About Probit
ProBit is a relatively small cryptocurrency exchange. It does some things very well — such as basic crypto trading and initial exchange offerings (initial coin offerings that are safer for investors) — and some things not at all. Though U.S. investors can easily access the platform, make sure your state allows full access.
ProBit Cryptocurrency Exchange which was founded in 2017 and is based in Seoul, South Korea. The exchange has a global platform that is crypto-only, as well as a local exchange which provides fiat trading pairs with the South Korean won. Over time, the platform has become known for its many initial exchange offerings (IEOs) and large selection of trading pairs.
Bitso.com Exchange Basic Points
Exchange Name | Bitso.com |
Min Withdraw | 0.000049850.00004985 |
Language | English |
Fiat Deposit | Yes |
Deposit Fees | Free. Small deposit fees apply. |
Easy To Use | Yes |
Security | High |
Taker Fee | 0.098% |
Maker Fee | 0.075% |
Support | 24/7 |
Customer Support | Available At Ticket & Live Chat |
Official Site | Homepage |
How To Start ?
How To Sign Up At Probit Crypto Exchange ?
How To Deposit Fund At Probit Exchange ?
How To Trade At Exchange ?
How To Withdraw At Probit Exchange ?
Currencies and Payment Methods
ProBit’s global exchange does not support any fiat currencies, making it a crypto-only exchange. It does, however, support one of the largest selections of cryptocurrency assets and trading pairs on the market. This includes: Major cryptocurrencies such as BTC, ETH, BNB, USDT, and more. A DeFi token section. Recently-launched IEO tokens. FTX leverage tokens.
Deposits and Withdrawals
ProBit charges no fees on deposits, with the exception of WiBX (WBX) which requires network fees. Withdrawal fees apply to cover network transaction costs, as is the case with most exchanges.
Trading Fees When it comes to trading fees,
ProBit has a competitive default trading fee of 0.2% for even the smallest traders. Whereas most exchanges reduce fees for higher-volume traders, ProBit instead decreases fees in tiers relating to a user’s staked balance of PROB, the exchange’s native token. The minimum fee a user can achieve is 0.05%, when staking 1,000,000 PROB tokens. It’s also worth mentioning that ProBit has a “trade mining” feature, which compensates users in PROB tokens when making trades. The more PROB tokens that a user has staked, the more PROB they will earn for their trades.
Trading Volume
The daily volume is around 5000-6000 BTC, which at today’s value is about 60 million USD per day. The volume on the exchange is not very big, but it is more than sufficient to ensure secure trading and low spreads on the major cryptocurrencies pairs. The most traded pairs on ProBit are BTCKRW, SOCKRW, ETHBTC, and BTCUSD with a daily volume in the millions.
Affiliate Program
The ProBit partner program is very simple. People register via your referral link and you receive 10%. The standard percentage is 10, but it can be increased by up to 30% by using the native token on the platform.
ProBit Features
- Trading Experience: The user experience is designed to prioritize convenience and ease of use. Probit aims to put in place a fully customizable dashboard that can be set up according to user preference showing the most relevant and prevalent information for the trader.
- More currency pairs : It is a platform with more than 150 currencies to exchange. As the market matures, the new currencies are being listed. Probit ensures to keep the trading pairs updates as per the market trends
- Security: There are three key security features which Probit offers users. It uses offline or cold storage, storing 95% or more of digital assets in cold wallets, which protects its users against theft or loss. There is also a strong encryption program to store data is in place.