With over a million users per month, enhanced security and diverse offerings, Global ProBit s‘is made quickly a place in the ecosystem of cryptocurrency exchanges. The platform aims to facilitate the adoption of cryptoassets and, more generally, financial inclusion. From the trading interface to the automated bots, through the utility token or the Fiat-On Ramp feature, find out everything you need to know about this exchange in this article.
ProBit Global, services for professionals and beginners
ProBit Global, a trading platform, offers its users various products and an intuitive, professional and complete exchange. It is aimed at a large community of professional traders, beginners in cryptocurrencies, as well as experts in traditional finance. To best meet the needs of its customers, the exchange supports more than 800 altcoin trading pairs and the most popular stablecoins, such as BTC, ETH, USDC, DAI or even USDT.
In addition, Probit Global integrates with more than 1,000 marketplaces running on more than 100 blockchains, allowing its traders to trade and diversify their digital asset portfolios. More broadly, the company is committed to providing its users with a full bargaining space that is both professional and secure. ProBit Global, also offers its own token, PROB, give to his holders unlimited access to the platform and its services.
The Growth of ProBit Global
Since its launch, ProBit Global has grown in the world of cryptocurrencies. The original idea for the platform was born in 2017, when the founders of the exchange wanted to make it one of the world leaders in cryptocurrency trading.
Five years later, ProBit Global is well on its way to achieving this goal and expanding into the major continents of Asia, Europe and America. Now in the top 40 of the CoinMarketCap ranking, the exchange has more than 1 million monthly active users, values a trading volume of over $103 million and supports more than 1.5 million transactions per second. It also brings together local and global communities of crypto adepts thanks to its support in 14 languages.
Today, ProBit Global aims to maintain an impeccable level of security for its users to make cryptocurrencies accessible and facilitate their adoption. The platform aims to further diversify its offering with new products and services accessible to all levels of expertise. In addition to the basic options currently available, ProBit Global plans to offer new solutions over time, always combining security, flexibility, accessibility and performance.
For ProBit Global, security is a priority!
For the exchange, security is a big issue to protect users’ assets, their accounts but also the platform.
First, as a scholarship deprivation of libertyProBit Global stores over 95% of user assets in cold wallets, an effective way to prevent theft. The company also uses strong encryption algorithms that encrypt data multiple times to ensure the highest level of security.
User accounts also benefit from enhanced protection. The platform first verifies the user’s identity through the two-factor authentication system (2FA) using an OTP or hardware security key. ProBit also offers Universal 2-Factor Authentication (U2F).
Finally, ProBit Global provides physical security for its servers and web interface. Thanks to various security, session management and web security protocols, the web interface is particularly resistant to SQL injections, cross site scripting and Distributed Denial of Service (DDoS) attacks.
ProBit Global offers various trading services
ProBit Global makes it possible to automate crypto purchases, exchanges and even trading strategies. The platform provides traders with an exchange with a clear, customizable trading interface, suitable for young beginners and experts. There are several trading options available there, such as setting market or limit orders.
Users applying long-term strategies can lock their tokens on the platform, during staking events (duration limited by the platform) or even in auto-hold (the holder can deduct their assets from staking at any time). Like traditional savings accounts, locked assets earn a similar interest. In the sense that if the user deposits bitcoin, he will receive his rewards in BTC.
ProBit Global also offers to automate traders’ strategies through its integrated trading bots. Currently, the platform has 4 main bots: BitUniverse, Hummingbot, Deltabadger and Margin. Bots make, among other things, setting up grid trading, market making, dollar cost averaging (DC), Scale tradingBollinger bands or the Python strategy.
Last March, the platform also integrated a functionality of: Fiat-on-ramp, allowing users to purchase digital assets directly through the interface via credit card or bank transfer (SEPA). Finally, the ProBit Global application, which was previously only available on Android via Google Play, is now available on the App Store in iOS version.
PROB, the utility token that gives unlimited access to ProBit Global
At the end of 2018, ProBit Global launched PROB, the utility token that gives holders limited access to the platform’s functionalities and many other benefits. The token lets be in particular holders :
- To pay and obtain discounts on transaction costs;
- Get extra bonuses during referrals;
- To participate in certain platform events, such as trading competitions, Initial Exchange Offerings (IEO) or ProBit Global exclusive stablecoin events.
The amount of PROB token a user owns affects his membership level and participation in certain events.
Additionally, PROB/BTC, PROB/USDT, and PROB/ETH trading pairs are all listed on the platform, and at the time of writing, PROB is trading in the market at $0.161.
ProBit Global and its active community of crypto followers
Since its inception, ProBit Global has brought together a community of passionate traders, including 1 million monthly active users across the globe. The company also has 3 million monthly visitors and 50 million registered on custodial platforms and partner aggregators such as CoinMarketCap.
The platform regularly lists new projects and tokens it promotes through IEOs (Initial Exchange Offering). Every week, it launches global and local events for users to participate in, such as airdrops, Exclusives, or even strike events.
Active on social networks, ProBit Global regularly presents AMA sessions in French that the exchange organizes in collaboration with crypto projects.
Platform users can also participate in the referral program, which allows them to take advantage of discounts on transaction fees for each new account referred.
Finally, ProBit Global stays close to its communities through its networks and channels, informing its users through its newsletter and its weekly crypto news: ProBit Bits.
To conclude, Global ProBit is a professional exchange that offers services designed for users. The strong point of this platform lies in its security. ProBit Global continues to expand and is currently working on new offerings and features to bring to its users. So stay tuned!
The comments and opinions expressed in this article are the sole responsibility of their author and should not be considered investment advice. Do your own research before making an investment decision.
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