Paybis review
  We currently don't have this product on Finder
- Regulator registration
 - FinCEN
 - Supported assets
 - 88
 - Fiat currencies
 - 47
 
Our verdict
Paybis is a quick and easy way to buy Bitcoin and several other cryptocurrencies with your credit card.
Paybis has a niche that it fills. Its global reach makes it an attractive option for people in regions who may have difficulty accessing cryptocurrency from other sites. Its customer service team is highly responsive to issues, and its ability to communicate in 9 different languages helps support customers further.
Operating as a brokerage instead of a traditional exchange carries some additional positives and negatives. It helps support a more secure platform because the exchange does not handle any of the cryptocurrencies directly. However, the negative to this approach is that it requires users to have a working knowledge and access to their cryptocurrency wallets.
If you are an experienced user who travels a lot and wants access to cryptocurrency or are someone who simply wants to purchase crypto via credit card then Paybis is an option for you. However, due to the high fees, smaller, frequent traders might be better suited to other exchanges.
Pros
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                Global reach (180 countries / 9 languages)
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                24/7 customer service
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                Generous referral/affiliate program
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                Supports credit card deposits
 
Cons
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                No supported crypto pairs
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                Only able to sell Bitcoin
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                High fees for fiat transactions
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                Limited deposit options for non-US/UK/EU customers
 
In this guide
- Our verdict
 - Details
 - Product details
 - Frequently asked questions
 - Your reviews
 
Details
Product details
| Product Name | Paybis | 
| Fiat Currencies | USD, EUR, JPY, GBP, AUD, CAD, CHF, HKD, SGD, SEK & 37 more | 
| Cryptocurrencies | BTC, ETH, XRP, SOL, BNB, DOGE, ADA, TRX, WBTC, LINK & 78 more | 
| Deposit Methods | 
                            
                                Bank transfer Credit card Cryptocurrency Debit card AstroPay  | 
            
| Trading Fee | 0.99 — 2.59% | 
| Deposit Fees | 
                            
                                Bank transfer - 0.99% Credit/Debit card - 2.49% Cryptocurrency - None AstroPay - Fees vary  | 
            
| Withdrawal Fees | 
                            
                                Bank transfer - 0.99% Credit/Debit card - 2.49% Cryptocurrency - None AstroPay - Fees vary  | 
            
Finder ratings for Paybis
| Supported cryptocurrencies | ★★★★★ | 
| Transferring money or assets | ★★★★★ | 
| Fees and costs | ★★★★★ | 
| Ease of use | ★★★★★ | 
| Customer service | ★★★★★ | 
| Trustworthiness/security | ★★★★★ | 
| Overall score | 3 | 
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Finder's editors objectively assess each platform across a spectrum of performance metrics using a system of 1 to 5 stars, which are designed to help you assess a crypto platform's strengths and weaknesses. You can read our full methodology for more information.
Our rating and selection of the best crypto exchanges is based on the same criteria as our annual Crypto Trading Platform Awards, updated by our editorial team throughout the year to reflect changes in the market.
 
What is Paybis?
Paybis is a global cryptocurrency exchange based out of Glasgow, UK with offices in Riga, Latvia. It is a global cryptocurrency exchange that offers its service in over 180 countries and supports 9 different languages, with 80+ coins and tokens supported. The exchange was founded in 2014. Paybis is a good option for users who travel frequently and want access to buy or sell crypto from wherever they are.
Paybis operates as a brokerage for customers. It does not currently have any supported cryptocurrency wallets available on the exchange but it does have plans to implement them. This requires customers to already be familiar with cryptocurrency and understand how to set up and transfer funds to an external wallet.
- If this is your first exchange: Paybis is easy to set up and navigate through the site, but be aware of the high fees associated with fiat transactions.
 - If you're switching exchanges: Paybis is a brokerage, not a traditional crypto exchange. It is for purchasing crypto with fiat. There is no spot market to trade crypto assets and there are no crypto trading pairs, although you can sell Bitcoin in the UK and the US.
 
What to know about Paybis
If you want to use Paybis then you will need to know how external crypto wallets work. Paybis currently operates as a brokerage service for users and doesn't offer wallets on-site. It does have wallets in development for Bitcoin, Ethereum, Binance Coin, Tether, Dogecoin, Polkadot and Cardano.
Customers can currently purchase 88 different cryptocurrencies through Paybis and sell around a dozen coins including Bitcoin, Ethereum, Solana and some stablecoins. Users can deposit in over 40 different fiat currencies through credit /debit, bank transfer, Skrill or Neteller. (Bank transfer, Skrill and Neteller are restricted to USD and EUR.) The global reach and ability to deposit in so many different fiat currencies is a major benefit to using the platform, but users should pay attention to the high fees that are associated with doing so.
Paybis supported cryptocurrencies
There are 80+ cryptocurrencies listed and available for buying on Paybis, including:
- Bitcoin (BTC)
 - Ethereum (ETH)
 - Ripple (XRP)
 - Tether (USDT)
 - Binance Coin (BNB)
 - Cardano (ADA)
 - Polkadot (DOT)
 - Dogecoin (DOGE)
 
Transferring fiat and cryptocurrency with Paybis
The fees associated with depositing fiat onto Paybis create a large barrier for entry. One of the main advantages of Paybis is that it supports 47 different fiat currencies for deposits. However, these currencies carry a high deposit and withdrawal cost – a 0.99%–2.59% transaction fee ("Paybis fee"), as well as a 4.5%–6.99% card processing fee depending on the region. These high fees also carry minimum card processing fees of US$10 (or equivalent). With the exception of USD, GBP and EUR currencies, credit/debit card transactions are the only methods for depositing fiat.
Cryptocurrency deposits also carry a deposit fee of 0.99% as well as the network gas fee.
There are no withdrawal fees as crypto purchases are deposited directly into your external wallet (or the Paybis wallet when support is added).
Paybis fees and costs
Fiat withdraw and deposit fees
| Fee type | Deposit | Withdrawal | 
|---|---|---|
Bank transfer (N/A for AUD deposits)  | 0.99%  | 0.99%  | 
Debit/credit card  | 2.49%  | 2.49%  | 
Processing fee (additional to fees above)  | 4.5%–6.99%  | 4.5%–6.99%  | 
** No transaction fee on your first transaction
Crypto withdraw and deposit fees
| Deposit | Withdrawal | 
|---|---|
0.99%  | 0.99%  | 
What is it like to use Paybis?
Paybis is an easy-to-navigate exchange that has a few programs that help support its users. The exchange does a good job at supporting users who are new to cryptocurrency while also offering incentives to experienced traders.
Does Paybis have good customer support?
Paybis customer support is one of the main strengths of the exchange. The exchange offers 24/7 customer support services that range from a FAQ support portal to a live chat with a customer support agent on the other end. If both of those options fail, they are quick to respond to email queries.
| Support offered | Wait times | |
|---|---|---|
Email: support@paybis.com  | ✅  | <1 hour  | 
Live chat  | ✅  | <10 minutes  | 
Support portal  | ✅  | Instant  | 
List of services on Paybis
Paybis does not offer most of the earning services on other exchanges like staking or farming. However, it does have one of the best referral/affiliate programs among all exchanges.
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One of the main advantages of using Paybis over other exchanges is the ability to make deposits and withdrawals via credit card. Paybis supports Visa and Mastercard payments and the purchases are extremely quick.
However, if this is your preferred method of depositing and withdrawing it should be noted that doing so comes with high fees.
Fee type Deposit Withdrawal Debit/credit card2.49%2.49%Processing fee ((additional to fees above)4.5%–6.99%4.5%–6.99% - 
  
The Paybis referral and affiliate program gives users a 20% commission on all the purchases their referrals make. This is available to be paid out in either fiat or BTC. This referral payout is high compared to most competitors.
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  The registration will ask you to complete the KYC. You will need to fill out this section before you can make a purchase. It includes your mobile phone number, government-issued ID, a selfie and your address. Once completed you need to wait for approval from Paybis which is done within an hour. Then you're ready to start buying crypto.
 
Paybis trust rating
Paybis is a relatively safe platform. The exchange's security benefits from it being a brokerage rather than a traditional exchange. It does not directly hold any cryptocurrency on the platform.
Paybis claims security is one of the pillars of the exchange but it does not offer common practices like 2-factor authentication. The onus of security is on the user to secure their account information.
Past hacks
Paybis has been in operation since 2014. It has experienced no hacks to date.
Security Audits
Paybis is regulated by the UK FCA and the FinCEN department of the Treasury. There have been no security audits of the exchange's security systems.
Insurance
There is no available information on the state of insurance for Paybis.
Signing up on Paybis
Paybis has streamlined the sign-up process to make it quick and easy. To get started the registration page can be accessed by clicking on the green tab below.
Then, the Sign-up tab in the top right of the home screen. The registration can be completed in under five minutes if you have the information ready, and the verification will be approved in less than an hour.
Compare Paybis against other exchanges
Compare other products
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How we picked theseFrequently asked questions
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Yes, Paybis supports customers from Australia.
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Yes. Paybis is registered and licensed to operate in over 180 countries and 48 US states. It is registered through the FinCEN Department of the Treasury in the US.
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Paybis fees vary by purchase type for both deposits and withdrawals. Click here to see the fees.
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Paybis has offices in Glasgow, UK and Riga, Latvia. The headquarters are in Glasgow.
 
Sources
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Finder writers are subject matter experts and use primary sources, in-depth research and interviews with other experts to ensure you're getting accurate, up-to-date information. Articles are fact checked in line with our editorial guidelines.
 
Your reviews
						Tim Falk is a writer for Finder, writing across a diverse range of topics. Over the course of his 15-year writing career, Tim has reported on everything from travel and personal finance to pets and TV soap operas. When he’s not staring at his computer, you can usually find him exploring the great outdoors. See full profile











