ProBit review 2023: Is Exchange Safe, Features, Fees,
Today we will look at an interesting exchange, which may be of interest to beginners and experienced users.
Navigating the Risks: A Crypto Trading Disclaimer
Trading in cryptocurrencies involves significant risks and may not be suitable for all investors. The cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Investors should carefully consider their financial situation, risk tolerance, and investment goals before trading. It's essential to conduct thorough research and seek professional advice before making any investment decisions.
Read our advice to avoid losing money in financial markets. Protect your investments today.
What is ProBit
ProBit is a fast-growing exchange from South Korea. Its key features include a professional team, a great user experience with a global approach to cryptocurrency trading and a robust trading platform.
ProBit key features
Cryptocurrency to cryptocurrency exchange.
ProBit offers its users to trade over 340 cryptocurrencies in almost 600 markets, making it one of the best exchanges for the newest coins and tokens.
Low trade commissions with discounts on PROB tokens
ProBit charges you 0.2% per transaction, but various discounts are available for loyal traders.
Convenient trading panel.
ProBit is an extremely user-friendly platform that provides a pleasant and enjoyable trading experience.
No forced KYC.
KYC at ProBit is not compulsory, so you can choose whether you want to reveal your identity or not.
Safe and secure exchange.
ProBit has not been hacked before, and the platform meets the highest security standards in its powerful 150,000 orders per second capable of processing exchanges. Although ProBit Global is registered in the Seychelles, its Korean counterpart is strictly regulated in Korea, so the team behind the exchange is trustworthy and reliable.
ProBit's initial exchange offer platform.
Participate in the latest token offers through ProBit's secure token offer platform. In addition, the exchange regularly has offers to buy all sorts of coins at a discount.
Place bids and earn money.
Adopting ProBit allows you to earn cryptocurrency simply by placing it on the exchange.
All in all, ProBit is a convenient trading platform for both beginners and more experienced cryptocurrency enthusiasts. Wide choice of coins, security, low trading commissions, pseudonymous trading, betting, innovative features and numerous cryptocurrency events are just some of the qualities that make ProBit traders interested and satisfied with its services.
There is no futures trading on the ProBit exchange. However, leverage tokens can be traded here. Experience shows that leveraged FTX tokens are more profitable than buying and selling futures. Trading commission for transactions varies from 0 to 0.2% and depends on the status of the user.
FTX tokens are bought and sold like regular cryptocurrencies. Transactions are conducted in the "Exchange" section, where you can view the current exchange rate and changes in its value. Find BTCBULL and other tokens in the section on the left side of the screen.
Beware of crypto-scams! Trading cryptocurrencies carries risk and may lead to loss. Research our selection of trusted services to protect your investments. Stay informed, stay secure.
Stacking is an opportunity to deposit a cryptocurrency and earn interest on it. More than ten currencies (including Dogecoin and Ethereum) are available for it on ProBit exchange. The benefit of stacking depends on the selected coin. So, for example, putting Dogecoin, you can earn 10% of the invested amount in a month. At the same time, for the same 30 days, you can earn 24% of the amount invested in ETHPlus.
Unique coins and tokens
Cryptocurrency exchange ProBit has developed token PROB. It can be exchanged for Bitcoin or Ethereum during trading. Many trading venues do not have this token, but its relevance is increasing every year.
If we talk about the placement of other tokens and coins, the site now has more than 450 of them. This is a confident second place among the major exchanges. According to this indicator, ProBit is second only to Gate.io, where you can now buy or sell more than 600 cryptocurrencies.
Cryptocurrency exchange offers users a convenient wallet, where they can deposit funds. You can enter it directly from the exchange terminal or from the homepage. There are several sections available in the wallet: "Balance," "Deposit," and "Withdrawal." In addition, users can stack currencies and transfer them without leaving it.
Commissions at the exchange
ProBit users can get almost 100% discount on trading commissions. To do so, they need to put a PROB exchange token on the stack and pay fees to them. The standard commission for new customers is 0.2%. It will gradually change depending on getting new levels achieved by staking.
If you look at your competitors, the 0.2% rate is average for the market. You can find lower commissions on local exchanges (such as Nominex or Currency.com) or new projects (such as Inanomo or Kuna). On the top sites it ranges from 0.15% to 0.25%.
Any exchange carries risks, so we remind you that you are personally responsible for all transactions and it's up to you to decide whether to use this product or not. Be careful. This is not an invest recommendation.
How to Trade on ProBit Global?
How to Refer Friends & Get Referral Bonus?
What Is Probit Token and Its Benefits?
Unlike most analogs, ProBit has a number of key security features:
Storing most assets on a cold wallet;
Support for state-of-the-art hardware designed to protect customers from fraudulent activity;
Strong encryption algorithm that protects the cold storage from third-party interference. Private keys are encrypted multiple times, so financial losses are eliminated.
Even the ProBit site runs on modern security protocols. They fully control all sessions, protect against DDoS attacks and encrypt transactions. This is one of the few features of the exchange, which makes you trust it and be convinced of its diversity.