ProBit Global vs SimpleSwap

ProBit Global1.0/5

VS

SimpleSwap4.1/5

Feature	ProBit GlobalVisit	SimpleSwapVisit
Ratings
Our score	1.0/5	4.1/5
User rating	No reviews yet	No reviews yet
Fees	1.0	3.0
Security & trust	1.0	4.0
Asset selection	1.0	5.0
Ease of use	1.0	4.5
Support	1.0	4.0
Specs
Markets	Spot	Spot
Maker fee	0.2%	Not disclosed
Taker fee	0.2%	Not disclosed
Coins listed	500	2,800
Fiat deposit methods	Not disclosed	Card
KYC required	No	No
Accepts US customers	Yes	Not disclosed
Proof of reserves	No	Not disclosed
Staking / earn	Yes	Not disclosed
Mobile app	Yes	Yes
Security features	2FA, U2F hardware keys, Cold storage	Non-custodial architecture, Direct wallet settlements
Futures & perpetuals	No	No
Copy trading	No	No
P2P market	No	No
Earn / savings products	Yes	Not disclosed
User protection fund	No	Not disclosed
Referral program	Yes	Yes
Company
Founded	2018	2018
Headquarters	—	—
Investors	Not disclosed	Not disclosed
Strengths and weaknesses
Pros	Supported over 500 crypto assets and 660 spot trading pairs Standard BTC withdrawal fee of 0.0005 BTC was below historical industry averages Supported physical U2F hardware security keys for account protection Base spot trading fee could be lowered from 0.20% to zero via PROB	No account registration required for standard crypto-to-crypto swaps Non-custodial model delivers converted assets directly to personal wallets Extensive catalog covering more than 2,800 cryptocurrencies Choice between fixed guaranteed rates and floating market rates
Cons	Permanently terminated all operations, apps, and withdrawals on April 1, 2026 Unclaimed assets after March 31, 2026 were administratively processed and made non-retrievable Maintained no proof of reserves and no insurance fund for customer balances Imposed a post-termination administrative fee of 10% or 30 USDT monthly	Built-in exchange spreads can exceed traditional spot order-book trading fees Transactions flagged by automated AML risk scoring trigger sudden KYC holds No order books, limit orders, futures, or margin trading Fiat purchases rely on third-party processors with separate fees and verification
Best for	Historical crypto market research, Tracking exchange shutdown timelines	Registration-free crypto-to-crypto swaps, Non-custodial cross-chain transfers, Trading rare altcoins without CEX balances

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