- Available in 180+ countries in 9 different languages
- High fees
Check out our full list of pros and cons or read on.
Paybis is a global cryptocurrency exchange available in 180+ countries and 9 languages.
Paybis is a global cryptocurrency exchange that serves users in over 180 countries. The exchange supports 30+ crypto assets as well as 47 fiat currencies.However, the platform doesn’t custody your fiat or your crypto assets. To use Paybis, you have to know how to set up a self-custodial crypto wallet, because users send fiat and crypto directly to and from one another.
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.
Check out our full list of pros and cons or read on.
Product Name | Paybis Cryptocurrency Exchange |
Fiat Currencies | EUR, GBP, USD, AUD, CAD, PHP, SGD, CHF, HKD, JPY & 30+ more |
Cryptocurrencies | BTC, ETH, BNB, BCH, XRP, XLM, LTC, ADA, BAT, DOGE & 347 more |
Deposit Methods |
Bank transfer Credit card Debit card Neteller |
Trading Fee | Fees vary |
Deposit Fees | Fees vary |
Withdrawal Fees | Fees vary |
Finder Score
★★★★★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.
Paybis supports over 357 cryptocurrencies, but some notable assets are missing. Namely, Lido Staked Ether, Toncoin and Wrapped stETH, which are in the top 20 cryptos by market cap. In total, 15 of the top 20 cryptos are available on Paybis.
Popular assets on PaybisBefore 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.
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.
All centralised 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.
Ledger Nano X Wallet |
Trezor Model T Wallet |
SafePal S1 Wallet |
|
|
|
|
|
|
|
|
|
Supported assets 5,500+ |
Supported assets 1,000+ |
Supported assets 30,000+ |
Price (USD) $149 |
Price (USD) $129 |
Price (USD) $49.99 |
See more of the best crypto wallets
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.