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Fees
Earns
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Fees
Earns
Customer service
Beginners
Trading
Passive income
Buy and hold
Beginners
Trading
Passive income
Buy and hold
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| Probit | FEATURES | Switchere |
|---|---|---|
|
ProBit supports low minimum trade amounts, making it accessible for beginners to start trading without requiring significant initial investments. |
Minimum Trade |
Switchere offers a low minimum trade amount, making it accessible for beginners or those looking to experiment with small transactions. |
|
ProBit Global offers competitive trading fees that are below the industry average, enhanced by discounts for using the PROB token. |
Trading and Transaction Fees |
The fees are relatively high compared to industry standards, which might deter frequent traders or those dealing in larger volumes. |
|
With over 500 cryptocurrencies available, ProBit Global provides one of the most extensive selections, catering to traders looking for variety and niche coins. |
Number of Cryptocurrencies |
Switchere supports a limited but essential selection of cryptocurrencies, suitable for those new to crypto but restrictive for diverse portfolios. |
|
The platform supports over 300 trading pairs, offering significant flexibility for trading strategies across a broad range of cryptocurrencies. |
Crypto-to-Crypto Trading Pairs |
Offers basic trading pairs; however, it lacks the variety provided by larger exchanges, limiting strategic trading options. |
|
ProBit is generally transparent about its fees and operations, though some users may seek more detailed information on certain operational aspects. |
Website Transparency |
The website clearly outlines fees, processes, and security measures, providing users with the information they need to make informed decisions. |
|
ProBit does not offer an exchange card for in-store purchases. |
Credit/Debit Card |
Switchere focuses on direct cryptocurrency purchases with fiat and does not provide additional financial tools like a branded exchange card. |
|
ProBit provides secure storage options, including cold storage, although it doesn’t offer as diverse an array of wallet services as some larger platforms. |
Storage Offering |
Offers secure storage solutions, though it might lack some advanced security features available on more specialized platforms. |
|
The platform offers staking options and various rewards through the use of its PROB token, giving users additional ways to earn from their holdings. |
Staking and Rewards |
Limited options for staking and rewards, which could be expanded to encourage longer-term investments and user retention. |
|
ProBit offers a functional mobile app and a user-friendly desktop platform, though some users might find the features somewhat basic compared to more advanced trading platforms. |
Mobile App and Desktop |
Both mobile and desktop platforms are user-friendly and reliable, though they may lack some functionalities expected by advanced users. |
|
Customer service is available and generally responsive, but feedback indicates that there is room for improvement in terms of speed and the breadth of support options. |
Customer Service |
Generally responsive and helpful, but some users may experience delays during peak times. |
|
Deposits and withdrawals are supported efficiently on ProBit, but the options for fiat transactions are limited, and the structure for withdrawal fees can be complex. |
Deposit and Withdraw |
The process is straightforward, but the high fees for some operations and limited methods for withdrawal can be a drawback. |
At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.
We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).
For more details on the categories considered when rating brokers and our process, read our full methodology.
Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.
Neither Threenvest, nor the author, are recommending you to invest with this article.
We help you invest in the crypto market in the safest way possible.
Threenvest was born by and for you. Our mission is to help you invest in the cryptocurrency market in the easiest and safest way possible. And how do we make money? Very simple, every time you click on any of the platforms that we recommend, it is possible that we get an income. We do not work with unsafe platforms, our standard is only to recommend platforms where we would invest our money ourselves.
© All rights reserved 2024 | Threenvest I/S