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Ourbit launched in 2023 as a centralized crypto exchange focused on low-cost crypto-to-crypto trading. - •
Spot trading on Ourbit has 0.00% maker and taker fees. - •
Futures trading supports 492+ contracts with up to 200× leverage. - •
No mandatory KYC required, but withdrawals are limited to 30 BTC per day. - •
Additional features include copy trading, Earn products, and demo trading. - •
Ourbit currently supports crypto deposits only, without fiat on-ramps.
Crypto exchanges keep appearing every year, each trying to compete on fees, asset listings, or trading tools. Some platforms focus on professional derivatives trading, while others try to simplify things for everyday users.
Ourbit is one of the newer exchanges entering this space. It launched in 2023 and quickly started attracting traders because of one simple idea: remove spot trading fees and keep the platform straightforward.
If you are considering trading here, this Ourbit review explains what the exchange actually offers, from markets and fees to deposits and security.
Ourbit Overview
Ourbit is a centralized crypto exchange founded in 2023 by Joseph Han. The platform focuses heavily on low trading costs, which is why spot trading currently carries zero fees for both makers and takers.
The exchange lists more than 629 cryptocurrencies on the spot market and supports over 602 USDT-margined perpetual futures contracts. Futures traders can access leverage up to 400x, depending on the asset.
Account creation is simple. You can register with an email or phone number and start trading without completing identity verification. Unverified accounts are limited to 30 BTC daily withdrawals.
Aside from trading, Ourbit also includes passive income tools through its Earn section, copy trading features, and a demo trading environment for futures.
Ourbit Pros and Cons
| ✅ Ourbit Pros | ❌ Ourbit Cons |
|---|---|
| Zero spot trading fees | No fiat deposits supported |
| No KYC required initially | Limited advanced trading tools |
| High leverage of up to 400x | New exchange in the market |
| Demo trading available | |
| Large number of listed assets |
Ourbit Products and Services
Ourbit provides several tools beyond standard buying and selling. The main product is the centralized exchange, where users can trade spot markets and perpetual futures contracts. Spot trading supports over 629 of cryptocurrencies paired mostly against stablecoins. For derivatives traders, the futures market includes more than 602 contracts with leverage of upto 400x settings.
The platform also includes a decentralized exchange section. This allows users to trade tokens from networks such as Ethereum, Solana, and BSC directly through the Ourbit interface. Another feature is the Earn section. Users can allocate idle assets into flexible or fixed savings pools and generate passive yield while holding their tokens.
Copy trading is also available. You can select experienced traders and mirror their positions automatically. Lastly, the exchange provides a demo trading mode. It allows users to practice futures strategies with virtual funds before placing real trades.
Ourbit Trading Features
Spot Trading
Ourbit’s spot market supports 629+ cryptocurrencies, with most trading pairs listed against USDT, alongside some USDC pairs. The trading interface includes TradingView charts, an order book, and standard trading tools, making it fairly simple to place trades even for new users.
Available order types include market orders, limit orders, and stop-limit orders, which cover the basic needs for most traders. The platform also allows users to trade tokenized stocks, giving exposure to traditional equities directly from the exchange.
In addition, Ourbit offers a copy trading feature, allowing users to follow experienced traders and automatically mirror their positions. The platform displays performance metrics such as win rate, historical returns, and maximum drawdown to help users evaluate traders before copying them.
Futures Trading
For derivatives traders, Ourbit provides access to 602+ USDT-margined perpetual futures contracts with leverage of up to 400x depending on the asset.
The futures interface closely mirrors the spot layout, combining TradingView charts, order book depth, funding rate data, and margin settings within a single screen. Traders can place positions using market and limit orders, along with trigger options such as trailing stop orders and post-only orders.
To help users learn how leveraged trading works, the platform also includes a demo trading environment where traders can practice opening futures positions using virtual funds before trading with real capital.
Copy Trading
Ourbit also includes a copy trading feature for users who prefer a more hands-off approach. Instead of placing trades manually, you can browse a list of experienced traders and automatically replicate their positions.
The platform shows useful performance data such as historical returns, win rate, maximum drawdown, and assets under management, which helps you evaluate each trader before following them. Once copy trading is enabled, the system mirrors the selected trader’s positions in real time, allowing users to participate in the market without actively managing every trade themselves.
Ourbit Fees & Costs
Spot Trading Fees
Spot trading on Ourbit carries 0.00% maker and 0.00% taker fees. This means users can buy and sell supported cryptocurrencies without paying trading commissions.
For traders who frequently move between assets or execute multiple trades throughout the day, this structure can significantly reduce overall trading costs.
Futures Trading Fees
Futures trading follows a standard derivatives fee model.
- Maker fee: 0.02%
- Taker fee: 0.04%
These fees apply to USDT-margined perpetual contracts available on the Ourbit futures market.
Ourbit Deposits and Withdrawals
Ourbit operates as a crypto-only exchange, meaning users must deposit digital assets rather than fiat currencies. Let’s look at the supported deposit and withdrawal methods available on the platform.
Deposits
Deposits on Ourbit are completed through blockchain transfers. The platform supports a wide range of major networks and tokens depending on the asset being deposited.
Supported networks include:
- ERC-20
- TRC-20
- BEP-20
- ARB
- TON
- SOL
- APT
- BTC
Along with several other supported blockchain networks depending on the asset. Ourbit does not charge deposit fees, although standard blockchain network fees still apply when transferring assets.
Withdrawals
Withdrawals follow the same process as deposits. Users can send funds from their Ourbit account to an external crypto wallet using supported blockchain networks.
Supported withdrawal networks include:
- ERC-20
- TRC-20
- BEP-20
- ARB
- TON
- SOL
- APT
- BTC
Among several other blockchain networks depending on the asset being withdrawn. Withdrawal fees depend on the selected blockchain network. Accounts without KYC verification can withdraw up to 30 BTC per day.
Ourbit Customer Support
Ourbit provides support primarily through live chat. Response times usually average around two minutes according to the platform. The exchange also maintains a help center with written guides covering common issues such as deposits, withdrawals, and account security. For most typical problems, these support options appear sufficient.
Ourbit Security
Security features on Ourbit include two-factor authentication using either SMS codes or authenticator apps. Email verification is also required for sensitive account actions such as withdrawals.
The exchange also maintains proof-of-reserves and conducts external audits to confirm that customer assets remain backed. Even with these measures, many traders still prefer storing large holdings in private wallets rather than keeping them on an exchange.
Ourbit Sign up and KYC
Opening an account on Ourbit is straightforward. You can register with an email address or phone number and set a password. Once the account is created, trading features become available immediately.
KYC is optional at Ourbit. Without KYC, the platform limits withdrawals to 30 BTC per day. Users who need higher limits can complete the verification process.
However, to comply with regulatory policies, Ourbit restricts access in certain jurisdictions. For this reason, it’s important to make sure the platform is available in your region before creating an account.
Final Verdict
Ourbit keeps things fairly straightforward by focusing on one main advantage: low trading costs. Spot trading carries zero fees, which can appeal to users who trade frequently or move between assets often. The futures market is also competitive, offering high leverage and a wide selection of contracts for traders who prefer derivatives.
At the same time, the exchange is still relatively new, and the lack of fiat deposits along with limited advanced order tools may lead some traders to consider larger platforms. Overall, Ourbit suits users who want a simple interface and low-cost crypto-to-crypto trading. If you are also exploring similar platforms, you can check our full guide on the top no KYC exchanges to compare other options.
FAQs
1. Is Ourbit legit?
Yes. Ourbit is a centralized crypto exchange launched in 2023 with a growing global user base.
2. Does Ourbit require KYC?
No. Users can trade without KYC, although withdrawal limits apply.
3. What are Ourbit trading fees?
Spot trading fees are 0.00%. Futures fees are 0.02% maker and 0.04% taker.
4. Does Ourbit support fiat deposits?
No. The platform currently supports only cryptocurrency deposits.
5. Does Ourbit offer demo trading?
Yes. Ourbit includes a demo futures environment where users can practice trading with simulated funds.
