INTRODUCTION
The world as an ecosystem consists of many subunits, this units comprises sports, finance, health, education, IT, telecommunication and what have you. One key feature of the ecosystem that makes it very interesting is its ability to buy and sell goods and services to one another, a term popularly referred to by many, as liquidity. In the world of blockchain, the major place for providing such liquidity are the exchanges, a platform where traders of crypto tokens and other cryptocurrency related assets are able to change their currency for other crypto currency or even their local currencies.
As expected due to traffic and other issues emanating from the increasing number of people currently using crypto exchanges, a lot of challenges have been encountered over time on these exchanges, problems like clumsiness due to an enormous amount of people trying to access the exchange at the same time, problems of high transaction fees due to a clog in the ethereum network which in turn mandates miners to increase transaction fees in order to prioritize transactions based on the amount of tx fee, and many other challenges.
In this light, an exchange of a 21st century standard was designed to help cub this and many other problems. And this exchange is called the probit exchange which I shall be discussing extensively in this chapter.
PROBIT OFFERS THE BREAKTHROUGH
The probit exchange platform is primarily out to offer a platform where traders can trade conveniently without hassles and make maximum profit while ensuring that loses are as minimal as possible. The activities of third parties are being totally eliminated or drastically depleted, such that traders are able to exchange their crytpo assets among themselves without involving middle men. The platform was created after a careful study of the issues faced by traders on current exchanges, and providing very suitable Solutions to help totally eradicate these challenges or at least help reduce them to the bearest minimum. Transactions on the probit exchange are designed to be fast, swift, easy and reliable. The fact that it's was built and structured on the blockchain also offers an additional advantage.
Security was put into consideration while designing the exchange, due to the many hack issues and security threats encountered by most exchanges today, and the huge amount of money lost as a result, the probit exchange came up with several keys features that aims to further enhance and tighten the security system of the exchange. A typical example of these features is it's FIDO U2F that offers an extra layer of security to the platform.
Every issue of liquidity and scalability encountered on other exchanges have also been well handled on the probit exchange. The exchange really seeks to make life better for traders by offering an incredibly low transaction fee, with a swift deposit and withdrawal enabled feature in place.
Users of this Platform need not worry about any rare issues they encounter while trading on the platform, as there is a 24/7 support system in place to help solve any unforseen ugly situation that might arise while trading on the probit trading platform.
The speed of transactions on the platform is such that has never been seen anywhere else on the globe, the probit exchange is designed to carry out over a million transactions per second, without any hidden surcharge.
SUMMARY
Exchanges like this are usually rare and hard to come by, there are only few exchanges in the Crypto space that have been able to match or even come close to the amazing features probit brings to the table, so it is not difficult to realise at a glance that this platform will in no small way solve many of the numerous problems that have tormented most traders while trading on exchanges. The goal is to make the act of trading crypto a very passive and stress free process, while security and transparency remains an unchanging priority.
PROBIT OFFICIAL LINKS;
Website: https://www.probit.com/en-us
Whitepaper: https://www.probit.com/assets/whitepaper/whitepaper_probit_en.pdf
About PROB Token: https://www.probit.com/en-us/token
Telegram: https://t.me/ProbitEnglish
Facebook: https://www.facebook.com/probitexchange
Twitter: https://twitter.com/ProBit_Exchange
LinkedIn: https://www.linkedin.com/company/probit-exchange/
AUTHOR'S DETAILS
Bitcointalk Username: Chomsy
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1759759