Review on PayBito by Douglas Cachazo
PayBito: Exchange brokerage
Company founded in 2017 and is based in The United States, country from where it regulates its operations, it is presented to us as a simple exchange with few options that allows you to operate with the main cryptocurrencies,
Its greatest strength is to operate with Bitcoin and that is where it is presented with greater liquidity, its main functionalities are the basic ones of any exchange, margin and futures trading, ability to view the form of the exchange without accessing your account. It also has an attractive affiliate plan, find potential affiliates among your friends or social networks and earn money for it.
Something that I found good is that the rules for exchanges are well established as far as commissions are concerned, there is a very clear table with all the rates where the limits and commission percentages are clearly reflected.
It seems to me more than an exchange a broker of exchanges as it presents a function with advanced technology in which you can operate in other exchanges associated or accepted from the Paybito platform, for this it has an algorithm capable of interacting with compatible exchanges such as Kucoin, Bittrex, Binance, Gemini, Huobi global, Coinbase, Bibox, Ktaken, Okex, Bitfinex and others, it has a mode to operate in simulated mode, although I have not had the opportunity to operate in real mode with this robot or algorithm I have no doubt it is a good tool.
Pros
- Safe trading and no bad incidences reported.
- Good liquidity to trade with the main cryptocurrencies.
- Robot to trade with the best exchanges on the market
- Good affiliate program
Cons
- Small number of cryptocurrencies to trade
- Should offer more features
