Yay or nay?

Discover what the internet is saying about Paybis.

Upgraded Reviews scanned the web to find out what real users are saying about Paybis.

See the highlights below and decide for yourself!

Pros and Cons

Table of contents

✅ Pros

“No-nonsense, user friendly interface with extremely lean functionality for those who only want to buy crypto.”
Review Pros
“It is a great resource for crypto education.”
“It lists 36 cryptocurrencies.”
“Over 40 different fiat currencies are supported.”
“It allows full control of your crypto in your own wallet.”
“Minimum purchase amount is $5 or EUR 5.”
“It has a quick verification process.”
“Various payment methods are available.”
“It has functional and easy-to-use proprietary platforms for cryptocurrency trading.”
“It has solid reputation.”
“It has an easy to navigate interface.”
“It has a transparent fee system.”
“It has got 5-star rating on Trustpilot.”
“It offers services both for private users and businesses.”
“Over 80 cryptocurrencies are supported.”
“Paybis supports various e-wallets, including Skrill and Neteller, for both deposits and withdrawals.”
“There are very few Bitcoin exchanges in the market that accept payments through credit or debit cards, and Paybis is one of them.”
“Paybis has excellent customer support.”
“Variety of payment methods are accepted.”
“There are no hidden fees.”
“Round-the-clock and highly responsive customer support is available.”
“It allows super-fast purchase of many cryptocurrencies.”
“It is well-regulated by multiple and reputable regulatory bodies including FinTRAC.”
“It has a partnership program with an unlimited period of paying rewards for referees’ trades.”
“Simple sign up and ID verification can be done in 15 minutes.”
“It accepts different types of transactions for fiat-to-crypto trading.”
“API is available for third parties that want to use Paybis to handle crypto transactions for their customers.”
“Paybis provides 24/7 customer support through live chat and email.”
“Paybis has simple and fast registration process.”
“Wide range of payment methods are accepted.”
“It is a reliable and licensed exchange.”
“Multiple fiat currencies are supported.”
“One of the primary services offered by Paybis is the ability to purchase cryptocurrencies using fiat currencies.”
“It charges low fees when buying or selling crypto.”
“Paybis is registered with regulatory authorities such as FinCEN in the US and Canada’s FINTRAC.”
“180+ countries and 48 US states are supported.”
“24/7 multilingual customer support is available.”
“Paybis supprots secure transactions and is registered in both the US and the UK.”
“Paybis offers a specialized service for instant Bitcoin purchases.”
“It offers fast verification procedure and transactions.”
“Referring someone to the Paybis platform earns 20% of the fees they pay.”
“Paybis is known for its intuitive interface that caters to both novice and experienced traders.”
“It offers a high level of security.”
“It helps in lightning-fast crypto purchase with instant payout.”
“In addition to buying cryptocurrencies, Paybis allows users to sell their digital assets and convert them back into fiat currencies.”
“It offers user-friendly website interface.”
“Most major coins are supported.”
“It gives you the ability to sell Bitcoin from your wallet for fiat currency.”
“Five deposit methods are available.”
“It has user-friendly interface.”
“24/7 customer support is available.”
“Around 50 fiat currencies are available.”
“Paybis does not store any funds for security reasons.”
“This platform is one of the few that provide cryptocurrency trading services in over 180 countries, including 48 US states.”
“It supports over 80 cryptocurrencies, including major cryptos like Bitcoin and Ethereum.”
“It has transparent fee structure.”
“Multiple payment options are available.”
“It has trusted reputation since 2014.”
“The KYC process on Paybis does not take more than 15 minutes.”
“Paybis offers a simple and intuitive platform.”
“Quality educational information is available.”
“It is very simple to use.”
“It has a very simple and easy to use interface.”
“Various deposit methods are available.”
“Paybis is super easy to use.”
“Paybis offers a custodial wallet that allows users to manage multiple cryptocurrencies within a single wallet.”
“Paybis has excellent customer support.”
“24/7 customer support is available.”
“The platform supports a wide range of payment methods.”
“Paybis supports over 60 fiat currencies worldwide, including USD, EUR, JPY and GBP.”
“It supports a wide range of cryptocurrencies.”

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❌ Cons

“There is no possibility to buy cryptocurrencies for other digital currencies.”
“Users can only sell Bitcoin.”
“Customer support can be slow to respond.”
“You can only sell BTC.”
“A limited selection of crypto is available.”
“Crypto availability can be limited based on location.”
“Smaller variety of coins is listed than large exchanges.”
“It charges higher trading fees.”
“It has higher fees.”
“Paybis has limited currency selection compared to other exchanges.”
“There is limited number of supported crypto assets.”
“It has fewer cryptocurrency options.”
“Due to regulatory considerations, Paybis does not offer services to residents of New York, Hawaii, and Louisiana.”
“There are no supported crypto pairs.”
“It has restricted countries and US states.”
“Fees can be high depending on payment method.”
“Paybis focuses on buying and selling cryptocurrencies but does not support crypto trading.”
“Fewer cryptocurrencies are supported as compared to other platforms.”
“There is no native mobile app.”
“Users can only sell 10 cryptocurrencies.”
“While Paybis allows users to buy 80 different cryptocurrencies, cashing out is limited to just a handful.”
“There are no trading pairs besides Bitcoin for other crypto.”
“It charges higher fees than some major exchanges.”
“Limited trading tools are available.”
“There is no built-in wallet.”

⚖️ Final Say

Read the summaries of what reviewers think about Paybis below.

Review Summaries
“This cryptocurrency exchange is a good fit for investors who want to exchange their fiat currency for major cryptocurrencies easily.”
“While the fees may be on the high side, Paybis ultimately delivers impressively on making crypto purchases accessible, safe, and above all convenient for everybody around the world who would like to purchase cryptocurrency.”
“Paybis is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 4.48 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Paybis clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.”
“Despite its relatively high fees, Paybis has streamlined crypto trading or investing, making it accessible, simple, safe and convenient for investors or traders worldwide.”
“In summary, Paybis positions itself as a safe and reliable option for users seeking a straightforward and user-friendly platform for buying and selling cryptocurrencies. Its emphasis on simplicity, regulatory compliance, and user satisfaction sets it apart in a landscape often characterized by complexity and competition for size.”
“If you plan to buy popular cryptocurrencies or sell some Bitcoin, PayBis a great platform to do that. It takes quite low fees and is famous for its reliability in the crypto world. However, the PayBis crypto-list is quite limited, so you may need to look for another exchange if you need to get a wider range of assets.”
“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 offers a very secure and straightforward means to buy crypto. The major drawbacks of the platform are the high fees, lack of trading pairs, inability to sell altcoins, and limited selection of cryptocurrencies.”
“To conclude this Paybis review, we can say that Paybis is one of the best crypto exchanges in the world that offers all kinds of crypto investors access over 89 cryptocurrencies in the market today. The exchange also supports over 80 fiat currencies and caters to beginners and advanced traders in different parts of the world. The simple to use exchange platform has no hidden fees and includes AML and KYC requirements, making it a secure and trustworthy platform.”
“If you’re a beginner in the field of cryptocurrency trading, or have never even traded or bought cryptos, in general, then Paybis does appear to be an amazing starting point. However, if you’re already a professional trader, the platform doesn’t really have anything to offer to you.”
“Paybis is a top rated platform for anyone entering the world of cryptocurrency trading. It’s an excellent place to start with an intuitive interface that is easy to navigate. Its quick verification process makes it especially welcoming for beginners while experienced crypto traders can access a wide selection of coins with strong security measures.”
“Paybis offers a comprehensive and user-friendly platform for buying, selling, and swapping cryptocurrencies. Its extensive range of supported payment methods, robust security measures, and responsive customer support make it a reliable choice for both beginners and experienced traders. However, as with any cryptocurrency exchange, it is important to conduct thorough research and consider individual needs and preferences before making a decision.”
“Paybis supports 10 digital assets, including major cryptocurrencies like Bitcoin, Ethereum, and Litecoin. The selection is limited compared to other exchanges but includes the largest cryptos by market cap.”
“Our test reveals that Paybis is secure due to its non-custodial approach and strong KYC and AML policies. So far, it hasn’t experienced any security breaches. However, the convenience comes with higher fees and additional network costs, making it less competitive in terms of final exchange rates.”
“If you live in a jurisdiction where crypto trading is largely prohibited, then Paybis may provide a means for you to gain some exposure to the asset class. However, due to the high fees Paybis charges, frequent traders might be better off using more traditional exchanges.”

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