Legal Name | Probit Exchange |
Headquarters | Gangnam-gu, Seoul |
CEO | Ronald Chan |
Year Founded | 2018 |
Exchange Type | Centralized |
Trading Fees | Maker: 0.20%/ Taker: 0.20% |
Deposit Methods | Cryptocurrency |
Supported Cryptos | 150+ coins including Bitcoin (XBT), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and more |
Fiat | No fiat currencies supported |
Customer Service | Email, Phone |
Trading Options | Spot Trading, Margin Trading |
Every digital asset exchange claims to have an intuitive interface that the users can easily adapt and access to it. And while some exchanges offer a toggle option between basic and advanced modes.
This may still not be enough to meet the needs of a wide range of users with varying trading habits. With this in mind, ProBit offers a comprehensive trading interface that comes with a modular dashboard to support full customization.
In this article, we will look into the detailed aspects of the ProBit Exchange such as its features, fees, trading, pros and cons, and much more. Let us have a glance into this ProBit Exchange Review in detail now,
ProBit is an exchange that was launched by Hyunsu Do and Steve Woo in November 2018. Based in South Korea, the ProBit Global exchange has an advanced and easily accessible website. Probit Exchange offers a range of platform services for the crypto community from trading to IEO.
The Probit whitepaper outlines the unique features which it believes will set it apart from the field. According to Probit, the platform’s matching engine can handle more than 1,500,000 transactions per second, placing it among the fastest exchanges in existence.
The platform aims to distinguish itself by providing global coin-to-coin exchange services. Using HTTPS(SSL), Probit protects users from such malicious attacks as SQL injection, cross-site scripting, and DDoS.
A South Korean Bases Crypto-to-Crypto Exchange Platform launched in November 2018 by Hyunsu Do (CEO) and Steve Woo (CTO) . The Probit exchange White Paper provides a detail of its functioning and features that creates a high authority. The Platform puts forward its security of wallets and its capacity where it claims to 1,500,000 transactions per second, which can make it the fastest Cryptocurrency exchange Platform in the world.
This trading platform doesn’t charge different fees between takers and makers. Instead, the exchange has a so-called “flat” fee model. They offer a flat trading fee of 0.20%. ProBit also offers trading fee discounts when you have a larger trading volume.
Trading fees can become as low as 0.05% if you have a large trading volume. It can be even lower (0.03%) if you pay your trading fees with the exchange’s native token, the PROB-token.
ProBit charges a withdrawal fee amounting to 0.001 BTC when you withdraw BTC. ProBit does not accept any other deposit method than cryptos.
PROB is a Native token of Probit exchange you can Buy and trade it on Probit Exchange Platform, The Token is hard-capped into 200 million tokens and has Utility features like a discount on trading fees, good referral income, exclusive access to latest features, token voting rights.
ProBit Exchange supports more than 150+ currencies to exchange and many pairs of them. As per the ProBit Exchange reviews, it recently listed 8 new coins and 2 new trading pairs namely:
Also read: Popular Crypto Personality John McAfee Speaks On the Beatzcoin IEO Hosting On Probit Exchange
The ProBit Exchange app provides a well-presented overview of market data. It also provides customized buttons to complete buy and sell transactions for both limit and market orders on the go. It is available on both Google Play and the Apple iStore.
ProBit offers a Mobile App which can be downloaded and installed using Google Playstore, App Store or by downloading the APK file from the following link- https://www.probit.com/en-us/download-app
Go to the Official Probit Website and click “Sign Up” Option
Fill in the form, check the box and click “REGISTER”
A pop-up will open. Check the box where it says “I’m not a robot”
Check your email. A verification code will be sent. Copy and paste the code, click “VERIFY” proceed.
Click “GO TO LOGIN PAGE” to continue. Enter your email, password, and click “Log in”.
Complete the ProBit Exchange KYC by filling the “VERIFICATION” form with your personal information, and upload a photo of your ID or passport, as well as a photo of yourself holding the identification document. Click “SUBMIT”.
In certain cases, to recover the ProBit password, Visit the Official Website, Go to the ProBit Exchange Login Page, and then click on the “Forgot Password” option. Then enter your personal information and user id after which you can reset your password.
Step 1: log in to your ProBit Exchange account.
Step 2: Click on Wallet
Step 3: Then click on Deposit and input the coin name. (e.g. click XRP when depositing Ripple)
Step 4: make sure to check the precautions and double-check all deposit details before proceeding.
Step 5: Now click on Copy to get your deposit address. Double-check the note under the deposit address as well.
Step 6: Once the transaction has started, it may take some time for the deposit to come through due to network confirmations.
Step 1: log in to your ProBit Exchange account.
Step 2: Click on Wallet
Step 3: Then click on Withdraw and input the coin name. (e.g. click XRP when depositing Ripple)
Step 4: make sure to check the precautions and double-check all withdrawal details before proceeding.
Step 5: Now click on Copy to get your withdrawal address. Double-check the note under the withdrawal address as well.
Step 6: Once the transaction has started, it may take some time for the withdrawal to come through due to network confirmations.
Step 1: log in to your ProBit Exchange account.
Step 2: Select the “Exchange” Option
Step 3: In the search bar on the left, type in the token name or symbol to quickly locate the relevant token. The current price will be displayed as the Last Price.
Step 4: In the Buy part of the Limit section, enter your desired purchase quantity.
Step 5: Once the desired price is set, press BUY.
Step 6: You can track the status of all placed orders by clicking Order History and Trade History in the box below.
Step 1: log in to your ProBit Exchange account.
Step 2: Select the “Exchange” Option
Step 3: In the search bar on the left, type in the token name or symbol to quickly locate the relevant token. The current price will be displayed as the Last Price.
Step 4: In the Sell part of the Limit section, enter your desired selling quantity.
Step 5: Once the desired price is set, press SELL.
Step 6: You can track the status of all placed orders by clicking Order History and Trade History in the box below.
ProBit is a company for the exchange of digital currencies that also provides services to investors. It has a complete platform with more than 150 currencies to exchange and many pairs of them. It also offers trade competition events on its platform, thus rewarding tokens to users who frequently exchange currencies and investors.
The ProBit exchange is very active on social networks, always announcing all active and future events so that users are attentive and participate in them. This exchange has gained fame and began to position itself as one of the most popular exchanges out there.
You can still deposit, withdraw (except KRW), and trade without completing ProBit Exchange KYC verification.
Currently, ProBit Exchange does not support fiat currencies such as USD, JPY, and KRW. Only supported cryptocurrencies can be deposited and traded on the platform.
The coin values in your wallet are calculated with the following formula: COIN VALUE = LAST TRADED PRICE x NUMBER OF COINS
Go to the ProBit Login page, click the Forgot Password Option, Then enter your email address, and after which you can generate a new password.
Yes, ProBit does have a mobile application for both Android and IOS.
They offer a flat trading fee of 0.20%. ProBit also offers trading fee discounts when you have a larger trading volume.
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