Once in a while,we like to go ahead and review platforms or products that allow people to buy Bitcoin easier. After all, we are on the brink of a new bull market which will (hopefully) bring us closer to mainstream adoption.
Therefore, in today’s post, I’d like to give my honest opinion on Paybis – a UK-based cryptocurrency and digital currency exchange.
This review is based on my personal experience with the platform, and it has been very positive overall. Over the past 2 years, I have seen the platform undergo several transformations, so today, I’ll be talking about its latest version!
Why we chose Paybis
Ever since 2015, our team has been using popular exchanges (eg. Coinbase, Binance, etc.) to buy and sell cryptocurrency. And in this industry, 5 years is as long as a century!
There were three common problems amongst all top exchanges:
- The verification process was (almost) always slow
- Customer support agents were not as responsive as they need to be
- Withdrawals took days to complete, which often resulted in missed opportunities
So in 2018, we started looking for alternate options. We tried to find an exchange platform that does what is best for the customer, in order to ensure all parties are satisfied. Long and behold, we discovered Paybis.
The platform was one of the most praised exchanges in the crypto industry, with reviews that no other platform could match.
Ever since those early first purchases, the platform has grown its user base and made the process of buying crypto easier than any other platform.
Why choose Paybis?
From an experienced outsider’s perspective, it almost seems like Paybis improves upon every flaw that users come across when using popular competitors. Their strategy is very customer-oriented and their features make it unlike any other platform:
Multiple payment methods
Paybis offers many different payment methods that can also be used as payout methods (in case you choose to sell your crypto). These include the rather popular options, such as credit card purchases (the first transaction of which is completely free of charge) and bank transfers, but also uncommon methods, such as Skrill, Neteller, etc.
For example, if you choose to buy Bitcoin on Paybis, you can use any of the following payment methods:
● Credit/Debit cards
● Bank transfers
● Advanced Cash
● Paybis gift cards
Fast ID verification
One of the best features of Paybis is the speedy verification process. As soon as users start a new transaction, some basic personal information will be needed, before a payment can be made.
Paybis has an in-house team that takes care of this process and helps users proceed with their order in less than 5 minutes. And if any questions about the process remain unanswered, you can always contact the support team.
Responsive customer support at all times
Speaking of the support team, Paybis has a customer support department with multilingual agents, all available around the clock. If you have any questions or concerns about your upcoming transaction, feel free to contact the team through the live chat option or by sending an email.
Paybis allows users to purchase cryptocurrency with very high limits. Compared to other popular exchange options, Paybis is a great option for investors that are looking to buy Bitcoin and other cryptocurrencies using a large amount of money.
On top of that, if you are buying with your credit or debit card, you can use the “commission-free” purchase opportunity to buy at the lowest price in the market.
No exchange wallet
Most users don’t want to store their funds on an exchange. Not only do withdrawal phases take a long time to complete, but leaving your funds on a digital platform makes them more susceptive to hacking attempts.
Therefore, each time you choose to purchase cryptocurrency on Paybis, you are asked to provide the wallet address of the cryptocurrency you wish to buy.
When you complete your payment, the coins will be sent directly to your personal wallet, ensuring the maximum safety of your funds.
Buying Crypto with Paybis
When you buy cryptocurrency using Paybis, you go through the process in just a few clicks.
1 – Payment methods
On the left box, you can see a drop-down menu with all the payment methods. At this moment, credit/debit card payments are preselected, with EUR being the preselected currency.
2 – Payout options
On the right box, you can click to explore all the payout options. Paybis supports both cryptocurrency and digital currency payment options, depending on the payment method you choose to use.
3 – Start the transaction
The designated button on the right, here labeled as “Buy Bitcoin”, is the final step you need to take to initiate a new transaction. As soon as you have entered the amount you wish to exchange, click on the button to proceed with your order.
From that point onwards, all you need to do is follow the information on your screen to complete your order.
4 – Commission details
In this section, you can see all the fees that you are expected to pay when making a transaction. These fees are automatically deducted from the final amount that you receive when your order is finalized. As you can see, the first transaction using a credit or debit card is free of charge.
And that’s all you need to get started. The whole process takes less than 15 minutes to complete, and even less after your account is verified.
Are you ready to buy crypto?
Transactions on Paybis are fast, efficient and easy to perform. Now that you have a basic understanding of what the process entails, it might be a good idea to trust the platform for your next crypto purchase.