PayBito puts forward its proficiency in digital assets, offering consulting services for algorithm trading at both buy-side and sell-side to a Sweden-based crypto exchange.
A frontrunner in innovation, PayBito consistently makes headlines across the global crypto landscape upholding the spirit of trust, transparency, and collaboration. The US-based digital assets exchange extended its presence across Europe, offering its expertise in algorithm trading bot solutions to a Swedish financial services firm venturing into crypto trading services.
Latest Fintech News: Netcapital Funding Portal Powers $1.4 Million Capital Raise by Avadain
Algorithmic trading refers to tech-based trading strategies which rely on decision-making based on pre-programmed rules. Participating traders or investors write codes for executing trades on their behalf upon reaching predetermined conditions. Trading bots and their compliance with rule-centric decision-making have advantages such as impact minimization which is quite useful across the volatile crypto markets.
The PayBito trading bot feature comprises both buy-side and sell-side options. Users can avail of short-term and long-term strategies with real-time tracking, technical indicators, and cutting-edge security.
PayBito Chief and blockchain pioneer Raj Chowdhury stated, “The global rise in crypto ownership is also prevalent in Sweden. Algorithmic trading solutions will further accelerate the pace of adoption enabling crypto investors to maximize gains and leverage higher returns.”
Latest Fintech News: Q2 Announces New Philanthropy Fund to Build Strong and Diverse Communities Worldwide
Sweden is a prominent example of a cashless society. The country is gearing towards fully adopting its central-backed digital currency(e-krona). The European nation has widely adopted crypto’s underlying blockchain technology to expedite land registration and real estate transactions.
“Blockchain and cryptocurrencies are propelling the digital transformation across the global financial system,” concluded Chowdhury, who had previously expressed support for bot trading and blockchain analytics in the crypto landscape.
PayBito has been contributing to critical crypto success on a global scale. The digital assets exchange has offered its expertise and white-label solutions to institutional investors venturing into crypto trading all over the world, including Japan, UAE, Canada, and more. Paybito has been recognized as the top white-label crypto exchange provider by a tech research firm. In recent times, PayBito updated its global crypto broker program and announced discounts on its white-label products and solutions.
Trading bots are witnessing a growing relevance across the crypto ecosystem. Enterprises and institutional investors can make use of algorithmic trading to generate maximum asset growth in the volatile crypto markets with accuracy.
Latest Fintech News: iTrustCapital Surpasses $6 Billion in Crypto IRA Transactions, Marking a 200% Increase in the Last 12 Months
[To share your insights with us, please write to sghosh@martechseries.com]
