PayBito Joins Coinbase, Bitfinex and Kraken in Being the First Few Exchanges to Roll Out SegWit

California based Blockchain company, HashCash Consultants which operates the crypto exchange, PayBito, has rolled out SegWit.

The implementation was completed in March this year. The announcement to the media was made today.

In February this year, Coinbase and Bitfinex, two of the largest cryptocurrency exchanges, rolled out SegWit support.

SegWit, short for Segregated Witness provides Bitcoin investors significantly lower transaction fees and faster transaction speed. SegWit is an important soft fork upgrade to the Bitcoin network which makes transactions secure and efficient.

SegWit allow a transactions to be segregated from the authorization portion and minimizes the size of individual transactions improving the Bitcoin networks total capacity.

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PayBito is a multi-signature cryptocurrency trading platform that uses bank level security features to protect users from hacks.

The platform conducts KYC and AML checks before users can load their wallets for purchase from the app.

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For residents of United States and India, the app supports USD and INR purchases if users have bank accounts in those countries. Global users can trade other crypto assets using Bitcoins as the base currency after going through KYC/AML checks required by their respective jurisdictions.

PayBito offers emerging crypto assets an opportunity to list on the exchange based on potential and merit.

PayBito Product Head, Ishan Roy, said to the media,

"It is interesting to observe how awareness of Cryptocurrency have spread to every corner of the globe. A large section of our customer registrations are happening from African subcontinent, from East European countries and South America."

Additionally, PayBito is offered as a White Label Cryptocurrency Exchange product to companies interested in using the software to run their own exchange.

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 iOS and Android stores, PayBito offers some of the best rates and top-notch security on the planet.

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About HashCash Consultants:
HashCash Consultants started as a Blockchain Consulting Company in California in 2015. Today, HashCash products enable enterprises to move assets and settle payments across borders in real-time using Blockchain Technology. Banks, Corporate Houses, Domestic Payment Networks, FinTech Companies, and Currency Exchanges use the HC Network for Retail Remittances, Corporate Payments, Trade Finance, and Payment Processing. HashCash has 100+ enterprises using its products in 26 countries. Read this here.

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