PROBIT www.probit.com
Defunct2 known investors
ProBit Global was a cryptocurrency exchange that operated from 2018 to 2026, offering trading of digital assets through its website, mobile app, and API. As of April 1, 2026, the service has permanently ceased all operations and is no longer accessible.
Also known as ProBit · ProBit Exchange · ProBit Global
Investors · 2
Company profile
researched Aug 2026ProBit Global was a centralized cryptocurrency exchange that operated from 2018 until 2026. It offered custody of user-deposited assets, an internal order-book matching engine, spot market access, token listings, launchpad token distribution and fiat on-ramping, delivered through a web platform, Android and iOS mobile apps, and an API. A built-in "Fast Buy" feature allowed users to purchase major assets such as BTC, ETH and USDT with a credit card or bank transfer, so that users could move from fiat into crypto and into listed tokens without leaving the platform.
The exchange positioned itself as a broad-access, multilingual venue for a global retail audience rather than a specialist platform. Reported profile figures describe service to users in more than 190 countries, support for more than 40 languages, and listings of over 600 cryptocurrencies across more than 800 markets; the site itself was published in dozens of languages, including English, Chinese (Traditional and Simplified), Japanese, Korean-market neighbours in Asia, and numerous European, Middle Eastern and African languages.
ProBit issued a native utility token, ProBit Token (PROB), described in secondary sources as an Ethereum-based token with a reported total supply of 190 million, used for trading-fee discounts, access to token sales via the launchpad, referral incentives, trading competitions and a form of platform governance participation.
Business model
ProBit Global operated a custodial centralized exchange: users deposited assets into company-controlled wallets, balances were maintained in the exchange's internal ledger, and trades were matched internally against an order book, with blockchain settlement required only for deposits and withdrawals. Revenue-generating and engagement mechanisms associated with the model included trading activity, token listings, launchpad distributions and fiat purchase flows, with the native PROB token providing fee discounts and launchpad access to holders.
Trading-based exchange model, with trading fees (discountable via holdings of the native PROB token), token listing and launchpad distribution services, and a fiat "Fast Buy" purchase flow funded by card or bank transfer.
Traction
Reported platform scale prior to closure included 600+ listed cryptocurrencies across 800+ markets, availability in 190+ countries and 40+ languages, and access via web, Android and iOS.
Latest developments
In January 2026 ProBit Global announced a staged wind-down, citing rapid regulatory change and strategic business restructuring. New user registrations were disabled; spot trading ended on 27-28 January 2026 with all pairs delisted and open orders cancelled; a standard withdrawal period without administrative fees ran until 25-26 February 2026; an Asset Return System migration ran from 26 February to 1 March 2026, converting marketable assets (including BNB, BTC, ETH, POL, PROB, SOL, TRX, USDC, USDT, XLM, XRP) to USDT while excluding non-marketable assets; and a late asset return period ran to 1 April 2026. Access to historical trade and transaction data ended on 26 February 2026, and the withdrawal grace period closed on 31 March 2026. Effective 1 April 2026, all operations ceased, the website, mobile app and API were permanently disabled, remaining balances were administratively closed and are no longer retrievable, and all support channels were shut down.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
A mid-tier global centralized exchange offering broad token coverage (600+ cryptocurrencies, 800+ markets) and wide language and country reach; following its 2026 shutdown it has been cited as an illustration of counterparty and custody risk inherent in centralized exchanges.
Technology
Centralized order-book matching engine with internal ledger bookkeeping, custodial wallet infrastructure across multiple blockchain networks, web and mobile (Android, iOS) clients and a public API. The native PROB token was issued on Ethereum.
Go-to-market
Global retail cryptocurrency traders, including users seeking access to smaller-cap and newly listed tokens; the platform served users across more than 190 countries with interfaces in more than 40 languages.
Geography
Operated internationally, reportedly serving users in more than 190 countries with a website localized into more than 40 languages. EU/EEA users were subject to an earlier service termination and a withdrawal-only mode via web access during the wind-down.
History
ProBit Global was founded in 2018 and operated as a centralized cryptocurrency exchange until 2026. It announced the termination of its services in January 2026 and completed a staged shutdown, with all operations permanently ceasing on 1 April 2026.
Risks & controversies
The wind-down was announced as driven by rapid regulatory change and strategic restructuring, with an earlier separate service termination for EU/EEA users. Assets not withdrawn by the published deadlines were treated as abandoned and permanently lost, with the company stating it bears no liability for resulting losses; non-marketable assets were excluded from conversion under the Asset Return System. After closure, the company warned that any accounts or groups claiming to represent ProBit Global on Telegram, X or Facebook, and any unsolicited contact requesting fees, keys or personal information, are fraudulent. Commentary published after the shutdown framed the case as an example of centralized exchange dependency risk, noting that the utility of the PROB token, including fee discounts, launchpad access and governance, effectively disappears when the platform closes.
Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 4
launches, deals, and filingsEffective 1 April 2026 00:00 UTC, ProBit Global ceased all operations. The website, mobile app and API were permanently disabled, all data was archived and made technically inaccessible for individual retrieval, remaining balances were administratively processed and closed following the 31 March 2026 withdrawal grace period deadline, and all customer support and social media channels were permanently shut down.
The fee-free standard withdrawal period ended on 25-26 February 2026, after which access to historical trade history and transaction logs concluded. From 26 February to 1 March 2026 an Asset Return System migration converted marketable assets (BNB, BTC, ETH, POL, PROB, SOL, TRX, USDC, USDT, XLM, XRP) to USDT, excluding non-marketable assets.
Spot trading ended (27 January 2026 16:00 UTC+8 / 28 January 2026 04:00 UTC+4), all trading pairs were delisted, pending orders were automatically cancelled, deposits were restricted and the mobile app became unusable.
ProBit Global announced a complete wind-down of its exchange operations, citing rapid regulatory change and strategic business restructuring. New user sign-ups were disabled immediately, with spot trading scheduled to end in late January 2026, a standard withdrawal period through late February 2026, an Asset Return System migration converting marketable assets to USDT, and full service termination scheduled for 1 April 2026.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 5
primary sources listed
- PROBIT www.probit.comprobit.com · web
5 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does PROBIT www.probit.com do?
- ProBit Global was a centralized cryptocurrency exchange (2018-2026) that wound down and ceased all operations in April 2026.
- Who are PROBIT www.probit.com's investors?
- PROBIT www.probit.com's investors include Castrum Capital, Nexus One.