Digital Assets Report

Newsletter

Like this article?

Sign up to our free newsletter

Crypto exchange PayBito reports surge in trading volume

Related Topics

A recent trade surge in trading volume has propelled crypto trading and exchange platform PayBito into the top three in the USA, the copmpany says, ahead of both Kraken and Bitfinex. 

As of 22 November, 2019 the exchange is running a trading volume of USD238,568,498 (as per CoinMarketCap).

PayBito, which has been showing consistent growth in trading volume, aims to offer a seamless experience to users. It is Segwit enabled and has liquidity integration with major exchanges, as well as advanced features like two-factor authentication with Firebase, GA, and BIP-32, pending transaction handling, and block confirmation tracking. The exchange offers users with an open order book a venue where they can trade in crypto as per their requirements.

PayBito is multi-signature and security-focused. It implements advanced security protocols to protect users from cyber breaches. The exchange monitors AML and KYC checks before users can load their wallets for purchase from the app. Three-point architecture, hot wallet, multi-signature cold vault, DDoS Mitigation, firewall protection, monitoring and logging, identity and access controls and data encryption are some of the technological advancements employed by Paybito.

Like this article? Sign up to our free newsletter

Most Popular

Further Reading

Featured