Key Takeaways
- Paybis is a platform that allows users to buy and sell cryptocurrencies like Bitcoin, Ethereum, and other digital assets.
- The platform supports multiple fiat currencies, making it accessible to many users.
- Paybis is designed to be user-friendly, making it accessible to beginners and experienced traders.
There are several crypto platforms available to purchase Bitcoin (BTC) or other digital currencies. However, it is not easy to find a platform that is easy to use and offers a wide range of services. Paybis is the exception.
This is a cryptocurrency exchange that makes the whole crypto purchasing experience much easier than traditional platforms. Thus, users can buy Bitcoin with debit or credit cards in local currency.
In the following sections, we explain why Paybis is one of the best platforms for getting exposure to the cryptocurrency market.
Also Read: An Interview With Konstantins Vasilenko, The Co-Founder And CIO Of Paybis
What Is Paybis?
Paybis is a cryptocurrency exchange that makes it easy and fast to buy Bitcoin and other cryptocurrencies. This platform’s main advantage is its interface and payment methods.
Users can buy Bitcoin using credit or debit cards and other payment methods available in different jurisdictions. Additionally, it supports several currencies, which is very useful for individuals who do not have a trusted local exchange.
At the moment, more than 180 countries are supported, making it one of the crypto platforms with the most extensive presence around the world. Furthermore, it has been registered as a Money Service Business in the United States, which few companies are able to obtain.
The platform considers itself to be the simplest way to buy Bitcoin instantly. The whole transaction could take just a few minutes! Users only have to enter their wallet address after deciding how much Bitcoin they want to buy. Then, the transaction would take place in minutes.
Finally, you do not have to share your private information with other exchanges requiring additional data. Thus, Paybis is easier, faster, and more secure as you don’t have to share your private data.
Features
Paybis is known for being a versatile cryptocurrency exchange that focuses on user-friendliness. However, this is not the only feature of this crypto platform. For example, they also offer investors the possibility to buy Bitcoin and virtual currencies for very low commissions. That makes it more convenient for users who want to buy BTC fast but also at a good price.
As soon as you enter the site, you can buy Bitcoin with your local currency using a debit or credit card. You just need to select the amount you want to spend, and the funds will be directly sent to your wallet after you press the “Buy Bitcoin button.” In this menu, you can also select the payment method and the digital asset you want to purchase.
Furthermore, they have fast security checks, meaning you won’t have to spend long hours adding private information. Other features include industry-leading security, instant payouts, and worldwide access.
Coins Supported
Many coins are supported on the platform, making it a handy platform for building a diversified portfolio. Users can buy Bitcoin (BTC), Dogecoin (DOGE), Binance Coin (BNB), Tether (USDT), Ethereum (ETH), Litecoin (LTC), USD Coin (USDC), Chainlink (LINK), and dozens of other coins.
The positive thing is that they also make it possible for users to receive not only BNB or USDT for a single blockchain network, but they also let you select on top of which network you want the coins. For example, you could select from BNB (BEP20) or BNB (BEP2). The same happens with Tether; you can receive USDT (ERC20) or USDT (TRC20).
Another thing worth mentioning is that Paybis does not only focus on the largest cryptocurrencies in the market; they also offer users some smaller coins such as Kyber Network Crystal (KNC), The Sandbox (SAND), Numeraire (NMR), and many others. This is usually useful for users searching for smaller coins that could potentially add high gains to their portfolios.
New coins will surely be added in the future, making it easier for investors to gain exposure to new and different virtual currencies.
Due to its simplicity, the platform has already transacted more than $500,000,000 in cryptocurrencies!
Customer Support
Another thing worth mentioning is that the platform has very good customer support!
Trustpilot shows that it has an Excellent (4.0) rating, mainly due to its good customer support. Additionally, they offer a wide range of ways to contact them, including an email address, a live chat, and even a support portal. The company currently has more than 23,000 reviews on Trustpilot, which is a good result for a crypto exchange.
One thing that it does differently than other exchanges is that it has different email accounts depending on your inquiry. This allows users to solve their problems as soon as possible.
Having a reliable customer support team is definitely important. Crypto platforms are usually attacked because they lack a functioning customer support team. Despite that, Paybis shows that it is possible to answer the doubts and needs of most users by implementing an intelligent strategy.
Users who do not know how to buy virtual currencies can do so by using the FAQ section available on the platform. In this way, users will have all their doubts solved about how to handle payments on Paybis.
Their support team is also available 24/7.
Payment Methods
When buying and selling cryptocurrencies, we sometimes face some issues. Specifically, investors need help finding the payment methods they want to purchase Bitcoin and other virtual currencies. But things are different with Paybis.
The company accepts a wide range of fiat currencies and different payment methods. At the time of writing, 46 different currencies are accepted, meaning that individuals can purchase Bitcoin and other virtual currencies from almost every country.
Additionally, they support debit and credit cards, as well as Skrill, Neteller, and bank transfers. However, these are only available for users who purchase virtual currencies with USD, EUR, or GBP (GBP is only available for Bank Transfers and credit or debit cards).
Users who have Bitcoin and would like to purchase other virtual currencies can also do so, meaning they can pay with BTC and receive other digital currencies.
Is Paybis Secure?
Security is one of the most important topics in the cryptocurrency market. We have heard how different exchanges have been hacked for several millions of dollars. Paybis knows this, so they have decided to offer high-security standards to users.
The platform makes it fast and easy to buy Bitcoin with credit and debit cards, and it is extremely secure. Additionally, Paybis has deployed a unique system that always protects your data when using the website.
Paybis is also registered with relevant authorities, such as the UK’s Financial Conduct Authority (FCA) and the US Financial Crimes Enforcement Network (FinCEN).
Furthermore, when you purchase Bitcoin through Paybis, the BTC does not remain stored on the platform. That means that you would only send the BTC (or any other virtual currency) to your wallet address (you can only access it). Thus, buying and selling virtual currencies using Paybis is highly secure.
How To Use Paybis?
Here’s a general overview of how the Paybis platform works:
Create A Free Account On Paybis
To buy crypto with a debit or credit card, you must create an account on Paybis. This is entirely free and only takes a few moments. All you need is a valid email address and a phone number.
Depending on your location, payment mode, and cryptocurrency amount you are trying to buy, you may be asked to complete a quick KYC (Know Your Customer) process. Notably, their support team is always on standby to assist you, and the entire process is usually finished within five minutes!
Enter Your Preferred Amount In BTC Or Local Currency
The next step is to decide how much Bitcoin (BTC) you want to buy. You can enter the amount in BTC or choose how much of your local currency you want to spend, and the corresponding BTC amount is instantly calculated. Paybis currently supports 46 fiat currencies and has plans to include more in the future.
The amount to be paid already includes the network and service fees, and your transactions have no hidden costs. What you see is what you get!
Choose A Preferred Wallet
You need a wallet that is compatible with receiving your Bitcoins. You can choose a non-custodial Bitcoin wallet to receive and store your BTC. However, you will have to familiarize yourself with concepts like public address, seed phrase, and best practices of wallet security.
If you plan to use Paybis’s custodial wallet, you can bypass all of that learning curve. Just sign in, and you can access your crypto assets from anywhere worldwide!
Complete The Transaction And Receive Your BTC Instantly
To complete your Bitcoin purchase, provide your credit or debit card details (card number, name on card, and three-digit security code).
Paybis also offers several other payment methods for purchasing Bitcoins, such as Apple Pay, Google Pay, Skrill, and PIX.
Once your transaction goes through, you will get your Bitcoins in a few minutes!
Final Thoughts
Paybis is one of the best platforms for buying and selling virtual currencies thanks to its wide range of payment methods and easy-to-use interface. Moreover, users who face problems with the platform can always find a customer support agent who is ready to help. Paybis is becoming a secure and simple-to-use alternative to crypto exchanges, which are becoming more difficult and complex.
