PayBito Provides Its Crypto Exchange Technology to a Leading Thai Fintech Company

PayBito is getting more involved in the growing cryptocurrency scene in South East Asia by offering its well-known white-label cryptocurrency exchange solutions to a Thai fintech powerhouse.

Global digital assets exchange PayBito continues to help the crypto market grow by sticking to its long-held values of cooperation instead of competition. This makes it easier for institutional investors as well as small businesses and entrepreneurs who want to branch out into crypto trading services to join the market.

In its most recent project, PayBito made a strategic partnership with a well-known Thai fintech company. As part of this partnership, PayBito will offer its well-known “white-label” crypto exchange architecture, which will increase crypto transactions and growth in the South-East Asian country.

Thailand is a growing cryptocurrency market that has adopted cryptocurrency trading as quickly as larger countries like the United States, Russia, China, and others. Between 2020 and 2021, the amount of crypto traded in Thailand went up by 588 percent, making it one of the most popular places for crypto.

With this partnership, PayBito will offer a white-label version of its native cryptocurrency exchange, which is used by crypto traders all over the world. This will help the country continue its digital transformation.

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While trying to explain how the crypto ecosystem would be beneficial to Thailand, PayBito Chief and blockchain pioneer Raj Chowdhury states, “PayBito offers a crypto exchange platform with cutting-edge trading facilities along with additional crypto custodial and banking solutions. Thailand features one of the fast-growing crypto talent pools, and this would fare better than any targeted local collaboration.”

In the past, there have been security crashes and lacks of money on crypto exchanges. PayBito puts protecting investor assets at the top of its list of priorities. It does this by offering high-end security services like security management for cold and hot wallets, BIP-32 integration, Firebase, Firewall, a 3-point architecture platform, and more.

The platform also has protection from ransomware, encryption with AES-256, protection for withdrawals, KYC/AML, and compliance with the latest crypto laws and rules. Every day, there are a lot of trades on the exchange, so there are no worries about liquidity.

“If we are looking for continuous growth, we have to get back to the basics – accountability, security, and transparency. Our ultimate aim is to simplify crypto trading. The community can benefit tremendously with an inclusive approach and adhering to upcoming crypto laws,” mentioned Chowdhury who on multiple occasions insisted on utilising blockchain-powered AI and IoT applications for forecasting, and improving security across the crypto ecosystem.

PayBito’s products and services have been used successfully in over 26 countries, such as the UK, Japan, Sweden, Australia, and others. The company has been a leader, winning international awards and making a platform that crypto brokers can use under their own brand names. PayBito’s architecture can be changed to fit new needs, and its asset listing and user interface were just updated.

Thailand has the 12th highest rate of people who own crypto, which is higher than Germany, the UK, Brazil, and many other large countries. Institutional investors and businesses can use the company’s flagship white-label solution to take advantage of next-level business growth opportunities from cryptocurrencies, which are rightly called the future of finance.

About PayBito

PayBito is the world’s leading platform for trading cryptocurrency assets. A team with a lot of experience in banking security systems, trading cryptocurrencies, and Blockchain technology made and runs the platform.

It can be found on the web and in the iOS and Android app stores. PayBito offers services like white-label crypto exchange solutions, a white-label payment gateway, exchange affiliate, and coin listing. PayBito has some of the best exchange rates and the best security in the world of cryptocurrencies.

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