Crypto industry is aggrandizing so rapidly as the people are taking interest in digital currencies & #blockchain technology but over the past couple of years, activities like security breaching & fund stealing also exalted.
In order to prevent these wrongdoings, we need to have a robust ecosystem who can prevent such malicious activities from happening.
We have eyewitness the security breaching & fund stealing maneuvers even at the well-known crypto exchanges in the recent past.
#ProBit has acknowledged all such malevolent things & established its own dynamic, innovative & most secured crypto Exchange i.e. #ProBit Exchange. Let’s talk about the vision & features of #Probit Platform.
How ProBit is different from other Exchanges.
ProBit is different from other Exchange in 3 key aspects.
1• Global in true Sense
ProBit has aimed to be truly Global with the digital asset Exchanges in the major financial markets.
It’ll be a Global Coin-to-Coin (C2C) Exchange with its local fiat-to-coin exchange services in different countries.
2• Professional
ProBit will have an electric trading engine which is not only fast but customizable &most convenient to use.
It’ll also have the numerous trading pairs to trade with which can give the vast experience to the traders.
Its trading engine can handle more than 1,500,000 transactions per second.
3• Most Secured
This is the key feature for every other exchange but ProBit will be different from other Exchanges altogether in the security features.
ProBit offers a wide array of options for traders so they can feel safe to store their funds & trade without any fear.
3 main features of #ProBit security are:
• ProBit stores 95% or even more digital funds in cold wallet.
• Data will be stored with the strongest encryption algorithm & private key of wallets is encrypted several times.
• Last but not least is, #Probit supports #FIDOU2F hardware security keys. It is impossible to hack if hardware security key lock is used. Google’s 2FA Authenticator is also supported.
ProBit Exchange also secured from Several attacks like SQL( Structured Query Language) injection, DDoS ( Distributed Denial-of-Service) attacks.
Trading User Interface
What I liked most about this exchange other than security features is the Customizable & most trendy UI. Which is equally comprehensive & convenient to use by the newbies & professional traders.
It’ll be the most customizable User Interface for any crypto exchange ever.
ProBit trading platform will support following professional trading options at the start.
1• Limit trades
2• Market trade
3• Stop limit trades
Post launch the exchange will provide various other features (as the exchange grows) like-
1• Margin Trading
2• Additional Trading pairs
3• ICO Marketplace Platform
Trading Pairs
Availability of a vast variety of coins is very much needed for any exchange to expand the use case among the traders & become popular.
ProBit has kept this thing in the first place. We will see the most trusted coins & tokens in the#ProBit Exchange.
ProBit will support the 5 coins as its base currencies. They are,
1• BITCOIN (BTC)
2• ETHEREUM (ETH)
3• EOS (EOS)
4• TETHER (USDT)
5• PROBIT TOKEN (PROB)
Overall ProBit Exchange will have more than 150 digital currencies & several trading pairs, so traders could get the various options for trading.
Device Support
ProBit Exchange can be accessed with the majority of devices.
It’ll support various Browser- based clients ( Chrome, Safari etc.), Android & iOS devices.
Roadmap
Probit Token ( PROB)
PROB is a utility token. It’ll be used to pay the fees#ProBit Exchange.
ProBit will issue 200,000,000 PROB tokens. The number remained constant means no further token will be generated. It will be an ERC-20 based token.
PROB worth 80% of the trading fee can be mined from the qualified transactions & issued to the
traders as a reward.
Suppose ‘A’ as a Maker trade 1000 BTC so the trading fee will be 1 BTC is required, at the same time PROBs worth 0.8 BTC (80% of Trading fee) will be mined.
This will be continued until all tokens allocated for mining ( 50% of total PROB i.e. 100,000,000 ) have been mined.
Trading Fee structure
Trading Fee will be 0.100% for Taker & 0.050% for Maker.
Additionally, if Fee is paid in PROB tokens, a discount of up to 50% applies to the fees rate (i.e., 0.050% for Taker & 0.025% for Maker)
KYC & Anti Money Laundering (AML)
To prevent the illegal & terrorist activities#ProBit Platform will do the KYC for the investors & traders.
For More information:
Visit Website: https://www.probit.com
Join Telegram Group: https://t.me/ProbitEnglish
Cryptoblogs.in