What is ProBit Global?
ProBit Global exchange is a centralized cryptocurrency trading platform founded in 2017 and launched in November 2018 for Public users. It sets itself apart from other platforms by providing an exchange that can cater to every possible trader.
The platform is actively used by 2 Million users on monthly basis and it places a huge emphasis on the safety of its client’s funds. Not only that, but it also provides a trade mining service, enabling its users to mine certain trading pairs like ETH/USDT and BTC/USDT, and more.
Consequently, all this, combined with the platform’s advanced cryptocurrency trading features and more, can place it among the best choices for either experienced traders or beginners. Unlike most other Exchanges, ProBit Global claims that it only lists qualified and deserving cryptocurrencies to protect users from ponzi and fraud schemes.
Furthermore, its user interface is customizable, and its users have the option of acquiring a hardware security key alongside two-factor authentication. All this also brings to mind the three main reasons why ProBit promotes itself as an Exchange that every Professional Trader chooses.
Probit Global Exchange also has an advanced order-matching system which reportedly is capable of processing more than 1.5 million orders per second.
Where is ProBit Global located?
Founded in 2018, ProBit Global is a South Korean Exchange based in Seoul. However, since it planned on expanding into the global market through the introduction of ProBit Global, it established another headquarters in Seychelles, East Africa. So, the ProBit exchange is mainly based in two locations: East Africa and South Korea.
Who created ProBit Global?
The exchange was founded by Steve Woo and Hyunsu Do, both of whom are still trying their best to aid the platform in achieving its initial goal. Currently, Hyunsu Do is serving as CEO of MEXC and specializes in investments, engineering, and management. Steve Woo, on the other hand, is the CTO and has a lot of experience in security, UI, Linux systems, and more.
Who owns ProBit Global?
ProBit Global is operated by its parent company, ProBit Global Services Limited. As for its South Korean branch, i.e., ProBit Korea, Oceans Inc. is responsible for running it.
ProBit Global exchange customer service for Pakistan
Pakistani as well as global users can get assistance regarding any issue related to ProBit Global Exchange via Customer support on the Platform. All you have to do is to head on over to its website, scroll to the very bottom, and click on the “Contact Us” button. However, it would be preferable if you read through its extensive FAQ section first, which takes you through all the basics and more, before submitting a request.
Probit Customer support runs every day except on weekends, i.e., Saturdays and Sundays.
Pros and Cons of ProBit for Pakistani Investors
Pros
- Trading costs are minimal.
- Offers a wide range of cryptocurrencies to Trade
- Accessible in Pakistan without any limitations
- KYC is not mandatory for Pakistani and Global users
- It has good security and a well-designed user interface.
Cons
- Its customer support needs improvement.
- It lacks proper future trading.
- Lack of support in other languages
Is ProBit Global safe for Traders in Pakistan?
ProBit Global exchange is highly secure for global and Pakistani Traders. Since its launch 5 years back to date, it has never suffered any sort of data leak or hack. Users on the ProBit Global exchange can secure their accounts using any of the robust security measures offered such as 2-FA, Mobile Phone Binding and more.
Yes, Probit Global exchange is pretty safe for Pakistani Traders. By taking such extra security measures, you can make it even harder for bad actors to drain your accounts.
How to’s of ProBit Global Exchange
If you are looking to buy cryptocurrencies on this exchange, then you obviously have to register first. If you are a newbie then follow this below guide to learn how to buy Crypto on ProBit Global exchange from Pakistan.
- Sign up
- Head over to its official website or Google Pay app and click on the “Register” button.
- After that input details and complete the form that appears, spend some time familiarizing yourself with the terms and conditions, and tick the checkboxes outlined below. Once you agree to their terms and conditions and check every box, a pop-up window will appear. Click Confirm once you have read the warning. Click on Register once again, and another pop-up window will open. Go through the captcha procedure and open your email, as you will receive a verification code. Copy and paste that code, and then click on Verify to complete the basic registration process.
- Login
- Now that you have created your account, select Go to log in page to proceed. Following that, just add your email address and password, click on the Log in button, and once again, you will have to complete a captcha, and then you can begin trading using your account.
How to deposit on ProBit Global from Pakistan
To start trading or buying cryptocurrencies on ProBit Global exchange, one will obviously need to first deposit some funds into their account no matter whether you are from Pakistan, the USA, Korea or any other country. So, at the website’s navigation bar, click on Wallet and Balance. Inside the Balance section, details involving your balance for all tokens accessible for deposits can be viewed. You will see Deposit and Withdrawal options for every coin as well.
Select Deposit and type the name of the token you wish to deposit in the search field. Consider reading the notes within the box titled Important.
After that, you can either scan the QR code that is visible to the right. If you don’t want to use QR Scan then copy the deposit address of the token. Then, head over to the exchange or wallet from which you wish to transfer your tokens and initiate a transfer or send to the deposit address that you just copied. However, it would be better to transfer a small amount first, just to see if everything is in order.
Once all that is done, go to Wallet again and click on Transaction History. Until it is processed completely, the transfer will be seen as confirming and then finally show up in the balance section.
How to withdraw on ProBit Global from Pakistan?
The method of withdrawing cryptocurrencies on ProBIt Global for Pakistani and global users is pretty much similar to a deposit. In order to do this, go to the Balance section again and type in the name of the cryptocurrency you wish to withdraw to check its balance.
Then, click on Withdrawal, open your receiving wallet copy deposit address, and then paste that copied address here on the ProBit Withdrawal address section enter the amount you wish to withdraw and click on Withdraw. Exchange will require some additional security verification if it is active, complete it to successfully withdraw your crypto.
How to transfer from ProBit Global to Trust Wallet?
To transfer funds from your ProBit Global account to Trust Wallet, just follow the steps highlighted in the withdrawal procedure above. Copy the deposit address from Trust wallet, paste it here in the respective field, enter the amount and click on withdraw.
How to buy XRP and SHIB on ProBit Global in Pakistan?
Other than the deposit procedure highlighted above, users can buy cryptocurrencies through a bank transfer or credit card as well as instantly with the integrated ProBit Exchange functionality from Pakistan.
However, keep in mind cryptocurrencies listed for buying via credit card instantly are limited in numbers. Once you have some balance in the account go to trade section and select XRP or SHIB pair whatever is your favourite and with the help of Limit and Market orders buy any amount of XRP and SHIB without any limitations.
How to stake on ProBit Global from Pakistan?
Investors from Pakistan who want to stake on ProBit Global exchange can do so by visiting the staking page, which is found below the Events section, and choosing from the list of various staking events provided there. All the relevant details regarding the lock-up periods and event conditions will be provided, so be sure to check those out.
How to transfer from Binance to ProBit Global?
Transferring funds from the Binance exchange to ProBit Global exchange is easy. First, withdraw your funds from Binance and transfer them to your wallet. Then, just follow the deposit procedure highlighted previously.
What is ProBit Global API?
ProBit Global utilizes an HTTP/WebSocket API to fuse and capture data. Moreover, the WebSocket API it uses communicates in JSON strings and enables you to adapt to numerous changes, such as open orders, market data, balance, and trade and order histories. If you wish to use any of these APIs to access your account, you will have to acquire and specify the OAuth access tokens involved in your request.
Also, one can register any withdrawal address within the API, and because of that, they can acquire more control since they could limit the functions of all API keys.
If you want to know more about ProBit’s API then documentation can be viewed on their website.
What coins does ProBit Global support?
According to CoinGecko, ProBit Global currently has more than 500 cryptos and over 650 trading pairs available, which include most of the major cryptocurrencies like Bitcoin, Ethereum, Solana, BNB, TRX, Dogecoin, XRP and more.
FAQs
Is ProBit Global legit in Pakistan?
The Exchange (ProBit Korea+ProBit Global) is completely legitimate and the development team that works for ProBit Korea is also responsible for ProBit Global as well. Hence, we can say it is trustworthy and reliable.
Is ProBit Global exchange available in Pakistan?
Yes, Crypto Traders from Pakistan both retail and business owners can trade on this Platform. All the features from Leveraged trading to Spot and more are accessible to Pakistani users.
How to buy crypto on ProBit Global in Pakistan?
To begin buying cryptocurrencies on ProBit Global exchange in the Pakistani area, first, deposit some funds in your account. Go to Wallet and to Balance; in the Balance section, your balance details for available cryptocurrency deposits will be shown. You will see Deposit and Withdrawal selections in all cryptocurrencies you are holding.Next step, click Deposit and type the crypto in the search box. Scan the QR code that is visible to the right, or go to your preferred exchange or wallet and initiate a transfer or send to your copied deposit address. We recommend transferring a small amount first, to see if it works properly. Wait for a few minutes for the processing time, and then go to Wallet and check Transaction History for balance confirmation.
