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ProBit is glad to announce the listing of SOC. Please refer below for the trading schedule: SODA Coin (SOC/KRW, SOC/BTC) Trading Pair- Available for deposits starting from Apr 25, 2019, Thursday, 12:00 KST. - Available for trading starting from Apr 25, 2019, Thursday, 15:00 KST. ※ProBit Exchange reserves the final right to make amendments to the dates in this announcement. Thanks for your support! ProBit Team
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ProBit Exchange ( www.probit.com) is glad to announce a trading competition for Ubex (UBEX).Ubex Trading Competition Event Duration: 12 Apr 2019 (Friday), 15:00 KST - 25 Apr 2019 (Thursday) 15:00 KSTTotal Amount: 5,000,000 UBEX ⯈ Trade UBEX, Earn UBEXA trading competition will be held for UBEX/BTC, UBEX/ETH, UBEX/USDT, UBEX/KRW trading pairs. A total of 5,000,000 UBEX will be earned by the Top 10 users. 1st place: 1,125,000 UBEX2nd place: 1,000,000 UBEX3rd place: 875,000 UBEX4th place: 625,000 UBEX5th place: 500,000 UBEX6th place: 375,000 UBEX7th place: 250,000 UBEX8th place: 125,000 UBEX9th place: 75,000 UBEX10th place: 50,000 UBEX ⯈ KYC Verification NoticeAll trading competition participants are required to complete KYC level 2 verification at ProBit Korea ( www.probit.kr), or ProBit Global ( https://www.probit.com). Korean accounts for Level 2 verified global users as well as Global accounts for Level 2-4 verified Korean users are also qualified to join the trading competition. ⯈ Terms:- ProBit Exchange reserves the right to cancel or amend the event rules with sole discretion.
- ProBit Exchange reserves the right for final interpretation of the results of these events.
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NUVO (NUVO) will be launching its token sales with ProBit Exchange! ⯈ IEO Duration12 Apr. 2019 (Friday), 15:00 KST to 13 May 2019 (Monday), 14:59 KST ⯈ PriceNUVO will be priced at $0.0025/NUVO. ⯈ Bonuses- Buy NUVO using PROB, Get 10% Bonus
Users will gain 10% more NUVO by purchasing NUVO through PROB. PROB is the token of ProBit Exchange, which offers its holders multiple airdrops and benefits.
- Buy NUVO using USDT, BTC, ETH, XRP, and STEEM Get 5% Bonus
Users will gain 5% more NUVO by purchasing NUVO through USDT, BTC, ETH, XRP, and STEEM.
- Earn NUVO by referring
Referrers will earn 1% of the NUVO tokens purchased by their referees.
⯈ KYC Verification Notice
All participants of NUVO's token sale are required to complete KYC verification. Korean users are required to complete KYC level two at ProBit Korea (www.probit.kr). International users are required to complete the entire KYC verification process at ProBit Global (https://www.probit.com).
⯈ About NUVO (https://jamaa.com/)
NUVO provides a platform for Jamaa, a token-incentivized social platform that helps establish a strong blockchain-based social media experience. The decentralized social media platform aims to completely transform the user experience to reward user participation and maintaining quality content through the three pillars of Community, Fairness, and Expression.
⯈ About ProBit
ProBit Exchange is a global cryptocurrency exchange. ProBit Exchange only lists promising, qualified and deserving cryptocurrency projects. ProBit Exchange boasts order matching speed of over 1.5 million orders per second, superb security which supports hardware security keys and a customizable user interface.
ProBit Global: www.probit.com
ProBit Korea: www.probit.kr
⯈ IEO at ProBit Exchange
ProBit Exchange is able to support an IEO with more than 5 currencies, multiple sales round, different bonus rates, and various lock-up structures. The funds received are stored with the same high level protections that ProBit Exchange uses for exchange's deposits.
Preferential listing treatment is given to projects that conduct IEO on ProBit Exchange.
For more information on running an IEO on ProBit Exchange, please send an email to partnership@probit.com
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ProBit Exchange ( www.probit.com) is glad to announce the listing of ICOCalendar.Today (ICT). ⯈ Listing ScheduleDeposit Date: 23 Apr 2019 Listing Date: 23 Apr 2019 15:00 KST Trading Pairs: ICT/ETH, ICT/USDT ⯈ ICT Listing EventsDuration: 23 Apr. - 7 Mar. 2019 Total Amount: 875 ICT A trading competition will be held for ICT/ETH and ICT/USDT trading pairs. A total of 375 ICT will be earned by the Top 10 users. - Hold PROB, Earn ICT
Holders of over 500 PROB tokens will receive 500 ICT in proportion to the number of PROB held, subject to a cap per account.
⯈ ProBit Exchange (www.probit.com) is a global cryptocurrency exchange and an IEO platform where cryptocurrency projects may raise funds on. ProBit Exchange boasts order matching speed of over 1.5 million orders per second and has a customizable user interface. In Feb 2019, ProBit Exchange helped SPIN Protocol raise US$310,000 for their IEO, with the first round concluding in 2.5 minutes. ProBit Exchange has since conducted 18 rounds of IEO since then. For partnerships enquiries, please email partnership@probit.com
⯈ ICOCalendar.Today (https://www.icocalendar.today/)
ICOCalendar.Today is a part of the ICOBay Group and owned by digital marketing global leader W-MKT.com which provides a one-stop solution for startups, small and medium businesses. Their expert consulting services have helped fund over 2,000 crowdfunding projects as well as providing additional exposure for journalists and entrepreneurs on widely known publications including WSJ, Forbes.com, and Entrepreneur.com. ICT token is an ERC20 utility token which is used to buy marketing services within the ICOCalendar.Today directory site.
⯈ Terms:
- ProBit Exchange reserves the right to cancel or amend the event rules with sole discretion.
- ProBit Exchange reserves the right for final interpretation of the results of these events.
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MPCX(XDMC) will be launching its token sales with ProBit Exchange! ⯈ IEO Duration26 Apr. 2019 (Friday), 12:00 KST to 7 May 2019 (Tuesday), 11:59 KST ⯈ PriceXDMC will be priced at $0.05/XDMC. ⯈ Bonuses
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Farm2Kitchen (F2K) will be launching its token sales with ProBit Exchange! ⯈ IEO Duration24 Apr. 2019 (Wednesday), 12:00 KST to 27 Apr. 2019 (Saturday), 11:59 KST ⯈ PriceF2K will be priced at $0.1/F2K. ⯈ Bonuses- Buy F2K using PROB, Get 20% Bonus
Users will gain 20% more F2K by purchasing F2K through PROB. PROB is the token of ProBit Exchange, which offers its holders multiple airdrops and benefits.
- Buy F2K using USDT, BTC, ETH, and XRP Get 15% Bonus
Users will gain 15% more F2K by purchasing F2K through USDT, BTC, ETH, and XRP.
⯈ KYC Verification Notice
All participants of Farm2Kitchen's token sale are required to complete KYC verification. Korean users are required to complete KYC level two at ProBit Korea (www.probit.kr). International users are required to complete the entire KYC verification process at ProBit Global (https://www.probit.com).
⯈ About Farm2Kitchen (https://www.farm2kitchen.io/)
Farm2Kitchen provides a solution for food safety and security with a global marketplace for farmers along with complete transparency of the entire supply chain. The Hyperledger Blockchain platform will be the core element that aims to establish responsible food traceability, efficient and automated recalls, competitive pricing, as well as minimize food wastage.
⯈ About ProBit
ProBit Exchange is a global cryptocurrency exchange. ProBit Exchange only lists promising, qualified and deserving cryptocurrency projects. ProBit Exchange boasts order matching speed of over 1.5 million orders per second, superb security which supports hardware security keys and a customizable user interface.
ProBit Global: www.probit.com
ProBit Korea: www.probit.kr
⯈ IEO at ProBit Exchange-
ProBit Exchange is able to support an IEO with more than 5 currencies, multiple sales round, different bonus rates, and various lock-up structures. The funds received are stored with the same high level protections that ProBit Exchange uses for exchange's deposits.
Preferential listing treatment is given to projects that conduct IEO on ProBit Exchange.
For more information on running an IEO on ProBit Exchange, please send an email to partnership@probit.com
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ProBit Exchange ( www.probit.com) is glad to announce the listing of ROCKZ. The RKZ/BTC pairing will be made available for deposit on 1 Feb 2019 and for trading on 1 Feb 2019 at ProBit Exchange. Listing Event DetailsDuration: 1 Feb – 27 Mar 2019
Total amount: 10,660 RKZ 1. Trade RKZ, Earn RKZDuration: 14 Feb - 27 Mar 2019
4,200 RKZ will be distributed to the Top 100 traders, in proportion to their total effective trading volume of ROCKZ.
Each account may receive a maximum of 84 RKZ.
ProBit Exchange reserves the right to penalize users who are suspected of foul play.
2. Hold PROB, Earn RKZ Holders of PROB tokens will receive 5,360 RKZ split depending on user’s PROB holdings: - Tier 1 (1,000+ PROB): 10% of this event budget
- Tier 2 (10,000+ PROB): 25% of this event budget
- Tier 3 (100,000+ PROB): 65% of this event budget
Members will qualify for all the tiers below them. For example, Tier 2 user will qualify for both Tier 2 and Tier 1 rewards. The snapshot of the PROB tokens for calculation of rewards will be taken at a random time in Feb 2019. 3. Be Active, Earn RKZDuration: 4 Feb - 13 Mar 2019 (5 weeks)A lucky draw will be conducted every Wednesday at 15:00 KST throughout the campaign duration. A total of 1,100 RKZ will be shared by all lucky draw winners of 5 draws. Users who have traded RKZ at ProBit Exchange in the past week are eligible for the lucky draw. 20 lucky winners will be chosen every week for a duration of 5 weeks. The schedule of event and lucky draw are as follows: - 1st Week: 4 Feb 0:00 KST (Monday) to 10 Feb 23:59 KST (Sunday); Lucky Draw: 13 Feb 15:00 KST (Wednesday)
- 2nd Week: 11 Feb 0:00 KST (Monday) to 17 Feb 23:59 KST (Sunday); Lucky Draw: 20 Feb 15:00 KST (Wednesday)
- 3rd Week: 18 Feb 0:00 KST (Monday) to 24 Feb 23:59 KST (Sunday); Lucky Draw: 27 Feb 15:00 KST (Wednesday)
- 4th Week: 25 Feb 0:00 KST (Monday) to 3 Mar 23:59 KST (Sunday); Lucky Draw: 6 Mar 15:00 KST (Wednesday)
- 5th Week: 4 Mar 0:00 KST (Monday) to 10 Mar 23:59 KST (Sunday); Lucky Draw: 13 Mar 15:00 KST (Wednesday)
ProBit Exchange ( www.probit.com) is a global coin-to-coin cryptocurrency exchange that receives no listing fees. ProBit Exchange only lists qualified and deserving cryptocurrency projects. ProBit Exchange boasts order matching speed of over 1.5 million orders per second and has a customizable user interface. In addition, ROCKZ ( https://alprockz.io/) is the first stablecoin fully backed (1:1) by the strongest fiat currency in the world, the Swiss Francs(CHF). ROCKZ Swiss Franc (CHF) reserves are held under a regulated framework with Swiss Banks in Switzerland. ROCKZ owners are offered full transparency and legal enforceability over the reserves under Swiss law at any point in time. The reserve audit are released to the public on a monthly basis and the company has a statutory and regulatory audit on an annual basis. Terms:
- ProBit Exchange reserves the right to cancel or amend the event rules at our sole discretion.
- ProBit Exchange reserves the right for final interpretation of the results of this event.
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ProBit is proud to announce that ProBit Korea platform ( www.probit.kr) will officially open on Jan. 29, 2019! The ProBit Korea platform will feature Korean Won Fiat Exchange where users can buy cryptocurrency directly using Korean Won (KRW). Users who already registered at ProBit ( www.probit.com) are able to conveniently move their assets between ProBit and ProBit Korea. Users are able to trade in both platforms and choose according to their preference. Two Pre-Trade Mining rounds will be held right after the opening of ProBit Korea. The first round will be held on Jan. 30, 2019 while the second round will be held on Jan. 31, 2019. After the second Pre-Trade Mining round, the ProBit token (PROB) will be officially listed at ProBit Exchange on Jan 31, 2019. PROB will be traded against BTC, USDT and KRW on Jan. 31, 2019, 21:00 KST. Detailed information about opening events, Pre-Trade Mining and PROB listing will be announced within this week. Meanwhile, please take note of the following important dates and mark your calendars! ProBit Korea Grand Open Schedule:January 29 - ProBit Korea platform opening, KRW is available for deposit January 30- 31 Pre-Trade Mining (Round 1) January 1 -2 Pre-Trade Mining (Round 2) January 31 - Listing of ProBit Token (PROB) With the launch of ProBit Korea (KRW Exchange), ProBit is now one step closer to realizing its vision of the ProBit Ecosystem, an integrated system with various services including coin-to-coin exchange, local fiat deposits, and various trading pairs and IEO platform. We thank everyone who supported ProBit up to now and we hope to receive your continuous support in the future! ProBit Team
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PROB holders will receive several utilities and benefits at ProBit, including trading fee discounts, referral bonus, voting rights and preferential access to new features at ProBit. Please refer to https://www.probit.com/en-us/token. In addition, ProBit will continue to hold several events and promotions where PROB holders will get substantial benefits and rewards. For example, PROB holders already received multiple airdrops of tokens listed at ProBit even before Pre-Trade Mining. PROB holders will receive 12 more rounds of airdrops of coins and tokens to be listed at ProBit in the next 6 weeks! Announced Airdrops12 Planned Airdrops in the next 6 Weeks Token Burn NoticeIn celebration of the Korean Won fiat currency capabilities of ProBit Exchange, and also the inaugural of trade mining with this Pre-Trade Mining event, ProBit Exchange will reduce the total number of PROB to be issued by burning 5 million PROB. Terms & Conditions- The 10-20% referral bonuses from trading fee scheme will be suspended throughout both Rounds 1 & 2 of Pre-Trade Mining.
- The distribution of mined PROB will be given on the next day after each round of mining.
- The planned airdrops should be used as a guide. The date and type of airdrop is subject to change. ProBit Exchange aims to fulfill the planned airdrops to the best of its abilities.
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Pre-trade Mining at ProBit ( www.probit.com) and ProBit Korea ( www.probit.kr) is scheduled on the following dates: 30 Jan 2019 (16:00 KST) - 31 Jan 2019 (04:00 KST) 1st Pre-Trade Mining Round31 Jan 2019 (10:00 KST to 20:00 KST) - 2nd Pre-Trade Mining Round Why Mine PROB?PROB Holders receive countless benefits: 1. Multiple Rounds of AIRDROPSPROB holders will receive 12 rounds of airdrops of coins and tokens to be listed at ProBit in 6 weeks! PROB holders are bound to receive regular airdrops in the future! Click here to see airdrop schedule.2. Trading fee discounts 3. Referral Bonus 4. Voting rights and preferential access to new features Pre-Trade Mining (Round 1) Trade Mining Championship (Round 1)
Trade miners who participate in Round 1 of the Trade Mining will automatically be eligible for the Trade Mining Championship Round 1.
Winning participants will receive the following prizes based on the number of PROB mined during Round 1 Pre-Trade Mining. Buyback of the Decade
30% of all trading fees incurred in both Pre-Trade Mining rounds will be used as funds to buyback circulating PROB tokens in 2019.
Pre-Trade Mining (Round 2)
Mining amount for Round 2 will be the same as that for Round 1 (i.e. 1,000,000 PROB).
Terms & Conditions
1. The 10-20% referral bonuses from trading fee scheme will be suspended throughout both Rounds 1 & 2 of Pre-Trade Mining. 2. The distribution of mined PROB will be given on the next day after each round of mining. 3. The planned airdrops should be used as a guide. The date and type of airdrop are subject to change. ProBit Exchange aims to fulfill the planned airdrops to the best of its abilities.
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Well it took me a while to understand the difference between this two exchanges, and I know there are still a lot of people that do not understand what exactly each one stands for, well I am going to do my best to help you understand.
WHAT IS AN EXCHANGE:- An exchange is a platform where crypto or digital currencies can be traded for other cryptocurrencies or fiat on some exchanges.
WHAT IS A CENTRALIZED EXCHANGE? This is a type of exchange that is owned and controlled by its owners,users have little control of how the exchange runs its activities. On centralized exchanges data and your assets are stored in a centralized manner of storage. Centralized manner of storage when it comes to security means details and passwords are saved on the platform. When you sign up on a centralized exhange you get to choose a username and password which every other person will choose as well .Examples of centralized exchanges are your well known Binance, kucoin.
WHAT IS A DECENTRALIZED EXCHANGE?:- This is also an exchange, but this time almost opposite in operation when compared to centralized exchanges, on decentralized exchanges, it is all about the user and his assets and trades. On decentralized exchanges users have lesser barriers that is experienced on centralized exchanges due to administration control. On decentralized exchanges data and assets are stored in a decentralized manner of storage, when i mean decentralized, your data is not in any system or mass storage system . Everyone possess a private key or group of scrambled words known as memoric phrase.Examples are wavesdex,forkdelta,idex
BENEFITS OF A CENTRALIZED EXCHANGE
- Centralized exchanges currently have been known to posses much more liquidity than decentralized exchanges
- When one is a swing trader and in search of profits,its better to do so on a centralized exchange currently.
- Users friendly interface
- Good technical advancements
DISADVANTAGES OF CENTRALIZED EXCHANGES
- Expensive listing fees:- Listing on a huge centralized exchange can really be a pain
- Huge transaction charges:- Because this exchanges are administered, and the owners love profits, they make transaction fees huge and make life uneasy for traders.
- Security :- When a centralized exchange is hacked, hackers can make do with details of so many users, and steal assets with lots of worth.
- Downtime and maintenance:- when centralized exchanges feel like, they run scheduled maintenance at times without the consent of their users. This can be so frustrating as it leads to panic on the users and also leaves them handicapped as they cannot trade their assets .
BENEFITS OF DECENTRALIZED EXCHANGES
- lowered cost of transaction
- Huge security as you and you alone hold the key to your wallet
- More flexibility
- Listing most times is free
- Gets rid of the middleman function
DISADVANTAGES OF DECENTRALIZED EXCHANGES
- Poor liquidity:- At times when you keep a sell order, it may take hours if not days to get filled . Which makes people dump on already available buy orders .Listing on current decentralized exchanges can kill a project based on how the market is currently .
- Poor or confusing interface
- Little or lesser technological advancements when compared to centralized exchanges
- Not good for professional trading
I hope you now understand both exchanges?,well personally I love both exchanges, but when it comes to the cryptocurrencies and its mode of operation, I feel decentralized exchanges are the future, only needs a few advancements and some time to outshine these greedy centralized exchanges. What is your take? What do you think is the exchange for the future? Decentralized or centralized exchanges?
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