Amidst the turbulent waves of the cryptocurrency market, new exchanges emerge daily with alluring promises. Ourbit crypto exchange is one such newcomer, having garnered significant attention with its particular focus on the “degen” community and meme coins. But can this nascent exchange become a secure and profitable platform for your trades?
This article will take an in-depth journey into the heart of Ourbit. We will scrutinize everything from its diverse services, including spot and high-leverage futures trading, to innovative features like copy trading and demo practice accounts. Furthermore, by closely examining its fee structure, platform security, and user feedback, we aim to paint a clear and unbiased picture of the strengths and weaknesses of this exchange for the global crypto audience.
If you’re seeking an exchange that specifically caters to meme coins and high-risk trading, or simply want to understand how Ourbit stacks up against its competitors, join us. Can Ourbit turn your “becoming a millionaire with meme coins” dream into reality, or is it simply another digital gamble? The answers to these questions and many more will be illuminated in the comprehensive review that follows.
| Exchange Name | Ourbit |
| Official Website | https://www.ourbit.com/ |
| Year Founded | 2024 |
| Location | British Virgin Islands |
| Security | Financial reserves,PoR, Cold Wallet |
| Features | Spot / Earn / USDT-M Perpetual Futures / Copy Trading / Demo Trading / Airdrop |
| Trading fees | 0.0% – 0.01% Fees |
| Maximum leverage | X400 |
| Download App | App Store – Google Play |
| Customer Support | Online Customer Service – Submit Inquiry |
About Ourbit.com
Ourbit is an aspiring exchange that focuses on memecoins and serving the degen community. Its team includes industry veterans, featuring an original founding team from a top-tier exchange. Furthermore, the founders of OurBit are deeply involved in the degen community and maintain close connections with the teams behind $BITCOIN, $MOG, and several other leading memecoin projects.
Ourbit Exchange Services
Unlock a comprehensive suite of cryptocurrency trading services with Ourbit
- Spot Trading: This is the core service that allows users to directly buy and sell various cryptocurrencies at the current market price. It facilitates simple and direct exchanges between different digital assets.
- USDT-M Perpetual Futures: This feature enables users to trade futures contracts for cryptocurrencies that are margined and settled in USDT (Tether). “Perpetual” indicates that these contracts do not have a fixed expiration date. This type of trading allows for the use of leverage, which can magnify both potential profits and losses.
- Earn: This section likely encompasses various ways for users to earn passive income on their cryptocurrency holdings. This could include options like staking (locking up crypto to support a network and earn rewards), lending (lending out crypto to earn interest), or participating in other yield-generating programs.
- Copy Trading: This innovative tool allows users, particularly those who are newer to trading or prefer to follow experienced traders, to automatically replicate the trades executed by selected successful traders on the platform. This can provide insights into trading strategies and potentially lead to similar outcomes.
- Demo Trading: This service offers a simulated trading environment where users can practice trading strategies and familiarize themselves with the platform’s1 interface and tools without risking real capital. It’s an invaluable resource for beginners and for experienced traders looking to test new approaches.
What is Ourbit?
Ourbit is the SuperCEX (centralized crypto exchange) for degens, by degens. Built by the ex-founding team of top-tier exchanges and industry veterans with deep roots across iconic memecoin ecosystems like SPX6900, HarryPotterObamaSonic10Inu etc. Delivering no.1 memecoin liquidity and prophetic listings of high-performing cryptos for spot & futures trading up to 200x leverage, Ourbit empowers the degen community to pursue meme-ionaire dreams.
Is Ourbit a secure cryptocurrency exchange?
Ourbit is committed to offering a secure and trustworthy trading platform, backed by sophisticated security infrastructures and expert teams in the industry. We prioritize keeping your assets and account safe, while providing Proof of Reserves (PoR) that verifies all user funds are backed 1:1 with actual reserves.
Ourbit Fees
Ourbit exchange implements a straightforward fee structure for its users. Notably, Spot trading currently boasts 0% trading fees for both makers and takers, potentially making it an attractive option for spot traders looking to minimize costs.
In contrast, Futures trading on Ourbit incurs fees, with a maker fee of 0.020% and a taker fee of 0.040%. This structure incentivizes users who provide liquidity to the order book (makers) with lower fees compared to those who take liquidity (takers). Traders engaging in futures contracts should factor these fees into their trading strategies and calculations.
Ourbit SuperCEX
“Ourbit SuperCEX” is a term first used by the Ourbit exchange. With “SuperCEX,” Ourbit aims to highlight the perceived special features or advantages of its centralized crypto exchange (CEX) platform.
The term “Ourbit SuperCEX” indicates that Ourbit offers advanced features beyond the typical functionalities of a CEX.
Ourbit DEX
Ourbit is revolutionizing cryptocurrency trading by integrating a decentralized exchange!
Ourbit cryptocurrency exchange has taken a significant step towards providing more comprehensive and diverse services to its users by announcing the integration of Decentralized Exchange (DEX) functionality into its platform. This move positions Ourbit as one of the few centralized exchanges (CEX) to also offer access to decentralized trading.
With the addition of DEX capabilities, Ourbit users can now directly access a wide range of cryptocurrencies, including new and emerging meme coins and shitcoins, without the need for intermediaries. This provides users with more trading opportunities and enables participation in nascent and high-potential projects.
