Your expert: Alejandro Borja
Investing risks losing your money
Your expert: Xavier Tarrasó
Investing risks losing your money
Fees
Earns
Customer service
Fees
Earns
Customer service
Beginners
Trading
Passive income
Buy and hold
Beginners
Trading
Passive income
Buy and hold
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| Probit | FEATURES | Coins.Ph |
|---|---|---|
|
ProBit supports low minimum trade amounts, making it accessible for beginners to start trading without requiring significant initial investments. |
Minimum Trade |
The minimum trade amount varies by cryptocurrency, with popular currencies like Bitcoin having very small minimum requirements, allowing for micro-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 |
Coins.ph charges competitive rates, typically lower than many other licensed exchanges in the region. This includes a spread on buy/sell transactions and minimal fees for crypto transfers. |
|
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 |
Coins.ph offers over 50 cryptocurrencies, providing a diverse range of options for traders. |
|
The platform supports over 300 trading pairs, offering significant flexibility for trading strategies across a broad range of cryptocurrencies. |
Crypto-to-Crypto Trading Pairs |
The platform supports numerous trading pairs involving major cryptocurrencies and Philippine Pesos, catering extensively to local market needs. |
|
ProBit is generally transparent about its fees and operations, though some users may seek more detailed information on certain operational aspects. |
Website Transparency |
The Coins.ph website provides clear information on fees, processes, and security measures, enhancing user trust and compliance transparency. |
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ProBit does not offer an exchange card for in-store purchases. |
Credit/Debit Card |
Coins.ph does not offer an exchange card for in-store purchases. |
|
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 |
Coins.ph offers a secure digital wallet service with robust security measures including 2FA. Highly secure with a user-friendly interface. |
|
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 |
Currently, Coins.ph does not offer staking services for earning rewards on crypto assets. This is a significant area for potential growth and user engagement. |
|
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 interfaces are available, with the mobile app being particularly praised for its user-friendly design. Excellent accessibility and usability across devices. |
|
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 |
Known for its effective customer service with multiple channels including live chat and email support. While generally good, there is room for faster response times and extended support hours. |
|
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 |
Users can easily deposit and withdraw funds using various methods including bank transfers, credit/debit cards, and even through physical retail partners. Highly accessible but could benefit from reduced fees and faster processing times for certain methods. |
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.
