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Introduction

Cryptocurrencies are digital assets developed using the technology of cryptography and a decentralized/distributed database. It works as a medium of exchange and controls the creation of additional units of the asset in an extremely secure environment.

Since the launch of the first cryptocurrency – Bitcoin in 2009, various cryptocurrencies have been created. Moreover, Bitcoin and its derivatives use decentralized control as opposed to centralized electronic money/centralized banking systems.

As of the present day, over a thousand cryptocurrency specifications exist. Moreover, most are similar to the first fully implemented decentralized cryptocurrency, Bitcoin.

In this system the safety, integrity, and balance of ledgers is maintained by a community of mutually distrustful parties referred to as miners – members of the general public using their computers to help validate and timestamp transactions and then add them to the ledger in accordance with a particular timestamping scheme, known as CryptoNight, Blake, SHA-3, X11, etc, also referred as a hashing algorithm.

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The quickest way to buy and sell

PayBito is the quickest and easiest way of buying and selling Cryptocurrencies. Moreover, you'll never get a better rate anywhere.

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Most Secure

PayBito is highly secured. We follow the Industry Standard Security protocols. Moreover, using PayBito is very easy and you don't have to worry about security.

Simplistic way to buy and sell Cryptocurrencies

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ID VERIFICATION

Once you login to the app provide your ID Proof. Verify by filling in the info and uploading the ID.

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ADD MONEY

For buying Cryptocurrencies add money to the Money Wallet. Moreover, the amount transact to our bank account will show in your Wallet in the app.

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BUY/SELL CRYPTOCURRENCY

In your app go to the buy and sell option. Enter the amount either as money value or cryptocurrency quantity to place a buy or sell order.

Disclaimer: Trading in bitcoins and cryptocurrencies is subject to market, technical and legal risks

IMPORTANT NOTE

  • 1. Please avoid any scheme stating a fixed return in Cryptocurrency trading or mining – that might be a Ponzi Scheme. Moreover, it is susceptible to high risk. We do not associate with such a scheme/plan. Moreover, we are simply a platform for buying and selling cryptocurrencies.
  • 2. We don’t accept cash payments. Do not entertain anyone who poses as our employees or authorized third party. Moreover, we do not associate with any third parties to take cash payments on our behalf. Don’t even provide sensitive information, like your OTP, PIN, etc. to anyone.
  • 3. Don’t use the Cryptocurrencies for any illicit purpose. We might have to close your account otherwise. As we did KYC, you cannot open an account with us in the future after closing an account.
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