ProBit, a C2C cryptocurrency exchange strives to uplift the cryptocurrency trading experience. It aims to distinguish itself from the current look-alike exchanges that mostly have the same UI and offers similar features. ProBit works with a vision to provide Global, Professional and Secure trading platform for the users. It also has its own utility token -  PROB with a number of benefits.

ProBit Features

ProBit is a breath of fresh air amidst the cryptocurrency hassle. It provides a range of facilities. Here are some of the prominent features of ProBit exchange:

• Rapid Transaction Rate

• Fund Security

• Customizable Dashboard

• Variety of Trading Pairs

Let us take a look at each of the features briefly:

• Rapid Transaction Rate:

The developers at ProBit have really pulled up their sleeves to provide transaction processing capacity of 1,500,000 orders/second. This statistic surely makes ProBit one of the fastest crypto exchanges.

• Fund Security:

Many hacks and losses have been reported in the past. ProBit has learned the lessons from other cryptocurrency exchanges. It stores 95% of the customer funds in a secure cold storage or offline wallet. It also provides support for the legit FIDO U2F hardware security key and 2FA to the users.

• Customizable Dashboard:

This is probably one of the best features on ProBit. It lets you customize the dashboard as per your convenience and use. It thus welcomes both the beginners and proficient traders on the board.

• Variety of Trading Pairs:

Over 20 cryptocurrencies would be available (including BTC, ETH, USDT, EOS, etc.) to trade from the first day on November 30. And more than 150 cryptocurrencies are said to be listed on the platform over time.

ProBit also has a grand lottery event, referral program and social media bounty program. Moreover, features like Margin Trading, Index Trading, Futures Trading, etc. are in the bucket list.

PROB Utility Token

You can show your support for ProBit exchange by buying PROB tokens. PROB is the native utility token of the exchange. They are hard capped at two hundred million and provide various benefits to the users:

• Discounts on trading fees

• Early access to new features

• Exclusive voting rights for listing new tokens

• Higher referral bonus

The PROB holders are tiered into different groups: Standard, Sapphire, Emerald, Ruby and Diamond based on the number of PROB tokens they hold.

Interested traders can acquire PROB via pre-sale, ICO and mining. However, there won't be any airdrops so as to keep the prices a little steady and away from market bears. The exchange also plans for high potential growth with its insurance plan of buy-back tokens to retrieve 1 million PROB tokens and use them for emergency scenarios.

ProBit Team

The ProBit Team is lead by Hyunsu Do and Steve Woo.

Hyunsu serves as the CEO & Co-Founder and has formerly worked with  Kim & Chang law firm and B-Seed Partners - a fintech company. Steve is the CTO & Co-Founder in the organization. He has been in the software industry for over 25 years and had founded Linux International Inc. in South Korea.

The other team members of ProBit are:

• William Liao (COO)

• Seonguck Kim (CSO)

• Sunny Lim (Communication Director)

• Ronald Chan (Strategic Partnerships Director)

• Christine Barrera (Marketing Manager)

• Daewoong Yang (Front-End Developer)

• Jeonghyun Lee (Blockchain Expert)

• Yookyung Kim (UI/BX Designer)

ProBit Launch & Roadmap

ProBit Exchange is geared up to launch this month and here's the complete roadmap as stated in its whitepaper:

Conclusion

It seems like ProBit Exchange has a fresh mindset to crypto trading. It has got everything a crypto trader would ever need - wide array of  trading pairs, unparalleled transaction speed, reliable security, and bucket list of features to look forward to. However, only time will tell whether investors accept this new exchange with open arms or not.

Also Read: Ultimate Cryptocurrency Exchange Guide