ProBit Exchange Retains its Grip on the IEO Space with Over $3 Million Raised in 2 Months

ProBit Global
ProBit Global
Published in
3 min readJan 29, 2021

ProBit Exchange has once established itself as the pacesetter in the IEO space following several successful IEO including a massive $1.5 million raise for blockchain of things project SmartKey and another $400,000 for decentralized vehicle marketplace Carnomaly through 2 straight sold-out IEO rounds.

Nagaswap recently closed out 2 rounds of IEO with the initial round wrapping up in 20 seconds. The project has already generated nearly $1,000,000 of capital and adds another feather in the cap of the IEO industry leader.

Social platform Olyseum completed a successful $600,000 drive and seeks to address the current gap in star-fan engagement with founders including former soccer stars Carlos Puyol and Andres Iniesta.

Smart city solution Limestone Network was another beneficiary of ProBit Exchange’s meticulously crafted IEO platform to secure the requisite funding needed to fuel further development. Obortech also closed out a successful IEO for over $200,000 to further cement its reputation as an IEO powerhouse.

The exchange continues to fire on all cylinders to establish IEO as a staple of its arsenal and a highly cost-effective route for generating significant capital for budding blockchain projects.

ProBit Exchange established itself as a household name in the surging IEO craze during the early stages of its launch following an extensive string of successful IEO including multiple 6-figures with several selling out in just seconds. The pacesetter in the IEO space continues to remain the top destination for blockchain projects looking to secure significant capital and provide sorely needed disruption across the spectrum.

Secondary markets have also been a major calling card for the IEO juggernaut as it has helped catapult many early-stage tokens into the stratosphere. SKEY added an exclamation point to its $1.5 million as the token reached a high of .45, a staggering 18X for Round 1 IEO participants who were able to acquire SKEY for only .025.

LIMEX also saw a 3.5X in token appreciation with a high of .0039 following their early-stage offering at .011.

Savvy crypto enthusiasts have long benefitted from the selective and stringent vetting standards of the exchange as they continue to dedicate themselves to showcasing tokens with long term potential, concrete use case, and viable value propositions to the space.

ABOUT PROBIT EXCHANGE

ProBit Exchange is a Top 20 crypto exchange globally. We have completed over 200 rounds of IEO and have been consistently ranked Top 4 in Korea. ProBit Exchange provides unlimited trading access highlighted by nearly 1,000 trading pairs.

ProBit Exchange will be offering 50% discounted BTC subscriptions starting January 27 as an early 2021 gift to users.

PROBIT EXCHANGE’S GLOBAL BRAND TRUSTED BY MILLIONS OF USERS

100,000+ community members
800,000+ monthly active users

3,000,000 monthly web visitors

50,000,000 users on partnering aggregators and wallets such as CoinMarketCap

User interface of Multilingual website supporting 41 different languages

Marketing and community support in 8 key languages

Join our active programs and get huge benefits!

1. Trading Fee Discount: Buy PROB, pay trading fees with PROB & get as low as 0.03% trading fee

2. Stake Mining: Stake PROB and earn PROB at a rate of 4% per annum

3. Referral Program: Earn 10–30% of trading fees for referring friends to ProBit

4. ProBit Exclusive: Subscribe to 50% off Top 200 tokens

5. Auto Hold Campaigns: Hold tokens and get 6% annualized returns

ProBit Global: www.probit.com

ProBit Korea: www.probit.kr

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ProBit Global
ProBit Global

ProBit Global is a Top 20 crypto exchange worldwide providing unlimited access to trade and buy Bitcoin, Ethereum and 600+ altcoins in 1000+ markets.