In this guide

  • Our verdict
  • Details
    • Product details
  • Frequently asked questions
  • Your reviews
Paybis
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Fiat currencies
50
Supported assets
83
This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.

Our verdict

Buy over 80 cryptos on a user-friendly platform, but watch out for high transaction fees.

Paybis is a global cryptocurrency exchange that serves users in over 180 countries. You can buy over 80 cryptos on the platform directly with Canadian dollars, and you can sign up and make a debit or credit card purchase in a matter of minutes.


But you can only sell around 8 popular cryptos, and Paybis doesn’t allow Canadian users to buy stablecoins like Tether. High transaction fees also apply, so frequent traders may want to look elsewhere.


Best for: Beginners looking for a quick and easy way to buy crypto.

Use code Finder30 to get a 30% discount on all commission for 1 transaction. T&Cs apply.

Pros

  • Buy crypto with your credit or debit card
  • Sign up in minutes and buy crypto instantly
  • Buy Bitcoin in minutes
  • 24/7 online support
  • Highly rated mobile app

Cons

  • Not available in Quebec
  • No stablecoins available
  • You can only sell a few cryptocurrencies on the platform
  • You’ll find lower fees elsewhere

In this guide

  • Our verdict
  • Details
    • Product details
  • Frequently asked questions
  • Your reviews

Details

Product details

Product Name Paybis
Fiat Currencies CAD, USD, EUR, GBP, AUD & 45 more
Cryptocurrencies BTC, ETH, XRP, ADA, DOGE and 70+ more
Deposit Methods Credit card
Debit card
Apple Pay
Google Pay
SWIFT
AstroPay
Trading Fee $5 USD minimum per transaction
Deposit Fees Transaction processing (4.5%) plus a 6.99% - 8.99% fee for debit/credit
Other payment methods: fees vary
Withdrawal Fees Transaction processing (4.5%) plus a 6.99% - 8.99% fee for debit/credit
Other payment methods: fees vary

What is Paybis?

Founded in 2014, Paybis is a cryptocurrency exchange where users can buy over 80 cryptocurrencies using fiat currency. The main focus of the Paybis exchange is on simplicity and user-friendliness, and the platform is designed to make it easy to buy crypto with Canadian dollars.

Paybis is headquartered in Warsaw, Poland, and operates in over 180 countries around the world.

Paybis features

Paybis offers the following features to users in Canada:

  • Buy crypto in over 50 fiat currencies. Paybis supports crypto purchases in more than 50 currencies, including Canadian dollars.
  • Buy 80+ cryptos. You can purchase several of the world’s largest cryptocurrencies with Paybis, including Bitcoin, Ethereum, XRP, BNB and Solana.
  • Fast purchases. Paybis supports instant deposit methods such as credit card and debit card payments, allowing you to buy crypto within minutes.
  • Mobile app. You can buy online via the Paybis website or download a highly rated mobile app for Android and iOS devices.
  • Crypto swaps. Paybis also allows users to swap one crypto for another without having to convert to fiat currency first.

What cryptos can I trade on Paybis?

You can buy over 80 cryptocurrencies on Paybis, but you’re only allowed to sell a handful of cryptos on the platform. The assets that you can buy and sell on Paybis in Canada are:

Popular crypto assets on Paybis

  • BTC
  • ETH
  • XRP
  • ADA
  • DOGE
  • 70+ more

Popular assets Paybis does NOT support

  • USDT

While Paybis supports selling Tether (USDT) and USD Coin (USDC), it’s worth noting that Paybis does not allow Canadian users to buy these or any other stablecoins.

Paybis fees

You need to pay a service fee to buy crypto on Paybis. There are three factors that affect the fee amount:

  • Payment method. Bank transfers have lower fees than debit and credit card purchases, while other payment methods attract varying fees.
  • Transaction amount. Paybis usually charges a minimum US$2 service fee on all transactions.
  • Currency used. The fiat currency you use to pay for your transaction will affect foreign exchange costs. Paybis says major currencies like USD, GBP and EUR tend to have lower fees.

Paybis fee examples

Given that there are several factors that affect transaction fees on Paybis, let’s take a look at the fees that apply to different BTC purchases on the platform.

Purchase amountPayment methodPaybis fee
$100Credit/debit card$6.49 (0.00006961 BTC)
$500Credit/debit card$28.43 (0.00030517 BTC)
$1,500Credit/debit card$83.22 (0.00089317 BTC)
$1,500SWIFT bank transfer$72.66 (0.0007798 BTC)
$10,000Credit/debit card$549.56 (0.00589815 BTC)
$10,000SWIFT bank transfer$283.45 (0.00304209 BTC)

* Fees quoted based on the exchange rate of 1 BTC = $93,175 CAD. Please note that while we strive to keep this fee information up to date, fees can change over time, so this example table should be used for illustrative purposes only.

Paybis payment methods

  • Credit card
  • Debit card
  • Apple Pay
  • Google Pay
  • AstroPay
  • Revolut Pay
  • SWIFT bank transfer

How do I withdraw money from Paybis?

You can withdraw funds from your Paybis account by transferring crypto to an external wallet, or by sending CAD to your bank account with a SWIFT transfer.

The platform offers several other payout methods, including withdrawals to a credit or debit card and Skrill or Neteller payments. However, CAD is not a supported currency for these methods.

Pros and cons of Paybis

Pros

  • Easy to use. It’s quick and easy to sign up and buy crypto with Paybis, and the platform offers a user-friendly interface for crypto beginners.
  • Buy crypto with CAD. Paybis lets you buy crypto with Canadian dollars, including paying with your credit or debit card.
  • Buy major cryptos. You can buy over 80 ryptocurrencies on Paybis, including popular coins and tokens like Bitcoin, Ethereum and Solana.
  • Fast transactions. With fast deposit methods like credit card, debit card and AstroPay, you can buy Bitcoin and other cryptos in a matter of minutes.
  • 24/7 online support. If you need help with a transaction, Paybis support is available 24/7.

Cons

  • No stablecoin support. Paybis does not allow Canadian users to buy stablecoins, so you can’t use it to buy popular assets like Tether or USDC.
  • Transaction fees. You’ll be able to find lower fees on other trading platforms.
  • Limited selling capabilities. While you can buy over 80 cryptos with Paybis, you can only sell fewer than 10.
  • No wallet in Canada. The Paybis wallet is not available to Canadian users due to regulatory restrictions, so you’ll need to store your crypto away from the exchange in an external wallet.
  • Not in Quebec. Quebec users will need to consider other crypto exchanges.

Is Paybis legal in Canada?

Yes, it’s legal to use Paybis in Canada. Paybis is registered with FINTRAC as a Money Services Business. It supports multiple deposit methods for Canadian users, allowing you to buy crypto with Canadian dollars.

However, Quebec users are not allowed to use the platform, and Paybis does not support the sale of stablecoins to Canadian users.

Is Paybis safe to use?

Yes, Paybis is generally considered to be a safe crypto exchange. In addition to its FINTRAC registration in Canada, it is also registered as a Money Services Business with FinCEN in the United States and as a Virtual Asset Service Provider in Poland.

You’ll need to pass KYC regulations and verify your identity to trade on Paybis. This exchange also uses security methods such as encryption, regular security audits and withdrawal confirmations to help ensure the safety of your funds.

What do Paybis reviews have to say?

Paybis reviews are largely positive, though the platform has picked up some mixed feedback. Users who leave five-star reviews mention factors such as fast purchases, ease of use and the user-friendly app. Negative reviewers sometimes delayed transactions and high fees.

SiteDetails
Trustpilot4/5 stars based on 30,400+ reviews
Apple App Store4.7/5 stars based on 787 reviews
Google Play4.7/5 stars based on 10,500+ reviews

* Reviews as of February 5, 2026

How to buy crypto with Paybis

If you’re ready to start trading, here’s what you need to do:

Step 1: Create an account

Visit the Paybis website or download the app to create an account. You’ll need to provide your personal details, email address and phone number and verify your ID.

Step 2: Enter your transaction details

Select the crypto you want to buy and enter the amount of CAD you want to spend. You will also need to select your payment method and provide the address of your external crypto wallet.

Step 3: Review and confirm

Check the full details of your transaction, including any fees that apply. If you’re happy with everything, submit your buy order.

Alternatives to Paybis

Not sure if Paybis is right for you? Compare Paybis with other crypto exchanges in Canada in the table below:

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Finder Score for crypto exchanges

To make comparing even easier we came up with the Finder Score. Supported coins, account fees and features across 28 cryptocurrency trading platforms are all weighted and scaled to produce a score out of 10. The higher the score, the better the exchange—simple.

Read the full methodology

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Bottom line

If you’re searching for a simple way to buy crypto with Canadian dollars, Paybis is worth a look. It’s user-friendly, offers fast purchases, and provides an easy entry point for crypto newcomers. But it’s not the cheapest platform out there, and some popular cryptos like Tether are not available to buy in Canada. Ultimately, you’ll need to compare Paybis with a range of other crypto exchanges before deciding whether it’s right for you.

Frequently asked questions

Sources

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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