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Crypto Broker Platform, Featured, PayBito, Press Release

PayBito Extends an Invitation to Brokers Worldwide to Start a Crypto Broker Business

PayBito is the world-leading crypto broker platform with pioneer white-label crypto solutions. Entrepreneurs can start earning as a crypto broker without large investments. The platform offers all high-end tools, high liquidity, and pre-defined reports. It aids in creating a crypto broker business immediately.

Why Creating A Sustainable Crypto Broker Business Is Not Simple?

Starting a crypto brokering business has its challenges. But making it a sustainable one is a whole new arena.

  • Regulations and Security

Government imposes several crypto regulations from time to time. These regulations vary between borders too. Thus, the broker should adhere to all these ever-changing regulations. At the same time, security concerns also change with time. New hacks and attacks originate now and then. The broker should have a robust architecture with high-end security features.

  • Banking Relationships And Liquidity

Many traditional banks are not open to working with a crypto brokering business. Thus, creating banking relationships becomes a nightmare. A brand-new crypto brokering business might not have high liquidity either.

  • Cost-factor

AI and ML tools, customer support, server maintenance, and other overheads are expensive. A small-time broker with not have adequate working capital for these.

  • Public Perception

A new brand operating on a small scale might not attract customers. It takes time to earn goodwill and reputation from scratch. Besides, there is a prejudice against crypto businesses and small-scale operations.

Also Read: Crypto Brokerage with a Purpose: Investing in Social Welfare with PayBito

How Can PayBito Alter A Crypto Broker Business?

Raj Chowdhury, PayBito CEO, mentions, “Entry barrier is very high in the brokerage business. This industry relies heavily on advanced technology and intellectual property. A white label platform can ensure entrepreneurial self-sustainability.”

  • Pre-built Solution

PayBito’s white-label solution helps to create a unique crypto exchange. Brokers need not worry about server maintenance, security, customer support, and legal compliance.

  • High Liquidity

PayBito has many active users and a large daily trade volume. It supports many currencies and adheres to regulations. Thus, liquidity is always higher.

  • High Security

It offers DDoS mitigation, 2FA, SSL certificate, and cold wallet storage. It also has a high-secure payment gateway.

  • Instant Business Launch

There are no eligibility criteria for starting a crypto brokering business. The KYC process is quick; one can start a business in three days.

  • Tools And Reports

PayBito allows access to high-end AI and ML tools, market reports, and charting tools. There are several pricing levels in the platform. Each level offers different sets of features.

Creating Sustainability With PayBito

Brokers will have access to high-end resources, liquidity pools, and the global market. Thus, every trader can compete with large competitors too. The platform is scalable and easy to use. There are tutorials and guides for first-time users too. In short, PayBito offers all resources to create a sustainable crypto brokering business.

Brokering World Hunger Away

PayBito’s campaign, ‘Brokering World Hunger Away’, helps brokers become philanthropists. PayBito matches every dollar made by its brokers. This donation is solely from PayBito and not from the broker’s commission cut. As the brokers become more successful, the donations increase. The money goes towards causes feeding starving children.

Wrapping Up

It is hard to start a crypto brokering business from scratch. It requires a significant initial investment. Brokers need a group of experts, constant maintenance, and intensive marketing. PayBito helps to cut these overheads with its white-label solution. It allows small-time entrepreneurs to start a crypto brokering business without significant investments.

Source: https://finance.yahoo.com/news/paybito-invites-brokers-worldwide-start-070000783.html

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