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Our verdict
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.
3.2
Finder Rating
★★★★★
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 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.
Paybis pros and cons
Pros
Lists 36 cryptocurrencies.
Multiple fiat currencies supported.
Five deposit methods.
24/7 customer support.
Global service. You can use Paybis in 180 countries and information on the platform is offered in 9 languages.
Easy registration process. In just 6 steps, you can set up your Paybis account. You’ll need an email address, a phone number, a non-custodial crypto wallet address, a payment method and proof of ID like a passport or a driver’s license.
Cons
Fees high and vary.
Can only sell BTC.
No supported crypto pairs.
Unavailable in New York and Hawaii.
High processing fees. You have to pay both commission fees and processing fees when you use Paybis. The commission + processing fees are high, ranging from 4.5% to 6.99%.
Doesn’t support crypto trading pairs. You can only buy and sell crypto for fiat via Paybis.
About Paybis — company background
Paybis is a global cryptocurrency exchange based out of Glasgow, UK with offices in Riga, Latvia.
It’s a global cryptocurrency exchange that offers its service in over 180 countries and supports nine different languages, with 400+ coins and tokens supported. The exchange was founded in 2014.
Listed Paybis crypto exchange assets
Paybis supports over 390 cryptocurrencies. In total, Paybis carries 19 of the top 20 cryptos by market cap.
Popular assets on Paybis
supports
Bitcoin (BTC)
supports
Ethereum (ETH)
supports
Tether (USDT)
supports
BNB (BNB)
supports
XRP (XRP)
supports
USDC (USDC)
does not support
Lido Staked Ether (STETH)
supports
Cardano (ADA)
supports
Dogecoin (DOGE)
supports
Solana (SOL)
supports
TRON (TRX)
supports
Toncoin (TON)
supports
Polkadot (DOT)
supports
Polygon (MATIC)
supports
Litecoin (LTC)
supports
Bitcoin Cash (BCH)
supports
Chainlink (LINK)
supports
Wrapped Bitcoin (WBTC)
supports
Shiba Inu (SHIB)
supports
Dai (DAI)
BTC
ETH
XRP
BCH
EOS
XVG
FET
LTC
ADA
XLM
MIOTA
TRX
NEO
DASH
XMR
XEM
VET
BCN
USDT
ETC
ICX
QTUM
BNB
OMG
ZEC
ZIL
LSK
BTG
AE
ONT
NANO
STEEM
ZRX
SC
WAN
DCR
WAVES
BTM
BTS
BCD
REP
MKR
PPT
DOGE
IOST
SNT
DGB
AION
BAT
NAS
LRC
ELF
ARK
KMD
ARDR
MITH
PIVX
POLY
KNC
LOOM
KCS
WICC
FSN
GAS
RDD
ELA
BNT
CTXC
FUN
HT
SKY
CMT
DRGN
NULS
LINK
POWR
MAID
MCO
HOT
NEBL
ETN
BFT
SOC
NEXO
NCASH
MANA
ACT
PAY
RLC
REQ
THETA
CVC
STORJ
DBC
QSP
ZEN
NXS
TNB
ANT
ENJ
BLZ
GRS
RUFF
ABT
GNO
IGNIS
MTL
TOMO
DENT
AGI
DATA
TRAC
DTA
BIX
CRPT
ITC
GVT
RCN
OST
REN
TEL
EMC2
AST
UTK
CVT
RVN
WABI
OCN
PST
YEE
NLG
DOCK
MLN
DAI
TCT
SWFTC
RFR
STX
AMP
LEO
KEY
DMT
MDA
DMD
COV
NMR
TUSD
CHSB
DOT
FOR
ATOM
LUNA
AHT
UNI
RED
SCRT
NRG
GO
XTZ
FTT
QKC
HC
FTM
PNK
DIVI
USDC
BSV
NPXS
TMTG
GUSD
DGTX
IOTX
VITE
GRIN
HIT
PNT
SEELE
HPT
MXC
ABBC
GXC
BEAM
ANKR
DX
RIF
MTV
BTT
CELR
MATIC
TFUEL
ORBS
ALGO
ONE
SOLVE
VRA
MFT
DAG
QNT
EURS
NIM
AERGO
LTO
DAC
LAMB
CEL
HBAR
SNX
WAXP
AMPL
DUSK
IQ
OKB
VSYS
WBTC
PAXG
HEDG
VTHO
ZB
TSHP
AKRO
MOC
NKN
OCEAN
UPP
STPT
SUSD
BUSD
HDAC
BHP
CHZ
CTK
ARPA
SOLO
REV
GT
RING
XVS
COMP
EGT
BAND
OXT
TROY
KAVA
PERL
COCOS
SERO
XDC
MBL
ATP
CKB
CNNS
EM
IRIS
LOL
MX
NEW
RSR
TT
WXT
EWT
VGX
KLAY
OGN
XAUT
HEX
HIVE
WRX
BEPRO
NOIA
KSM
NWC
FORESTPLUS
SXP
LYXE
COTI
CTSI
SOL
TRB
NEST
HMR
DREP
MASS
KAI
NU
TWT
APIX
STMX
VLX
AR
RINGX
USDN
BAL
DIA
MTA
UMA
USDJ
YFI
SRM
FIO
CRV
AVAX
YFII
HNT
SUN
SUSHI
SAND
RUNE
WNXM
ORN
EGLD
FIL
AAVE
ALPHA
BEL
BURGER
CAKE
CREAM
FLM
IDEX
INJ
NBS
NEAR
SWRV
WING
MLK
AUDIO
ROSE
KP3R
STRAX
AXS
HARD
CVP
UNFI
FRONT
SLP
BAKE
KEEP
ACH
CRU
DKA
PHA
TITAN
SKL
GRT
GLM
HEGIC
1INCH
CELO
GHST
REEF
TRU
API3
FLOW
POLS
DODO
YAM
AUCTION
TVK
OM
DEGO
PERP
MIR
TRYB
DMG
FORTH
DAO
DFI
OMI
SHIB
RFUEL
KOK
VELO
APL
AKT
SAFEMOON
TON
USDP
ULTRA
EUM
ONGAS
BMX
CARRY
CONT
FUNX
MARO
ALY
TOPN
MCH
DBOX
XDGB
Paybis fees
Paybis deposit methods
Bank transfer
Credit card
Debit card
Neteller
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 proof of identification). This can take quite a long time. The reason for this is Paybis's commitment to certifications, and compliance with regulations and insurers.
Get started After selecting the Get Started button, fill in the create account form.
Set up payment Before 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 identification Before 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 trading After all that is processed, you're ready to trade on Paybis.
Paybis has a 4.5/5 rating on TrustPilot. It benefits from being a brokerage rather than a traditional exchange in that it does not custody any crypto for clients. This is important because Paybis users don’t run the risk of losing crypto that they purchased through the platform in the event of a hack.
One downside of the brokerage is that it doesn’t offer 2-factor authentication. Also, the exchange has not reported having ever undergone security audits.
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 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.
How to reach Paybis customer support
Contact form
Email
Facebook
Live chat
Phone
Twitter
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.
Iain Taylor is a cryptocurrency writer for Finder. Iain has been involved in cryptocurrency since the end of 2020. He completed a study on Bitcoin, blockchain technology and cryptocurrencies at Dalhousie in 2021.
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