Paybis review

home - Reviews - Paybis

Website
Currencies
Available Cryptocurrencies
Fees
Visit Site

(96 User Ratings)

EUR, GBP, USD, among other major currencies
BTC, ETH, USDT, LTC, XLM, and others
2.49% to 6.5% depending on deposit and withdrawal method you choose

Paybis is a cryptocurrency trading platform that allows you to buy and sell cryptocurrencies using a variety of payment methods.

 

Background Information About Paybis

 

Established as a thought experiment in 2014 by its founders Innokenty Isers, Konstantin Vasilenko, and Arturs Markevich, Paybis is an online multi-cryptocurrency exchange supporting the buying and selling of cryptocurrencies. Innokenty Isers, the CEO at Paybis, is a lifetime entrepreneur having over 15 years of expertise in various online businesses.

Table of content

How to get registered on Paybis From Singapore?

 

To create an account on Paybis from Singapore, you need to follow the below steps:

 

Step 1: Go to the official website of Paybis, and click on the “Sign Up” button present on the top right corner of the homepage.

Step 2: You’ll be redirected to the registration page, where you have to fill in your email address and create a password. You must also read and accept the terms of service and privacy policy of the company.

Step 3: After this, you will receive a verification email from Paybis. To verify your email address, open your email inbox and click on the “Verify Account” button in the email you received from Paybis.

Step 4: You’ll be again redirected to the Paybis website, where you have to complete the verification process. For this, you have to select the country of your residence and choose the type of identity card you are going to provide for verification. Here, you must use any government-issued ID card like, a passport, driving license, etc.

Step 5: Next, you have to take a photo (front and backside) of the selected document in good quality and upload it. Kindly note that while taking a photo, all 4 corners of the ID card should be visible, and all the text on the document should be readable.

Step 6: Now complete the liveness check. For this process, you need to first face your mobile camera and make sure that your face stays entirely within the frame. Later you need to slowly move your head in a circle to complete a 3D scan.

Step 7: Now you have to input your residential address and document for address proof. For this purpose, you can use any recent utility bill, such as an electricity bill.

 

After completion of all the above steps, Paybis will process your information and verify your account within a few minutes. On successful verification of your account, you can start buying/selling cryptocurrency on Paybis.

Bonus

Paybis

How to buy cryptocurrency with a credit/debit card at Paybis Singapore?

 

To buy cryptocurrency with a credit/debit card on Paybis, you have to head to the transaction panel and do the following:

 

  1. Input amount

First, you have to choose the cryptocurrency (Bitcoin, Ethereum, etc.) and enter the number of coins you want to buy on Paybis. Alternatively, you can also enter the amount you are willing to spend on purchasing cryptocurrency. Then, you have to click on the designated buy button.

 

  1. Passing a quick identity-check

If you are a new customer and making your first-time purchase of cryptocurrency using a bank card, you’ll be asked to verify your account. The identity verification process may take up to 15 minutes.

Kindly note that Paybis allows you to buy your first cryptocurrency at a 0% fee.

 

  1. Enter your wallet address

Here, you have to choose a wallet that meets your requirement as Paybis provides you a unique opportunity to receive coins at the wallet of your choice.

 

  1. Complete the payment and get your crypto

Enter your card details and follow the instructions. After your card gets validated and payment is processed, your transaction will get completed. Within a matter of few minutes, your crypto coins will be transferred to the address you indicated in step 3.

Free quently asked questions

1Is Paybis legit?

Yes, Paybis is a legitimate company and is enlisted with relevant authorities within the EU, UK, and USA, and is compliant with the very best security norms. Paybis is registered as a Money Services Business with FinCen in the United States.

2Is there any limit on buying Bitcoin at Paybis?

Yes, Paybis enforces a limit of USD 20,000/50,000 per week/month for purchasing Bitcoin with Visa/MasterCard credit or debit cards. While with bank transfers, Paybis allows up to EUR 200,000 or equivalent in other currencies of Bitcoin purchases per week.

3How long does it take for Paybis to settle by withdrawals?

The transaction process at Paybis takes only a few minutes to complete. However, the bank’s processing times will actually decide the time about settling your funds. It may usually take about 1 to 5 business days to receive the funds in your account.