Orbitos.io Review: Comprehensive Overview for 2023

This review covers all features of Orbitos.io, a crypto custody platform, from security to pricing and user experience.

Man in a space placing a flag on the flor. There's a circular shape behind him, with images of crypto tokens and chains over them, symbolizing a safe vault for crypto.

The recent collapse of the crypto exchange FTX has made many investors reconsider how they hold their digital assets. While most will turn to self-custody, that is not an option for all traders. In fact, institutional players and large holders are turning to designated custodial solutions.ย 

These custodial solutions provide enhanced security features and offer specialized support for their clients. This is important, as self-custody comes with significant risks when users keep large sums of crypto. Even the most experienced users can make mistakes and leave their crypto holdings vulnerable to theft.

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Moreover, the added protection offered by professional custodians makes it advantageous for those who are new to crypto or don’t feel confident enough about managing the security of their digital holdings themselves.

To ensure that the public has more information on how to secure their coins, DailyCoin decided to inspect relevant platforms to bring its readers up-to-date reviews on the most popular custodial solutions. We have chosen Orbitos Crypto Custody as the first provider to review.

What Is Orbitos.io?

Orbitos is a crypto custody designed to make it easier for individuals and institutions to securely store their digital assets.ย 

Orbitos is an all-in-one crypto custody solution designed to make it easier for individuals and institutions to securely store their cryptocurrency assets.ย 

The platform was developed to provide financial institutions, hedge funds, and high-net-worth individuals with the tools to safely manage their digital asset portfolios.ย 

Orbitos Security

Due to the nature of digital assets, security is a top priority in the industry. Crypto assets move through digital channels and are always vulnerable to hacking and cybercrime. Platforms must make sure investors have confidence in their security measures.

Orbitos takes the security of client assets very seriously. To that end, the platform uses a combination of cold storage, multi-factor authentication, and regular security audits to protect the digital assets under their custody. Cold storage means that user funds are offline in hardware wallets. This makes the funds inaccessible to hackers. Multi-factor authentication adds another layer of security, while security audits ensure that all security measures are up to date.ย 

Orbitos has a robust security protocol that is well-suited to protect its clients’ digital assets.ย 

Regulatory Compliance

For clients, it is crucial to ensure that the assets they hold comply with government regulations.

Orbitos takes compliance very seriously and works closely with its legal team and the relevant authorities to ensure they meet the highest regulatory standards. The firm is licensed and regulated by financial authorities in Lithuania, where the firm is located. Lithuania has a forward-looking approach toward crypto, as well as a strong crypto business community.ย 

The platform also requires clients to provide Know Your Customer (KYC) information to open accounts. This ensures its compliance with regulations and serves as an added layer of security for investors.

Ease of Use

Ease of use is an important consideration for any user. The easier the platform is to use, the less time users spend on routine operations and learning how to operate it.

Orbitos puts usability first. The platform has a simple and intuitive user interface allowing anyone to figure it out in minutes. The transaction processing is seamless and without delays or complications, making it easy for investors to manage their assets.

In addition, the process of transferring assets is straightforward, with clear instructions to guide the users throughout the process. Overall, Orbitos is easy to use for even the least tech-savvy people.ย 

Fees and Costs

While not the most important factor, fees are definitely something to consider when looking for a custodial solution. In comparison to other players in the industry, Orbitos.io offers competitive fees.

Moreover, the fee structure is clear and easy to understand. The platform charges a โ‚ฌ10 fee for all deposits and withdrawals and a monthly custodial fee of 0.05%. This makes it easy for investors to understand and manage their costs.

Customer Support

When dealing with custodial solutions, customer support is very important. It ensures that users can get help in case of any issues that may arise.

Orbitos.io offers 24/7 customer support via email and phone, allowing customers to get answers quickly and efficiently. Moreover, the staff is knowledgeable and friendly, making it easy for anyone to find an answer to their questions.

Orbitos Overall

Orbitos.io is an excellent choice for anyone looking for a secure and reliable platform to manage their digital assets. The platform is easy to use and navigate, the fees are reasonable and transparent, and the customer support team is responsive and helpful. The security measures in place, the regulatory compliance, and the ease of use make this platform a great option for investors.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
David Marsanic

David Marsanic is DailyCoinโ€™s journalist, focusing on Solana and crypto exchanges. David currently doesnโ€™t hold any crypto.

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