Product-focused Exchange — A Closer Look at ProBit’s Trading Engine and Trading Interface

ProBit Global
ProBit Global
Published in
5 min readJan 14, 2019

Crypto-exchanges have grown in recent years to provide alternative trading mechanisms to the vast number of crypto enthusiasts and adopters. A breeding ground for disseminating and trading important ideas, these exchanges afford anyone the opportunity to invest in innovative and promising startups. As expected, there is a never-ending struggle between these exchanges for market control with varying degrees of success.

Amongst the top of the most promising new exchanges is ProBit Exchange — proven to be nothing short of exceptional with its objectives and successes in the industry to date. With a fully customizable state-of-the-art dashboard, ProBit Exchange promises to provide users all the incredible and unique advantages available to traders today and well into the future. In short, ProBit gives users an easy-to-use dynamic experience, for seasoned veterans and rookies to crypto alike.

The Strong Survive

In the ever-evolving crypto world, big changes and innovations are announced seemingly every other week with varying degrees of consequences. Exchanges have long battled for users and have slowly honed their expertise to provide them with the most accessible and best possible experience. This is easier said than done but has nevertheless been accomplished by the talented and experienced team behind the South-Korean based ProBit Exchange.

For the average cryptocurrency investor, one of the most important factors in choosing which exchange to use for trading is the user interface and functionalities permitted. Both new and seasoned crypto-traders desire an intuitive interface which fits their needs. A good user experience is fundamental to aiding a user’s actions towards efficiency and success. However, what is a desirable feature for one, of course, may not be essential for another and therefore variety in interface options are necessary for an exchange to survive.

ProBit Exchange is aware of this fact and has built a fully-customizable dashboard to fit any trader’s needs.

With a multi-lingual customer service support team ensuring a huge user base is operating effectively and transactions are completed smoothly, ProBit has managed to pool massive amounts of liquidity from cryptocurrencies available into one safe and secure space.

This growth is also helped by the massive incentives ProBit provides to users in the form of complimentary PROB — ProBit’s very own token.

How is it Different?

There are several exchanges which have come and gone over the years. Several of them which were once popular have been forced to close due to hacks as a result of their centralized ecosystem. Those which have succeeded have managed to bypass many of these pitfalls and have built quite a following for themselves. There is the ever-present issue however that many of the exchanges existing today have a near-identical layout with the same never-ending flow of not-always useful information.

Binance is one which you may have heard of and is currently considered amongst the industry leaders. They provide 2 different interfaces, basic and advanced versions for the different levels of expertise shown in their usership. The problem is that below the face-value of appearance they are virtually identical and leave little room for a user to adapt the platform to fit their own individual needs. There is, the in-between rookie and expert, arguably the majority of traders today, which Binance neglects and is therefore being left behind with this system.

Another popular example which has been making headlines over the years is Coinbase, the San Francisco-based exchange and wallet which has been accused of operating under a model more-or-less reserved for the banking system rather than a revolutionary decentralized project on a mission. There have been several notable examples of technical problems and bugs plaguing the platform which have been raised by users and which have subsequently gone unanswered by the company. This has led many traders left wanting and needing a better and more reliable alternative.

These are all areas where ProBit thrives. By giving traders a near-endless array of options and combinations to ensure all needs are met and wants are exceeded, ProBit has managed to develop an exchange ecosystem that gives users a dynamic, robust and fast trading experience.

Their multilingual support team are always available to provide fast and effective solutions to any questions or concerns and the system has been built from the ground up to level the playing field and provide a win-win situation for all participants.

Trading Interface

As stated above several times throughout this piece, the feature which perhaps most stands out as providing traders with an exceptional experience is ProBit’s modular design system. A flexible and integrated platform, ProBit has been constructed to be adapted to fit the needs of each individual.

ProBit Exchange starts out each user with a customizable layout which can be built from the ground up. This provides each trader with the freedom to choose to ingest only the most relevant and prevalent information necessary. This enables all traders to easily analyze and determine the right trades to jump into — all options of which have been carefully hand-chosen by developers.

All investors are given the freedom to quickly place orders on a powerful and actively comprehensive interface with ease and security. Additionally, the exchange ensures that the trader is provided with all the trading options they could ever wish for such as stop-limit trades, market trades and even Immediate or Cancel Trades and more.

Market Trades

As in any exchange, ProBit is made up of several tokens to buy and sell. The developers have been careful in which tokens they allow in however and only permit the very best to make their way onto the platform. This provides users with the security and comfort to curb any possible losses as all tokens available have proven value.

Stop-Limit Trades

Amongst the professional trade-options available on ProBit, a helpful strategy to protect profits and mitigate losses are Stop-Limit Trades. These are orders where there is a limit specified on buy or sell items (also known as a “limit orders”) implemented once the highest bid or lowest ask reaches a specified ‘trigger’ price, known as the “stop”.

Immediate or Cancel Trades

An immediate or cancel order (IOC) is an order to buy or sell a security token on the exchange which must then be immediately filled, and any unfilled portion of the order is canceled. Traders can place a variety of security trades which indicate a minimum price of a sell order or a maximum price before a sell order is filled. These orders can include other conditions as well, such as an instruction to fill the entire order or only a portion of the trade depending on the seller’s preferences.

Conclusion

ProBit Exchange is a global, secure and professional marketplace that has been simultaneously built for seasoned vets with the beginner in mind. This delicate balance has been accomplished thanks to the freedom afforded to users with the customizable modular dashboard. There is no alternative on the market which manages to accomplish with such superiority or security.

ProBit Official Website:

https://www.probit.com/en-us/

ProBit Official Telegram Groups:

English: https://t.me/ProbitEnglish

Announcements: https://t.me/Probit_announcements

中文: https://t.me/ProbitChinese

한국어: https://t.me/ProbitKorean

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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.