🔹 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?
The default trading fee at ProBit is 0.2%. There are several ways to get trading fee discounts:
1. Stake PROB
Move into a higher membership tier by staking PROB: How to Stake PROB >
2. Pay 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 to pay trading fees using PROB >
3. Participate in Trade Mining
With respect to certain trading pairs of BTC, ETH and XRP, users can be refunded 20-100% of trading fees by activating Trade Mining, in addition to the discounts based on membership tier.
🔹 How much trading fee discounts will I receive?
The trading fee amount will depend on:
1. Membership level (i.e. amount of PROB staked)
2. whether trading fee is paid in PROB
The table below summarizes the trading fees for different membership levels:
💡 By paying trading fees in PROB, you can lower your trading fees by an additional 0.02%.
(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”.
👉 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:
- Higher Referral Bonus
Earn up to a 30% referral bonus by inviting friends to ProBit. Start referring friends >
- 100% Trading Fee Refund with Trade Mining
Stake as many PROB as necessary and refund up to 100% of trading fees when trading BTC, ETH, and XRP trading pairs on ProBit. Learn more about Trade Mining >
- Earn PROB Daily with Stake Mining
- Join Trading Competition
Stake PROB and be eligible to join Trading Competitions at ProBit.