As we cruise through one of the most unexpected years to date, one can’t help but wonder where our financial system is headed to. Over the last few months, huge drops have been observed in all markets, and a general feeling of unrest makes people explore cryptocurrencies as a “safe haven” for their money.

If you belong in this group as well, you might be wondering how you can buy Bitcoin, Ethereum, and other popular coins for the best possible price.

We wrote this review to help you better understand why Paybis is the best exchange to perform your transactions. So if you want to buy crypto without fees and many different payment methods, keep on reading.

What is Paybis

Paybis is a cryptocurrency exchange based in the UK. The platform operates in the crypto space since 2014 and is consistently evolving, by improving their offer.

Over the years, the exchange has built a unique platform that allows users to exchange digital currencies and cryptocurrencies using a broad array of payment options. And that’s not all.

Let’s discuss what exactly makes Paybis stand out from the hundreds of platforms available nowadays.

Paybis features

In contrast to most exchange platforms, Paybis closely observes the user experience and constantly improves it. Remember the biggest issues you were facing with big platforms back in the day? ID verification, payment methods, transaction speed… These are exactly the things Paybis excels in.

Let’s take a look at the top features that make Paybis stand out:

Payment methods

Upon logging into your account, you will immediately notice the diverse availability of payment methods. Where most exchange platforms allow users to purchase Bitcoin using solely bank transfers (and occasionally credit cards), Paybis supports no less than 7 payment options. These include:

  • Credit/debit cards
  • Bank transfers
  • Skrill
  • Neteller
  • Advanced Cash
  • Payeer
  • Bitcoin

Apart from all the options seen above, the platform also allows users to cash out Paybis gift cards in order to complete their purchases.

Transaction speed & privacy

On average, it takes less than 15 minutes* to complete a transaction process on Paybis. This includes the verification process. It is by far one of the fastest ways to acquire cryptocurrency.

But that’s not all there is to it. Paybis also values its users’ privacy. Your newly purchased funds will not remain on an exchange-based wallet. Instead, they are sent directly to you personal wallet, which you need to indicate at the start of a transaction.

*Note that bank transfers do not apply to this rule since the transactions are subject to your bank’s processing times. When paying with your bank it takes approximately 1-5 days to receive your funds.

Verification process

Another area where Paybis excels is the process of ID verification. This is probably “god-sent” news for anyone who has ever experienced the long delays and rejections of typical verification processes.

In short, it takes less than 5 minutes to verify your account on Paybis. And all you need to do is enter some basic information and a copy of your ID document.

Each submitted application is reviewed in real-time by dedicated agents who are also there to help you complete the process successfully. Speaking of which…

Customer support

I first discovered Paybis when I came across its thousands of positive reviews. Users were not only praising the transaction speed and fast verification, but they were also very vocal about the customer support team.

According to them, it made the experience more personal and easier to go through, even for those that had never purchased Bitcoin before.

So here’s how it works. The support agents are online 24/7 – all hours of the day! If you have any questions that need their attendance, all you need to do is reach out through the live chat option, or send an email. The team will instantly review your request and provide support where necessary.

Education

Since Paybis is mainly targeting investors that are relatively new in the crypto world, a knowledge base is very important.

Last year, Paybis introduced its very own blog, which contains information on everything from investing and Bitcoin to gold and crypto-trading. If you want to delve deeper into all the different aspects of cryptocurrency, this is the place to be. Scroll through the different topics and find what interests you most.

Furthermore, when selecting your trading pairs, you will also be able to see a detailed description of the transaction process by scrolling down. More specifically, you will see a small chapter helping you prepare for your transaction:

Scroll a little further and you will come across a detailed step-by-step process as well:

And our favorite feature – No fees for your first transaction

You heard that right! Since its recent website redesign, Paybis will not charge you any fees for your first transaction on the platform.

This is an excellent opportunity for new users that wish to purchase Bitcoin (even in large amounts) at the cheapest possible cost. And, once again, if you are having doubts about a transaction, you can always ask the help of Paybis’ support team.

Note that this offer involves transactions where payment is made using a credit or debit card. Bank transfers and payment systems will not apply to this discount.

Conclusion – Is Paybis worth it?

Overall, we are more than satisfied with Paybis exchange. The platform may not be the best option for traders, but it is certainly an excellent option for new users that are only now looking to enter the space.

Apart from that, it is also a great option for those that would rather use payment systems (e-money wallets) to complete their transaction. Many people are still unbanked, and payment systems should be a viable alternative to any online purchase they wish to make.

So wait no longer! Head over to Paybis, select your payment method and start a new transaction. Follow the on-screen instructions, verify your account, and, in less than 15 minutes you are done! It’s really that simple.

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Lauren Sanchez - Author

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