Paybis Exchange Review 2023 – Pros, Cons, And More
Paybis Exchange Review 2023: Overall Trust Pilot Rating On Trustpilot Is 4.3.
- Centralized Exchange
- Founded in 2014, with 36 Cryptocurrencies Available.
- Available in 180 Countries and 48 U.S. states.
- 1.5M+ Registered users
Paybis Exchange Review 2023: How Paybis works
Paybis exchange streamlines the registration process to help you start investing quickly. After verification, you can purchase coins and transfer them to your digital wallet.
However, Paybis only supports selling Bitcoin for fiat and doesn’t facilitate the sale of other cryptocurrencies. It aims to provide a niche service of buying crypto with cash rather than being a comprehensive platform for all crypto needs.
This makes it ideal for new investors looking to acquire their first coins and also suitable for experienced investors.
Paybis Exchange Review 2023: Key Features of Paybis Exchange
Paybis is a well-established crypto exchange that has provided an easy and safe platform for trading cryptocurrencies since 2014. The top Paybis features include:
• Accepts Credit/Debit Cards
• Global Coverage
• Referral Program
• FCA License
• Faster KYC Process
• Easy Conversion Calculator
The platform has global coverage, with cryptocurrency trading services available in over 180 countries, except for a few exceptions like New York and Hawaii.
Paybis does not store any funds for security reasons, transferring the funds from the user’s personal crypto wallet mentioned while purchasing crypto coins. The platform offers a referral program that earns users 20% of the fees paid by the referred user, and it is registered and licensed under the FCA.
The KYC process on Paybis is fast and takes less than 15 minutes. The platform also offers an easy-to-use conversion calculator for calculating the cost of buying or selling cryptocurrencies.
Paybis Pros And Cons
Paybis aims to simplify the process of converting fiat currency to crypto for investors, offering a range of popular options such as Bitcoin, Ethereum, Dogecoin, Binance Coin, and more.
Paybis Fees Explained
Paybis fees depend on the payment method and fiat currency used for the transaction. Credit/debit card, bank transfer, Skrill, and Neteller options are available, with fees ranging from 0.99% to 2.59%.
The first transaction fee is free, but network fees apply. Bank transfer, Skrill, and Neteller are only available for EUR and USD transactions.
|Bank Transfer||0.99% for EUR, 1.29% for GBP|
|Skrill||2.49% for EUR, 2.59% for USD|
|Neteller||2.49% for EUR, 2.59% for USD|
Is Paybis Safe?
Paybis is regulated by the FCA and licensed by FinCen, ensuring that your money is safe. The platform uses security measures such as two-factor authentication and data encryption and investigates suspicious coin purchases.
However, since you are responsible for storing your own currency, the safety of your coins depends on your actions. Paybis also offers 24/7 customer service to address any issues.
Accepted Payment Methods by Paybis
Paybis offers a variety of payment methods for buying and selling digital currencies online, such as:
- Credit/debit cards
- Bank transfer
- Wire transfer
Also, users can sell Bitcoin on the platform and receive EUR or USD.
Paybis Exchange Transaction Speed
Paybis’ crypto transaction times vary depending on the payment method:
- Credit/debit card transactions take only 13 minutes.
- Bank transfers take up to 6 days.
- SEPA payment is used for EUR transfers, taking 1-5 business days.
Card payments require ID verification, while bank transfers must be made in USD or EUR.
Paybis Exchange Review Verdict: Paybis is an exceptional crypto exchange that provides access to 36 major cryptocurrencies and supports 47 fiat currencies.
It caters to both beginner and expert traders across different countries. With a transparent fee structure, and robust AML/KYC requirements, Paybis is a secure and reliable option for crypto investors.
• Does Paybis work in the USA?
Paybis takes pride in offering unprecedented coverage around the globe – currently supporting more than 180 countries and territories and 48 US states.
• Can I send Bitcoin from Paybis to another wallet?
First, note that you do not need to buy crypto at Paybis to use our wallet. Just hit the Deposit button to see your public Bitcoin wallet address. You can then use it to transfer BTC from any other wallet.
• Does Paybis accept bank transfers?
Create an account with Paybis, choose bank transfer as your payment method, complete the payment, and wait for your BTC to arrive.
• Does PayPal work with Paybis?
Other payment methods supported by Paybis include PayPal, Western Union, MoneyGram, OKPay, WebMoney, Skrill, Perfect Money, EPay, Yandex Money, Payeer, and Payza.
• Is Paybis trusted?
Since Paybis is absolutely legitimate, regulated under the FCA (Financial Conduct Authority), and licensed with FinCen in the US as an MSB (Money Service Business), it is entirely safe and secure to use for crypto trading.
Paybis Exchange Review 2023: Our take on Paybis
Paybis is a global exchange that connects cryptocurrency buyers and sellers from over 180 countries. It offers a user-friendly interface, various payment options, and 24/7 customer support, but has limited cryptocurrency options and no wallets.
Paybis doesn’t hold your fiat or crypto assets, so you need to set up your own self-custodial crypto wallet. Paybis can be helpful in gaining exposure to crypto, especially for new investors.
What Is Paybis?
Paybis is a UK-based, highly popular crypto exchange designed for experienced traders. Regulated under the FCA, it boasts high limits, instant pay-outs, 24/7 support, and strong security features.
Supporting over 36 major cryptocurrencies, including Bitcoin and Ethereum, Paybis allows users to buy and sell with 47 popular fiat currencies. It also provides additional liquidity services for fintech businesses and supports over 9 languages. With a global reach of over 180 countries, it’s a great choice for many crypto traders.
Disclaimer: Our reviews are not intended to be considered investment advice. So, make sure to do your own research and only invest what you can afford to lose, and remember to