Paybis Review - Everything You Need to Know

Paybis was founded in 2014, and it is a cryptocurrency exchange registered in the United Kingdom. Thanks to the exceptional quality of its services, it is among the best exchanges in Europe. Paybis offers cryptocurrency and digital currency exchange to its customers. It is a versatile platform that offers users a range of payment methods when they want to buy or sell digital assets.

The list of cryptocurrencies offered by Paybis include:

• Bitcoin
• Litecoin
• Bitcoin Cash
• Ethereum
• XRP
• Stellar
• Binance Coin
• Tron
• NEO

You can view a complete up-to-date list of cryptocurrencies here. Paybis supports the following fiat currencies:

• USD
• EUR
• GBP

Payment methods accepted on the platform are Credit Card, debit card, Skrill, Neteller, Payeer, Advanced Cash, SEPA, and Wire transfers.

Paybis Verification Methods

Like other exchanges, you will have to complete a verification process before you can perform transactions on the Paybis platform. The verification process is fast and efficient and should be only 5 minutes or even less. If you have any problems, you should contact Paybis 24/7 Live support.

Depending on your preferred payment method, you may need to upload a valid identification, usually an international passport. If you do not have an international passport, you can use any other form of identification available like a driver's license or national ID card. You'll also need to fill a form with a few KYC details and you should make sure that the details match the content on your ID.

Paybis Deposit Methods

Deposits on Paybis can be done through Credit Cards, Skrill, bank transfers, and more. It all depends on what you want and need. Each payment method has a unique set of requirements but none of them are too difficult to reach. Some payment options may require that you submit a proof of address. This could be a utility bill, bank statement, or anything that has your billing address and full name on it.

Each method comes with a daily and monthly limit. For example, Credit Card purchases must be $20,000 daily and $50,000 monthly. If you want to make major purchases, you should go for the SEPA transfers as you can see in the image it allows the highest identity verification level. You can view the full breakdown of verification and buying limits here.

Paybis Exchange Fees and Discounts

Each time you want to make an exchange, you will be required to pay a fee as commission to Paybis. The rate depends on the cryptocurrency you want to exchange and the currency you're using.

Paybis puts a 5% markup on top of the normal card transaction fee. The cheapest way to buy is using SEPA Euro transfers which have a competitive 1.5% fee.

The fees for other payment methods are:

Skrill: +10%

Neteller: +5%

Payeer: 8.95%

Advanced Cash: 4.95%

USD Wire transfer: 3%

You can find all fees on the Paybis homepage here.

Restricted Jurisdictions

Out of all the places in the United States, only people in New Mexico, New York, Connecticut, Hawaii, and Washington are restricted from using the Paybis platform. Inhabitants of every other state can access the exchange from the comfort of their homes. Outside the United States, there are about 31 countries that don't have access to Paybis you can find out about all of them here.

Paybis Security

Since inception, Paybis has never been involved in any shady business or scandal and it has never been hacked. The security measures on the website are like many other exchanges you will be asked to create a long and strong password when you're opening your account.

 As long as you don't share the password with anybody, your account will be protected. Paybis does not offer wallets on the exchange platform and instead sends the funds to any wallet you indicate during the transaction process. This way, even if the exchange is hacked, there will be no cryptocurrencies missing because none are online.

Customer Support

There is a standby Live customer support team 24/7, that is always ready to answer your questions and help to solve all problems that may accrue. There are several ways to contact Paybis, including UK and US phone support lines. This is great and a step forward of many cryptocurrencies exchanges out there. Email support is also offered, and Skype addresses to contact.

Conclusions

Paybis is one of the best cryptocurrencies exchanges out there. It is safe to use, fast, and it provides great customer support for users. It also has incredibly high monthly limits. This makes it a great option for people who execute large exchanges several times a month. Almost every individual customer review online for this exchange is positive and there is no better person to trust than a satisfied customer. Paybis is very proud of its online reputation, particularly TrustPilot where it maintains a ‘near-perfect’ score from over 6000 reviews.


Overall, while Paybis is expensive to use, you get a well-designed platform with a burgeoning reputation all you have to do now is visit Paybis and see for your self.