Probit Exchange Review – Fees, Supported Countries & Coins, Deposits & Withdrawals
In the burgeoning world of cryptocurrency, ProBit Global emerges as a beacon of reliability, offering a secure and world-class cryptocurrency exchange. For those on the hunt for the next big Web3 coin or looking to dip their toes into the DeFi waters, ProBit Global is your go-to platform.
With a vast array of over 800 verified crypto listings, users have access to a plethora of markets, including major tokens like Bitcoin and Ethereum.
ProBit Global has revolutionized crypto trading by providing easy fiat on-ramp facilities, a fully modular trading dashboard, and trading discounts for members who opt to pay with their native PROB token. Join the thriving community of over 2 million users who have placed their trust in ProBit Global for a seamless cryptocurrency experience.
What you'll learn 👉
Account Creation and Referral Program
Embarking on the ProBit Global journey is a seamless process. The platform offers a lucrative referral program, rewarding users with bonuses ranging from 10% to 30%, contingent on their PROB Membership Level. The VIP6 tier and above reap the highest rewards, clocking in at a whopping 30%.
Learn & Earn
ProBit Global doesn’t just stop at trading; it educates. The platform regularly rolls out Learn & Earn courses, some of which are exclusively available to new users within their first few weeks of signing up. This initiative is a golden opportunity for users to immerse themselves in the world of the latest tokens and blockchain technologies while pocketing some crypto-based rewards.
Features and Services
Fiat On-Ramp and Crypto Purchases
ProBit Global has revolutionized the crypto purchase process by offering fiat on-ramp facilities for over 90 global currencies. In collaboration with trusted payment gateways, the platform ensures a smooth transaction process for purchasing cryptocurrencies using credit cards or bank transfers.
The exchange interface of ProBit Global is a testament to its user-centric approach, offering a fully customizable dashboard. The integration with TradingView is the cherry on top, providing users with a suite of technical analysis tools at their fingertips.
ProBit Global takes the trading experience up a notch with its Trading Competitions. These competitions are not just about trading; they’re about community, excitement, and rewards. Participants can win prizes based on their leaderboard ranking, with eligibility contingent on staking a specific amount of PROB.
Staking and Auto Hold
The platform offers a diverse range of staking options, with rewards varying from 10% to over 200%. Some tokens available for staking come with a fixed date range, adding an element of anticipation for users. Additionally, the auto hold feature allows users to earn rewards without the constraints of a lockup period.
API and Automated Trading
ProBit Global is at the forefront of technological integration, utilizing HTTP/WebSocket API for data capture and fusion. The platform is also integrated with Deltabadger and Margin, providing users with a plethora of automated trading tools, customizable using Python.
The ProBit Exclusive platform is a testament to the platform’s commitment to providing value to its users. This feature allows users to purchase specific tokens at a discount, with the requirement of staking a specific amount of PROB.
ProBit Global’s global footprint is evident in its localization efforts, offering services in more than 40 languages. This commitment ensures that the platform is accessible to users from all corners of the globe.
Listings and IEOs
With over 700 tokens integrated and more than 100 blockchains supported, ProBit Global stands tall in the crypto exchange landscape. The platform’s Listing and IEO packages are comprehensive, streamlined, and backed by a responsive Business Development Team.
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ProBit Global doesn’t take security lightly. The platform employs a multi-faceted approach to security, including cold wallet storage, robust encryption algorithms, and two-factor authentication. Additionally, the platform is fully compliant with KYC, KYB, and AML regulations, ensuring a secure trading environment for all users.
At ProBit Global, users are subject to fees for trading, depositing, and withdrawing cryptocurrencies. Let’s delve into the specifics of each fee structure.
When it comes to trading, the default fee stands at 0.2%. However, ProBit Global offers a lucrative opportunity for users to enjoy discounted trading fees. VIP members and those who choose to stake the ProBit Token (PROB) can significantly reduce their trading fees. In fact, VIP level 6 members can enjoy trading fees as low as 0.03%, while users staking PROB can benefit from fees as low as 0.05%. For a detailed breakdown of the trading fee discounts, users can refer to the table provided on the ProBit Global website.
On the flip side, ProBit Global ensures that users are not burdened with deposit fees for cryptocurrencies, as the platform does not charge any fee for deposits.
However, it’s important to note that withdrawals are subject to dynamic fees, which may vary based on the prevailing network conditions. When users initiate withdrawal transactions to crypto addresses outside of ProBit, they may incur a “transaction fee” or “network fee.” It’s crucial to understand that this fee is not pocketed by ProBit, but rather, it goes to the miners or validators as compensation for their role in processing the transaction.
While ProBit Global charges a default trading fee of 0.2%, users have the opportunity to reduce this fee by attaining VIP status or staking PROB. The platform is user-friendly when it comes to deposits, charging no fees whatsoever. However, users must be mindful of the dynamic withdrawal fees that may apply when transferring cryptocurrencies outside of the ProBit ecosystem.
ProBit Reviews on TrustPilot
ProBit Global has garnered a mix of reviews from users on TrustPilot, reflecting the diverse experiences of its user base. One user, on September 9, 2023, shared their positive experience with the platform, praising its promotional events and content creator partnerships. However, they also highlighted areas for improvement, noting the need for enhanced liquidity and a broader range of purchase and swap options to elevate the platform’s appeal among traders.
Another user, on September 1, 2023, lauded ProBit as their go-to crypto platform, citing the high level of trust, transparency, and quality of listed coins as key factors that have solidified their loyalty to the exchange. This user’s satisfaction with ProBit’s offerings is indicative of the platform’s commitment to providing a reliable and user-friendly trading environment.
Furthermore, a review from November 29, 2022, by a Portuguese-speaking user, echoed similar sentiments of confidence in ProBit. The user commended the platform’s ease of use, intuitive interface, competitive rates, and overall excellence as a trading tool. This positive feedback is a testament to ProBit’s global reach and its ability to cater to the needs of a diverse international user base.
ProBit Global is a powerhouse in the cryptocurrency exchange landscape. With its user-friendly interface, diverse range of product offerings, and commitment to security, the platform is a haven for both novice and professional investors alike. Whether you’re looking to dive into the world of crypto trading, earn rewards through trading competitions, or simply educate yourself on the latest blockchain technologies, ProBit Global has you covered.
- Offers over 800 cryptocurrencies and tokens to trade, providing ample opportunities for portfolio diversification.
- Provides solutions for passive investors such as staking, algorithmic trading, and an attractive affiliate program allowing users to earn additional income.
- Offers a highly intuitive and attractive user interface that makes trading seamless.
- Low trading fees ranging from 0.03% to 0.2% per trade compared to other exchanges, allowing users to save on trading costs.
- Provides a wide range of crypto pairs available for trading globally, catering to investors across borders.
- Allows users to participate in crypto mining via the platform and earn additional digital currency rewards.
- Lacks margin trading capabilities for leveraged trading which some investors prefer.
- Withdrawal of earnings in fiat currencies is not permitted, only cryptocurrency withdrawals are allowed.