Probit Exchange is an international cryptocurrency exchange. It was launched in November 2018 by South Korean businessman Hyunsu Do, where anyone can register and start trading cryptocurrency without mandatory identity verification.
The registration process on the Probit Exchange
Registration on the Probit Exchange is not much different from registration on other sites or cryptocurrency exchanges and takes place in the following sequence:
- Go to the official website of the Probit crypto exchange (https://www.probit.com/ru-ru/).
- Click on the “Register” button in the menu;
- On the page that opens, fill in the registration form (email, password), then click on the button at the bottom of the registration form;
- Go to your email inbox and open the letter that will immediately come from the Probit Exchange, follow the link in it, and confirm your Email.
Upon completion of the registration process, you can immediately enter your account on the crypto exchange and go to the account settings to activate 2FA account protection, after which you can proceed to account replenishment and trading on the exchange.
Account verification on the Probit crypto exchange
Identity verification and passing the KYC procedure on the Probit Exchange is not mandatory procedure. Anyone who needs to trade on the crypto exchange in pairs with the USDT cryptocurrency can go through account verification.
Verification of an account on the Probit exchange takes place in the following sequence:
- In your account on Probit, the exchange goes to the “Verification” section.
- On the page that opens, fill in information about yourself (name, citizenship, gender, date of birth, postcode, and address of residence).
- Upload high-quality photos (or scanned copies) of your identity document. It is also necessary to upload a selfie photo with these documents (so that the face and documents are visible).
Depositing an account on the Probit Exchange
You can replenish your wallet balance on the Probit exchange using any of the cryptocurrencies available on the crypto exchange. To top up your account, you must:
- In your account on the exchange, select Wallet – Deposit in the upper menu.
- On the page that opens, on the left in the search menu, find the required cryptocurrency. After it, the wallet address will be displayed to the right of it, to which you need to transfer the required amount of the selected cryptocurrency;
- Send cryptocurrency to the copied address.
Trading on the Probit Exchange
The trading terminal on the Probit exchange outwardly does not differ much from other crypto exchanges and consists of the same windows (a table for choosing a cryptocurrency pair, a chart with a rate for a selected pair, and a form for placing buy or sell orders).
To start trading on the Probit exchange, you need to perform the following actions:
- In your account on the exchange, select Exchange in the menu;
- On the opened page of the trading terminal, in the table on the left, select the required trading pair (in the example: XRP / USDT). In the center, a chart of price changes for this pair will immediately be displayed, and to the right of it, there are active buy and sell orders;
- To buy or sell XRP paired with USDT, you need to select the type of order in the buy (sell) form on the right, indicate the amount of cryptocurrency to buy (sell), the cost (when choosing a limit order), and press the BUY (SELL) button.
Withdrawing funds on the Probit Exchange
The sequence of withdrawing cryptocurrency from the Probit Exchange is quite similar to replenishing an account on the crypto exchange. For this, you need:
- In your account on the exchange, select Wallet – Withdraw funds from the menu.
- On the page that opens, in the search form, select the required cryptocurrency, after which the withdrawal form will be displayed on the right (you need to fill in the recipient’s wallet and the withdrawal amount, and then click on the Withdraw button under this form).
- After ordering a withdrawal, the exchange operator will, first of all, approve it, after which the cryptocurrency will go to the previously specified wallet.
To withdraw each cryptocurrency, it is necessary to take into account the minimum amount for withdrawal for it (indicated under the search form on the withdrawal page).
Commissions and limits on the Probit exchange
The trading commission on the Probit Exchange depends on the account level (there are 11 levels in total, which depend on the number of PROB tokens staked on the exchange wallet).
Standard trading commission = 0.2% (can be reduced to 0.03%).
Without verification, the limit for withdrawing funds from the exchange is 10,000 USDT (or the equivalent in another cryptocurrency).
Probit Exchange Advantages
- High-quality modern trading platform for buying and selling various cryptocurrencies with rich functionality;
- Large selection of cryptocurrencies (Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Presearch (PRE), Elastos (ELA), Holo (HOT), Chainlink (LINK), QTUM, NEO, NANO, etc. ) and trading pairs;
- Low trading fees;
- High performance (processing capacity up to 1.5 million identical orders per second);
- High reliability (95% of the exchange’s assets are stored in a cold wallet). Also, in each account, you can connect 2FA authentication;
- Functional advanced trading interface (convenient for both beginners and experienced cryptocurrency traders);
- There is an internal PROB token (token holders receive several bonuses and benefits);
- Trading mining is available to users on the exchange (you get bonuses from the exchange in PROB tokens when trading BTC / USDT, ETH / USDT, XRP / USDT, ETH / BTC, or XRP / BTC if more than 2000 PROB are staked on the exchange);
- Profitable referral program (you can earn from 10% to 30% of the exchange commission on attracted traders);
- For the convenience of users, the official mobile application for Android OS “ProBit Global: Mobile Crypto Trading Exchange” is available, which can be downloaded from the official website of the crypto exchange or through the Google Play Market.