Few things have imploded in global adoption at the scale witnessed by the crypto market.
To accommodate the growth in adoption, and to handle the trade demands of the community, exchanges have launched all over the world. However, the vast portion of exchange developments have been concentrated from the US and China. It’s in the best interest of the community that a decentralized infrastructure is accommodated by a network of exchanges that is well-spread across the world.
A vast portion of exchanges have come out of US and China due to the high Crypto interest rooted in the countries. Interestingly, despite Korea having one of the highest national Crypto trade interest, there’s a limited number of major exchanges from the country; in fact, the highest spot currently held by a Korean exchange is on the 11th spot (by trade volume ranking).
A newly launched Korean exchange, ProBit, aims to diversify exchange presence across the globe, starting with Korea
The Strategy
ProBit Exchange intends to offer over 150 cryptocurrencies. What’s more, this exchange does not accept listing fees from projects. Any project worthy enough to pass ProBit Exchange’s requirements, may list.
This policy will actively protect users from scam projects and hit and runs. A cryptocurrency exchange having no listing fee is very rare – it ensures that the exchange has no conflict of interest in listing projects and aim to list only the very best for its users.
While bitcoin volume is certainly the crown of the market, token trading has seen substantial growth. Thus, exchanges that are friendlier to new cryptocurrencies have a good chance of capturing the one section of the market volume that is still increasing.
Kairotic Power
Sometimes, timing is everything. ProBit has a record-strong matching engine and well-established security measures so it doesn’t need to rely on timely launch benefits to have an edge. Nonetheless, the Korean government remains poised to soon relinquish pressures on the Crypto market. As regulation become ICO-friendly to domestic blockchain startups, an exchange that aims to aggressively extend its token menu will have a strategic benefit in Korea. Newly launched ICOs within the country would gladly welcome a domestic partner.
This isn’t the only kairotic benefit ProBit has.
Just earlier this year, one of the major Korean exchanges was hacked and suffered a major loss in user base. As a vast number of Korean traders have abandoned Bithumb, a new exchange could stand to be their new home.
Given that ProBit gives extra focus on security, it seems that it has placed the set of measures Korean traders will seek.
Global Presence
While ProBit stands to have a competitive advantage within the Korean market as it can create pathos appeal to traders of its own country, it intends to be a global institution.
The exchange is going to allow all holders of PROB tokens to vote on listings. Thus, anyone from anywhere can make an impact on the listings that take place on ProBit, thereby allowing people from all over the world to decide the direction ProBit takes. Also, holders of the exchange’s PROB tokens will allow market-makers to pay fees as low as 0.025%.
This is a record-low fee that will greatly appeal to traders from any country. On another note, given that the trading pairs are not linked to fiat, ProBit doesn’t limit itself to a specific country’s traders. Being friendly to a large amount of cryptocurrencies means the exchange welcomes listings of projects from across the world.
ProBit will first start off with a focus in South Korea and to the other major markets globally. There’s a need for more exchanges from countries other than China and the US as that’s in the best interest of a system that prides itself on decentralization. While the exchange makes a great effort to spread awareness of its developments, it has a strict policy of never paying for marketing with PROB tokens.
Sign-Up Bonuses and Lotteries
Every week, users can win EOS and even a Samsung Galaxy S9+ by doing a number of tasks.
- Participate in the exchange's token sale.
- Simply make an account and fund it with $50 Crypto.
- Invite other users to the platform.
- Participate in the exchange’s USDT 40,000 bounty.
Exclusive Offer for Steemians (40 people Max)[Completed]
ProBit is offering the Steemit community an exclusive offer! All Steemit users who simply make a ProBit account will be able to receive 2 STEEM.
ProBit and create an account.I will utilize @tipu's tip service to keep the process transparent and the payments instant. Just head over to
Participate now; it's easy!
ProBit Just make an account on
Take a screenshot of your referral code and post it here; all codes are unique.
That's it!
Then you receive 2 STEEM from me (funded by ProBit).
And note, if you fund the account with $50 worth of coins, you will receive an additional $4 in Tether from the exchange.
Essential Links
🌐 Website: https://www.probit.com/
Connect with me:
https://bitcointalk.org/index.php?action=profile;u=1700741;sa=summary
@hatu has set 6.100 STEEM bounty on this post!
Bounties are a new way you can earn rewards irrespective of you Steem Power. Go here to learn how bounties work.
Earn the bounty by commenting what you think the bounty creator wants to know from you.
Find more bounties here and become a bounty hunter.
Happy Rewards Hunting!
Update: 40 Prizes have been given out.
The bounty prize in steem-bounty remains; it's 6 STEEM. This will go to either:
Exclusive Offer for Steemians (40 people MAX)
ProBit is offering the Steemit community an exclusive offer! All Steemit users who simply make a ProBit account will be able to receive 2 STEEM.
ProBit and create an account.I will utilize @tipu's tip service to keep the process transparent and the payments instant. Just head over to
Participate now; it's easy!
ProBit Just make an account on
Take a screenshot of your referral code and post it here; all codes are unique.
That's it!
Then you receive 2 STEEM from me (funded by ProBit).
Hi @hatu
My previous post claim is still pending. As you said, commenting in this new post.
Late by about 2 days; it was limited to 40 people. I'll probably launch one more later today.
Here is my screenie :)
Quisiera saber si hará otro hoy, porque veo que estaba limitado hasta 40 personas, y muy buen trabajo me encantaría visitar Corea
👍👍👍😊
😎🤑👨💻
UPDATE: I see now that the contest is closed so feel free to use my referral code if you're looking at this comment:)
Here is my screenshot!
Congratulations to the following winner(s) of the bounty!
Find more bounties here and become a bounty hunter.@bitcoincompany has earned 2.341 STEEM. 2.341 STEEM from the community!
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Find more bounties here and become a bounty hunter.@enisshkurti has earned 0.087 STEEM. 0.087 STEEM from the community!
good work steem will be big soon
Great idea hope this takes off. I love Korea! Have a great day
Thank you :)
my code
It was limited to 40 people. I'll probably launch one more later today.
Oh I see, you're only giving out 80 free steem?
thanks
It was limited to 40 people, but I'll probably launch one more later today.
No worries if i wasn't in the 40.. It was a very generous off anyway :-)
Free Steem? Nice!
done!
It was limited to 40 people, but I'll probably launch one more later today.
This was incredibly fast!
!tip 2
I was following you and your announcements recently :)
Haha that explains it.
More contests on the way :)
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🎁 Hi @enisshkurti! You have received 2.0 STEEM tip from @hatu!thank you for your article. account started
Every day the bitcoin collapsing, it will be a boost, and we will recover for Christmas.
FeelsBadMan :(
that is right, brother
Day by day, my knowledge is growing whenever i read your article on crytocurrency. Now , I think i can understand more about steemit and i would participate more effectively in Steemit community.
hello, i wonder if it makes sense to trade there if i am not from Korea??
Global service provider.
Nine
Follow me
New steemit. Friends. Plzz follow me
!tip 2
Sorry, the tip is higher than your deposit.
(the minimal tip is 0.1 SBD/STEEM)You can check your deposit by sending 0.001 SBD to @tipu with memo: status
It was limited to 40 people, but I'll probably launch one more later today.
waiting for code :)
I need to see your referral page.
finally
!tip2
didnt recieve yet :/
!tip 2
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a new wordl
2 Steem? omg, that's almost one u.s. dollar
hurry hurry y'all
Used to be $12 :(
very good initiative. I will try my best to participate in it.
Hi sir it's my my account screenshots.
!tip 2
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Thank you dear sir.
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