PayBito provides crypto exchange technology to a large Thai Fintech company
PayBito is expanding its presence in growing Southeast Asia crypto landscape, and offers the recognized white label crypto exchange solutions for a Thai fintech powerhouse.
PALO ALTO, California, 11 November 2022 /PRNewswire-PRWeb/ — Global digital asset exchange PayBito continues to contribute to sustained crypto market growth, upholds its long-standing values of collaboration rather than competition, and facilitates access not only to institutional investors, but also to small businesses and entrepreneurs willing to diversify towards crypto trading services. In its latest venture, PayBito formed a strategic alliance with a prominent Thai fintech company, where the former will offer its renowned white-label crypto exchange architecture, boosting crypto transactions and growth across the Southeast Asian nation.
Thailand is a budding crypto market with a faster adaptation of crypto trade on par with major nations such as America, Russia, China, and others. Between 2020 and 2021, Thailand witnessed a 588% increase crypto volumes, making it one of the leading crypto– popular countries. The collaboration will include PayBito, which offers a white-label variant of the original crypto exchange used by crypto merchants worldwide, and will further drive the digital transformation for the country.
While explaining how crypto the ecosystem would be beneficial to Thailandsays PayBito CEO and blockchain pioneer Raj Chowdhury, “PayBito offers a crypto exchange platform with cutting-edge trading facilities along with additional crypto custody and banking solutions. Thailand has one of the fastest growing crypto talent pools, and this would do better than any targeted local collaboration.”
Crypto stock exchanges have been exposed to security crashes and liquidity fallout in the past. PayBito prioritizes the protection of investor assets and offers advanced security services such as cold and hot wallet security management, BIP-32 integration, Firebase, firewall, 3-point architecture platform and more. In addition, the platform offers ransomware protection, AES-256 encryption, withdrawal protection, KYC/AML and compliance with the latest crypto Laws and regulations. The exchange experiences high trading volumes on a daily basis, which eliminates liquidity concerns.
“If we’re looking for continued growth, we need to get back to the basics – accountability, security and transparency. Our ultimate goal is to simplify crypto trade. The community can greatly benefit from an inclusive approach and following the future crypto laws,” mentioned Chowdhury, who on several occasions insisted on using blockchain-powered AI and IoT applications for forecasting and improving security across crypto ecosystem.
PayBito products and solutions have been successfully deployed in over 26 nations, including the UK, Japan, Sweden, Australia, and others. The company has been a frontrunner, won international awards and created a white-label platform for crypto brokers. PayBito’s architecture is scalable to adapt to new changes, and the recently updated asset list and user interface.
Thailand ranks 12. i crypto stake, front GermanyGreat Britain, Brazil, and many large countries. Institutional investors and businesses can leverage the firm’s flagship white-label solution to tap next-level business growth opportunities from cryptocurrencies, rightly touted as the future of finance.
About PayBito:
PayBito is a leader cryptocurrency trading platform for assets operating globally. The platform is designed and managed by a team with rich experience in banking security systems, Cryptocurrency trade and blockchain technology. It is available in the web version as well as iOS and Android stores. PayBito services include white-label crypto exchange solutions, white-label payment gateway, exchange affiliates and coin listing. PayBito offers some of the best rates and top-notch security in crypto world.
Media contact
Coleen Facete, Hashcash Digest, +14159662907, [email protected]
SOURCE Hashcash Digest
