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José A Rodríguez photo
Valencia, Venezuela
4 Level
1087 Review
776 Karma

Review on PayBito by José A Rodríguez

Revainrating 4 out of 5

A Simple Exchange providing Good and Fast Operations

Cryptocurrency exchanges are in in the top of the most interesting services of the marketplace because they are a way to simplify all the processes that connect crypto to a way of trading to unlock true financial freedom or just become investors.

PayBito is a great exchange service that has become scalable, probably, thanks to the simplicity of usage it provides for users and traders everywhere. It can be used by both individuals and Financial Institutions, and for both the service the company lends is great. I could say that this is due to three main facts that define the company: design, operability, and user's safety. Trading on it, is perhaps, one of the most exciting trips a user can take into the ecosystem.

Nevertheless, everything's good with this company, and the main reasons for goings against it are because of is limited cryptocurrency acceptance. Nowadays, the service offers available for no more than 5 cryptocurrencies that are in fact in the first top of the market, but just that. Because of this, the service has lost a consistent audience and rating since their lots of users who are looking for trading another type of tokens includes those from the more scalable companies of today.

However, PayBito is still a service I truly recommend. During months I've seen how many new crypto-traders are looking for different networks to trade just the basic tokens with more power in the market, and certainly, this company can be the ideal for them.



Pros
  • The services work fastly and provide a guide that requires a few minutes to be assessed and start trading.
  • It permits to enter deposits in fiat to buy cryptos that can be later traded in the great exchange community.
  • It has an available mobile app that is also updated in the same way as the main platform. It works with great operability.
  • All transactions are secure and private. Users can read the safety parameters given by the company.
Cons
  • It has a limited cryptocurrency acceptance. There are little tokens available on the platform.
  • The company needs to update the current policies, and improve its offers to have a more complete exchange service.