PayBitoPro Offers Crypto Broker Platform to a Sub-Urban African Enterprise

  • December 13, 2023
  • Jennifer Moore
PayBitoPro Offers Crypto Broker Platform to a Sub-Urban African Enterprise

PayBitoPro, a digital asset exchange platform in Singapore is popular for its cutting-edge white-label architecture. It is widely known for its innovative approach. Its architecture has been adopted by numerous financial institutions and enterprises across the globe. Thereafter, establishing PayBitoPro as a prominent player in the global crypto community. Through its comprehensive approach, PayBitoPro has collaborated with multiple financial institutions in the region, leading to the widespread adoption of cryptocurrencies. Recently, PayBitoPro extended its white-label architecture to a Sub-Urban African-based global enterprise after providing its crypto broker platform to a UK-based firm.

Crypto Market in Sub-Urban Africa

Bitcoin dominates cryptocurrency transaction volume in Sub-Saharan Africa, accounting for 9.3% of the total. This high adoption rate attributes to Bitcoin and acts as a store of value that counters inflation in countries with high inflation rates. Crypto trading in Africa functions through informal P2P and OTC markets. Furthermore, this leads to actual user numbers being higher than official estimates. In Nigeria, over 22 million people use crypto. Moreover, the country has received over $60 billion in crypto inflows over the past year. From July 2022 to June 2023, Sub-Saharan Africa represented only 2.3% of the global crypto transaction volume. Furthermore making it the smallest among all regions. Despite this, the region still received an on-chain value estimated at $117.1 billion during this time.

PayBitoPro CEO Speaks on its White-Label Crypto Broker Platform

Blockchain pioneer and chief of PayBitoPro, Raj Chowdhury asserts, “PayBitoPro is extending its white-label crypto broker platform architecture to a Sub-Urban African-based global enterprise. We believe that this partnership will further expand our services and make crypto trading accessible to a larger audience in the region.” He has also recently called out bitcoins meteoric rise as an early Christmas gift for traders

Features of PayBitoPro’s Crypto Broker Platform

PayBitoPro has become a top digital asset exchange platform, with over 1.2 million registered crypto traders. Moreover, with a daily turnover exceeding $1.5 billion. Its advanced blockchain-based crypto broker platform provides a range of trading options. These include Futures, Options, OTC, Basic, Pro, and more, all powered by crypto-forex technology. It consists of cutting-edge security features such as SegWit, multi-fiat and crypto compatibility, 3-point defense architecture, ERC20, hot/cold wallets, database encryption, multi-factor authentication, and other advanced technologies. Furthermore, PayBitoPro ensures a safe and secure trading environment for its users.

Looking Forward

PayBitoPro is ready to assist more enterprises globally in becoming part of the over 420 million crypto holders. With its cutting-edge white-label architecture and comprehensive approach, PayBitoPro remains committed to supporting the growth of the crypto market. Thereafter, increasing its significance in the global crypto community.

 

Source: https://finance.yahoo.com/news/paybito-offers-crypto-broker-platform-080000333.html

Leave a Reply

Your email address will not be published. Required fields are marked *

paybito logo

Download the Mobile Apps

Contact Us

  (Max 120 Character)
  (Max 500 Character)
   

BitcoinBTC/USD

Ether CoinETH/USD

HCX CoinHCX/USD

BCH CoinBCH/USD

LitecoinLTC/USD

EOS CoinEOS/USD

ADA CoinADA/USD

Link CoinLINK/USD

BAT CoinBAT/USD

HBAR CoinHBAR/USD

+
Chat Now
Welcome to Paybito Support