Indian BeehivenewsPR Newswire

PayBito Recognized as the Only Exchange in India to Support INR

PALO ALTO, Calif., Aug. 19, 2020 /PRNewswire-PRWeb/ — Leading global cryptocurrency exchange PayBito has been recognized as the only trading platform in India to support INR deposit and withdrawal, making trading easy and accessible to the users in the region. Based in the USA, PayBito is one of the first global exchanges to launch trading operations in India, after the country’s apex judiciary body Supreme Court lifted the two-year ban on cryptocurrency trading. It is the first and only among other exchanges operating in the region to offer INR support.

“Still an emerging crypto market, India has displayed great potential to become one of the frontrunners in the mass adoption of digital assets. Post ban lift, the region has been buzzing with crypto trading activities and we are optimistic about the growth of the crypto industry here. Introducing INR as one of the base currencies was a logical move as it simplified the trading activities for the users. Since we are the only ones offering INR support, the response from traders from the get-go has been remarkable,” commented Raj Chowdhury, Managing Director of Paybito.

PayBito has a host of contributing features that makes it one of the top exchanges in the world. Owing to its global reach and extensive crypto portfolio paired with advanced trading tools and security protocols, PayBito is known to offer the best prices and experiences consistent surges in trading volume. Its seamless connectivity with other global crypto exchanges ensures a high liquidity volume of trading pairs. Along with INR the exchange supports all major fiat currencies and enables easy on/off ramp transaction of the same.

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