PayBito Offers White Label Crypto Exchange Platform to South Korean Fintech Enterprise
PayBito is expanding its presence to the east. The US-based firm is offering its renowned white-label crypto exchange platform to a major fintech company in the South Korea.
PALO ALTO, California, 24 November 2022 /PRNewswire-PRWeb/ — Digital asset exchange PayBito is increasing its relevance in the global crypto community, enabling institutional investors with world-class white-labeled crypto exchange solutions. It has partnered with financial enterprises across nations with a ubiquitous strategy. These collaborations lead to better crypto adoption and collective development. The tech-savvy South Korean market has been the latest successful entry point for PayBito, offering crypto exchange solutions to a major fintech company.
The crypto community is booming across the board South Korea, and there is high competition within crypto exchanges (more than 20) for an increase in market share. 10% of South Koreans already use cryptocurrencies, and over 150 online businesses accept them as currency. Although the nation has not officially declared it as a medium of exchange, people are more enthusiastic to trade and own them. The government has invested 177.1 million dollars towards the metaverse and has long-term plans to indulge in the cryptobiome.
PayBito CEO and noted blockchain pioneer Raj Chowdhury announced the platform’s venture into the South Korean crypto community by stating, “South Korea emerges as a major payer in the global crypto economy. The collaboration is a step forward to broaden the horizon and contribute to the further development of digital values.”
PayBito is a frontrunner in integrated crypto-forex technology offerings across its white-label exchange solutions. The global asset exchange records daily transaction volumes that exceed USD 5 billion and updated asset listings and UI/UX. A significant contributor to PayBito’s growing global popularity is its high-performance exchange architecture that includes bank security, multiple trading options, matching engines, liquidity pools, cross-platform compatibility, user-friendly features, custodian services, liquidity pools and more. PayBito also has a broker program that is easy to join, with lucrative commissions and an affiliate marketing program.
“Ultimately, how we serve and treat is what attracts customers to a business venture. The collaboration will bring about a positive change in the South Korean crypto community, driven by trust and transparency,” concluded Chowdhury. He is also an outspoken advocate for the need for blockchain analytics in the crypto ecosystem.
With solutions successfully implemented in over 26 nations across the globe, PayBito has achieved global recognition and won top awards for its white-label crypto exchange platform. The US-based firm has recently launched the world’s first white-label crypto brokerage platform. Under the auspices of parent company Hashcash Consultants, PayBito has also announced plans for expansion and further recruitment across India and Middle East. The company is also slated to diversify and enter the metaverse segment in 2023.
Increasing global crypto adoption is encouraging financial institutions to diversify and include crypto trading in their list of service offerings. Institutional investors can use white-labeled crypto exchange solutions to capitalize on this growth opportunity and bypass additional issues including regulation, KYC and AML compliance.
About PayBito:
PayBito is a leading cryptocurrency trading platform operating globally. The platform is designed and managed by a team with rich experience in banking security systems, cryptocurrency trading and blockchain technology. It is available in the web version as well as iOS and Android stores. PayBito services include white label cryptocurrency exchange, white-label payment gateway, exchange affiliate and coin listing. PayBito offers some of the best rates and top-notch security in the crypto world.
Media contact
Coleen Facete, Hashcash Digest, +14159662907, [email protected]
SOURCE Hashcash Digest
