PROBIT GLOBAL

What is ProBit Global？

Probit, a cryptocurrency exchange based in South Korea, has made a mark in the digital asset trading field with its innovative and user - centric approach. It offers a full range of trading services: spot trading for basic and accessible transactions at real - time prices, margin trading for advanced users to borrow funds and expand positions, and a well - developed futures trading section with diverse contracts for different risk - tolerance levels. Supporting numerous trading pairs of major cryptos like Bitcoin and Ethereum, as well as emerging altcoins, it enables portfolio diversification. Security is its top concern, with a multi - layer infrastructure including cold storage for funds, advanced encryption for data, and real - time risk monitoring. The user - friendly interface has clear navigation and offers real - time market data, in - depth analysis tools, and trading signals for informed decisions, along with responsive customer support. Probit has witnessed steady growth in its user base and trading volume, constantly innovating and expanding services to stay competitive. Overall, it's a reliable and feature - rich choice for global crypto traders.

Pros and cons

Security

ProBit Global boasts that it takes security very seriously and implements a number of measures to protect its users' funds. These measures include:

• Cold storage: The majority of ProBit Global's user funds are stored in cold storage, which means that they are not connected to the internet and are therefore not vulnerable to cyberattacks.
• Multi-signature wallets: ProBit Global uses multi-signature wallets for some of its user funds. This means that multiple people must approve a transaction before it can be processed, making it more difficult for unauthorized individuals to access funds.
• Two-factor authentication (2FA): ProBit Global requires all users to enable 2FA for their accounts. This adds an extra layer of security by requiring users to enter a code from their phone in addition to their password when logging in.
• Security Center: ProBit Global provides a Security Center where users can learn about security best practices and check the security status of their account.

Cryptocurrencies available

ProBit Global lists over 800 cryptocurrencies. This includes a wide variety of cryptocurrencies, including Bitcoin, Ethereum, Tether, USD Coin, Binance Coin, XRP, Cardano, Solana, Terra, and meme coins like Dogecoin and Shiba Inu. Here is a table of the top 10 cryptocurrencies by market capitalization that are available on ProBit Global:

ProBit Global also lists a number of other cryptocurrencies, including meme coins, DeFi tokens, and stablecoins. ProBit Global is a hit among traders who want lots of different cryptocurrencies. Plus, they're quick with new coins – they can list them in just 24 hours after getting the request. That's faster than most other exchanges.

How to open an account？

Here are the steps on how to open an account with ProBit Global in around 6 steps:

1. Visit the ProBit Global website and click on the “Sign Up” or “Register” button to start the registration process.

2. Provide your email address, create a strong password, and agree to the terms and conditions of the exchange.

3. Verify your email address by clicking on the verification link sent to your registered email.

4. Complete the KYC (Know Your Customer) process, which typically involves providing personal information such as your full name, date of birth, and proof of identification. This step is important for regulatory compliance and to ensure the security and integrity of the platform.

5. Once your KYC documents are verified, you may need to set up additional security measures such as two-factor authentication (2FA) to enhance the security of your account.

6. After completing all the necessary steps, you should now have a registered account on ProBit Global and can start trading or using the platform's features and services.

How to buy Cryptos？

To buy cryptocurrencies on ProBit Global, whether through bank transfer or credit card, the process is user-friendly and secure. Here's how you can do it:

Buying Crypto with Credit Card:

• Start on ProBit Global: Go to the ProBit Global website and click on “Buy Crypto.”
• Currency and Amount Selection: Select your desired fiat currency and the purchase amount. Then, choose the cryptocurrency you want to buy and click “Buy.”
• Service Provider Selection: A list of service providers with current prices will be displayed. Choose a service provider and click “Continue” to lock in the price, noting that it will be re-quoted every 30 seconds.
• Terms Agreement: Read through the disclaimer, agree to the terms and conditions by checking the box, and click “Confirm” to be redirected to the service providers website.
• Identity Verification: Complete an identity check process on the service providers website, required for first-time purchasers.
• Add Payment Method: Once your identity is verified, add your credit card as the payment method and proceed with the purchase.
• Complete the Purchase: After completing the transaction, you can monitor its status by checking your wallet and transaction history.
• Receive Crypto: Once the blockchain transfer is complete, the purchased cryptocurrency will be deposited into your ProBit Global wallet.

These steps ensure a smooth and secure process for purchasing cryptocurrencies on ProBit Global, whether you prefer using a bank transfer or a credit card.

Fees

Trading fees range from 0.03% to 0.20%, depending on your trading activities.

Stake PROB tokens and enjoy reduced trading fees, starting as low as 0.05%.

Higher PROB stakes mean higher membership levels and even bigger fee discounts.

Besides, you can get a discount by staking PROB. By staking PROB, your membership level rises, leading to more significant trading fee reductions.

Use PROB for Fee Payment: Use your PROB tokens to cover trading fees and receive discounts of up to 40%.

Additionally, when you pay with PROB, enjoy an extra 0.02% reduction on transaction fees.

Deposit & Withdrawal

ProBit Global only accepts cryptocurrency deposits, meaning you can't use regular money to buy or sell digital assets there. For deposits, you can only use cryptocurrencies.

ProBit Global Korea traders can put in South Korean Won (KRW) deposits, but it's only for those who prove who they are on the platform. ProBit Global doesn't charge any fees for putting in deposits, but there might be network fees when you take your crypto coins out of your wallet. How long it takes to withdraw depends on the crypto you're taking out and the network it's on.

Compare ProBit Global with other exchanges

Features
Trading Fees	0.03% ~ 0.20%	Maker: 0.04%, Taker: 0.075%	Maker: 0.05% - 0.1%, Taker: 0.1% - 0.5%	Maker: 0.5%, Taker: 4.5%
Cryptocurrencies	800+	500+	11	200+
Regulation	KISA ( Exceeded)	Regulated by NMLS, MAS/FinCEN (Exceeded)	Regulated by FSA ( Japan), NMLS, CSSF, DFI, NYSDFS	Regulated by NMLS , FCA, NYSDFS, SEC (Exceeded), FINTRAC (Exceeded)