orbit will quickly become your favorite because it offers better prices and huge liquidity for a diverse range of markets. The selection of bets you can place with a traditional bookmaker is pretty limited. Orbit Exchange also offers you ‘back’ and ‘lay’ betting options which gives you more flexible options and allows you to build your way up in the market. 

How to make an Orbit Exchange account? 

For making an Orbit Exchange account, you need to have a broker. BetInAsia is an excellent broker that provides accounts with low commissions on winning bets. However, do note that BetInAsia is not available in countries such as the United States, the United Kingdom, Sweden, Turkey, and Singapore. Orbit Exchange charges only 3% commission on your profits from bets, unlike other betting platforms. Furthermore, you are not charged on your bet losses. There is no premium charge as well if you keep consistently winning. 

How to change the password for your Orbit Exchange account? 

To change your Orbit Exchange account password, here are the steps that you should follow. 

> Click on the settings button on your OrbitX account in the upper right corner next to your username. 

> You will now be redirected to a window where you should type your old password and a new one. 

In case you have forgotten your password or want a quick link to change it, click on this link. Enter your username and answer the security questions. In the next step, complete the two-factor verification process and enter your security code. After that, you will be successfully able to change your password. 

What is my bet exchange status? 

Until you cancel an unmatched bet, it remains on the market as an offer. The amount of money available on exchange constantly changes, especially during a race or when a market is in-play, so you may have to adjust your odds or stake accordingly.

The exchange may partially match your bet. It doesn’t mean your bet can still be matched in full even if it wasn’t matched instantly. You can adjust the odds of the unmatched part of your partially matched bet in the same way you did for unmatched bets.

After the market settles, the result will be known. You only have a bet once someone matches your offer. You will get your money back if nobody matches your bet before the market closes or is turned in-play.

Furthermore, you can check your bet status by clicking on the “My Bets” page. Click on the down arrow beside your balance, and you will be directed there. 

How to start betting in Orbit Exchange? 

Here are the easy steps that you can follow to start betting on Orbit Exchange. 

  1. Go to the website and create an account
  2. Once you have selected the sports you wish to bet on, you will have to choose the currency you wish to bet with (USD or BTC). Alternatively, you may choose to use Bitcoin Cash instead of Bitcoin as your payment method. It’s important to keep in mind that there are some fees associated with BCH transactions, so be sure to have all your funds ready before you proceed.

What are the available options for betting on Orbit? 

The following sports are available on Orbit: 

  • Football
  • Basketball
  • American Football
  • Horse Racing
  • Greyhound Racing
  • Boxing
  • MMA
  • Australian Rules Football
  • Tennis
  • Cricket
  • Snooker
  • Boxing
  • Baseball 
  • Ice Hockey
  • Golf
  • e-Sports
  • Motorsports
  • Cycling
  • Rugby League
  • Rugby Union
  • Volleyball
  • Gaelic Football
  • Netball
  • Athletics

What is Cash Out in Orbit? 

The Cash Out option is the best way to minimize your losses and secure your profits in Orbit. And the best part is, you can do this even before your events are concluded or before your bet is effectively settled. 

With this option, you can get paid before the event is concluded which means before a bet is supposedly settled. You can cash out on all your bets on a given market just with a click!

According to the odds offered on the live markets, the cash out value is calculated in real time. Cash out may not be available if liquidity on the market is low. When cash out is offered, the minimum amount is shown where it is possible to cash out.

As the cash out is based on the live market value, the price can change pretty quickly, which is why it may be unsuccessful or partially successful. Sometimes, you can also get cash outs of more than what was originally indicated. 

Things to keep in mind 

When you deposit your Bitcoins on the Crypto Orbit exchange, you practically convert them into FIAT currency (FIAT money refers to a government-issued currency that is not backed by an actual commodity, such as gold or silver, but rather by the government that issued it). A currency like the Euro or the dollar falls under this category. Due to Bitcoin’s significant volatility, the operator protects your available balance from future price changes. Therefore, even if Bitcoin’s price decreases significantly, your money will remain perfectly safe since its value won’t change.

Frequently Asked Questions

How do I check my account’s profit or loss? 

  • Under the Profit and Loss section, users can track if their OrbitX account is in profit or loss over a certain period of time. You also need to take into account what funds you have in your bookmaker accounts. For example, if you are in a loss in your OrbitX account, you will be in profit with your bookmaker accounts. 

˘What is the commission charged on Orbit Exchange? 

  • Orbit Exchange charges a 3% commission on all winnings. There is no commission charged on losing bets. 

Also Read: How To Place Back Bet Orbit Exchange?

Also Read: Crypto-Based Wagering On The Orbit Exchange

Also Read: Who are the Best Betting Exchange sites and How to pick the Best Site?

Also Read: How to Sign in / Login into Orbit Exchange Sites?