Orbix has a flat 0.25% trading fee on cryptocurrencies listed on its platform. With more than 50 coins/tokens, the company accepts payments via bank transfers, credit/debit cards, and cryptocurrencies. No futures trading is provided in Orbix.
Orbix Exchange Information + Regulation
Orbix Trade Co., Ltd. is a cryptocurrency exchange platform based in Thailand. Founded in March 2017, the company's headquarters are located at 188/72 K Plus Building, Charas Muang Road, Wangmai Subdistrict, Pathumwan District, Bangkok 10330.
In a significant development, Unita Capital, a subsidiary of KasikornBank, acquired Satang (the platform's former brand) in October 2023. This deal rebranded the exchange to Orbix.
The company is regulated by the SEC of Thailand.
Orbix Exchange Details and Features
You can have a look at the platform's key specifications in the table below:
Exchange | Orbix |
Launch Date | March 2017 |
Levels | VIP Leveling System |
Trading Fees | 0.25% |
Restricted Countries | Iran, United States, Iraq, etc. |
Supported Coins | 50+ |
Futures Trading | None |
Minimum Deposit | N/A |
Deposit Methods | Bank Transfers, Credit/Debit Cards, Crypto |
Withdrawal Methods | Bank Transfers, Credit/Debit Cards, Crypto |
Maximum Leverage | 1x |
Minimum Trade Amount | None |
Security Factors | ISO Certificates, SSL Encryption |
Services | None |
Customer Support Ways | Email, Phone Call, Ticket, Live Chat, Local Office |
Customer Support Hours | 24/7 |
Fiat Deposit | THB |
Affiliate Program | Yes |
Orders Execution | N/A |
Native Token | None |
Orbix Exchange User Levels
Based on our examinations on the platform, there is a VIP leveling system for accounts, but we couldn't find any information about the parameters and factors related to it.
Orbix Commissions and Trading Costs
Based on the data provided on the official website, there is a flat fee of 0.25% for buying and selling cryptocurrencies on the platform.
Regarding fiat (Thai Baht) deposit/withdraw commissions, look at the table below:
Payment | Fee |
Deposit | None |
Withdraw | 20 THB |
Crypto funding commissions vary depending on the token and the blockchain used.
How Many Coins and Tokens are Available?
Orbix offers over 50 cryptocurrencies in trading pairs against the Thai Baht, which is limited compared to some other platforms in the industry. Some of The Coins/Tokens Other Than BTC, ETH, ADA, etc.:
- NEAR Protocol [NEAR]
- Decentraland [MANA]
- ChainLink [LINK]
- Dogecoin [DOGE]
- Bitcoin Cash [BCH]
- PancakeSwap [CAKE]
- Basic Attention Token [BAT]
Futures and Margin Trading Features in Orbix Exchange
Based on the available information, the exchange does not currently offer futures or margin trading services. However, there's always a possibility for a change, and we will inform you on this page in case of any updates.
Account Opening And Verification On Orbix
Follow the instructions in this section to open an account with the discussed exchange:
- In the official website, click on "Register" at the top;
- Provide your email address and set a strong password;
- State your agreement with the T&C;
- Check your inbox for a verification email.
After these steps, your account will be created. For verification, you must install the mobile application and pass the KYC through there.
Does Orbix Have Strong Security Measures?
While Orbix emphasizes security in its operations, there are some concerns regarding its overall security measures and reliability:
- Daily trade volume of approx. $90K
- Security rating of DDD with a 33% security score on [cer.live] website
However, it has ISO 27001:2013, ISO 27701:2019, and ISO 22301: 2019 certificates. Furthermore, the website's SSL encryption certificate is valid until August 2025.
Payment Options
Per our examinations and research, the company has a set of 3 funding method types:
- Credit/Debit Cards: Such as VISA, MasterCard, etc.;
- Bank Transfers: Through bank accounts;
- Crypto: Blockchain transactions
Trust Scores and Ratings
Orbix's profile on CoinGecko and its page on other reliable sources present a generally acceptable picture:
- ScamAdviser: 100/100 Trustscore
- CoinGecko: 6/10 rating
Both of the scores outlined above are based on algorithms and pre-defined metrics.
Copy Trading and Other Passive Income Options
Currently, Orbix Exchange does not offer copy trading or specific passive income options, which are not the main part of a trading platform's services but which many users consider important.
Writer's Opinion and Conclusion
Orbix, formerly known as Satang, has 3ISO certificates [27001:2013, 27701:2019, 22301: 2019]. Also, an SSL encryption of the website is valid until August 2025. ScamAdviser and CoinGecko platforms have given 100/100 and 6/10 scores to the exchange, respectively.