The ORBIS is a smart system where the users interact with each other in order to create stable demand for ORB internal token and future ORBIS cryptocurrency.
The ORBIS is a payment aggregator for the System Users which ensures issue of ORB internal token, moderates transactions on the internal exchange and regulates the system operation.
ORB is an internal token of the system used for mutual settlements in the ORBIS system.
To become the user of the ORBIS Smart System please register on the website my.orbismoney.com and state the sum which you are ready to invest in the system.
05WHAT ARE THE GUARANTEES?
Through the use of innovative and decentralized approach all transactions are made by the System Users without external intervention. Whereas, the ORBIS ensures that all System Users comply with the rules.
06WHAT IS AN EXCHANGE OF THE SYSTEM?
The exchange of the system is a section of the Account where the System Users sell and buy ORB to deposit and withdraw the funds.
Deposit is an investment service of the ORBIS Smart System.
08HOW DOES THE INVESTMENT SERVICE WORK?
The investment service of the System works on the same principle as the smart contract. When ORBs are invested, they are multiplied by two and tied up before the System User fulfils the provisions of the contract.
09WHAT ARE THE PROVISIONS OF THE CONTRACT?
There are two types of provisions: mandatory and bonus. Mandatory provisions prescribe to attract three deposits, whereas every deposit equals to the investment of the User. When mandatory provisions of the contract are fulfilled, the User’s deposit multiplied by two could be transferred to his/her account balance. Bonus provisions prescribe to award a bonus amounting to 50% of the forth and the fifth deposits attracted using license code; and this bonus could be transferred immediately to the account balance.
10WHAT IS A LICENSE CODE?
When deposit is added, a license code is assigned to such deposit. Every deposit has its own license code.
If the User uses the investment service of the System and opens a deposit using license code, the cashback amounting from 10 to 20% of the deposit is accrued to the account balance of the User. There are fixed sizes of deposits amounting to 10, 50, 100, 500 and 1000 ORB. When the deposits amounting to 10, 50 and 100 ORB are opened using license code, a 10% cashback is accrued. When the deposits amounting to 500 and 1000 ORB are opened using license code, a 20 % cashback is accrued.
12WHAT PAYMENT METHODS ARE USED IN THE SYSTEM?
All deposit and withdrawal transactions are made using crypto wallet or bank cards. Minimum amount which could be deposited and withdrawn is 1 ORB.
13CAN I USE BANK DETAILS OF THE THIRD PARTIES?
Deposit and withdrawal transactions could be made using bank details of the third parties. The System User is solely liable for the safety of funds withdrawn using bank details of the third parties. Minimum amount which could be deposited and withdrawn is 1 ORB.
14ARE THERE ANY LIMITS ON ORB WITHDRAWAL AND TRANSFER?
There are no limits on purchase and sale of ORB in crypto currency. There could be limits on purchase and sale of ORB in fiat currency for one request, whereas number of requests is unlimited. The System Users transfer ORB from wallet to wallet. There are no limits on such transfers.
All requests concerning adding ORB to the ID wallet or ORB withdrawal are made by the System User in his/her Account in the manner defined by the operating model of the User Account. Deposit transactions, as well as withdrawal transactions, are made using bank cards or crypto wallets of the System User. Minimum amount which could be withdrawn is 1 ORB.
16WHAT IS ORB EXCHANGE RATE?
ORB exchange rate is floating. ORB base exchange rate is US dollar. Supply-and-demand balance on the internal exchange affects ORB exchange rate taking into account sales volume generated by the System Users and ORB exchange services available offline. ORB exchange rate against the US dollar and other currencies of the System is updated every hour.