Ourbit

This content is generated by RD AI and is for reference only

Ourbit is a cryptocurrency trading platform offering spot and perpetual contract trading services. Users can trade a variety of crypto assets, with support for USDT-margined and coin-margined contracts. The platform employs a Proof of Reserves (PoR) mechanism to ensure 1:1 backing of user assets, verifiable through open-source programs. Contract trading incorporates a funding rate mechanism settled every 8 hours to anchor to spot prices. Security measures include cold wallet storage, 2FA, and more.