U.S.-based cryptocurrency exchange PayBito recently announced it has experienced a record 300% surge in Crypto traders visiting the platform in the past three months.
PayBito reported that while improving its crypto portfolio, it has been widely expanding its operations in various locations. Lately, the platform has resumed operations in the Indian market, after the two-year ban was lifted by the Supreme Court, allowing its users in the region to initiate trading activities. PayBito’s Managing Director, Raj Chowdhury, spoke about the milestone by stating:
“The addition of cryptocurrencies to the platform was a crucial decision because we always strive to offer different trading alternatives to the users worldwide. Owing to our other essential attributes like low trading fees and INR support, there has been a notable surge in trader traffic and trading volume on the platform. We aim to keep adding and updating advanced trading features to give our users an unmatched experience.”
Founded in 2017, PayBito reported its platform is designed by a team with rich experience in Banking security systems, Cryptocurrency trading, and Blockchain technology. PayBito offers an end-to-end product that enables crypto invoicing, payment dispute management, along with ticketing and other features indigenous to payment processors and beyond that, all in a more streamlined, cost-effective and time-efficient manner.