Probit Review

We will dig into all that is good in this Probit Review. We will also consider trading charges and other fees associated with this exchange.

Overview

Steve Woo created ProBitGlobal in Seoul, South Korea, in 2018. One of the top 10 crypto exchanges, ProBit offers an accessible and advanced exchange platform with a wide range of services ranging from crypto trading to IEOs. ProBit crypto is one of the fastest exchanges in the world, boasting superior authority and unique features. The platform supports more than 1,500,000 crypto transactions every second. This ProBit Review will examine the platform’s features, pros, and cons, fees, payment methods, supported currencies, and more.

What Is Probit?

In 2018, ProBit was developed in Seoul, South Korea. It supports more than 40 cryptocurrencies and provides more than 100 cryptocurrencies for trading. It connects cryptocurrency traders all over the world. The ProBitexchange supports a wide range of cryptocurrencies, including more than 100. It distinguishes itself from other trading platforms by providing a global crypto-to-crypto exchange for all kinds of traders. The platform puts a high priority on client funds’ safety. Users can also mine listings such as Bitcoin and USDT, ETH and USDT, BTC and KRW, and ETH and KRW. Users can get transaction discount PROB in exchange for their native tokens with their services. Overall, the platform has excellent and advanced crypto-trading features, making it one of the best choices for both beginners and experienced traders.

How Does Probit Work?

To understand ProBit better, it is simple to grasp its workings. A new investor can easily operate the exchange thanks to ProBit. When you mine digital currencies on the platform, ProBit offers an opportunity. To learn more about ProBit, read the following to gain a thorough understanding of the platform:-
To begin trading on ProBit, you must have funds in the account. A ProBit account or wallet must deposit either of these currencies to trade. Bitcoin (BTC), Tether (USDT), and Ethereum (ETH) are supported by the platform. To trade on ProBit, either of these probit coins must be deposited.

ProBit Trading

The ProBit trading dashboard is typical, and it includes price charts, price movements, order book, trade feed, and trading volume. It also has a dashboard for crypto trading pairs. The interface is very interesting. The order book is displayed below the order book. In addition, four limit orders can be added that help investors maximize their profits and minimize their losses.

ProBit Staking

Staking is the process by which traders can earn profits by using new cryptos on the exchange. The ProBit exchange provides numerous cryptocurrencies in addition to lockup periods. Experienced traders know how to maximise profits by staking.

VIP and Exclusive Levels

Users can increase their benefits through ProBit Exclusives by purchasing primary cryptocurrencies at a discount. However, they must stake at least 500 PROB and lock up their staking for 180 days to enjoy this feature. This feature will be automatically enrolled in the first-level VIP Membership. Each level on the platform requires more PROB staking.

History of ProBit Exchange

The ProBit trading platform was created in Seoul, South Korea, by Hyunsu Do and Steve Woo in 2018. It has become one of the most sophisticated, global, and secure digital platforms for cryptocurrency investors. The Pro Bit Global and ProBit Korea organizations are split between Seychelles, East Africa, and South Korea. In addition, ProBit Korea is run by Oceans Inc. ProBit has enormously expanded since its launch, and it has achieved many successes.

ProBit Features

Experts have reported that ProBit has impressive security features that make trading and selling cryptocurrencies as simple as possible. Here are a few of the things you need to know about ProBit’s security features: –

Above-par Security Measures

ProBit’s clients can store more than 95% of their digital assets on the platform, in addition to cold storage, which is one of the three most important security features on ProBit. The encryption system used on ProBit protects sensitive user data securely.

Exceptional Trading Experience

ProBit is extremely user-friendly and accessible, thanks to its intuitive user interface. The user interface is flexible and tailored to the needs of the user. It means that users can only see information that is important and prevalent.

Multiple Currency Trading Pairs

More than 150 currencies can be traded, and the exchange continues to invest.

IEO Launchpad

Users can invest in new blockchain start-ups through the ProBit IEO launchpad. It provides a detailed evaluation of crypto start-ups before they are created.

Staking

ProBit users can earn passive returns by staking on-platform.

BitUniverse Grid

One of the greatest things about ProBit is that users can use BitUniverse to grid their trades.

FTX Tokens

More than 8 FTX leveraged coins are listed on the exchange platform. 

Trading Fees

The PROB trading fee is 0.2%, which is lower than the global industry average of 0.5%. Users can also save on fees by making PROB transactions in PROB PROB.

ProBit Fees

LEVEL

STARK PROB

AMOUNT

TRADING FEE

TRADING FEE

(WHEN PAYING WITH PROB

Standard

<500

0.2%

0.18%

VIP 1

≥ 500

0.19%

0.17%

VIP 2

≥ 3,000

0.18%

0.16%

VIP 3

≥ 8,000

0.16%

0.14%

VIP 4

≥ 20,000

0.14%

0.12%

VIP 5

≥ 50,000

0.12%

0.10%

VIP 6

≥ 100,000

0.10%

0.08%

VIP 7

≥ 200,000

0.09%

0.07%

VIP 8

≥ 300,000

0.08%

0.06%

VIP 9

≥ 500,000

0.07%

0.05%

VIP10

≥ 800,000

0.06%

0.04%

VIP 11

≥ 1,000,000

0.05%

0.03%

Trading Fees

According to the reviews, ProBit operates on a flat fee structure, so there are no maker or taker charges on the platform. The maker’s and taker’s fees are uniform at 0.20%; ProBit Global’s history is slightly lower than the global average. Many firms today charge trading fees as low as 0.15%. Additionally, ProBit provides trading fee rebates for the high trading volume. To save on trading fees, ProBit also offers rebates for low values.

Deposit Fees

ProBit does not charge deposit fees on its platform except for WBX (WiBX), which charges network fees.

Withdrawal Fees

There are two major withdrawal fees for Bitcoin on other crypto exchanges, but on ProBit, it costs 0.0006 BTC for every Bitcoin withdrawal. For example, on Bit-x, 0.0005 BTC is required for every Bitcoin withdrawal, which is slightly less than the global average. We can also see how ProBit prices its charges here.

Add Your Heading Text Here

Pros
  • No KYC Require 
  • Well Design Interface 
  • Low Trading Fees Through PROB
  • Access to IES (Initial Exchange Offerings)
  • Multiple Trading Pairs
Cons
  • Restrictive Fiat Trading
  • Lacks Margin Trading
  • Unresponsive  Customer Support

CONCLUSION

If you’re searching for the world’s best crypto exchange, ProBit should be at the top of your list. It has some modern traders’ features, an impressive user interface and trading platform, low trading fees, high levels of security and privacy, and a lot more. However, it does not offer margin trading, so the ProBit platform will have to provide new features in the future.