Pros
Cons
Quick Summary
| Headquarters Location | Warsaw, Poland |
|---|---|
| Fiat Currencies Supported | USD, AUD, GBP, CAD, EUR + 41 others |
| Total Supported Cryptocurrencies | 88+ |
| Trading Fees | 0.10% - 1% |
| Deposit Methods | Bank Transfer, Debit Card, Credit Card, Cryptocurrency, Apple Pay, Google Pay, Skrill, Neteller, Astropay, WebPay |
| Support | Facebook, Twitter, Instagram, Live Chat, Help Center Articles, Support Ticket |
| Mobile App | Yes - iOS, Android |
Welcome to our review of Paybis, an emerging cryptocurrency exchange platform. In this article, we delve deep into what makes it special as well as potential areas for improvement.
Welcome to our in-depth exploration of Paybis, an up-and-coming cryptocurrency exchange which has made waves in the digital currency landscape. In this section we aim to shed light on Paybis’ broader context, while tracing its growth within an industry marked by rapid changes and innovations.
As we investigate Paybis more closely, its journey reflects the evolving cryptocurrency space, where adaptability and customer focus are vital elements of success.
About Paybis
Paybis entered the cryptocurrency space with the aim of creating an accessible platform for buying and selling various digital currencies. Led by Konstantin Vasilenko and Arturs Markevics, Paybis quickly grew rapidly by providing users with simple access solutions from anywhere worldwide.
Paybis has striven for decades to become an accessible gateway for individuals entering the cryptocurrency space.
Paybis has achieved many significant industry milestones since its creation, adapting to the ever-evolving cryptocurrency market and adapting accordingly. Since establishing their exchange, Paybis has witnessed first-hand how digital currencies have integrated themselves into mainstream finance while facing regulatory hurdles that accompany this phenomenon.
Paybis’ journey demonstrates the perseverance necessary for success in such an uncertain market. From 2017’s crypto boom to growing institutional investor interest, Paybis has always responded to client needs by adapting services accordingly – adapting its services for both experienced investors as well as beginners in crypto.
Konstantin Vasilenko and Arturs Markevics have guided Paybis through these challenging times to ensure it remains an important player in the market.
Paybis has a number of active social profiles including Facebook, Twitter, Instagram, LinkedIn, Reddit, TikTok and YouTube.
Paybis has a mobile app on both the Apple App Store and Google Play.
Paybis Supported Cryptocurrencies
Paybis supports trading on over 88 cryptocurrencies on their platform. This exchange currently supports 17 of the top 30 market cap cryptocurrencies.
View all cryptocurrencies Paybis supports
- AAVE
- ACH
- ADA
- AGIX
- AMP
- ANKR
- APE
- AUDIO
- AVAXC
- AXS
- BAT
- BCH
- BICO
- BNB
- BNBSC
- BNX
- BTC
- CAKE
- CELO
- CELR
- CHZ
- COMP
- CRV
- CVX
- DAI
- DOGE
- DOT
- DYDX
- ENJ
- ENS
- ETH
- FET
- FLUX
- FTM
- FXS
- GLM
- GNO
- GTC
- HOT
- ILV
- IMX
- JASMY
- KNC
- LDO
- LINK
- LPT
- LTC
- MASK
- MATIC-POLYGON
- MC
- MKR
- NEXO
- NMR
- OCEAN
- OMG
- ONEINCH
- ONT
- PERP
- PLA
- PUNDIX
- QNT
- RNDR
- RPL
- SAND
- SHIB
- SKL
- SOL
- SSV
- STG
- STORJ
- SUSHI
- SXP
- SYN
- T
- TRX
- TWT
- UNI
- USDC
- USDT
- USDT-TRC20
- WBTC
- WOO
- XEC
- XLM
- XRP
- XTZ
- YFI
- ZIL
Trading Experience
Paybis was designed with both novice and experienced traders in mind, providing an intuitive exchange screen, user-friendly mobile apps, as well as numerous tools and features designed to ensure smooth trading experiences.
No matter if it is a card transaction or bank transfer, users can navigate them seamlessly.
Paybis platform offers traders of all levels an enjoyable yet professional trading experience. The exchange has tailored its offering to meet the diverse needs of its user base – even experienced traders seeking advanced tools for their strategies.
Paybis provides an outstanding trading experience through its seamless combination of user accessibility and advanced functionality, offering an ideal environment for efficiently managing digital assets. As the cryptocurrency trading space matures, Paybis continues to advance its platform so as to meet today’s crypto trader expectations.
Paybis Fees
Paybis’ fee structure reveals an accessible and reasonable approach. While specific numbers aren’t provided here, users can expect an approach aligned with industry standards, which includes transaction fees, service fees and payment processing costs.
The exchange aims to strike a balance between competitiveness and profitability.
Paybis provides a fee structure that emphasizes fair pricing while still being financially sustainable, accommodating various transactions ranging from card purchases and bank transfers while eliminating hidden costs that might turn users away.
Paybis’ fee structure strikes a delicate balance that attempts to reflect the value provided to its users through reliable transaction processing.
| Type | Fee |
|---|---|
| Deposit Fee (Bank Transfer) | €0.10 EUR |
| Deposit Fee (Credit/Debit Card) | 2.49% |
| Trading Fee | 0.10% - 1% |
| Withdrawal Fee (Bank Transfer) | 0% |
Paybis supports a range of different cryptocurrencies with varying withdrawal fees. When looking at Bitcoin, they don't charge anything above the standard Bitcoin network fee. Across all the crypto exchanges we've reviewed, the average Bitcoin transaction fee charged is 0.000463 BTC compared to the actual network fee of 0.000212 BTC. This means you are saving 54.22% on Bitcoin transactions by using Paybis instead of other exchanges.
Security - Is Paybis Safe?
Security and regulation in the crypto industry are of utmost importance, and Paybis appears to take them seriously. Their exchange employs stringent verification processes in order to combat money laundering while guaranteeing user funds’ safety.
Cold storage and email verification demonstrate their commitment to creating a secure environment for crypto transactions.
Paybis takes safeguarding user assets seriously as an essential aspect of its service, employing multifaceted security measures such as two-factor authentication, SSL encryption and continuous monitoring of operations to provide peace of mind to their clients.
Paybis ensures a seamless user journey by offering an identity verification process, which serves to prevent fraud and demonstrate our dedication to regulatory compliance. With cold storage solutions integrated, Paybis reduces risks related to unintended access of digital assets for greater peace of mind for its users.
Security protocols at the exchange are continuously enhanced to stay ahead of emerging threats and foster an active approach towards an ever-evolving cyber landscape.
Paybis Customer Support
Customer service is at the core of any successful platform, and Paybis understands this well. They offer responsive support through multiple channels such as email and their robust referral program.
By providing users with the assistance they require, a positive reputation in the cryptocurrency space is established.
Customer support is the cornerstone of any service-oriented platform, and Paybis has established an outstanding customer support ethos designed to exceed user expectations. Their support team has been trained to manage inquiries efficiently yet compassionately so as to address users’ issues promptly and with care.
Paybis support services are designed to offer timely resolutions and guidance, building trust among its user community while creating loyalty among subscribers. Their focus on responsive customer care sets Paybis apart as a user-centric exchange.
Paybis Support Channels
How to Sign Up on Paybis
- Create Account - Visit the Paybis website and fill out the create account form. You'll need to include a valid email, set your password and type in other details like your phone number and name.
- Verify Account - Confirm your email, you should get an email asking you to verify your account creation.
- Transferring Funds - Once your account has been verified, you'll be able to deposit using the deposit methods listed below.
- Start Trading Crypto - That's it! You should now have everything in place to start trading.
Deposit Methods
Paybis Alternatives
Binance
Total Supported Cryptocurrencies
386+
Trading Fees
0.10%
Fiat Currencies Supported
USD, GBP, CAD, EUR, NZD + 75 others
Kraken
Total Supported Cryptocurrencies
244+
Trading Fees
0.08% - 0.40%
Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR + 1 other
OKX
Total Supported Cryptocurrencies
320+
Trading Fees
0.08% - 0.10%
Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR, NZD + 85 others
Final Thoughts
Paybis stands out as an exchange worth considering for those looking to enter the cryptocurrency market. Their commitment to streamlining buying processes and providing secure wallets makes Paybis an invaluable platform that is worth checking out.
Paybis FAQs
Yes, Paybis is accessible to users in Australia. It allows Australian residents to engage in transactions involving cryptocurrencies and fiat currencies, providing a platform for buying and selling digital assets.
If you encounter an issue with a transaction on Paybis, you should contact their customer service to request a refund or resolve the problem. The specific outcome will depend on the nature of the issue, the process, and the applicable terms of service.
Paybis does support bank transfers as a payment method for transactions. Users can typically use this method to purchase cryptocurrencies on the platform, but they should verify the availability and process specific to their region.
Paybis requires users to go through an ID verification process to comply with regulatory standards and to enhance the security of the platform. This process is a part of their effort to prevent fraud and money laundering within the industry.
The minimum amount for transactions on Paybis can vary depending on the payment method and the currencies involved. Users should refer to Paybis’s fee structure and terms of service for detailed information on minimum transaction amounts.
Users can withdraw Bitcoin from Paybis to their personal wallet. It’s essential to ensure that the wallet address is correct, as transactions in the Bitcoin network are irreversible.
Paybis may charge a withdrawal fee for processing transactions, which can vary depending on the payment method and the type of currency being withdrawn. Users should review the fee structure on Paybis’s platform for specific details.
The amount of Bitcoin you can buy on Paybis depends on various factors such as transaction limits, verification level, and payment method. Users should consult Paybis’s limits and guidelines to determine the maximum amount of Bitcoin they can purchase.
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Methodology
At Crypto Head we use a rigorous research and rating process to assess each platform. Our star rating system is out of 5 stars and is designed to condense a large amount of information into an easy-to-understand format. You can read our full methodology and rating system for more details.
About The Authors
James Page, previously the lead writer at Crypto Head and a registered psychologist, brings a unique perspective to the world of blockchain and cryptocurrency.
His extensive experience in the industry and ability to present complex concepts in an understandable manner make his articles a valuable resource for readers seeking to navigate the ever-evolving crypto landscape.
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Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.
His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential.
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