PROB is the native utility token to ProBit Exchange. The main purpose of PROB is used to pay for fees while on ProBit Exchange, such as trading and withdrawal fees. In the future, PROB can be used to pay for participation in other services and features.
Features of PROB
PROB will be used as the native utility token that will be used to pay for services and features on ProBit Exchange.
At ProBit, we are building PROB as the centerpiece of the ProBit ecosystem in which PROB will be used as the main currency for payments for services on the ProBit platforms. As new features are announced and released, we will provide further updates on how PROB users will benefit.
One last feature of PROB is the membership levels for the users who hold a stake in PROB. As a user holds an increasing amount of PROB, the benefits of PROB will be enhanced. As seen in the table above, the discount fee ranges from 10% to 50% depending on the amount of PROB a user has.
There are three main ways of obtaining PROB. The first two are via the sales of PROB. The last and third is via trade mining. Trade mining for PROB will make up the majority of how PROB will be obtained. This ensures sufficient supply of PROB for users without overflooding the market.