Investing in cryptocurrencies comes with significant risk. You could lose all the money you invest. Please read our risk warning here.
ProBit Global is a South Korea-founded cryptocurrency exchange that launched in November 2018 and has since grown to serve over 3 million users across 190+ countries. The platform lists 800+ cryptocurrencies across 1,000+ trading pairs and focuses exclusively on spot trading. ProBit distinguishes itself through its native PROB token staking system, tiered VIP membership that reduces trading fees to as low as 0.03%, and an active IEO Launchpad with over 200 completed token sale rounds. This ProBit review for 2026 examines the exchange's fees, security, supported assets, staking rewards, and how it compares to leading competitors.
ProBit Global at a Glance
| Feature | Details |
|---|---|
| Founded | 2018 (South Korea) |
| Headquarters | Tallinn, Estonia (registered in Seychelles) |
| Co-Founders | Hyunsu Do (former CEO), Steve Woo (CTO) |
| Supported Cryptocurrencies | 800+ across 1,000+ markets |
| Trading Types | Spot trading only |
| Base Trading Fee | 0.2% maker / 0.2% taker |
| Lowest Fee (VIP 6+) | 0.03% maker / 0.03% taker |
| Native Token | PROB |
| KYC Required | No (optional for higher limits) |
| Fiat Support | 150+ fiat currencies via third-party partners |
| Mobile App | iOS and Android |
| Languages Supported | 40+ |
| IEO Launchpad | 200+ completed rounds |
| Security Record | Zero hacking incidents since launch |
| Customer Support | Email only |
What is ProBit Global?
ProBit Global is a centralized cryptocurrency exchange founded in South Korea in 2018 by Hyunsu Do and Steve Woo. Do holds an MBA from New York University Stern School of Business, while Woo previously served as CEO of Linux International Inc. in South Korea. The platform was built to handle high-volume trading, with infrastructure capable of processing up to 1.5 million transactions per second.
The exchange operates as two separate entities: ProBit Global, which serves international users, and ProBit Korea, which caters specifically to South Korean traders with Korean Won (KRW) fiat deposits. The global platform later moved its registered headquarters to Tallinn, Estonia, while maintaining its development roots in South Korea. In March 2024, co-founder Hyunsu Do departed the company, with Steve Woo continuing as CTO.
ProBit focuses exclusively on spot trading and does not offer margin trading, futures, or derivatives. While this limits its appeal for advanced traders who want leveraged positions, it simplifies the platform for those focused on straightforward buying and selling of cryptocurrencies. The exchange does offer leveraged tokens (such as ETHBULL and ETHBEAR), which provide exposure to leveraged price movements without the risk of liquidation that comes with traditional margin trading.
ProBit Global Supported Cryptocurrencies
ProBit Global lists over 800 cryptocurrencies across more than 1,000 trading pairs, making it one of the more expansive exchanges for altcoin diversity. The platform covers major assets like Bitcoin (BTC), Ethereum (ETH), and XRP alongside a deep catalog of mid-cap and micro-cap tokens, emerging DeFi projects, and metaverse assets.
ProBit's listing committee conducts technical and fundamental analysis before approving new tokens, though the exchange has historically been more open to listing smaller projects than larger competitors like Binance or Coinbase. This means you can find tokens on ProBit that may not yet be available on mainstream exchanges, but it also means due diligence is essential since smaller tokens carry higher risk.
The exchange supports over 150 fiat currencies for purchasing crypto through integrated third-party payment processors. You can buy Bitcoin and other major cryptocurrencies using credit cards, debit cards, and bank transfers via partners like Simplex and MoonPay. However, ProBit Global does not accept direct fiat deposits into trading accounts. Only ProBit Korea supports direct fiat deposits in KRW.
ProBit Global Trading Fees
ProBit Global uses a flat-fee model with a base rate of 0.2% for both makers and takers. This is slightly above the industry average for major exchanges like Binance (0.1%) and Kraken (0.16%/0.26%), but ProBit compensates with its PROB token staking discount system that can reduce fees dramatically.
VIP Membership Tiers and Fee Discounts
ProBit operates a 12-level VIP membership system. By staking PROB tokens, traders unlock progressively lower trading fees. The system also provides an additional 0.02% discount when PROB tokens are used to pay transaction fees directly.
| Membership Level | PROB Staking Requirement | Trading Fee | Fee When Paying with PROB | Referral Reward |
|---|---|---|---|---|
| Standard | 0 PROB | 0.2% | 0.18% | 10% |
| VIP 1 | 100 PROB | 0.15% | 0.13% | 12% |
| VIP 2 | 500 PROB | 0.12% | 0.10% | 14% |
| VIP 3 | 1,000 PROB | 0.10% | 0.08% | 16% |
| VIP 4 | 5,000 PROB | 0.08% | 0.06% | 18% |
| VIP 5 | 10,000 PROB | 0.06% | 0.04% | 20% |
| VIP 6 | 50,000 PROB | 0.05% | 0.03% | 22% |
| VIP 7 | 100,000 PROB | 0.05% | 0.03% | 24% |
| VIP 8 | 200,000 PROB | 0.05% | 0.03% | 26% |
| VIP 9 | 500,000 PROB | 0.05% | 0.03% | 28% |
| VIP 10 | 1,000,000 PROB | 0.05% | 0.03% | 29% |
| VIP 11 | 2,000,000 PROB | 0.05% | 0.03% | 30% |
Withdrawal Fees
ProBit charges variable withdrawal fees depending on the cryptocurrency. These fees cover network transaction costs and are generally in line with industry standards, though some assets have higher minimums than competitors.
| Cryptocurrency | Minimum Withdrawal | Withdrawal Fee |
|---|---|---|
| Bitcoin (BTC) | 0.0005 BTC | 0.0005 BTC |
| Ethereum (ETH) | 0.02 ETH | 0.01 ETH |
| USDT (ERC-20) | 1 USDT | 20 USDT |
| XRP | 22 XRP | 1 XRP |
| DASH | 0.005 DASH | 0.005 DASH |
| NEO | 1 NEO | 0 NEO |
One notable concern is the USDT (ERC-20) withdrawal fee of 20 USDT, which is significantly higher than what exchanges like Binance charge for the same token on alternative networks such as TRC-20 or BEP-20. Traders who frequently move stablecoins should check which networks ProBit supports for their preferred tokens to minimize costs.
PROB Token: Benefits and Utility
PROB is ProBit Global's native utility token and serves as the central mechanism for unlocking platform benefits. The token has several core use cases within the ProBit ecosystem:
- Trading fee discounts: Staking PROB unlocks VIP membership tiers with fees as low as 0.03%. Paying fees directly in PROB provides an additional 0.02% discount.
- IEO participation: PROB holders receive priority access and a 5% discount when purchasing tokens during Initial Exchange Offerings on ProBit Launchpad.
- Trading competition entry: A minimum stake of 100 PROB is required to participate in ProBit's trading competitions.
- Referral rewards: Higher PROB staking levels increase referral commission rates from 10% up to 30% of the referee's trading fees.
- Trade mining: With trade mining activated, trading fees from BTC, ETH, and XRP trades are converted into PROB and returned to the trader as rewards.
The PROB token creates a self-reinforcing incentive loop: the more PROB you hold and stake, the cheaper it becomes to trade, and the more you earn from referrals and IEO participation. For active traders on ProBit, accumulating and staking PROB is essential for reducing overall costs.
ProBit IEO Launchpad
ProBit's IEO (Initial Exchange Offering) Launchpad is one of the platform's signature features and a primary reason many users choose the exchange. ProBit has completed over 200 IEO rounds since launch, making it one of the most active launchpad platforms in the cryptocurrency space.
The IEO process on ProBit works as follows:
- Project vetting: ProBit's listing committee reviews applications from blockchain projects. Applicants submit details about their team, token utility, tokenomics, and development roadmap.
- Token sale announcement: Approved projects are listed on the Launchpad with details about the token price, total allocation, and sale duration.
- Subscription: Users subscribe to the IEO using supported payment methods. PROB token holders receive a 5% discount on IEO token purchases.
- Distribution: Tokens are distributed proportionally. If a sale is oversubscribed, allocations are reduced proportionally. If undersubscribed, users receive 100% of their subscribed amounts.
- Listing: The token is listed for trading on ProBit immediately after the IEO concludes.
ProBit also runs "ProBit Exclusive" events, which offer tokens at discounts of up to 50% for limited quantities. These flash sales are popular among the ProBit community and often sell out quickly. While the launchpad gives early access to new projects, investors should exercise caution. Many IEO tokens are from early-stage projects with unproven track records, and past performance of IEO tokens on any platform is not indicative of future results.
Security and Safety
ProBit Global has maintained a zero-hacking-incident record since its launch in 2018, which is a notable achievement in an industry where exchange breaches are common. The platform employs several security measures to protect user assets and data:
- Cold wallet storage: 95% of user digital assets are stored in cold wallets, isolated from internet-connected systems.
- Encryption: Personal information and wallet keys are encrypted multiple times using advanced encryption algorithms.
- Two-factor authentication (2FA): ProBit supports Google Authenticator-based 2FA for account login and withdrawals.
- FIDO security keys: Physical hardware security keys (FIDO U2F) are supported as an additional authentication layer, providing stronger protection against phishing than software-based 2FA alone.
- Passkey support: The platform supports modern passkey authentication on both desktop and mobile apps.
- Biometric authentication: The mobile app supports fingerprint scanning for login.
- Bug bounty program: ProBit runs an active bug bounty program through HackenProof, offering rewards between $50 and $10,000 depending on the severity of discovered vulnerabilities.
ProBit also maintains GDPR compliance, with a dedicated "Privacy Policy Addendum for EU GDPR" on its website, and has taken steps toward compliance with Turkish crypto regulations.
Security Concerns to Consider
Despite the clean security track record, there are areas where ProBit falls short compared to top-tier exchanges:
- No Proof of Reserves (PoR): ProBit does not publish cryptographic proof of its reserve holdings, unlike exchanges such as Binance, Kraken, and OKX.
- No deposit insurance: User funds are not insured against theft or exchange insolvency.
- No regulatory licenses: ProBit does not hold specific regulatory licenses in major jurisdictions.
- Limited team transparency: The exchange's website does not display information about its founders or key team members.
For these reasons, it is advisable to store the majority of your assets in a self-custodial wallet such as Ledger or Trezor, and only keep funds on ProBit that you are actively trading.
KYC Verification
ProBit Global offers a tiered KYC (Know Your Customer) system that allows users to start trading with minimal verification. This is one of the exchange's most appealing features for privacy-conscious traders.
| Verification Level | Requirements | Daily Withdrawal Limit | Available Features |
|---|---|---|---|
| Level 1 (Basic) | Email verification only | $5,000 | Deposit, trade, stake, withdraw |
| Level 2 (Full) | ID document, liveness check, personal details | $500,000 | All Level 1 features + airdrops, IEO participation, trading competitions |
Level 2 verification requires your nationality, name, gender, phone number, date of birth, address, a photo of your passport or ID, and a selfie holding the document. Processing typically takes minutes but can extend to several days during busy periods.
KYC Level 2 is not available to citizens of several restricted countries, including the United States, Iran, Iraq, North Korea, Syria, Cuba, Venezuela, Singapore, and others. The full list of restricted jurisdictions is available on ProBit's website.
Trading Platform and User Experience
ProBit Global's trading interface is built around a customizable layout that caters to both beginners and experienced traders. The platform integrates TradingView charting tools with standard technical indicators, drawing tools, and multiple timeframe views.
Desktop Platform Features
- Customizable layout: Users can rearrange interface components (order book, chart, trading pairs) to suit their preferences.
- Order types: Market orders, Limit orders, and Good-Till-Cancelled (GTC) orders are supported.
- TradingView integration: Full charting suite with technical indicators and drawing tools.
- Real-time order book: Depth of market visualization with live bid/ask data.
Missing Features
ProBit lacks several order types that experienced traders may consider essential:
- No Stop Limit orders
- No Stop Market orders
- No Trailing Stop orders
- No Iceberg orders
- No margin or futures trading
- No demo/paper trading account
The absence of stop-loss order types is a significant limitation for risk management. Traders who rely on automated stop-losses to protect positions during volatile markets will need to use third-party tools or choose a different exchange for those strategies.
Mobile App
ProBit offers mobile apps for both iOS and Android. The mobile experience mirrors the desktop platform with a simplified, clean interface. Biometric authentication (fingerprint) is available on mobile in addition to the standard 2FA options. User reviews generally describe the app as smooth and user-friendly, though some report that withdrawal fees feel high compared to competitors.
API and Automated Trading
ProBit provides a REST and WebSocket API for programmatic trading. The WebSocket API communicates in JSON and allows subscriptions to market data, open orders, trade/order history, and balance updates. OAuth Access Tokens are required for account-level API access, and traders can register specific withdrawal addresses in the API for additional security.
While ProBit does not offer native trading bots, it integrates with third-party automation services including Hummingbot, Deltabadger, and Margin.de. The platform does not support copy trading or social trading features.
Staking on ProBit Global
ProBit offers staking pools that allow users to earn passive income on their crypto holdings. The primary staking mechanism revolves around PROB tokens, but the platform periodically offers staking opportunities for other tokens as well.
PROB staking serves a dual purpose: it unlocks VIP membership benefits (lower trading fees, higher referral rewards) while also providing staking yields. Users who stake PROB and use it to purchase IEO tokens receive a 5% discount on their investment, creating an additional incentive to hold and stake the native token.
The staking process is straightforward: users navigate to the staking section, select the asset and amount they wish to stake, and confirm. Staked assets are locked for the specified period and rewards are distributed according to the pool terms.
ProBit Earn and Learn Programs
ProBit runs several programs designed to help users earn additional cryptocurrency:
- Trading competitions: Regular competitions with prize pools distributed among top traders. Participation requires a minimum of 100 PROB staked and KYC Level 2 verification.
- Airdrops: Token giveaways for verified users. KYC Level 2 is typically required.
- Learn and Earn: Educational modules that reward users with crypto for completing lessons about blockchain technology, trading strategies, and specific projects.
- Referral program: Earn 10-30% of the trading fees generated by referred users, with higher percentages at higher VIP levels.
- ProBit Exclusive: Flash sales offering tokens at up to 50% discount in limited quantities.
How ProBit Global Compares to Competitors
To put ProBit's offerings in context, here is how it stacks up against other popular exchanges:
| Feature | ProBit Global | KuCoin | Gate.io | MEXC |
|---|---|---|---|---|
| Supported Cryptocurrencies | 800+ | 900+ | 2,100+ | 2,700+ |
| Base Trading Fee | 0.2%/0.2% | 0.1%/0.1% | 0.15%/0.15% | 0%/0.05% |
| Lowest Fee (VIP) | 0.03% | -0.005%/0.025% | 0.015%/0.035% | 0%/0.01% |
| Margin/Futures | No | Yes | Yes | Yes |
| IEO Launchpad | Yes (200+ rounds) | Yes (Spotlight) | Yes (Startup) | Yes (Kickstarter) |
| Native Token | PROB | KCS | GT | MX |
| KYC Required | No | Yes (basic) | No | No |
| Proof of Reserves | No | Yes | Yes | Yes |
| Copy Trading | No | Yes | Yes | Yes |
| Fiat Deposits | Third-party only | Third-party + P2P | Third-party + P2P | Third-party + P2P |
ProBit's main competitive advantages are its active IEO Launchpad, minimal KYC requirements, and the depth of its PROB token utility. However, it falls behind competitors in base trading fees, asset count, advanced trading features, and transparency measures like Proof of Reserves. Traders who need futures, margin, or copy trading will need to look elsewhere.
Pros and Cons of ProBit Global
| Pros | Cons |
|---|---|
| Zero hacking incidents since 2018 launch | No margin, futures, or derivatives trading |
| 800+ cryptocurrencies across 1,000+ pairs | Higher base fees (0.2%) than many competitors |
| Tiered KYC allows trading with email only | No Proof of Reserves or deposit insurance |
| VIP system reduces fees to as low as 0.03% | No stop-loss or advanced order types |
| Active IEO Launchpad with 200+ rounds | Email-only customer support (no live chat) |
| PROB token provides multiple utility benefits | Limited team/founder transparency on website |
| Supports 40+ languages | No direct fiat deposits (third-party only) |
| Customizable trading interface with TradingView | US and several other countries restricted |
| Bug bounty program via HackenProof | No copy trading or social trading features |
| FIDO security key support | High USDT (ERC-20) withdrawal fee of 20 USDT |
Who Should Use ProBit Global?
ProBit Global is best suited for the following types of traders:
- Altcoin hunters: Traders looking for early access to new and emerging tokens will benefit from ProBit's extensive listing of 800+ cryptocurrencies and active IEO Launchpad.
- Privacy-focused traders: The tiered KYC system allows trading with email verification only, which appeals to those who prefer minimal identity disclosure.
- IEO investors: If you want to participate in token sales and early-stage projects, ProBit's Launchpad with over 200 completed rounds is one of the most active in the industry.
- Cost-conscious high-volume traders: By staking PROB tokens, active traders can reduce fees to 0.03%, which is competitive with or lower than most exchanges.
ProBit is less suitable for traders who need margin/futures trading, advanced order types, or who require regulatory certainty and Proof of Reserves. For those needs, consider exchanges like Binance, Kraken, or Bybit.
How to Get Started on ProBit Global
Step 1: Create an Account
Visit the ProBit Global website and click "Sign Up." Enter your email address and create a password. Verify your email through the confirmation link sent to your inbox. At this point, you have Level 1 verification and can deposit, trade, and withdraw up to $5,000 per day.
Step 2: Secure Your Account
Enable two-factor authentication (2FA) through Google Authenticator. For maximum security, consider adding a FIDO security key or passkey. These steps are critical for protecting your account from unauthorized access.
Step 3: Deposit Funds
Navigate to "Wallet" and select the cryptocurrency you want to deposit. Copy the deposit address and send funds from your external wallet. Alternatively, you can purchase crypto directly using a credit card or bank transfer through ProBit's integrated third-party payment partners.
Step 4: Start Trading
Go to the "Exchange" tab, select your trading pair from the list on the left, set your order type (Market or Limit), enter the amount, and click Buy or Sell. Consider staking PROB tokens before you begin trading to unlock VIP discounts on trading fees.
Step 5: Optional KYC (Level 2)
If you want to increase your daily withdrawal limit to $500,000 or participate in IEOs, airdrops, and trading competitions, complete Level 2 verification by submitting your ID and completing a liveness check.
ProBit Global Alternatives
If ProBit does not meet your needs, here are several alternatives worth considering based on your priorities:
- For lower base fees: Binance offers 0.1% base fees with further discounts via BNB, and MEXC offers zero maker fees on spot trading.
- For more altcoins: Gate.io lists 2,100+ cryptocurrencies, and MEXC lists 2,700+.
- For margin and futures: Bybit, Binance, and OKX all offer comprehensive derivatives trading.
- For US-based traders: Coinbase, Kraken, and Gemini are regulated and available in most US states.
- For IEO participation: KuCoin Spotlight and Gate.io Startup are comparable alternatives with broader overall platforms.
Frequently Asked Questions About ProBit Global
Is ProBit Global safe to use in 2026?
ProBit Global has never experienced a security breach since its launch in 2018. The exchange stores 95% of user assets in cold wallets, supports two-factor authentication and FIDO security keys, and runs an active bug bounty program. However, ProBit does not offer Proof of Reserves or deposit insurance, so users should keep only actively traded funds on the platform and store the majority of their crypto in a self-custodial wallet.
What are the trading fees on ProBit Global?
ProBit Global charges a flat 0.2% fee for both makers and takers at the Standard level. By staking PROB tokens, users can reduce fees through the VIP membership system. The lowest possible fee is 0.03% at VIP Level 6 and above when paying trading fees with PROB tokens. An additional 0.02% discount is applied when using PROB to pay fees directly.
Does ProBit Global require KYC verification?
No. ProBit Global allows users to trade with email verification only (Level 1 KYC), with a daily withdrawal limit of $5,000. Full KYC verification (Level 2) is optional and increases the withdrawal limit to $500,000 per day. Level 2 is required for IEO participation, airdrops, and trading competitions.
Can I use ProBit Global in the United States?
No. ProBit Global does not allow KYC verification for US citizens, and the platform restricts access from the United States along with several other countries including Iran, Iraq, North Korea, Syria, Cuba, Venezuela, and Singapore. US-based traders should consider regulated alternatives like Coinbase or Kraken.
What is the PROB token and why should I use it?
PROB is ProBit Global's native utility token. Staking PROB unlocks VIP membership tiers with lower trading fees (as low as 0.03%), higher referral commission rates (up to 30%), priority access to IEO token sales with a 5% discount, and eligibility for trading competitions. Paying trading fees with PROB provides an extra 0.02% fee reduction.
Does ProBit Global support margin or futures trading?
No. ProBit Global supports spot trading only. The exchange does not offer margin trading, futures contracts, or derivatives. However, ProBit does list leveraged tokens (such as ETHBULL and ETHBEAR) that provide leveraged exposure without liquidation risk. Traders who need futures or margin should consider Bybit or Binance.
How does the ProBit IEO Launchpad work?
ProBit's IEO Launchpad hosts token sales for vetted blockchain projects. The exchange has completed over 200 IEO rounds since launch. To participate, users typically need Level 2 KYC verification. PROB token holders receive a 5% discount on IEO purchases. If a sale is oversubscribed, allocations are distributed proportionally among all subscribers.
What deposit methods does ProBit Global support?
ProBit Global supports cryptocurrency deposits directly to your wallet address on the platform. For fiat purchases, the exchange integrates with third-party payment processors that accept credit cards, debit cards, and bank transfers in over 150 fiat currencies. ProBit Global does not accept direct fiat deposits into trading accounts. Only ProBit Korea supports direct fiat deposits in Korean Won (KRW).
Is ProBit Global good for beginners?
ProBit Global is reasonably beginner-friendly thanks to its clean interface, simple account creation process (email-only Level 1 KYC), and mobile apps for iOS and Android. However, the lack of live chat support, demo trading accounts, and educational resources within the platform itself means beginners may face a steeper learning curve when troubleshooting issues. The Learn and Earn program does help new users build foundational knowledge.
Final Verdict: ProBit Global Review 2026
ProBit Global occupies a specific niche in the cryptocurrency exchange landscape. It is not trying to compete with Binance or Coinbase on breadth of features or regulatory compliance. Instead, ProBit has built its identity around three pillars: an active IEO Launchpad, a robust token staking economy through PROB, and a privacy-respecting tiered KYC system.
For traders who value early access to new tokens, minimal identity requirements, and the ability to significantly reduce trading costs through staking, ProBit delivers genuine value. The zero-hacking track record and comprehensive security features (including FIDO key support) add credibility.
However, the absence of margin/futures trading, stop-loss order types, Proof of Reserves, and live customer support are meaningful gaps. The base fee of 0.2% is also higher than many competitors, meaning ProBit only becomes cost-competitive once you commit to the PROB staking ecosystem.
Our recommendation: ProBit Global is a solid choice for altcoin-focused spot traders and IEO participants who are willing to stake PROB tokens for fee discounts. It is not the right exchange for derivatives traders, institutional users, or those who prioritize regulatory oversight and fund insurance. As always, never keep more funds on any exchange than you can afford to lose, and use self-custodial storage for long-term holdings.
