Steve Woo created the ProBit Global cryptocurrency exchange in Seoul, South Korea, in 2018. It is one of the top platforms for trading cryptocurrencies and provides a user-friendly, cutting-edge exchange platform with a broad range of services, from crypto trading to IEOs. ProBit claims of being the quickest cryptocurrency exchange in the world and is constructed with great authority and distinctive features in comparison to other exchanges. More than 1,500,000 crypto transactions may be processed by the platform per second.
ProBit’s workings
The beauty of ProBit exchange is that users may mine virtual currencies on the system. Users must keep money in their accounts to begin trading on ProBit. Purchasing and selling cannot be done without money. The platform now supports Bitcoin (BTC), Tether USD (USDT), and Ethereum (ETH) as the major cryptocurrencies. To begin trading, any of these currencies must be deposited into a ProBit account or wallet.
Trading
On ProBit, the standard trading dashboard includes the crypto trading pairs along with price charts, price changes, an order book, a transaction feed, and trading volume. The user interface is quite intriguing. The Buy and Sell checkboxes for putting orders are shown underneath the order book on the display. The dashboard also offers four limit orders that aid investors in maximizing gains and minimizing losses.
Staking
Trading professionals would understand how to stake positions to optimize returns. Staking is a method through which users of new cryptos on the market may make money. It offers a variety of crypto coins and lockup times. Heavy stakers are aware that doing so will result in staking awards, referral bonuses, and trading fee reductions for the native coin PROB. Exclusive and VIP Levels. Through ProBit Exclusives, users may boost the advantages they get from the exchange platform. Users may make use of this functionality to save money while buying essential crypto tokens. To access this function, users must stake at least 500 PROB and lock the staking for 180 days. The user will be instantly added to the first-level VIP Membership. On the site, there are 11 VIP levels, with each level demanding more substantial PROB staking.
Features of ProBit
It is a strong platform that includes some cutting-edge security and trading capabilities to enable users to trade, acquire, and sell cryptocurrencies quickly and easily. The following are some ProBit features:
Superior security procedures
The most important security feature that ProBit offers to its customers is cold storage, which allows traders to keep more than 95% of their digital assets. Additionally, the platform provides an encryption technology that aids in safeguarding crucial user data.
Outstanding trading experience
ProBit is designed to provide consumers with the easiest access and most convenience. Users may alter the user interface to suit their tastes since it is programmable. Users are therefore limited to seeing the data that they deem important and prevalent.
Trading pairs in several currencies
The exchange offers more than 150 different currencies for trade, and it keeps increasing its investments as the market grows.
IEO launchpad
ProBit offers an IEO launchpad that enables consumers to invest in emerging businesses within the blockchain and cryptocurrency industries. The user is given a thorough examination before launching any cryptocurrency ventures.
Staking
Through on-platform staking, ProBit users may get passive income.
BitUniverse grid
One of the nicest things about ProBit is its functionality. Users may grid their transactions using the BitUniverse app.
Tokens of FTX
More than 8 FTX leveraged currencies are available for listing on the trading platform.
Trading charges
Since it does not charge various rates for makers and takers, the platform uses a flat-price business model. The maker’s and taker’s fees are consistently set at 0.20%; ProBit Global’s track record is somewhat below the average for the whole industry. ProBit further offers trading cost refunds for large trading volumes. In light of this, trading costs for significant deals using PROB, the platform’s native token, may drop as low as 0.03%, or perhaps as low as 0.05%.
Deposit charges
Except for WBX (WiBX), which charges network costs, ProBit’s platform has no deposit fees.
Fees for withdrawals
Withdrawal costs are typically set but significantly vary from cryptocurrency to cryptocurrency. On other cryptocurrency exchanges, consumers must pay a withdrawal cost of 0.0006 BTC, while on ProBit, the withdrawal fee is just 0.0005 BTC for each Bitcoin withdrawal. This rate is a little lower than the average for the whole industry. The trading and withdrawal costs are lower than the industry norms when viewed holistically.
ProBit methods for deposit and withdrawal
Except for cryptocurrency trading, ProBit Global does not accept any other kind of deposit. This implies that consumers cannot trade digital assets for fiat money. As a result, only cryptocurrencies may be used to fund ProBit accounts. Only users who have confirmed their identities on the site are allowed to make deposits in KRW (South Korean Won) on ProBit Korea. When using ProBit, deposits incur no costs; however, withdrawals of cryptocurrency from the wallet may incur network fees. The cryptocurrency being withdrawn and the network utilized to withdraw it determine the withdrawal’s processing time.
