The PayBito cryptocurrency exchange from HashCash Consultants is one of the exchanges that have embraced white labeling. The latter refers to the fastest route that a cryptocurrency exchange can take in order to commence their operations on the very first day.
The PayBito cryptocurrency exchange is a platform that is focused on security and the trading of multiple-signature cryptocurrencies. The platform leverages bank-level security that allows it to keep hackers at bay. Some of its other appealing features include firewall protection, multi-signature cold vault, hot wallet, data encryption, DDoS Mitigation, a 3-point architecture, identity and access controls, as well as monitoring and logging.
“PayBito has been offering the White Label Cryptocurrency Exchange product to scores of enterprises big and small. In an unexpected trend, we are observing a sudden spike in interest from large banks looking to offer cryptocurrency exchange as services to their retail customers,” stated Raj Chowdhury, the managing director of HashCash Consultants.
Enterprises can take advantage of PayBito’s offerings to bring their services to the market at a faster rate. The cryptocurrency exchange platform has been gaining traction in the U.S and other major markets all over the world. Its White label packages span over a range of digital assets including Ethereum (ETH), Bitcoin (BTC), Bitcoin Cash (BCH), HCX, Litecoin (LTC) and ERC tokens. It also provides customization options to enterprises as well as the addition of more coins upon requests.
The product features a website, Android, and iOS versions plus a wide range of features including SegWit, BIP-32, Block confirmation tracking, Liquidity integration with major exchanges, and Firebase among others. PayBito has been doing quite well and a good measure of its milestones is the recent announcement that it added about 1 million new users to its platform. It also means that the exchange is on track towards achieving its goal of becoming one of the leading cryptocurrency platforms in the next few years.
One of the most unique aspects of PayBito is that it allows its clients from India and the U.S. to trade using the Indian Rupee or the U.S dollar. Users from other countries can use Bitcoin as a base currency once they have gone through all the necessary KYC/AML checks that apply for their jurisdiction. PayBito can be operated as a third-party crypto exchange that allows third parties to write applications and host nodes on the blockchain platform through the inbuilt API player.