Description
About Paybis
Paybis is a trusted cryptocurrency exchange platform founded in 2014 that makes it easy for individuals to enter the crypto space. With support for over 40 cryptocurrencies including Bitcoin, Ethereum, USDT, XRP, Litecoin, and Solana, Paybis offers a full suite of digital asset services.
Key Services
- Buy Crypto — Purchase Bitcoin and other cryptocurrencies instantly using credit cards, debit cards, Apple Pay, Google Pay, PayPal, Skrill, Neteller, and bank transfers
- Sell Crypto — Convert your crypto back to fiat currency and withdraw to your bank account or preferred payment method
- Swap Crypto — Exchange between different cryptocurrencies quickly and easily
- Built-in Wallet — Store, send, and receive crypto directly in the Paybis wallet at no extra cost
- Global Reach — Available in over 180 countries with support for 65+ fiat currencies
Why Paybis
- Instant transactions with verification in under 2 minutes
- Up to $1,000 in purchases without full verification
- Regulated in the US (FinCEN MSB), Canada (FINTRAC MSB), and EU (MiCA/PSD2)
- 24/7 customer support
- Mobile apps for iOS and Android with an intuitive interface
- Available in 180+ countries worldwide
- Fast security checks with a simple and user-friendly buying process
Highlights
Pros
- Offers 24/7 live chat and email customer support with under 2-minute wait times and multilingual coverage in 20+ languages.
- Verification is completed in under 2 minutes, with up to $1,000 in purchases allowed without full KYC for most regions.
- Registered with FinCEN (US), FINTRAC (Canada), and MiCA/PSD2 (EU), operating under multiple financial regulatory licenses.
- Operated since 2014 with over $2 billion in transaction volume processed and no known security breach in its history.
- Reaches 180+ countries with 80+ cryptocurrencies and 48+ fiat currencies, supporting payments via cards, PayPal, Skrill, Apple Pay, Google Pay, and bank transfers.
Cons
- Sell-side support is limited to only 9 cryptocurrencies (BTC, ETH, USDC, USDT, ADA, DOGE, SOL, MATIC, LTC), while 80+ coins are available to buy.
- Transaction fees are higher than competitors — approximately 8% for credit/debit card purchases versus ~4% on major exchanges like Binance.
- The custodial wallet means users do not control their private keys, and the platform lacks Google Authenticator 2FA and withdrawal whitelists — below industry security standards.
- Lacks advanced trading features such as order books, charts, margin/futures, staking, copy trading, or API access — unsuitable for active traders.
- Not available in New York, Hawaii, or Louisiana, and some other US states face restrictions on specific coins like BNB and TRX.