Articles in this section

See more

ProBit VIP Membership: Stake PROB, Trading Fees as low as 0.03%

ProBit Support
  • Updated
Follow

🔹 What are the membership levels at ProBit?

ProBit has 12 membership levels: Standard and VIP 1 to VIP 11. Membership levels are determined by PROB staking amounts.

 

🔹 What are the benefits of higher membership levels?

Those with higher membership levels will benefit from reduced trading fees, higher trading fee refunds via Trade Mining and higher referral bonuses.

 

🔹 How do I get trading fee discounts?

  • Trade Mining

By default, users can refund 1-100% of trading fees for all trades at ProBit (except trading pairs of ongoing Trading Competitions) in ProBit tokens (PROB) via Trade Mining. 

👉 Stake more PROB, Get Higher Refund

Move into a higher membership tier by staking PROB: How to Stake PROB >

  • Paying trading fees in PROB

Trading fees are paid using the quote currency by default (e.g. Trading fees will be paid in USDT for the trading pair BTC/USDT). You can choose to pay trading fees using PROB in order to get additional trading fee discounts. 

 

🔹 How much trading fee discounts will I receive?

The trading fee amount will depend on:

  • Membership level (i.e. amount of PROB staked)
  • whether trading fee is paid in PROB

The table below summarizes the trading fees for different membership levels:

Trade_Mining_V2_-_full_table.jpg

 💡 By paying trading fees in PROB, you can lower your trading fees by an additional 0.02% point.

(10% ~ 40% additional discount when compared to payments with quote currencies such as USDT/BTC/ETH/KRW)

 

🔹 How can I pay trading fees in PROB

Go to My Page and activate “Pay trading fees with PROB”.

 pay_trading_fee_in_PROB.jpg

👉 IMPORTANT NOTE

  • Notwithstanding the activation, if you don’t have enough PROB for the fee payment, trading fees will be paid in quote currencies such as USDT/BTC/ETH/KRW.
  • PROB that is in staking wallet can’t be used for trading fee payments. Please make sure that there is sufficient PROB in your (exchange) wallet prior to trade execution.

 

🔹 What are the other benefits of staking PROB?

Aside from lower trading fees, here are additional benefits of staking PROB:

  1. Higher Referral Bonus

Earn up to a 30% referral bonus by inviting friends to ProBit. Start referring friends >

  1. 100% Trading Fee Refund with Trade Mining

Stake as many PROB as necessary and refund up to 100% of trading fees when trading any trading pair at ProBit. Learn more about Trade Mining >

  1. Earn PROB Daily with Stake Mining

Stake PROB and earn PROB at a rate of 4% per annum. Learn more about Stake Mining >

  1. Join Trading Competition

Stake PROB and be eligible to join Trading Competitions at ProBit.

 

200422_PROB_poster_en.png

 

Related articles

Comments

14 comments

Sort by Date Votes

Please sign in to leave a comment.

Powered by Zendesk