PR Newswire
According to PwC, Singapore is home to 6% of the world’s crypto funds, making it the joint third-ranked country globally, alongside Switzerland and Hong Kong after the UK and the US. As one of Asia’s primary investment banking and asset management centers, Singapore is striving to take a lead role in the fintech industry, particularly in blockchain and cryptocurrency. A Signum survey found that institutional investors in Singapore consider cryptocurrency as a long-term investment, with 75% of respondents intending to increase their crypto holdings in 2022. 61% of investors view Singapore as crypto-friendly, and over 66% plan to increase their allocations for higher returns in the future.
PayBito CEO, and blockchain pioneer, Raj Chowdhury states, “Our mission at PayBito is to empower people and businesses worldwide with fast, secure, and reliable digital asset solutions. As the crypto industry continues to grow, we remain committed to providing innovative and comprehensive solutions to meet the evolving needs of our clients,” said Raj Chowdhury, CEO of PayBito.”
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PayBito has become a popular digital asset exchange platform with over 1.2 million registered crypto traders and a daily turnover of more than $1.5 billion. The platform offers a range of trading options, including Futures, Options, OTC, Basic, Pro, and others, all made possible by incorporating crypto-forex technology. PayBito’s blockchain-based architecture is equipped with advanced security features such as multi-fiat and crypto compatibility, SegWit, ERC20, 3-point defense architecture, multi-factor authentication, hot/cold wallets, database encryption, and other cutting-edge technologies.
PayBito, a leading crypto exchange platform, has introduced its white-label crypto brokerage platform in Singapore, an important move towards promoting mainstream adoption and facilitating crypto trading. PayBito has already established a strong presence in over 26 countries across six continents with its comprehensive suite of crypto solutions, and its commitment to the growth of the crypto market is expected to make it an attractive choice for crypto enthusiasts worldwide.
In a world where cryptocurrency is gaining mainstream acceptance, PayBito’s innovative solutions are empowering businesses and individuals to join the crypto revolution. With its white-label architecture and cutting-edge technology, PayBito is poised to contribute to the growth of the crypto market and become a go-to platform for crypto enthusiasts worldwide.
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