With the growth of cryptocurrency, many firms are being involved in the crypto exchanges so as to help their customers to transact easily. Crypto-to-crypto exchanges only acknowledges trading among them cryptocurrencies, while fiat-to-crypto exchanges permits trades to be to be done between cryptocurrencies and fiat currencies (such as JPY, USD, and GBP). Some of the exchanges are faster, secure, and reliable while others are slow and insecure. There is a need to chose an exchange that provides the best services to its users. Please allow me to take you through one of the best exchanges that I have come across, ProBit. I will compare ProBit and other exchanges such as Binance, Bitfinex, and HitBTC so that you can make your own decision on which exchange you can use.
To start with, ProBit is one of the coin-to-coin (C2C) exchanges that provide world-class trading. The exchange offers robust and faster trading experience to all its users.
COMPARING PROBIT EXCHANGE WITH OTHER EXCHANGES
Ease of Use
Probit is fairly easy to use and it is suitable for all levels of traders. It is not like Bitfinex which is only suitable for proficient traders.
ProBit offers crypto-to-crypto exchange and this allows it to have a simpler platform that the users can use with ease. Being a Crypto-to-crypto trading only, users find it easy to navigate. Comparing it with Bitfinex where it offers a crypto-to-crypto exchange and also a fiat-to-crypto exchange, the users of ProBit can be able to transact faster as the management always strives to improve the crypto-to-crypto exchange area as compared to Bitfinex which its management must strive to enhance both exchanges. The platform processing capacity is one of the worlds fastest as it processes over 1,500,000 order matching per second. The platform also offers an advanced trading view for its customers as compared to other platforms that offer a range of complex trading options that makes their customers experience difficulties while trading.
In explanation of the above image, ProBit distinguishes itself from other exchanges as it provides its services in major financial markets where other exchanges have not reached. The exchange provides over fifty digital currencies that are already listed while it presented over 20 currencies in its exchange from its first day in operation.
Security
Comparing Bitfinex and ProBix, ProBit has no any attempts of hack as compared to Bitfinex which had one one of the biggest hacking in the history of crypto where 120,000 bitcoins were lost in the year 2016. This took them over 8 months to pay their customers.
To this far, ProBit has been one of the secure exchange that has not experienced any hack or security breach. Its assets are stored on a cold storage (over 95%), software-based 2FA support and FIDO U2F hardware security key. This guarantees its superiority in security. ProBit uses universal 2nd factor (U2F) and 2-factor authentication for the interested users.
Customer Support
Both ProBit and Bitfinex have one of the best customer supports, beginning from the trading inquiries and FAQs to speaking with a customer service representative through the support ticket potals.. ProBit customer support is well advanced and they take no time to reply on the customers queries through email, social media and other platforms. This has been enabled by their enhanced value for their customers. When there is a high volume of queries or trade volumes, the customer services support always promises to act on the issues and this is eventually done.
Conclusion
ProBit is an obvious choice when it comes to trading as it is an easy to use platform that has well enhanced security for its customers. I have used the platform and I can assure you that the platform is more secure as compared to other cypto exchange patforms. For the investors, I would encourage you to visit their websites below and their exchange, especially, https://www.probit.com/en-us, and experience world-class trading. With ProBit, rest assured that your crypto exchanges will be solved instantly without any delay.
REFERENCES
Website https://www.probit.com/en-us
Whitepaper https://www.probit.com/assets/whitepaper/whitepaper_probit_en.pdf
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/
Medium https://medium.com/@ProBit_Exchange
Bitcointalk Username: Gitagiajose
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2303447
All Images are accredited to ProBit OFFICIAL WEBSITE