Comparison of Orbix vs Flipster [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Orbix vs Flipster comparison!

Your expert: Alejandro Borja

orbix

Orbix

Investing risks losing your money

Your expert: Xavier Tarrasó

flipster

Flipster

Investing risks losing your money

Main points

Fees

Earns

Yes

Customer service

3/5
0%

Fees

No

Earns

2/5

Customer service


Recommended for

Beginners

No

Trading

No

Passive income

Yes

Buy and hold

Yes
No

Beginners

No

Trading

No

Passive income

No

Buy and hold


Comparison of fees

Rating

4.0 – Competitive fees with additional benefits for high-volume trading.
3.8 – Competitive fees with additional benefits for high-volume trading.

Level

0%

Brief explanation

Orbix maintains a competitive but variable commission structure that aligns with industry standards, aiming to cater to both novice and experienced traders. Trading and transaction fees are designed to be cost-effective, although not the lowest when compared to other major players in the market. The fees vary depending on the type of transaction, whether it involves fiat-to-crypto or crypto-to-crypto trades. For direct fiat transactions, users may face additional costs, especially when using credit or debit cards, which are subject to higher fees due to processing charges. Orbix’s commitment to transparency ensures that all fee structures are clearly communicated on their website, allowing traders to make informed financial decisions before executing trades.
Flipster operates on a competitive fee structure, making it an attractive choice for traders. The platform charges 0% trading fees for both makers and takers, which is notably lower than the industry average. This fee model allows users to maximize their trading profits without worrying about high transaction costs. Additionally, the platform offers no deposit fees, further reducing the cost of trading. Withdrawal fees are transparent and depend on the specific cryptocurrency being withdrawn, aligning with standard practices in the industry. For users interested in leveraged trading, Flipster’s fees remain competitive. The cost-effectiveness of trading on Flipster, combined with its extensive range of over 200 cryptocurrencies, positions it favorably against many other exchanges. This transparency in fee structure, coupled with the absence of hidden charges, ensures that traders can plan their strategies without unexpected costs, making Flipster a highly economical choice for both novice and experienced traders.

Orbix

Flipster

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Product selection

Native token

No
No

Earns

Yes
No

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

Unknown
Unknown

Regulation

Not regulated
Not regulated

Year founded

Unknown
Unknown

Founder

Unknown
Unknown

Payment methods

Transfers

No
No

Mastercard

No
No

Wire transfer

No
No

Card

No
No

Comparative table

Orbix FEATURES Flipster
Orbix allows for relatively low minimum trade amounts, making it accessible for beginners.
Minimum Trade
The minimum trade amount on Flipster is user-friendly, allowing beginners to start trading with a small initial investment.
Fees are competitive, but could be improved to match lower fee structures offered by other exchanges.
Trading and Transaction Fees
Flipster charges moderate fees, which are competitive but not the lowest in the market.
Offers a moderate variety of cryptocurrencies, suitable for most traders but less than larger exchanges.
Number of Cryptocurrencies
Flipster offers a wide range of cryptocurrencies, providing users with ample choices for diversification.
Orbix provides a decent selection of crypto-to-crypto pairs, though not as extensive as some competitors.
Crypto-to-Crypto Trading Pairs
The platform supports several crypto-to-crypto pairs, though the selection is not as extensive as some competitors.
The website is clear and informative about fees, policies, and trading options, enhancing user trust.
Website Transparency
Flipster maintains a transparent website with clear information on fees, terms, and supported assets.
Orbix does not currently offer its own exchange card for customers to use for in-store purchases or to receive benefits.
Credit/Debit Card
Credit and debit card support is available, but with higher fees compared to bank transfers.
Provides secure storage options with advanced security measures to protect user assets.
Storage Offering
Flipster provides secure storage options with robust security measures for users’ assets.
Offers competitive staking options and rewards, encouraging longer-term investment on the platform.
Staking and Rewards
Staking options are available, offering moderate rewards for users who participate.
Both mobile and desktop platforms are highly user-friendly, offering full functionality with ease.
Mobile App and Desktop
The platform offers both a mobile app and desktop version, both of which are well-designed and user-friendly.
Customer support is available but response times can be slow; an area that needs improvement.
Customer Service
Customer service is responsive and available through multiple channels, though some users report occasional delays.
Deposits and withdrawals are handled efficiently, though improvements could be made in fee structure.
Deposit and Withdraw
Deposits and withdrawals are straightforward, but fees can be higher than some other platforms.

Key features

Analysis tools

Unknown
Unknown

Mobile APP

No
No

Security

High 4,5/5
High 4/5

Additional features

Margin trading, futures trading, staking, Orbix Earn
Margin trading, futures trading, staking, Flipster Earn program

Anonymity

Yes
Yes

Key points

Available cryptocurrencies

Limited, primarily derivatives
Information not readily available

User-friendliness

Orbix offers a user-friendly platform that is easy to navigate, making it suitable for beginners. The interface is designed to facilitate a smooth trading experience with all necessary features easily accessible.
Flipster offers a user-friendly platform that is easy to navigate, making it suitable for beginners. The interface is designed to facilitate a smooth trading experience with all necessary features easily accessible.

Value for money

Provides decent value for money with competitive fees and a user-friendly interface, though it may lack some advanced features.
Provides decent value for money with competitive fees and a user-friendly interface, though it may not have the lowest fees compared to some competitors.

Countries of operation

United States, Canada, United Kingdom, Australia, Singapore
United States, Canada, United Kingdom, Australia, Singapore

Best for

Ideal for traders seeking a user-friendly platform with competitive fees and a wide range of supported cryptocurrencies.
Best for traders seeking a user-friendly platform with competitive fees and a wide range of supported cryptocurrencies.

Base currencies available

Not widely known
Not widely known

Account

Trading

Orbix provides a secure and user-friendly platform with a good selection of cryptocurrencies. It offers competitive fees but lacks some advanced trading features.
Flipster provides a secure platform with a decent range of cryptocurrencies. It has competitive fees but lower liquidity compared to larger exchanges.

Deposit and withdrawal

Orbix supports various deposit and withdrawal methods, including bank transfers and crypto. Withdrawals are processed efficiently, with low fees.
Flipster offers standard deposit and withdrawal methods like bank transfers and crypto deposits. Withdrawals are processed efficiently, with low fees.

Account opening process

Orbix provides a straightforward and fully digital account registration process. Users need to submit personal details and verify their identity. The process is quick and usually takes less than a day to complete.
Flipster offers an easy and quick account opening process. Users need to provide personal information and verify their identity. The process is fully digital and typically takes less than a day to complete.

KYC required?

No
No

Customer Service

Orbix provides support through email and live chat. The response time is quick, but the support team is not available 24/7, which may be a drawback for some users.
Flipster offers customer support via email and live chat. The response time is quick, but the support team is not available 24/7, which may be a drawback for some users.

Security

Orbix employs robust security features, including 2FA and encryption. However, it is not regulated by major financial authorities, which might be a concern for some investors.
Flipster employs robust security features, including 2FA and encryption. However, it lacks regulation from major financial authorities, which might be a concern for some investors.

Which of these exchanges is for you?

As a Threenvest expert, I find Orbix to be a reliable choice for those entering the cryptocurrency trading space or looking to diversify their trading strategies. While it offers robust security features and an intuitive interface, I recommend potential users to consider the limitations in terms of cryptocurrency variety and geographical availability. For those able to access and utilize its services, Orbix could indeed be a valuable addition to your trading toolkit.
As an expert at Threenvest, I highly recommend Flipster for its user-friendly interface and comprehensive trading options. Whether you’re new to crypto trading or an experienced trader, Flipster offers a wide range of over 200 cryptocurrencies and leverage up to 50x, making it an ideal platform to explore and maximize trading opportunities. The innovative Flipster Earn Pool is a unique feature that allows you to earn passive income on your idle funds. With robust security measures and 24/7 customer support, Flipster ensures a reliable and secure trading experience.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

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