PayBito, the US-based crypto exchange observes a sudden surge among investors to venture into its crypto broker platform, which was released earlier this year.
The crypto industry started with just one cryptocurrency, Bitcoin. However, it has now grown to a whopping $1.41 trillion with over 20,000 cryptocurrencies being traded in the market. Despite this, many experts believe that the true potential of cryptocurrencies is yet to be fully realized. 33 new cryptocurrencies are introduced every week to the market.
Despite inflation data and worldwide macroeconomic conditions, the crypto market has experienced a downturn in the last quarter of 2023. However, entrepreneurs and startups have recognized the immense potential of crypto and blockchain technology. As a result, several investors are exploring ways to enter the crypto industry. PayBito, a well-known US-based crypto exchange that operates globally, has reported a sudden surge in investors opting for its crypto broker platform.
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PayBito made headlines earlier this year when it released the world’s first white-label crypto broker platform, catering to entrepreneurs, institutional investors, and individual brokers. A crypto broker platform functions as a meeting ground for buyers and sellers in the market. With the rise of new investors, PayBito recognized the growing demand for crypto brokers in the market. Its white label crypto broker platform enables anyone to invest and venture into the industry. Moreover, it features over 400 crypto markets, supports more than 20 fiat currencies, and offers a one-month free trial.
CEO of PayBito, and blockchain pioneer, Raj Chowdhury states, “The growing trend of investors choosing crypto broker platforms underscores the evolving landscape of the digital asset market. We believe this shift reflects a broader acceptance of cryptocurrencies, and remain optimistic about the prospects and innovations within the crypto space.”
PayBito, a leader in crypto innovation, recently launched the world’s first crypto broker platform. It offers a cloud-based BAAS model, an AI-powered trading tool, easy sign-up and registration, high-end security, and a readymade exchange, with no technical hurdles. Anyone can start their crypto exchange with their brand name and logo. Moreover, PayBito is also recognized as the top white label crypto exchange provider by a well-known tech research firm.
“We believe in collaboration over competition, creating an environment for entrepreneurs and startups to thrive. The crypto broker platform is just the beginning,” concludes Chowdhury.
The crypto industry has revolutionized since its inception. With more and more investors joining the crypto space every day, PayBito remains optimistic about the prospects and innovations within the crypto industry.
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