ProBit, a Korea-based centralized cryptocurrency exchange, has announced support for NEO’s NEP-5 token standard. The support, which was confirmed by NEO Global Development, came as the exchange prepares for the second round of the official Initial Exchange Offering (IEO) for TranslateMe, a NEO ecosystem project with a NEP-5 token.

According to CoinMarketCap, at the time of press ProBit is the 76th-ranked exchange with a reported 24-hour volume of roughly $28.5 million. ProBit is a Korean Won fiat and cryptocurrency exchange that launched in November 2018. Currently, the exchange offers 102 markets, with NEO/KRW, NEO/BTC, NEO/USDT, GAS/KRW, GAS/BTC pairings.

TranslateMe IEO Round 2

Round 2 of the TranslateMe IEO will be offered on ProBit through June 4th, 2019. Korean and international participants will both need to complete KYC verification through the ProBit exchange to participate.

The full ProBit Exchange support announcement can be viewed at the following link: