Paybis is an advanced cryptocurrency exchange that allows users to easily acquire Bitcoin and a wide range of other cryptocurrencies online. The main characteristic of this exchange is the possibility for users to buy virtual currencies using credit and debit cards.

The exchange is located in the United Kingdom and it has been operating since 2014 when bitcoin was still under the radar for a large number of users. The firm is located in Edinburgh and it is currently offering solutions to over 300,000 customers.

It is worth taking into account that the exchange has received licenses from the Republic of Estonia Ministry of Economic Affairs and the Financial Crimes Enforcement Network Department of the Treasury, United States of America. Paybis received a “Crypto to Fiat Transaction License” from the first entity and a “Money Service Business Registration” from the second institution.

Paybis Main Characteristics

  • Fast Payouts

Paybis offers a great service with fast payouts that would allow you to have your cryptocurrencies in your wallet almost instantly. Some exchanges require users to provide the platform with more information once they want to extract their funds.

At Paybis, transactions take place immediately and you will only have to wait for network confirmations to see the funds in your account.

  • Great and Competitive Fees

This is a very important thing to take into account for traders. Many investors are constantly trying to obtain profits from their trading in the market and lower fees and a competitive commission scheme would be a great solution for them to increase their performance.

Paybis is currently using a fee scheme in which they add 5% to the credit or debit card transactions. Meanwhile, SEPA Euro transfers include a 1.5% fee. You can see the full list of fees on Paybis official site.

  • Fast Registration:

While many cryptocurrency exchanges require users to wait several days before their accounts are confirmed, Paybis makes the whole registration process very easy and fast. The verification process takes just 5 minutes and it complies with the regulations that apply to cryptocurrency exchanges.

  • Live 24/7 Customer Support

If you need help or information about the platform, your funds or your account, Paybis will be offering fast and live support 24 hours a day 7 days per week.

  • Worldwide Support

The exchange is currently offering support in more than 180 territories and countries in different regions. This would allow a large number of users to start trading digital assets using debit or credit cards.

  • Large Support of Cryptocurrencies

The exchange is currently offering the following digital assets to clients: Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum (ETH), XRP, Stellar (XLM), Binance Coin (BNB), Tron (TRX) and NEO. In the future, new cryptocurrencies could be added to the paltform.

Exchange Interface

As you can see in the image below, the interface is very straightforward, allowing you to acquire digital assets as soon as you enter the site.

Depending on the method you use to acquire cryptocurrencies, there will be different fiat currencies to select from. For example, if you select the debit card option, you will have the possibility to use the following fiat currencies: USD, EUR, CAD, GBP and JPY.

There are currently 7 different methods to acquire cryptocurrencies, including credit and debit cards, Skrill, Neteller, Payeer, Advanced Cash or Bank Transfers. Moreover, if this is your first transaction in the platform, it will be totally for free.

Conclusion

Paybis is a great cryptocurrency exchange that adheres to AML and KYC laws and offers fast and straightforward solutions for users that want to acquire cryptocurrencies. Indeed, the exchange is a great solution for users that want to buy Bitcoin and other virtual currencies.

As we have mentioned in this review, the exchange is regulated by several licenses and it has been operating since 2014 offering services to over 300.000 users from all over the world.