PayBis review: is a safe exchange or a scam? (09.2019)

What do we know about PayBis? According to the data we possess, it appears to be a quite reputable, well established, promising exchange service. It's a broker successfully operating for about 9 years and 5 months. PayBis supports some of the popular crypto. PayBis operator is just an ordinary limited company without any licenses, etc., whereas it appears to be a legitimate business model in their jurisdiction.

Clients from 241 countries & territories are welcome here, together with your home country: United States! Broker serves the US and allows registrations from 46 states. Our visitors decided the customer service as below average; while the exchange is instantaneous each and every time (or smth close). You will be required to verify your identity (ID Verification, Phone Number Confirmation, Address Confirmation are commonly requested) to be approved doing exchange operations here.

Starting from 2015, paybis.com received few great reviews from the clientele; our platform alone counted 3 customers testimonials, 100% positive reviews. The major part of the actual clients admired the fast order processing above all. Despite the fact hadn't yet collected enough data to list these guys among the rest of the approved exchange services (more information below) and therefore can't yet assign the rating to this broker, we can propose a preliminary evaluation: 86/100. Looks good! Nevertheless, 95% of the competitors can show off a higher score; some examples: WMexpress & chby were rated with a lesser number, at the same time TransCoin (100 out of 100) got a greater score from the real users.

So, what's our opinion so far? Based on the information we currently hold, PayBis should be a pretty safe site to swap Bitcoins; an adequate service treated well by the community! Let's appraise everything in details...

Overview: is PayBis safe?

PayBis operates as the Broker. PayBis LTD (dba PayBis) started doing business back in April 2015. The main office is located in Edinburgh, United Kingdom. Official PayBis address is 35/3 Buchanan Street, Edinburgh, EH6 8RB, UK. The firm is a licensed financial service provider, regulated by the Financial Conduct Authority of the UK; it obtained the Crypto Asset Business license. PayBis is registered with the FINCEN: registration number 31000175037491.

PayBis was founded by Inokentijs Isers & Arturs Markevics. Other than that, other notable people are holding various positions in firm, for example Konstantins Vasilenko (COO).

Konstantins Vasilenko left his job as a PMP-certified IT Senior Project Manager at Accenture and joined the company as the COO in early stages.

PayBis provides a lot of ways to exchange cryptocurrencies, including a good choice of fiat payment systems in various countries and currencies.

So what we'll decide, how safe is PayBis?

PayBis wasn't rated yet. What does it mean, is it secure to use this broker? Despite paybis isn't yet fully listed and has no rating @ ExchangeRates.Pro, it doesn't mean it's a scam website , is a bad broker, whatever. We are very careful with new additions to our listing, especially for less regulated Brokers and (among all other procedures) postpone the decision until we receive at least a few reports from real users that we can verify.

This ordinary takes rather a long time; we already have 37 well-examined websites in our listing, nevertheless, we never rush to add more. With 10,613 ways to buy and sell BTC worldwide, including 49 local ones for United States and USD, why urge? For now, we can already state that although it's a bit early to make conclusions, PayBis most likely will be included in our approved services list (if we don't receive any negative reviews of course). Let's keep an eye on it! 86/100, the proposed rating for the paybis.com so far says that it should be safe enough to do business here as we trust. Now let's break down our assumed rating for PAYBIS, how it was calculated:

Time in the business: 9 years 5 months

Feedback count: 3

Reviews: 3 positive, 0 negative, 0 neutral

Business model: no special licenses, etc.

Order Speed: instant

Support Quality: unknown

Verification Speed: unknown

UI Usability: unknown

Altogether, the preliminary rating for PayBis is 86 / 100

exchange @ PayBis!

Research: best alternative to PayBis

By reason of we can't (yet?) endorse the paybis.com, you may feel safer choosing the website we've already appraised and checked in full. Therefore we took the liberty to research the market and suggest a viable, well-known, 100% trusted alternative exchange platform. How we did it? Let's explain! Makes sense to start from figuring out what exactly we are looking for:

A glance at the service specifics confirms that PayBis employs the business model of a Broker; PayBis LTD (dba PayBis) started the business in April 2015. An entity is in the business for 9 years and 5 months and gained some popularity on the market. The company bases in the United Kingdom with the headquarters located in Edinburgh. The firm is the licensed MSB, regulated by the Financial Conduct Authority of the UK; it possesses the Crypto Asset Business license. PayBis was registered with the FINCEN: registration number 31000175037491.

PayBis was founded by Inokentijs Isers & Arturs Markevics. other notable people hold important positions in firm, for example Konstantins Vasilenko (COO). Please note that it's just a super-small snapshot of what we've discovered, details about the business model are available in the "what we already know about paybis" section. Considering all the abovementioned, we were looking for another broker allowing registrations from United States with a flawless reputation and the best rating and found a perfect match: TransCoin! Let's figure out what makes it the safest choice:

TRANSCOIN is also a Broker; exchange started to provide the services in May 2018. It is a really trusted, surely a respectable, well established, interesting exchange platform (broker) that supports 1 cryptocurrency: you can This is what we value the most about this great exchange service:

• It is a respectable financial company; the firm holds required license(s) and is fully compliant with the regulation
• The business model of an exchange broker doesn't require to store the customers' money, there are no accounts, etc. The crypto (or fiat) payment will be instantly delivered to a wallet (bank or fiat payment system) of your choice
• The exchange runs the business for a long time; project was started 6 years and 4 months ago
• TransCoin accepts the registrations from 255 countries; customers from United States can use the services
• Customers' testimonials are top notch, 100% (5 out of 5) wrote about the positive experience doing business with TransCoin.

According to our research and the community vote, TransCoin is the best Broker worldwide. That's a really outstanding result, considering that we compare 333 exchange platforms! Long story short, this means that transcoin.me truly stands out in terms of reliability, reputation, etc. - you name it... We are sure, you won't regret your choice!

So, let's conclude: the best alternative to PayBis is

TransCoin, a perfectly safe and trusted broker, rated 100/100. Such score is really, really hard to get, only very exchange services managed to get such a high rating! Let's break down how the transcoin.me exchange could get such a scoring.

Time in the business: 6 years 4 months

Feedback count: 5

Reviews: 5 positive, 0 negative, 0 neutral

Business model: licensed, fully compliant

Overall scoring for TransCoin: 100 / 100

TransCoin: the full review

PayBis fees, limits, verification, etc.

Even though we still consider if we should add PAYBIS to the list of approved exchange platforms and are in process of gathering and evaluating the information, we've already collected some data worth sharing. The business appears like a pretty stable and reliable broker running almost flawlessly from Apr 2015. Despite the fact that the PayBis operational entity holds no licenses, etc, it looks like a legitimate business model, compliant with United Kingdom laws and regulation. We must say that a significant number of the Brokers worldwide pay less attention to the legal part of the business; it makes PayBis stand out from the crowd.

paybis.com is a broker, sort of "crypto exchange bureau" online. Buying and selling aside, there's usually not much to do on such a website; but isn't it exactly what we are looking for? On a positive note, the brokers don't hold the clients' funds and typically require less trust, etc.

Dealing with a reputable service of the sort (seems pretty much the PayBis case) is virtually risk-free, especially if you don't send a lump sum at once. Our visitors who've already tried the services of broker left perfect recommendations. That's clearly a good sign, although as they say, "trust, but verify"!

Fees & Limits at PayBis

We normally analyze the fees and limits even for the exchanges that are not yet listed but are in the "watch list", while we are considering if we should add these sites or not. Unfortunately, due to some technical issues the integration with PayBis is not yet set, and therefore we can't state anything about the fees and purchase limits at this broker. Please accept our apologies!

PayBis account verification

The broker demands the clients to verify their identities in process of an account verification. Notwithstanding the fact that PayBis LTD is not currently regulated in United Kingdom, it has some obligations to the enforcements, etc. It's not possible to run an exchange in GB paying no attention to the anti-money laundering legislation, etc. The following identification procedures are required to complete before the user will be able to convert funds:

• ID verification: submitting a passport, national ID, etc.
• Phone confirmation: most often you'll need to receive a code by SMS
• An Address confirmation: typically acceptable are utility bills (receipt or invoice for electricity, water, gas, etc.) and bank / credit card statement if there's an address printed

As for the estimation how long does it takes to verify an account at PayBis on average: we must apologize, our platform still haven't collected enough feedback from the real users of a broker. By any chance, if you know how fast paybis.com is with an account verification, kindly let us know too. We really appreciate your commitment!

Supported countries

The website allows the user registrations from 241 countries. The following countries and territories are in the supported list:

• Afghanistan (AF)
• Aland Islands (AX)
• Albania (AL)
• Algeria (DZ)
• American Samoa (AS)
• Andorra (AD)
• Angola (AO)
• Anguilla (AI)
• Antarctica (AQ)
• Antigua & Barbuda (AG)
• Argentina (AR)
• Armenia (AM)
• Aruba (AW)
• Ascension Island (AC)
• Australia (AU)
• Austria (AT)
• Azerbaijan (AZ)
• Bahamas (BS)
• Bangladesh (BD)
• Barbados (BB)
• Belarus (BY)
• Belgium (BE)
• Belize (BZ)
• Benin (BJ)
• Bermuda (BM)
• Bhutan (BT)
• Bolivia (BO)
• Bosnia & Herzegovina (BA)
• Bouvet Island (BV)
• Brazil (BR)
• British Indian Ocean Territory (IO)
• British Virgin Islands (VG)
• Brunei (BN)
• Bulgaria (BG)
• Burkina Faso (BF)
• Burundi (BI)
• Cameroon (CM)
• Canada (CA)
• Canary Islands (IC)
• Cape Verde (CV)
• Caribbean Netherlands (BQ)
• Cayman Islands (KY)
• Central African Republic (CF)
• Ceuta & Melilla (EA)
• Chad (TD)
• Chile (CL)
• China (CN)
• Christmas Island (CX)
• Cocos (Keeling) Islands (CC)
• Colombia (CO)
• Comoros (KM)
• Congo - Brazzaville (CG)
• Congo - Kinshasa (CD)
• Cook Islands (CK)
• Costa Rica (CR)
• Côte d’Ivoire (CI)
• Croatia (HR)
• Cuba (CU)
• Curaçao (CW)
• Cyprus (CY)
• Czech Republic (CZ)
• Denmark (DK)
• Diego Garcia (DG)
• Djibouti (DJ)
• Dominica (DM)
• Dominican Republic (DO)
• Ecuador (EC)
• Egypt (EG)
• El Salvador (SV)
• Equatorial Guinea (GQ)
• Eritrea (ER)
• Estonia (EE)
• Falkland Islands (FK)
• Faroe Islands (FO)
• Fiji (FJ)
• Finland (FI)
• France (FR)
• French Guiana (GF)
• French Polynesia (PF)
• French Southern Territories (TF)
• Gabon (GA)
• Gambia (GM)
• Georgia (GE)
• Germany (DE)
• Gibraltar (GI)
• Greece (GR)
• Greenland (GL)
• Grenada (GD)
• Guadeloupe (GP)
• Guam (GU)
• Guatemala (GT)
• Guernsey (GG)
• Guinea (GN)
• Guinea-Bissau (GW)
• Guyana (GY)
• Haiti (HT)
• Heard Island and McDonald Islands (HM)
• Honduras (HN)
• Hong Kong SAR China (HK)
• Hungary (HU)
• Iceland (IS)
• India (IN)
• Indonesia (ID)
• Iraq (IQ)
• Ireland (IE)
• Isle of Man (IM)
• Israel (IL)
• Italy (IT)
• Jamaica (JM)
• Japan (JP)
• Jersey (JE)
• Jordan (JO)
• Kazakhstan (KZ)
• Kenya (KE)
• Kiribati (KI)
• Kosovo (XK)
• Kuwait (KW)
• Kyrgyzstan (KG)
• Laos (LA)
• Latvia (LV)
• Lebanon (LB)
• Lesotho (LS)
• Liberia (LR)
• Libya (LY)
• Liechtenstein (LI)
• Lithuania (LT)
• Luxembourg (LU)
• Macau SAR China (MO)
• Macedonia (MK)
• Madagascar (MG)
• Malawi (MW)
• Malaysia (MY)
• Maldives (MV)
• Mali (ML)
• Malta (MT)
• Marshall Islands (MH)
• Martinique (MQ)
• Mauritania (MR)
• Mauritius (MU)
• Mayotte (YT)
• Mexico (MX)
• Micronesia (FM)
• Moldova (MD)
• Monaco (MC)
• Mongolia (MN)
• Montenegro (ME)
• Montserrat (MS)
• Morocco (MA)
• Mozambique (MZ)
• Myanmar (Burma) (MM)
• Namibia (NA)
• Nauru (NR)
• Nepal (NP)
• Netherlands (NL)
• New Caledonia (NC)
• New Zealand (NZ)
• Nicaragua (NI)
• Niger (NE)
• Nigeria (NG)
• Niue (NU)
• Norfolk Island (NF)
• Northern Mariana Islands (MP)
• Norway (NO)
• Oman (OM)
• Palau (PW)
• Palestinian Territories (PS)
• Papua New Guinea (PG)
• Paraguay (PY)
• Peru (PE)
• Philippines (PH)
• Pitcairn Islands (PN)
• Poland (PL)
• Portugal (PT)
• Puerto Rico (PR)
• Qatar (QA)
• Réunion (RE)
• Romania (RO)
• Russia (RU)
• Rwanda (RW)
• Samoa (WS)
• San Marino (SM)
• São Tomé & Príncipe (ST)
• Saudi Arabia (SA)
• Senegal (SN)
• Serbia (RS)
• Seychelles (SC)
• Sierra Leone (SL)
• Singapore (SG)
• Sint Maarten (SX)
• Slovakia (SK)
• Slovenia (SI)
• Solomon Islands (SB)
• Somalia (SO)
• South Africa (ZA)
• South Georgia & South Sandwich Islands (GS)
• South Korea (KR)
• South Sudan (SS)
• Spain (ES)
• St. Barthélemy (BL)
• St. Helena (SH)
• St. Kitts & Nevis (KN)
• St. Lucia (LC)
• St. Martin (MF)
• St. Pierre & Miquelon (PM)
• St. Vincent & Grenadines (VC)
• Sudan (SD)
• Suriname (SR)
• Svalbard & Jan Mayen (SJ)
• Swaziland (SZ)
• Sweden (SE)
• Switzerland (CH)
• Taiwan (TW)
• Tajikistan (TJ)
• Tanzania (TZ)
• Thailand (TH)
• Timor-Leste (TL)
• Togo (TG)
• Tokelau (TK)
• Tonga (TO)
• Tristan da Cunha (TA)
• Turkey (TR)
• Turkmenistan (TM)
• Turks & Caicos Islands (TC)
• Tuvalu (TV)
• Uganda (UG)
• Ukraine (UA)
• United Arab Emirates (AE)
• United Kingdom (GB)
• United States (US)
• Uruguay (UY)
• U.S. Outlying Islands (UM)
• U.S. Virgin Islands (VI)
• Uzbekistan (UZ)
• Vanuatu (VU)
• Vatican City (VA)
• Venezuela (VE)
• Vietnam (VN)
• Wallis & Futuna (WF)
• Western Sahara (EH)
• Zambia (ZM)
• Zimbabwe (ZW)
Show the whole countries list

Does PayBis allow the users from United States (US)?

That's right, it does! paybis.com permits the registrations from the United States! Broker grants access to the customers from 46 states and territories to join the website and use the buying/selling services:

• Alaska (AK)
• American Samoa (AS)
• Arizona (AZ)
• Arkansas (AR)
• California (CA)
• Colorado (CO)
• Delaware (DE)
• District of Columbia (DC)
• Guam (GU)
• Idaho (ID)
• Illinois (IL)
• Indiana (IN)
• Iowa (IA)
• Kansas (KS)
• Kentucky (KY)
• Louisiana (LA)
• Maine (ME)
• Maryland (MD)
• Massachusetts (MA)
• Michigan (MI)
• Minnesota (MN)
• Mississippi (MS)
• Missouri (MO)
• Montana (MT)
• Nebraska (NE)
• Nevada (NV)
• New Hampshire (NH)
• New Jersey (NJ)
• North Carolina (NC)
• North Dakota (ND)
• Northern Mariana Islands (MP)
• Ohio (OH)
• Oklahoma (OK)
• Pennsylvania (PA)
• Puerto Rico (PR)
• Rhode Island (RI)
• South Carolina (SC)
• South Dakota (SD)
• Tennessee (TN)
• Texas (TX)
• U.S. Virgin Islands (VI)
• Utah (UT)
• Virginia (VA)
• West Virginia (WV)
• Wisconsin (WI)
• Wyoming (WY)

American residents and the U.S. citizens are welcome to convert various crypto currencies offered by the broker.

Ops, sorry! Can't get an access to the data regarding the US operations of PayBis. While we are fixing that, please explore the exchange's website; there's a list of payment systems supported, etc.

Customers' testimonials

Until Oct 2024 our users who already tried the broker left 3 testimonials: 3 positive reviews. The testimonials we are receiving from our dear visitors are the most vital for our assessment should we add PayBis to the approved exchanges list or not. Do you have any experience dealing with the broker? If you do, please spend a few seconds and share your expertise. We'd love to know what's your personal opinion about PAYBIS!

What can we say? So far, the reviews are great, 100% positive feedback is a good sign that PayBis could be added to our listing soon! Do you have something to add? Can't wait to hear from you!

FAQ about PayBis

PayBis vs other exchanges

In case you prefer to deal with a broker that was already fully checked and rated by our reviewers, algorithms, and the actual clientele, we took the liberty to compile a list of alternative sites you may use instead of PayBis. There are similar exchanges providing more or less the same services; let's see what else is available right away and compare it to the reviewed business! Besides, we found platforms having similar rating that are popular in United States particularly and North America in general. And by the way, if you are eager to pick an exchange basing on a rate and fees mostly, our price comparison platform always finds the most reasonable exchange rates in United States!

PayBis vs 1-online

A comparison of the key features and the principal facts about 1-ONLINE versus PayBis; just take a glance to decide if 1-online will be the optimal choice for you or at least if it's worth checking our full study:

review of 1-online, users' testimonials

• 1-online is a broker The way paybis.com website functions fits the broker format, both following the same approach to the business.
• 1-online had launched the service February 2017 PayBis started the project April 2015 (PayBis operated 1 years and 10 months longer).
• 1-online operates without any registration or no information is available about the legal entity PayBis is registered as a standard limited liability company without any special licenses, whatever (PayBis 's approach to the business made it a safer and more stable solution).
• 1-online allows users' registrations from 255 countries; and we are glad to say that the people from United States are welcome You are permitted to register at the PayBis being a resident of any of 241 countries; United States is granted with an access among all others (PayBis green-lights some less countries).
• When the client needs to pass through the KYC process at 1-online, they usually ask to provide some (it depends on various factors) documents and / or specific procedures In most of the cases, it takes about a day or two, as per the actual clientele survey results The process of Customer Identification at PayBis typically involves 3 individual procedures: the ID Verification, Phone Number Confirmation, an Address Confirmation. (PayBis would likely require you spending more time and efforts to verify your account).
• As per our analysis of the community feedback, 1-online currently process orders to deposit and withdraw funds instantly, without any delay at all or in matter of seconds The actual PayBis users reported that the process of a deposit or withdrawal took about a few seconds or instantly, with zero delay (PayBis & 1-online execute the deposits and withdrawals of crypto and fiat equally fast).
• Our visitors shared 5 reviews about 1-online, 100% of those are positive As of today, PayBis gained 3 clients testimonials, 100% of these are positive (PayBis & 1-online managed to get the same percentage of positive feedback from their users).

So, is 1-online a better alternative to PayBis? Such a conclusion by any means can't be drawn by us instead of you, but we'll try to assist with the matter. Since the 1-ONLINE exchange service got a lower rating at our platform: 67 versus 86 that PayBis accomplished, our advice is either to go for PayBis, or, even better to look into few others first; particularly the ranked "best-of-the-best" TransCoin!

Like reading? In fact, there are more exchanges worth comparing to PayBis, such as:

• PayBis vs 1-online
• PayBis vs 100monet
• PayBis vs WMexpress
• PayBis vs chby
• PayBis vs TransCoin

PayBis vs 100monet

A comparison of the key features and the principal facts about 100MONET versus PayBis; just take a glance to decide if 100monet will be the optimal choice for you or at least if it's worth checking our full study:

review of 100monet, users' testimonials

• 100monet is a broker The way paybis.com website functions fits the broker format, both following the same approach to the business.
• 100monet had launched the service December 2014 PayBis started the project April 2015 (100monet is operating for 4 months longer).
• 100monet operates without any registration or no information is available about the legal entity PayBis is registered as a standard limited liability company without any special licenses, whatever (PayBis 's approach to the business made it a safer and more stable solution).
• 100monet allows users' registrations from 255 countries; and we are glad to say that the people from United States are welcome You are permitted to register at the PayBis being a resident of any of 241 countries; United States is granted with an access among all others (PayBis green-lights some less countries).
• When the client needs to pass through the KYC process at 100monet, they usually ask to provide some (it depends on various factors) documents and / or specific procedures The process of Customer Identification at PayBis typically involves 3 individual procedures: the ID Verification, Phone Number Confirmation, an Address Confirmation. (PayBis would likely require you spending more time and efforts to verify your account).
• As per our analysis of the community feedback, 100monet currently process orders to deposit and withdraw funds in approx. 5-15 mins The actual PayBis users reported that the process of a deposit or withdrawal took about a few seconds or instantly, with zero delay (PayBis processes requests to deposit and withdraw funds faster
• Our visitors shared 6 reviews about 100monet, 83% of those are positive As of today, PayBis gained 3 clients testimonials, 100% of these are positive (PayBis is finer reviewed by the clients).

So, is 100monet a better alternative to PayBis? Such a conclusion by any means can't be drawn by us instead of you, but we'll try to assist with the matter. Since the 100MONET exchange service got a lower rating at our platform: 67 versus 86 that PayBis accomplished, our advice is either to go for PayBis, or, even better to look into few others first; particularly the ranked "best-of-the-best" TransCoin!

Like reading? In fact, there are more exchanges worth comparing to PayBis, such as:

• PayBis vs 1-online
• PayBis vs 100monet
• PayBis vs WMexpress
• PayBis vs chby
• PayBis vs TransCoin

PayBis vs WMexpress

A comparison of the key features and the principal facts about WMEXPRESS versus PayBis; just take a glance to decide if WMexpress will be the optimal choice for you or at least if it's worth checking our full study:

review of WMexpress, users' testimonials

• WMexpress is a broker The way paybis.com website functions fits the broker format, both following the same approach to the business.
• WMexpress had launched the service August 2015 PayBis started the project April 2015 (PayBis operated 4 months longer).
• WMexpress operates without any registration or no information is available about the legal entity PayBis is registered as a standard limited liability company without any special licenses, whatever (PayBis 's approach to the business made it a safer and more stable solution).
• WMexpress allows users' registrations from 255 countries; and we are glad to say that the people from United States are welcome You are permitted to register at the PayBis being a resident of any of 241 countries; United States is granted with an access among all others (PayBis green-lights some less countries).
• When the client needs to pass through the KYC process at WMexpress, they usually ask to provide some (it depends on various factors) documents and / or specific procedures In most of the cases, it takes about a day or two, as per the actual clientele survey results The process of Customer Identification at PayBis typically involves 3 individual procedures: the ID Verification, Phone Number Confirmation, an Address Confirmation. (PayBis would likely require you spending more time and efforts to verify your account).
• As per our analysis of the community feedback, WMexpress currently process orders to deposit and withdraw funds in just few minutes The actual PayBis users reported that the process of a deposit or withdrawal took about a few seconds or instantly, with zero delay (PayBis processes requests to deposit and withdraw funds faster
• Our visitors shared 7 reviews about WMexpress, 100% of those are positive As of today, PayBis gained 3 clients testimonials, 100% of these are positive (PayBis & WMexpress managed to get the same percentage of positive feedback from their users).

So, is WMexpress a better alternative to PayBis? Such a conclusion by any means can't be drawn by us instead of you, but we'll try to assist with the matter. Since the WMEXPRESS exchange service got a lower rating at our platform: 71 versus 86 that PayBis accomplished, our advice is either to go for PayBis, or, even better to look into few others first; particularly the ranked "best-of-the-best" TransCoin!

Like reading? In fact, there are more exchanges worth comparing to PayBis, such as:

• PayBis vs 1-online
• PayBis vs 100monet
• PayBis vs WMexpress
• PayBis vs chby
• PayBis vs TransCoin

PayBis vs chby

A comparison of the key features and the principal facts about CHBY versus PayBis; just take a glance to decide if chby will be the optimal choice for you or at least if it's worth checking our full study:

review of chby, users' testimonials

• chby is a broker The way paybis.com website functions fits the broker format, both following the same approach to the business.
• chby had launched the service July 2018 PayBis started the project April 2015 (PayBis operated 3 years and 3 months longer).
• chby operates without any registration or no information is available about the legal entity PayBis is registered as a standard limited liability company without any special licenses, whatever (PayBis 's approach to the business made it a safer and more stable solution).
• chby allows users' registrations from 255 countries; and we are glad to say that the people from United States are welcome You are permitted to register at the PayBis being a resident of any of 241 countries; United States is granted with an access among all others (PayBis green-lights some less countries).
• When the client needs to pass through the KYC process at chby, they usually ask to provide some (it depends on various factors) documents and / or specific procedures In most of the cases, it takes about a day or two, as per the actual clientele survey results The process of Customer Identification at PayBis typically involves 3 individual procedures: the ID Verification, Phone Number Confirmation, an Address Confirmation. (PayBis would likely require you spending more time and efforts to verify your account).
• As per our analysis of the community feedback, chby currently process orders to deposit and withdraw funds in just few minutes The actual PayBis users reported that the process of a deposit or withdrawal took about a few seconds or instantly, with zero delay (PayBis processes requests to deposit and withdraw funds faster
• Our visitors shared 6 reviews about chby, 100% of those are positive As of today, PayBis gained 3 clients testimonials, 100% of these are positive (PayBis & chby managed to get the same percentage of positive feedback from their users).

So, is chby a better alternative to PayBis? Such a conclusion by any means can't be drawn by us instead of you, but we'll try to assist with the matter. Since the CHBY exchange service got a lower rating at our platform: 70 versus 86 that PayBis accomplished, our advice is either to go for PayBis, or, even better to look into few others first; particularly the ranked "best-of-the-best" TransCoin!

Like reading? In fact, there are more exchanges worth comparing to PayBis, such as:

• PayBis vs 1-online
• PayBis vs 100monet
• PayBis vs WMexpress
• PayBis vs chby
• PayBis vs TransCoin

PayBis vs TransCoin

A comparison of the key features and the principal facts about TRANSCOIN versus PayBis; just take a glance to decide if TransCoin will be the optimal choice for you or at least if it's worth checking our full study:

review of TransCoin, users' testimonials

• TransCoin is a broker The way paybis.com website functions fits the broker format, both following the same approach to the business.
• TransCoin had launched the service May 2018 PayBis started the project April 2015 (PayBis operated 3 years and 1 months longer).
• TransCoin has all the business licenses and permissions, required by law PayBis is registered as a standard limited liability company without any special licenses, whatever (TransCoin's business model makes it a better, safer choice for the customers).
• TransCoin allows users' registrations from 255 countries; and we are glad to say that the people from United States are welcome You are permitted to register at the PayBis being a resident of any of 241 countries; United States is granted with an access among all others (PayBis green-lights some less countries).
• When the client needs to pass through the KYC process at TransCoin, they usually ask to provide some (it depends on various factors) documents and / or specific procedures The process of Customer Identification at PayBis typically involves 3 individual procedures: the ID Verification, Phone Number Confirmation, an Address Confirmation. (PayBis would likely require you spending more time and efforts to verify your account).
• Our visitors shared 5 reviews about TransCoin, 100% of those are positive As of today, PayBis gained 3 clients testimonials, 100% of these are positive (PayBis & TransCoin managed to get the same percentage of positive feedback from their users).

So, is TransCoin a better alternative to PayBis? Such a conclusion by any means can't be drawn by us instead of you, but we'll try to assist with the matter. In view of the lesser rating score PayBis achieved: 86 vs TransCoin rated 100, we honestly believe that TRANSCOIN should do the job better than the reviewed broker; certainly worth testing!

read more about TransCoin

or

try TransCoin now!

Like reading? In fact, there are more exchanges worth comparing to PayBis, such as:

• PayBis vs 1-online
• PayBis vs 100monet
• PayBis vs WMexpress
• PayBis vs chby
• PayBis vs TransCoin

Conclusion: is PayBis legit or scam?

Seems it's time to finalize the report, to make a judgment call. Is PayBis a scam or is it a legitimate exchange? How secure the paybis.com website is? Can you trust PayBis with your money? And (in our case) the most frequently asked question: Why the broker is not yet ranked at ExchangeRates.Pro? Let's start by answering the last question and, you'll see, the replies to the rest will follow. Can't wait? Help yourself jumping to the final verdict!

Why we hadn't yet ranked and fully listed PAYBIS and what does it mean?

The routine for adding a new exchange, especially if it's a Broker, to ExchangeRates.Pro listing is rather a long process and it depends on few factors we don't control directly. Our approach to the process is «better be safe than sorry»; we already have 37 well-tested platforms providing similar to PayBis functionality. 22 different exchange websites of broker type are among those and additionally, there are 4 peer-to-peer marketplaces. 10,613 exchange offers are available right away; these cover almost all the payment systems and local banks available in United States and North America for buying and selling BTC, cryptos, and tokens with US Dollar, EURos, whatever. Hence, we never hurry to add more websites until we are 100% sure we did everything we could to verify the data and test every service well ourselves. It takes time. Moreover, there are two circumstances that are out of our direct control:

1. All the exchange services, most notably the broker type ones are staying in the "pending approval" state until we collect at least a few reviews from the genuine customers, the ones we can actually verify. In addition, we monitor the clients' testimonials at the trusted review platforms, social networks, etc., and postpone the approval until we find enough evidence that the broker has no unresolved complaints and there are enough convincing users recommendations.
2. We receive the new applications daily and like over 90% are from the other Brokers. It consumes a lot of time to check each and every one; there's a large queue and we have to be selective when choosing which applications to process first.

Exceptions from these two rules may happen only in very rare extraordinary cases. As you can see, we move forward with listing new exchanges slowly and the queue for Brokers is the largest one, but as a consequence, only the best brokers are getting approved. Although we can't endorse PayBis and hadn't rated it (in full) yet, we believe that it should get approval if we won't receive any complaints.

So is PayBis a legit exchange or a fraud?

PayBis's profile really impresses! The scores look just like the ones for proven industry leaders, there are some nice reviews from the real clients, we are fascinated! Should we add that it's definitely not a scam? We consider this broker to be listed among approved websites soon and can recommend you try it yourself; you shouldn't be disappointed! And please, don't forget to post a testimonial after your exchange will be completed.

Alternative solution: how to find the best rate to exchange BTC & crypto in United States and North America

There is another way of finding the most worthy alternative to PayBis that will work best for you. What if instead of opposing the features of various exchanges we'll compare the terms of the specific offerings that all the marketplaces, brokers, dealers, and even individual exchangers provide? That's exactly what our platform does! We assist you in choosing the most appropriate deal considering:

• The fees and rates provided at the moment by 21 exchange websites of a "Broker" type and 10,613 other offers.
• BTC/USD exchange rate at those ; the availability of service for the residents of United States.
• Which local banks & payment systems out of 154 serving US are the fastest, most convenient and cost-efficient personally for you.
• Amount you need to swap: say, the conditions for exchanging USD 1 will be significantly different from the terms of $58,802.0 conversion.
• And of course, you see the rating, users reviews (up-to-date 539 real clients testimonials), etc. for all the offers available!

Our platform could find 49 offers to buy, sell, exchange BTC available to users from United States, and 42 of these are for the US Dollar currency. There are totally 27 exchange services supporting US. Some of those are providing the access to USD|BTC market, including such types as e-wallet, P2P Marketplace, Trading Platform, etc. 5 exchanges has active offers for these currencies right now; you can buy/sell using 20 local and international payment systems & banks! The local dealers and exchanges are mentioning the support of 17 local banking institutions and the payment systems. According to the latest data we have, the lowest fee to purchase BTC with USD locally is available for Etana, that's a local payment system. The most popular domestic options for purchasing BTC @ US:

• Barter from Flutterwave | 50 ads
• GoBank Card | 34 ads
• MyVanilla Reloadable | 22 ads
• JCPenney | 13 ads
• Cash in Person | 5 ads
• Paypal | 5 ads
• Nike | 4 ads
• Cash App (Square) | 4 ads
• Other Gift Cards | 4 ads
• Visa & Mastercard | 3 ads

Our software couldn't get an access to the data what's available at paybis.com for the clients from United States, however we are sure that you'll find a worthy alternative on one of 36 exchange websites we compare the rates at! Check out what the local dealers and platforms are offering: currently there are 17 domestic banks supported. Besides, you may find something interesting browsing 10,613 offers available with 20 ways to pay internationally, either to neighboring countries in North America or to any other part of the world.