ProEX overview
What is ProEX exchange?
ProEX is a multi-contract trading platform The globe leader (multi-contract) Bitcoin Ethereum and other altcoins. ProEX tends to make each and every energy to present an simple to use and safe trading platform. Diversify merchandise to enrich the consumer expertise.
The present group consists of monetary professionals from several nations with KYC AAA, AML / APG (Asia / Pacific Group on Money Laundering) grades. The ProEX improvement group functions with a renowned protection group to present the industry’s most safe cryptocurrency payment and custody alternative.
ProEX is headquartered in Singapore, headquarters in Singapore, branches in Canada and Taiwan.
The management technique has additional than twenty many years of expertise in the area HSBC Bank and Standard Chartered SCB. ProEX gives providers in 4 languages: Chinese, English, Vietnamese. (The present exchange only serves three languages).
ProEX is committed to launching additional unique derivative merchandise and providers to develop a greater trading natural environment for its consumers.
ProEX has obtained the Money Services Business (MSB) license. in the United States and Canada. (US MSB licenses are cautiously reviewed and issued by The Financial Crimes Enforcement Network (FinCEN), an workplace of the United States Department of the Treasury.)
You can refer to additional data from the ProEX Exchange white paper:
Advantages of ProEX
- Different trading merchandise: Spot Trading, Contract Trading, OTC, ETF, Network trading, Borrowing cryptocurrencies
- Fiat OTC trading help: ProEX enables customers to obtain and promote cryptocurrencies and spend with Fiat.
- Reduced transaction charges when inviting customers.
- Organize quite a few trading competitions.
- Events are held often each and every month, at least four occasions per month that customers can participate in and win prizes.
- There is an app on a mobile application.
- Trading leverage up to x125
Disadvantages of ProEX
- Exchange pairs in contract trading are nonetheless restricted: The amount of Altcoin / Stablecoin pairs is nonetheless very restricted, despite the fact that it greater additional than a number of months in the past. There are at present just above 31 User Contractual Transactions.
ProEX exchange consumer local community
When applying the ProEX exchange, you can talk about and locate the hottest exchange data and updates in the following communities:
Instructions for registering a ProEX account
Documents to put together prior to registering for a ProEX account
You will need to put together a number of matters:
- Commonly applied e-mail and cellphone amount.
- Identity card or passport (right here I use the identity card).
- The document obviously states the following data: total identify, Pro Exchange, registration date.
Instructions for depositing and withdrawing cryptocurrencies on ProEX
Instructions for depositing cryptocurrencies on ProEX
There are two techniques to fund a ProEX account:
Method one:
- In the site interface, decide on “spot property”
- Select the token / coin to load and decide on “Deposit”.
- Send the wallet handle to the merchant to deposit coins / tokens into it.
- The minimal deposit restrict for BTC is .001, ETH is .01, USDT is one.
Method two:
- Use OTC to deposit USDT straight into the ProEX exchange.
ProEX Withdrawal Instructions
For protection good reasons when withdrawing, a password ought to be set for the exchange withdrawal course of action.
Step one: Select the coin to withdraw and click “Withdraw” up coming to the “Deposit” button.
- Enter the sum of coins you want to withdraw from the exchange
- Enter the wallet handle to transfer the coins
- Enter your password
- Enter the Google Authenticator code
Step two: Select “Submit”.
Exercise background Trading on ProEX
Exchange
To obtain and promote on ProEX, you have two varieties of orders to pick out from: restrict orders and industry orders.
Buy coins
To obtain a coin, pick out a coin, enter the rate and amount you want to obtain if you are applying a restrict purchase.
As for industry orders, you just have to enter the amount and press the Acquire button.
Sell coins
The identical goes for the sale of coins. You just have to decide on the coin, enter the rate and amount you want to promote for the restrict purchase.
For industry orders, just enter the amount and then press the Promote button. The purchase will be executed promptly with the present industry rate.
Contractual transaction
To participate in the Contract Transactions, in the principal interface decide on “Future”
On the left hand side are the present trading pairs on ProEX.
If you are new, please study the data beneath cautiously.
- Open Position: The open place involves Open Long and Open Short.
- Closed place: The closed place involves the lengthy closure and the brief closure.
- Leverage: trading leverage depends on every single listed coin / token, lowest leverage x2, highest leverage up to x125
- Price: involves Limit Price, Market Order, Stop Order
- Advanced alternatives:
- P / O: Order Post only – pending purchase
- IOC: Order Immediately Filled or Cancel: An purchase that will try to fill all or aspect of the purchase promptly at the accessible rate and amount, then cancel any remaining aspect of the unfulfilled purchase.
- FOK: Order Filled or Killer: You are prompted to full the purchase promptly (filled), otherwise it will be canceled (killed).
- Tp / Sl :: applied to consider revenue and end reduction when the rate reaches the ordered spot
Fiat
There are at present no P2P traders on ProEX
Frequently asked issues about applying the ProEX exchange
Should I trade on ProEX?
Have!
With help for quite a few merchandise this kind of as: Spot, Contract, Fiat OTC, Grid Trading (Grid Trading), Crypto Loan, Staking Pool (Android app). ProEX is aimed at all customers in the cryptocurrency industry
Is ProEX harmless and trusted?
Have!
ProEX has partnerships with quite a few main protection organizations and corporations. This displays that ProEX is a trustworthy exchange in the worldwide local community.
How significantly does the transaction expense on ProEX?
When trading on ProEX, you have to spend the following charges:
- Spot transaction charge: from .15%
- Contract Transaction Fee: Maker .02%, Taker .075%
Has the ProEX exchange been hacked?
Not but!
So far, there have been no recorded situations of hacking by ProEX.
How significantly does it expense to deposit / withdraw on ProEX?
- Security deposit: absolutely free
- Withdrawal Fee: Volatile, depends on the health and fitness of the blockchain network
Does the ProEX floor have a upkeep error?
Currently, ProEX has not encountered any upkeep mistakes.
The floor will completely alert customers prior to updating new characteristics.
Is ProEX a Scam?
The ProEX exchange is a trustworthy exchange and is not a scam.
Which country’s ProEX exchange?
ProEX Exchange is headquartered in Singapore.
What is ProEX trading currency?
Currently, ProEX does not have an official trading currency.
In the potential, if there is any data about trading currencies, I will update you promptly.
What is the deposit and withdrawal restrict on ProEX?
Reload:
- Minimum deposit restrict: one USDT
- Maximum deposit restrict: none
Withdraw cash:
- Minimum withdrawal restrict: five USDT
- one day greatest withdrawal restrict (not but KYC): 1500 USD
- For customers who passed KYC: thirty,000 USDT
Does the ProEX exchange have an app on iOS, Android?
Currently the platform supports Android working technique, for iOS customers, the APP is getting up to date, customers will be notified as quickly as the iOS APP is finished.
Which trading markets are supported by ProEX?
ETF merchandise:
ProEX only opens ETFs with 3X Long and 3X Short leverage. You can pay a visit to the official ETF Trading site to see the total checklist of leveraged ETFs
Crypto Mortgage Loan:
A type of crypto-backed crypto loan, apply for a 24-hour loan, can repay the loan at any time
Grid Combat:
Strategies to assist the proper customers revenue from arbitrage
Contractual transaction
This is a rather difficult spin-off for rookies.
Does ProEX have an IEO?
Currently, ProEX does not hold IEOs.
I will update the data when there is an announcement from the area.
The occasions on ProEX are occurring
Currently, the ProEX exchange is internet hosting worthwhile networking occasions for cryptocurrency traders that you can participate in:
Event: 1USDT wins Omega x Swatch
ProEX will hold the “1USDT win Omega x Swatch” occasion on August 4th. When you deposit one USDT into ProEX, you are eligible to participate in the ProEX Season two Lucky Draw. Omega x Swatch watches are waiting for you to gather them.
Event written content
The exercise is divided into 3 duties:
- Deposit one USDT for the duration of the occasion time period to qualify for the PROEX Omega x Swatch Season two Lucky Draw.
- On IG, share the occasion banner and caption “PROEX Exchange Season 2 Sweepstakes, Omega x Swatch Watch !!!” Upload to the story 24/seven and tag “@ proex.io”.
- After sharing, full the 2nd stage, 22 hrs later on, you will need to consider a screenshot and submit the type to this link: the moment censored you will be entitled to one,111 SHIB.
Summary: When you deposit, you will be eligible to participate in the lottery and when you share and present screenshots, you can get SHIB
Read additional about the occasion: 【Events】 1USDT wins Omega x Swatch – ProEX Help Center (zendesk.com)
Event: ProEX USDT Staking Pool with yearly charge up to ten%
After launching Staking Pool six%, ProEX was enthusiastically acquired by all. So, from currently 02/18, ProEX customers can get pleasure from several prices, yearly prices up to ten%
It only applies to the Android edition.
How to join: How to register / redeem / check records?
- The staking pools accessible are: USDT (absolutely free participation)
- Interest returned: USDTB
- Locked Interest Rate: four% ten% APY (primarily based on APP show)
- Earnings calculation: 00:00 the day following the entry
- Useful: everyday self-dispensing technique
Read additional about the occasion right here: 【Event】 ProEX USDT staking pool up to 10% annual fee – ProEX Help Center (zendesk.com)
Event: ProEX BTC and ETH Staking pool get pleasure from up to six% APY
ProEX BTC Staking Pool and ETH Staking Pool are now on the stock exchange, customers can invest assets and will get everyday cash flow at any time.
Currently only Android edition.
Read additional about the occasion right here: 【Events】 ProEX BTC and ETH Staking pool enjoy up to 6% APY – ProEX Help Center (zendesk.com)
Event: ProEx Trade with Confidence, Win Commissions!
ProEX will hold the “Trading with Confidence, Winning Commissions! “At ten:00 on October twenty (UTC + eight). Are you positive of the transactions …