PALO ALTO, Calif., June 23, 2020 /PRNewswire-PRWeb/ -- It's been a while since the USA based crypto exchange PayBito has been expanding its portfolio of cryptocurrencies to enhance the trading experience of the users. The latest to get listed under the leading global trading platform is Basic Attention Token or BAT. This presents the traders with an extensive crypto portfolio, allowing them to diversify their trading activity.
With its global presence, PayBito has users from all over the world who trade regularly on the platform, owing to its offering of competitive prices The exchange keeps upgrading itself, adding new and advanced features, and prominent cryptocurrencies so that traders have an all-in-one trading experience, with a chance to expand their digital assets portfolio as well.
"Crypto is a booming industry and has shown promising results of growth even amidst the pandemic and global economic downturn. We felt it would be the best time to upgrade coin offerings to offer more options to our users so that they can have a great trading experience", commented Raj Chowdhury, Managing Director, PayBito Exchange.
- A Brief Overview of Basic Attention Token (BAT):
The Basic Attention Token, abbreviated as BAT was created by the JavaScript's creator and co-founder of Mozilla, Brendan Eich. Built on Ethereum blockchain, BAT is an open-source and decentralized utility token and an advertising exchange initiative, that is integrated into the web browser Brave, which is designed to block malware and trackers. It is a one-of-a-kind utility token. The creators of BAT aim to extend it to other, more mainstream web-browsers.
BAT was created to eliminate third-party intermediaries involved in digital advertising and ultimately eradicate fraudulent activities. The initial coin offering of the token happened in 2017. It was an ERC-20 token. BAT was able to raise $35 million in less than 30 secs of the ICO, marking a major success in its first appearance. It also received around $7 million as investment from various venture capital enterprises.
Since its inception, BAT has been holding a comfortable position in the coin ranking. Its USP is its myriad uses, which garners interest from different kinds of traders.
- PayBito's Coin Listing Regulations:
PayBito comes with impressive architecture and interface that promises scalability, smoot trading, and enhanced security to all its traders. The platform has a stringent set of guidelines that it follows while adding any cryptocurrency to its exchange, to ensure transparency and safety to the users.
The USA based exchange has its specialized team of experts who conduct detailed scrutiny and analysis of the tokens. Various factors such as credibility and the functionality of the underlying technology of each token influence the choice. The existence of skilled engineers and developers behind the coin is recommended. There has to be a whitepaper with all details concerning the coin.
- About PayBito:
PayBito is a leading cryptocurrency asset trading platform operating globally. The platform is designed and managed by a team with rich experience in Banking security systems, Cryptocurrency trading, and Blockchain technology. Available in the web version as well as in iOS and Android stores. PayBito services include white label cryptocurrency exchange, white label payment gateway, exchange affiliate, and coin listing. PayBito offers some of the best rates and top-notch security in the crypto world.
SOURCE PayBito
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