How to Start ProBit Trading in 2022: A Step-By-Step Guide for Beginners

How to Start ProBit Trading in 2022: A Step-By-Step Guide for Beginners


How to Register at ProBit
 

How to Register a ProBit Account【PC】

Enter probit.com, you should see a page similar to below. Click on the "Register" button in the upper right corner. We support users to register an account with an email address.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
  1. Input your E-mail address
  2. Then set the login password
  3. Read through and agree to the "Terms of Use"
  4. Click "Register" button

Please use a secure password which includes at least 1 upper case letter, lower case letter, number, and special character.

How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
Wait for the email verification code to be sent to your mailbox and enter the verification code you received. Click "Verify" button.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
Congratulations that you have completed the registration and are able to login to use ProBit now.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners

How to Register a ProBit Account【APP】

Open ProBit app and tap [Please log in]. We support users to register an account with an email address.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
Tap [Register].
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
Read through and agree to the "Terms of Use".
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
  1. Input your E-mail address
  2. Set your login password
  3. Click "Next" button
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
Wait for the email verification code to be sent to your mailbox and enter the verification code you received. Then tap "Verify".
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
Congratulations that you have completed the registration and are able to use ProBit now.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners

How to Download ProBit APP for Android?

1. Visit probit.com and you will find "Download" at the bottom of the page, or you can visit our download page: https://www.probit.com/en-us/download-app.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
The mobile app for Android is downloable in the Google Play store: https://play.google.com/store/apps/details?id=com.probit.app.android2.release.global.

2. Press "Install" to download and install it.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
3. Press "Open" to launch your ProBit App to get started.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners

How to Verify Account in ProBit

You are now on your ProBit Global account page “MY PAGE”, and can complete a KYC (“Know Your Customer”) verification process to unlock further exchange features, such as increased daily withdrawal limit and Initial Exchange Offering’s (IEO).

*Starting from December 17, 2021, 09:00 UTC, users are required to have completed KYC2 to join IEO.

To complete the process, look where it says “Verification (KYC)” and click in the right corner of that section “Verification”. 
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
Press “Verify now” to continue.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
Press "Next".
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
Upload a photo of your ID or passport, as well as a photo of yourself holding the identification document and fill in the “VERIFICATION” form with your personal information. Click “Next”.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
Your request is now under review. You will be notified by email with the subject line “ProBit Global KYC result” whether your request has been approved. This can take up to a few hours.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
Once approved, log into your ProBit Global account at https://www.probit.com/. On your “MY PAGE” the status of your KYC will say “Verification Complete”.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
 

How to Deposit in ProBit
 

How to Deposit Crypto

1. Please log in to your ProBit Global account.

2. Click on Wallet - Deposit.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
3. Input the coin name. (e.g. click XRP when depositing Ripple).
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
*Important Note about Memos

  • There are some tokens such as XRP that require a specific memo to be inputted. If you forget to specify the memo you will need to send a ticket to ProBit Support for assistance in recovering your transaction. Remember, that our admins will never ask you for your password or for you to transfer money. Only emails from [email protected] are real admins.
  • Note that a recovery fee may be incurred so always double-check to see if a memo is required.

How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
4. Please make sure to check the precautions and double-check all deposit details before proceeding. You can click on Copy to get your deposit address. Double-check the note under the deposit address as well.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
*If you enter the wrong deposit information, please contact support for assistance. Note that these can incur a recovery fee so always confirm details before proceeding. Token recovery may take a few weeks. You may refer to this guide for more details:

*Confirmations

  • Once the transaction has started, it may take some time for the deposit to come through due to network confirmations. These confirmations are to prevent double-spending attempts and are automatically processed.

How to Buy Crypto with Credit Card

1. Head to the ProBit Global website and click on “Buy Crypto”.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners

2. Select the specific fiat, total purchase amount, and the cryptocurrency you want to buy. Click on buy to proceed.

*E.g. 100 USD to purchase $100 worth of ETH.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
3. A list of service providers and the current price will be displayed. Select Moonpay and click next to lock in the displayed purchase price.

*Note: The purchase price will automatically be requoted every 30 seconds.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
4. Read through the disclaimer and check the box to agree to the terms and conditions. Once you click on confirm, you will be redirected to the chosen service provider’s website.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
5. Follow the instructions and after you enter your credit card billing address, you will be prompted to complete the identity check process with a valid ID.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
6. Once your identity verification is completed, add your preferred payment method and a payment screen will appear. Check on the box to agree to the terms and conditions, then click on buy now to lock in the displayed purchase price.

*Note: The purchase price will automatically be requoted every 10 seconds.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
7. Your transaction is now complete and you can now track its status by opening your wallet and checking your transaction history.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
8. Once the blockchain transfer is completed, your purchased crypto will be deposited into your ProBit Global wallet.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners

How to Buy Crypto with Bank Transfer

Please check below to see if you are eligible to buy crypto with bank transfer.

Users from ineligible countries including the US may buy crypto with credit card instead.

Country/Region

Fiat Currency

Bank Transfer

SEPA countries

EUR

YES (SEPA and SEPA Instant)

UK

GBP

YES (UK Faster Payments)

Brazil

BRL

YES (PIX)

USA

USD

NO


1. Head to the ProBit Global website and click on “Buy Crypto”.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
2. Select one of the eligible currencies mentioned above (ex. EUR, GBP, or BRL), then enter the total purchase amount and the cryptocurrency you want to buy. Click on buy to proceed.

*E.g. 100 EUR to purchase €100 worth of BTC.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
3. A list of service providers and the current price will be displayed. Select Moonpay and click next to lock in the displayed purchase price.

*Note: The purchase price will automatically be requoted every 30 seconds.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
4. Read through the disclaimer and check the box to agree to the terms and conditions. Once you click on confirm, you will be redirected to the chosen service provider’s website.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
5. Proceed with the identity check process.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners

6. Once the identity check is completed, you will be prompted to enter your IBAN or enter the details of your bank account depending on the selected fiat.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
7. Complete the proceeding steps and you will be able to complete your purchase by locking in the displayed purchase price.

*Note: The purchase price will automatically be requoted every 10 seconds.

8. Your transaction is now complete and you can now track its status by opening your wallet and checking your transaction history.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
9. Once the blockchain transfer is completed, your purchased crypto will be deposited into your ProBit Global wallet.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners

How to Trade Crypto at ProBit


How to execute a Trade

1. Once you have deposited sufficient funds into your account to start trading, click “Exchange”.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
2. You will be directed to the exchange. Take a few minutes to get familiar with the interface of the ProBit Global trading platform.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
3. On the left-hand side of the interface, you can see all available markets with their trading pairs. In the middle of your screen is the price chart for the selected trading pair. On the right-hand side, below the “ORDER BOOK” and “TRADE FEED” is the order execution section, “BUY” and “SELL”, where you can execute trades.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
4. For example, if you want to trade the ProBit Token (PROB), search “PROB” or “ProBit Token” in the input field of the market section on the left side of your screen. The price chart will switch to the trading pair PROB/USDT. Go to the order execution section. By default, “LIMIT” is selected.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
5. Next to where it says “BTC Balance” of the BUY section and “PROB Balance” of the SELL section you can see “GTC” and a small arrow pointing down. When you click that, a drop down menu will open up with four types of limit orders as listed below. Prior to initiating any of these orders, you should have an understanding of each type of order.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
6. Enter or adjust the price to execute in BTC, and the amount of PROB to buy. The total amount of BTC or USDT to trade will be calculated automatically. Click the BUY button to place your order. In this example, we entered a limit order to buy 100 PROB at a price of 0.00001042 BTC per PROB. The total cost of the order is 0.001042 BTC. Alternatively, you may click on the price you would like to transact on in the order book for it to be automatically reflected as your limit order price volume.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
7. Once your order has been placed you will automatically receive updates about your order on the bottom of the left-hand side of the interface. When making a buy order, the price has to match the sell order book orders, and vice versa.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
8. Your order will appear in “OPEN ORDERS” or “ORDER HISTORY” below the order execution section, depending on order status.

Congratulations! You’ve executed a trade on ProBit Global.


How to Complete a Limit Order

Here are some tips that you can follow when completing a Limit Order:

🔸 Clicking on one of the prices in the order book will apply that particular price automatically.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
🔸 You can also input the exact amount you wish to purchase in the Amount box.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
🔸 Another convenient option is the % bar, which can be clicked on to automatically apply a certain percentage of your holdings towards a transaction. In this example, clicking 25% would purchase PROB equal to 25% of your total BTC holdings.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners

How to Withdraw at ProBit
 

1. Please log in to your ProBit Global account.

2. Click on Wallet - WIthdrawal.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
3. Input the coin name. (e.g. click XRP when withdrawing Ripple).
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners

*Important Note about Memos
  • There are some tokens such as XRP that require a specific memo to be inputted. If you forget to specify the memo you will need to contact the customer support of the receiving exchange/wallet for assistance in recovering your transaction.

Where to find your withdrawal address?
  • Your withdrawal address is usually either the address of your wallet or the DEPOSIT ADDRESS of the same coin in another exchange.

Important Precaution
  • Please double-check the relevant coins withdrawal address, amount, and the precautions before proceeding as ProBit Global can not guarantee any recovery of assets due to an incorrect address.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
As noted in the Withdrawal screen, there are minimum amounts required for withdrawals and withdrawal fees in the event of a withdrawal.

If your withdrawal has not occurred after 24 hours, please open a ticket with our support team to assist you.


 

Frequently Asked Questions (FAQ)


Verification

What is KYC?

KYC is a process that is used to verify your personal information.

KYC STEP 1: Email verification
  • All successfully registered users are granted KYC STEP 1.

KYC STEP 2: Identity verification
  • Completing KYC STEP 2 allows users to enjoy unrestricted access to ProBit Global and its services, while having an additional layer of security for themselves and their assets.

Completing KYC STEP 2 allows users to enjoy unrestricted access to ProBit Global and its services, while having an additional layer of security for themselves and their assets.

ProBit Global is committed to the safety of its users by complying with financial regulations including anti-money laundering (AML). Know Your Customer (KYC) is a component of AML in which user identities are verified for due diligence.
 

What Features will be Enabled When I Complete KYC STEP 2?

Users who have completed KYC STEP 2 will have unrestricted access to the following:

KYC STEP 1

KYC STEP 2

Deposit

YES

YES

Withdraw

YES
up to $5,000

YES

up to $500,000

Trading

YES

YES

Staking

YES

YES

Exclusive Subscription

YES

YES

IEO Participation

NO

YES

*Withdrawal limit can be increased to $500,000 for KYC-verified accounts maintaining 2FA activation for a minimum of 7 days.


Is my Country Eligible to Complete KYC?

Please note that citizens of the following countries will be unable to complete KYC:
  • Afghanistan
  • Albania
  • Algeria
  • Bahamas
  • Bangladesh
  • Barbados
  • Bolivia
  • Burkina Faso
  • Cambodia
  • Cayman Islands
  • Cuba
  • Ecuador
  • Ghana
  • Haiti
  • Iran
  • Iraq
  • Jamaica
  • Jordan
  • Macedonia
  • Mali
  • Malta
  • Mongolia
  • Morocco
  • Myanmar
  • North Korea
  • Nepal
  • Nicaragua
  • Pakistan
  • Panama
  • Senegal
  • Seychelles
  • Singapore
  • South Sudan
  • Sri Lanka
  • Syria
  • Trinidad and Tobago
  • Uganda
  • Vanuatu
  • Venezuela
  • Yemen
  • Zimbabwe

Deposit

When will I receive my purchased crypto?

It may take up to a few hours to process your first crypto purchase due to the identity check process by the service provider.

It will take within 1-3 working days to process bank transfers
 

What are the fees for bank transfers?

  • Bank transfers will incur a fee on Moonpay
  • Additional fees may be applicable based on individual bank policy


Are there any verification procedures required?

All ProBit Global users including KYC STEP 2 verified members are required to complete Moonpay’s identity check process before making their first crypto purchase or sale.  

 

Trading

What is a Limit Order?

A Limit Order is a conditional trade based on set prices determined by the trader. The trade will set a maximum or minimum price for a traded asset. The trade will not be executed unless the trade is made at a particular price (or better). Other conditions can be added to the limit order to accomplish the goals of the trader. With the nature of this trade, it is not guaranteed to be executed.

When placing a limit order, clicking on GTC will show the different types of orders.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
The types of limit orders that are supported are listed here:
  • GTC - A GTC order is an order that is executed at a specified price point, regardless of the time frame involved in reaching that point.
  • GTCPO - A GTCPO is a limit trade that is completed only when it can’t be executed immediately.
  • IOC - An immediate or cancel order (IOC) is an order to buy or sell a security that executes all or part immediately and cancels any unfilled portion of the order.
  • FOK - Fill or kill (FOK) is a type of time-in-force designation used in securities trading that instructs a brokerage to execute a transaction immediately and completely or not at all.
 

Why Hasn’t My Order been Filled?

Your open order should be reasonably close to the most recently traded price or it will not be filled. Please keep this in mind when designating your specific price.

Reminder:
🔸 Clicking on one of the prices in the orderbook will apply that particular price automatically.

Pending orders that are waiting to be filled will appear in the open order box:
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners
*Important note: You can cancel open orders that appear above in the open order section. If your order isn’t being filled please cancel and place an order closer to the most recently traded price.

If your available balance is showing as empty, please check to see if you have any open orders.

Orders that are successfully filled will appear in both Order History and Trade History boxes.
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners


Trading Fees

The default trading fee at ProBit is 0.2%. ProBit’s VIP membership structure provides effective trading fees as low as 0.03% when VIP 6 level and above. Paying transaction fees using PROB tokens also gives enhanced bonuses as well. 


 

Withdrawal
 

Withdrawal Fee Structure

You may find the withdrawal fee when submitting a withdrawal request. Fees depend on the blockchain of the token being withdrawn. Each token has a different withdrawal fee, so please be sure to check it on the withdrawal page.

Probit.com - Wallet - Withdrawal

Users may sometimes choose which currency to pay the withdrawal fees in by selecting the corresponding token.

Note:
  • For withdrawal address, copy and paste the address you would like to deposit the coins too. Make sure to check that its for the same coin
  • You may click AVAILABLE BALANCE for the entire balance to be withdrawn, to avoid excess typing
  • You may sometimes not be able to withdraw after resetting your password, OTP or other security features
  • Withdrawals take time depending on Blockchains. Please be patient


How to Solve Problems with Withdrawals

In case you have issues with withdrawals, please take note of the following:
  • Make sure that the withdrawal status has been marked completed. If status remains are “Withdrawal Pending”, please be patient.
  • Most blockchains take some time to withdraw. Please only create a customer support ticket if you have not received your withdrawal in 24 hours.
  • Once a user initiates a deposit or withdrawal, the process cannot be stopped. If an incorrect address was entered, ProBit will NOT be able to retrieve any lost assets as a result. Please ensure that the correct address has been entered prior to initiating the transaction.

Should you need further assistance, please create a ticket for ProBit Support Team through the Submit a request link. Be as specific as possible so that the team can best assist you. Include the following information:
  1. ProBit account email address
  2. Transaction ID
  3. Name of coin
  4. Number of coins expected for withdrawal
  5. Any relevant screenshot

Note:
  • For withdrawal address, copy and paste the address you would like to deposit the coins too. Make sure to check that its for the same coin.
  • You may click AVAILABLE BALANCE for the entire balance to be withdrawn, to avoid excess typing
  • You may sometimes not be able to withdraw after resetting your password, OTP or other security features
How to Start ProBit Trading in 2021: A Step-By-Step Guide for Beginners


How to increase standard daily withdrawal limit to $500,000

Users meeting all of the criteria mentioned below will be eligible to have the current daily withdrawal limit of $2,000 increased to $500,000.

The withdrawal limit will be automatically increased 7 days after completing both of the following:
  • Activate and maintain 2 Step Authentication(2FA/OTP)
  • Complete KYC level 2 verification
Please note that the standard daily withdrawal limit of $2,000 will be reapplied upon loss of 2FA/OTP.
 
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