Paybis review: The UK cryptocurrency exchange provides a platform for various payment methods. But don’t worry, today we will solve all the problems in this article. Availability, check the fast and smooth registration and deposit process, and finally I will give my personal opinion.
Functions of the Paybis platform
The most important functions of the Paybis platform are:
- It has a rating of 4.5 (excellent) on Trustpilot.
- Very fast and simple registration process.
- Support the buying and selling of legal compatible cryptocurrency.
- Many payment methods, including legal credit and debit card payments, as well as wire transfer, Neteller and Skrill.
- The easy-to-use platform is also suitable for new crypto investors.
- Comply with KYC and AML
- UK FCA regulations and EU and US customer service
- response time is very fast.
Pros and cons
- Regulated: Paybis is regulated by the UK FCA and complies with EU and US standards.
- Customer Support: Users can contact customer support through a live chat that is open 24 hours a day, 7 days a week.
- Fiat currency users can use secure fiat currencies to buy cryptocurrencies, including the world’s major fiat currencies.
- Global influence: The platform is available in 9 languages.
- Simple registration process-registration takes a few minutes and verification is instant.
- Transparent commission structure, no hidden fees.
This is not the case for some American investors.
In fact, reading some Paybis.com reviews online is one of the most common problems. As mentioned many times, Paybis is a cryptocurrency exchange based in the United Kingdom. This basically means that exchanges must pass some SEC audits before they can provide services to US customers.
Unfortunately, the details are still unclear, and if you are in New York (NY) and Hawaii (Hawaii), you will not be able to use the exchange function. Some restrictions also apply to Texas residents. This is annoying. However, this is actually a problem that many currency exchange offices seem to face.Maybe Paybis will save a lot of potential customers.
The high fees paid by fiat currency
Is definitely a profitable feature for any cryptocurrency exchange. It’s simple, but sometimes it’s worth looking for alternative ways to buy the crypto assets you want, especially when it comes to some Paybis user reviews telling you that the exchange’s fees are definitely different lowest.
When using a credit or debit card to purchase cryptocurrency, you must pay a minimum fee of $10 and a maximum transaction of $225. To purchase cryptocurrency worth more than 225 USD, you will need to pay a commission of 4.5 USD. … not bad? Well, to a certain extent.
However, the good news is that as the amount increases, Paybis will not charge you the first time your credit or debit card is changed.
It supports very few cryptocurrencies.
Checking the online ratings of Paybis users will quickly reveal that the exchange only supports a few currencies. Only 9 assets can be traded on the platform. In the list above, you can use Paybis to trade most currencies. The most famous and well-known cryptocurrency, but nothing more.
There are more than 200 kinds of cryptocurrencies suitable for your unique business needs at a time! However, this is also a very specific case, I mean it really depends on what you want to trade or what cryptocurrency you want to store, if all you are looking for is just a place to buy Bitcoin or Ethereum.
It Are you interested in some altcoins? Paybis user reviews will tell you what the platform will be. In this regard it is suitable for you, but if you really want to invest in some altcoins, you will have to switch to a different exchange.
How to use Alipay?
At this point, we have covered all the salient features and shortcomings of the Paybis cryptocurrency exchange, but before we let go, the last thing we need to do in this Paybis review 2021 is to review the registration process on the website. This also covers the real part of buying cryptocurrency. …
How do I register for Paybis?
Let’s start from the top and log into the platform first. You know, I was skeptical at first, but I had to hand it over to Paybis, and they simplified the process on their IT website. I have never enjoyed a more flexible and simple cryptocurrency exchange! Further review of the website (your account, personal account, etc.) only confirmed this concept.
Every page I visit is designed very simple. I can never find the complete part. Unnecessary functions or incomprehensible graphics and other information. In fact, this will be a problem for some people. If you are an experienced trader and are looking for advanced tools for effective trading.
Paybis may not be suitable for you, but the exchange provides an ideal entry-level environment for beginners.And take your newly purchased cryptocurrency with you.
Although this is a controversial topic
the exchanges involved enforce strict KYC rules. Before taking any important steps on the platform, you need to take some steps to verify your identity, especially when trading assets.
The best thing about exchanges is that your cryptocurrency will not be stored on their platform, in other words, there will be no exchanges. This is great! Of course, this means that you have your own wallet, and then you need to transfer money to that wallet. After the transaction is completed.
However, your crypto assets in your own wallet are always safer than any exchange, which is very good. The secure wallet can be found in this list. In short, Paybis is definitely a trusted cryptocurrency exchange that can provide some of the best security features for all your business needs.
this is a big problem! This means that no matter what problem you encounter, you can always contact the support staff of the stock exchange. Based on my own experience, this support is very friendly and patient and can provide you with everything you need.
Having said all that, is Paybis a good cryptocurrency exchange worth using, or at least it can be tried, or is Paybis a scam to avoid? One thing is certain, the exchange is definitely not a scam. Let me put it this way, if you are new to cryptocurrency trading, or have never traded or purchased cryptocurrency before, then Paybis seems to be the focus of a great game in general.
If you are already a professional trader, then this platform has nothing to offer you. The beginner Paybis comment talked about the simplicity and ease of use of sharing, and you can do all the work very quickly without spending too much time on the site looking for everything you might need.
However, experienced traders should consider the high fees of the exchange (given the ease of use and accessibility of the platform, beginners can forgive), the lack of trading encryption options, and the site is actually too easy if you are not . I like Paybis very much.
The transaction does not leave an indelible mark on you. Go ahead and do it. Check out our list of the best cryptocurrency exchanges in the industry. Perhaps one of them is more suitable for your personal wishes and needs in cryptocurrency trading? Thanks for reading, and good luck!
The content published on this website is not intended to provide financial, investment, trading or other advice. BitDegree.org does not endorse or invite you to buy, sell or store cryptocurrency. To make an investment decision, consult your financial advisor.