Terms of Services

Please read these terms carefully before utilizing our services.

These ProBit Terms of Use is entered into between you (hereinafter referred to as “you” or “your”) and ProBit operators. By accessing, downloading, using or clicking on “I agree” to accept any ProBit Services provided by ProBit, you agree that you have read, understood and accepted all of the terms and conditions stipulated in these Terms of Use as well as our Privacy Policy.

THESE TERMS CONTAIN IMPORTANT PROVISIONS INCLUDING AN ARBITRATION PROVISION THAT REQUIRES ALL CLAIMS TO BE RESOLVED BY WAY OF LEGALLY BINDING ARBITRATION.

I. Definitions

  • ProBit refers to an ecosystem comprising ProBit websites.
  • ProBit Accounts refer to the foundational virtual accounts.
  • ProBit Operators refer to all parties that run ProBit.
  • ProBit Services refer to various services provided.
  • Digital Currencies refer to encrypted or digital tokens.
  • Fiat Trading refers to spot transactions in fiat.

II. General Provisions

1. About These Terms
These Terms constitute a legal agreement. ProBit reserves the right to change or modify these Terms.

2. Prohibition of Use
BY ACCESSING AND USING ProBit SERVICES, YOU REPRESENT AND WARRANT THAT YOU HAVE NOT BEEN INCLUDED IN ANY TRADE EMBARGOES OR ECONOMIC SANCTIONS LIST.

3. ProBit Account Registration
All Users must apply for a ProBit Account before using ProBit Services. ProBit may refuse, in its discretion, to open a ProBit Account for you.

III. ProBit Services

Upon completion of the registration and identity verification for your ProBit Account, you may use various ProBit Services, including but not limited to:

  • Crypto-to-crypto Trading: Spot trading on ProBit in accordance with the provisions of these Terms.
  • Futures Trading: To conduct Futures Trading, you must conclude with ProBit a separate Futures Service Agreement.
  • Options Trading: Requires understanding of high risks and options service agreements.
  • Margin Trading: Margin Service Terms of Use must be agreed upon.
  • Staking & POS: ProBit offers services to reward users who hold Digital Currencies.

IV. Liabilities

1. Disclaimer of Warranties

TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, ProBit SERVICES, MATERIALS AND PRODUCTS ARE OFFERED “AS IS” AND “AS AVAILABLE”.

2. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT WILL ProBit OR ITS AFFILIATES BE LIABLE FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES.

V. Resolving Disputes

  • Notice of Claim and internal dispute resolution required before arbitration.
  • Arbitration will be individual, governed by relevant rules.
  • Class Action Waiver applies; arbitration is individual only.