PayBito Observes High Traffic For Its Custodial Service; Comparable with its Exchange Service – QNT Press Release

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PALO ALTO, Calif., Feb. 16, 2022 /PRNewswire-PRWeb/ — Global digital asset exchange PayBito announces an all-time high number of seekers of its customer service. This number has increased a notable 42.5 % since the beginning of the last quarter of 2021.

Cryptocurrency custody solutions may be defined as third-party providers of secure storage services for cryptocurrencies. Their services are mainly for institutional investors, who hold large amounts of cryptocurrencies. The PayBito custody solutions incorporate a combination of hot storage, or crypto custody connected to the Internet, and cold storage, or crypto custody that operates offline or disconnected from the Internet.

The massive rise of cryptocurrency in 2021 is followed through this year, an instance of which translates to the overall high number of wallet and…

Full story available on Benzinga.com

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