U.S.-based cryptocurrency exchange PayBito recently announced it has been experiencing record signups after Bitcoin crosses the $40,000 mark. The latest milestone comes just weeks after PayBito announced its plans to double its workforce across multiple locations worldwide.
“Owing to an enhanced crypto portfolio, PayBito experienced a possibility to draw new traders with the rise in Bitcoin’s price. Offering an agile trading experience for traders, PayBito has been looking forward to attracting new traders, thereby providing them with an enhanced experience and initiating trading activities.”
Speaking about the milestone, Raj Chowdhury, Managing Director of PayBito, stated:
“The rise of Bitcoin’s price acted as a catalyst, thereby attracting traders from all across geographies, leading to record signups on our platform. Owing to an increase in user signups, my team aims to keep updating and adding innovative trading features to provide our users with an unmatched trading 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 notably offers the cryptocurrency exchange interface that functions under the brand name of the company participating in the affiliate program. The exchange order book has all the offers that are visible on the PayBito platform, including offers from other global trading platforms and other PayBito affiliates.