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Pedro O. Alvino M. photo
Venezuela
5 Level
886 Review
1576.5 Karma

Review on PayBito by Pedro O. Alvino M.

Revainrating 4 out of 5

Exchange based in the United States.

PayBito exchange launched in mid-2018, is established in the US, and is recognized worldwide according to electronic commerce and cryptocurrency exchange services.
It supports the main cryptocurrencies on the market and numerous exchange pairs, it also provides a mobile app available for Android and IOS and a FIX API aimed at commercial institutions that is the only custom application for simultaneous connection with numerous channels, and at the same time allows traders run the algorithms on their own computer.
Currently, the exchange has plans to expand the list of cryptocurrencies, so the adoption of the exchange and the downloading of its mobile app may increase in the near future.



Pros
  • It is one of the cryptocurrency exchanges in India that offers such a diverse portfolio of crypto assets.
  • It has a mobile application for both Android and IOS.
  • Provides various security methods, including two-factor authentication and multiple signatures
  • Offers a FIX API exclusively to institutional traders that supports version 4.4 of the FIX protocol.
  • It does not have an order limit and transaction processing
Cons
  • Few currencies supported
  • Relatively high withdrawal fees, in addition to adding an additional percentage cost.