Ratings methodology – how we scored Paybis
Supported cryptocurrencies
★★★★★
Transferring money or assets
★★★★★
Fees and costs
★★★★★
Ease of use
★★★★★
Customer service
★★★★★
Features
★★★★★
Staking/earn
★★★★★
Trustworthiness/security
★★★★★
How we rate our crypto exchanges and platforms
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 here.
Our score 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.
About Paybis — company background
Founded in 2014, Paybis is a global cryptocurrency exchange based in Warsaw, Poland with offices in Glasgow, UK and Riga, Latvia. It offers service in over 180 countries in eight different languages. The exchange was founded in 2014.You can buy over 85 cryptos and tokens with Paybis. But you can only sell around 10 popular cryptos, including Bitcoin, Ethereum, Tether, Cardano and Solana. In some countries (excluding Canada) and US states, Paybis offers wallets for storing Bitcoin, Binance Coin, Ethereum, Tether, Cardano, Dogecoin and Polkadot.
Listed Paybis crypto exchange assets
Paybis supports over 87 cryptocurrencies. In total, Paybis carries 18 of the top 20 cryptos by market cap.
Popular assets on Paybis
supportsBitcoin (BTC) supportsEthereum (ETH) supportsTether (USDT) supportsBNB (BNB) supportsSolana (SOL) supportsUSDC (USDC) supportsXRP (XRP) does not supportLido Staked Ether (STETH) supportsDogecoin (DOGE) supportsCardano (ADA) does not supportToncoin (TON) supportsAvalanche (AVAX) supportsShiba Inu (SHIB) supportsBitcoin Cash (BCH) supportsPolkadot (DOT) supportsWrapped Bitcoin (WBTC) supportsTRON (TRX) supportsChainlink (LINK) supportsUniswap (UNI) supportsPolygon (MATIC)
Paybis fees
Paybis charges a 2.95% fee for neteller deposits, 2.49% fee for debit / credit card deposits and a 0.99% fee for bank transfer deposits. Deposit & withdrawals fees
Deposit funds
Bank transfer: 0.99%Debit / credit card: 2.49%Neteller: 2.95%Skrill: 4.95%Processing fee (additional to other fees): 4.5% – 6.99%
Withdraw funds
Bank transfer: 0.99%Debit / credit card: 2.49%Neteller: 2.95%Skrill: 4.95%Processing fee (additional to other fees): 4.5% – 6.99%
Other fees
No transaction fee on your first transaction. Minimum 2 USD service fee per transaction.
Paybis deposit methods
Bank transfer
Credit card
Debit card
Neteller
Skrill
Apple Pay
How to sign up on Paybis exchange
Before you can even get started trading on Paybis, you have to go through the rigorous verification process (which usually involves providing proof of identification). This can take time. The reason for this is Paybis’s commitment to certifications and compliance with regulations and insurers.
Get startedAfter selecting the Get Started button, fill in the create account form.
Set up paymentBefore you can start trading, you have to add your bank account to your Paybis account. There are several options to choose from, so choose the option most compatible.
Provide identificationBefore you can make withdrawals and increase your transaction limits, you must submit proof of address and some additional identification. Use either a passport or a driver’s license for this.
Start tradingAfter all that is processed, you’re ready to trade on Paybis.
Create Paybis account
Is Paybis safe?
Paybis is rated 4.2 out of 5 stars on Trustpilot based on more than 21,000 reviews. It’s registered with the Financial Crimes Enforcement Network of the US (registration No. 31000224635628) and FINTRAC in Canada (registration No. M22061209). It is not registered with the Financial Conduct Authority in the UK.The company uses industry-leading practices like TLS encryption to safeguard customers’ personal information. There’s no option to secure your account with multi-factor authentication, but customers can reset their passwords using email recovery.
Keeping your crypto secure
All centralized exchanges, including Paybis, are vulnerable to counterparty risks like hacking, theft and insolvency. Using a self-custodial or
hardware wallet is widely accepted as the best way to improve the security of your funds. We’ve shared some of our top picks below.
Paybis customer support
Paybis customer support is one of the main strengths of the exchange.The platform offers 24/7 customer support services that range from a FAQ support portal to live chat. If both of these options fail, they’re quick to respond to email queries. The Paybis website states that the average response time for online chat messages is roughly 15 seconds.
How to reach Paybis customer support
Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.
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Alternatives to Paybis
Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators’ websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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