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PayBis review & 3 testimonials (updated 09.2019)

PayBis user interface: the home page in English

What is PayBis in a nutshell? It's a trusted, well established, promising exchange service (broker) supporting 8 cryptocurrencies: you can buy and sell coins using 3 fiat currencies (7 banks & payment systems are supported). Exchange service started the business Apr 2015, it serves the clients for a few years.

This service works with a number of currencies, banks, and payment systems. Hence to estimate the fees level we calculated an average fee you'll spend for an exchange here. Based on this number (4.96%) we may say that PayBis charges relatively high fees: 4% — 11% (although, according to our statistics 88% exchanges take higher average fee) and has the high purchase limits available: $20 — $200,000 (in accordance with the statistics we've collected, 93% exchanges allow lower limits for orders). This Broker welcomes customers from 241 countries (including your country: United States!). It serves the US and allows registrations from 46 states and territories. According to the feedback from users, customer service is below average; although the exchange is always instant or so. You will have to verify your account (ID Verification, Phone Number Confirmation, Address Confirmation should be normally required) before being able to use the service.

Since 2015, PayBis has got a few great testimonials from the customers: just our platform, that was recently launched, has 3 user reviews, 100% of those are positive. The majority of the users value the fast order processing, most of all. Our platform assigns the PayBis 95/100 rating: it's the great result, higher than 99% of the competition! For example, Changelly and CEX are ranked below, although BTCBIT (96/100) has better rank among our community members.

Based on all these facts, our verdict is the following: PayBis is a perfectly safe place to buy and sell cryptocurrencies, almost an ideal exchange with great feedback we can recommend to our dear visitors!

Overview: is PayBis safe?

PayBis is the Broker; PayBis LTD (dba PayBis) started the business in April 2015. The company is based in the United Kingdom with the headquarters located in the Edinburgh. Official PayBis address is 35/3 Buchanan Street, Edinburgh, EH6 8RB, UK.

PayBis was founded by Inokentijs Isers & Arturs Markevics. 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.

Answering the question how safe is PayBis:

PayBis is definitely safe! 95/100 rating is rather hard to get, 99% exchanges have lower rating! Let's break down how the PayBis exchange got such a rating.
Time in the business: 4 years 8 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

Overall rating for PayBis: 95 / 100

Pros & Cons of PayBis

Since PayBis is rated very highly by our visitors, it should have a lot of strong sides and just a few downsides. Let's check it out:

  • Broker operates for a long time, service was started 2015.04.
  • Paybis earned perfect testimonials from the clientele.
  • 8 digital currencies and 3 fiat ones are supported. Although, a lot of payment systems & banks, totally 7 are supported, both international and national ones: Visa & Mastercard, Advanced Cash, Payeer, etc.
  • High purchase and withdrawal limits.
  • Almost all the countries in the world are welcomed here! Feel free to check if your country is allowed to register an account.
  • The fees are rather high.
  • Brokers are less regulated exchanges, you are basically on your own if you have problems with such a service.

Seems that there are not so many cons, but a lot of pros. We hope you will enjoy your experience exchanging at PayBis! Try PayBis today and let us know how you like it!

Services, PayBis Provides

The platform provides the following cryptocurrency exchange-related services:

  • Allows the customers to buy cryptocurrencies with fiat currencies
  • Provides the clients with ways to "cash out" the crypto to fiat currency

As we can see, PayBis doesn't provide any services besides the cryptocurrency exchange, althought it's safe to say that it does it better than many competitors!

Currencies & Payment Systems

PayBis provides the service of buying and selling 8 digital currencies using fiat currencies. The following cryptocurrencies are available to buy/sell: Binance Coin (BNB), Bitcoin (BTC), Ether (ETH), Litecoin (LTC), NEO (NEO), TRON (TRX), Stellar (XLM), Ripple (XRP).

If you are not sure, which one of these electronic currencies you are most interested in, you are welcome to read our guides. For example, these: Cryptocurrencies under $1 to invest in 2019.

3 fiat currencies are supported to provide crypto purchase and selling: Euro (EUR), Pound Sterling (GBP), US Dollar (USD). The Broker will let you buy and sell Bitcoins and 7 other cryptos using the following payment systems:

  • Visa & Mastercard. An international payment system (available worldwide) allowing credit/debit cards payments in various currencies. EUR, USD and GBP payments are available for both buying and selling cryptocurrencies at this exchange. Visa & Mastercard is a popular way to buy BTC and other cryptocurrencies available at 78 exchanges of various types. You are welcome to find the best rate for buying bitcoin with visa & mastercard at our home page!
  • Advanced Cash. An international payment system (available worldwide) allowing other payments in various currencies. EUR and USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • Payeer. An international payment system (available worldwide) allowing other payments in various currencies. EUR and USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • SEPA Transfer. An international payment system (it's available in 46 countries) allowing international bank transfers payments in Euro currency. Just the EUR payments are available for purchasing cryptos at the exchange.
  • Skrill. An international payment system (available worldwide) allowing e-wallet payments in various currencies. EUR, GBP and USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • NETELLER. An international payment system (it's available in 202 countries) allowing e-wallet payments in various currencies. EUR and USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • SWIFT Transfer. An international payment system (available worldwide) allowing international bank transfers payments in various currencies. EUR and USD payments are available for both buying and selling cryptocurrencies at this exchange.

PayBis fees

The fees you need to pay at this broker during the process of buying and selling cryptocurrencies are easier to understand if you break it down like that (note that you can skip the details, jumping to the conclusion):

  1. Service/processing fee. Depending on the fiat payment system and currency, it's as follows:
    • Commission when you are receiving funds to Advanced Cash in US Dollar: 6%
    • Commission when you are receiving funds to Advanced Cash in Euro: 6%
    • 4% when you pay money using Advanced Cash in US Dollar.
    • 4% when you pay money using Advanced Cash in Euro.
    • Commission when you are receiving funds to NETELLER in US Dollar: 4%
    • Commission when you are receiving funds to NETELLER in Euro: 2%
    • 6% when you pay money using NETELLER in US Dollar.
    • 9% when you pay money using NETELLER in Euro.
    • Commission when you are receiving funds to Payeer in US Dollar: 0%
    • Commission when you are receiving funds to Payeer in Euro: 0%
    • 6% when you pay money using Payeer in Euro.
    • 4% when you pay money using Payeer in US Dollar.
    • 1% when you pay money using SEPA Transfer in Euro.
    • 1% when you pay money using SWIFT Transfer in Euro.
    • 2% when you pay money using SWIFT Transfer in US Dollar.
    • Commission when you are receiving funds to SWIFT Transfer in Euro: 1%
    • Commission when you are receiving funds to Skrill in US Dollar: 1%
    • Commission when you are receiving funds to Skrill in Euro: 2%
    • Commission when you are receiving funds to Skrill in Pound Sterling: 10%
    • 11% when you pay money using Skrill in US Dollar.
    • 9% when you pay money using Skrill in Euro.
    • 10% when you pay money using Skrill in Pound Sterling.
    • 9% when you pay money using Visa & Mastercard in US Dollar.
    • 10% when you pay money using Visa & Mastercard in Euro.
    • 10% when you pay money using Visa & Mastercard in Pound Sterling.
    • Commission when you are receiving funds to Visa & Mastercard in US Dollar: 3%
    • Commission when you are receiving funds to Visa & Mastercard in Euro: 3%
  2. Miners fee. Please note that this fee applies only when you buy bitcoin or other cryptocurrency!
    • 0 BTC: great news! at the moment there is no such a fee!

Are PayBis fees high or low?

Now it's time to draw a conclusion: considering the average fee the exchange changes for an operation we can state that PayBis takes relatively high fees from the customers. According to our statistics, fairly big percent of the exchanges charge some less (although please be aware that it mostly depends on the exchange direction!) than PayBis does. For example, an average fee you pay to buy Bitcoin with Visa & Mastercard in USD across various exchange brokers, trading platforms, p2p marketplaces and e-wallets is 16%, PayBis charges 9% for this. A nice opportunity and as you can see, the fee is low enough! Hence we know that PayBis fees for certain exchange directions are rather moderate.

Buying and selling limits

This Broker has the following limits, applicable when you buy or sell cryptocurrencies:

  1. Purchase limits (when you buy crypto).
    • $50 minimal buy and $30,000 max purchase when using Advanced Cash in US Dollar.
    • €50 minimal buy and €30,000 max purchase when using Advanced Cash in Euro.
    • $20 minimal buy and $25,000 max purchase when using NETELLER in US Dollar.
    • €20 minimal buy and €22,580 max purchase when using NETELLER in Euro.
    • €50 minimal buy and €13,550 max purchase when using Payeer in Euro.
    • $50 minimal buy and $15,000 max purchase when using Payeer in US Dollar.
    • €200 minimal buy and €200,000 max purchase when using SEPA Transfer in Euro.
    • €200 minimal buy and €200,000 max purchase when using SWIFT Transfer in Euro.
    • $200 minimal buy and $200,000 max purchase when using SWIFT Transfer in US Dollar.
    • $50 minimal buy and $25,000 max purchase when using Skrill in US Dollar.
    • €50 minimal buy and €22,580 max purchase when using Skrill in Euro.
    • £40 minimal buy and £19,010 max purchase when using Skrill in Pound Sterling.
    • $70 minimal buy and $20,000 max purchase when using Visa & Mastercard in US Dollar.
    • €60 minimal buy and €18,070 max purchase when using Visa & Mastercard in Euro.
    • £50 minimal buy and £15,210 max purchase when using Visa & Mastercard in Pound Sterling.
  2. Withdrawal limits (when you out-exchange crypto to the fiat money).
    • $47 min and $3,401 maximal withdrawal when receiving money to Advanced Cash in US Dollar.
    • €47 min and €4,592 maximal withdrawal when receiving money to Advanced Cash in Euro.
    • $48 min and $9,564 maximal withdrawal when receiving money to NETELLER in US Dollar.
    • €49 min and €9,760 maximal withdrawal when receiving money to NETELLER in Euro.
    • $50 min and $10,000 maximal withdrawal when receiving money to Payeer in US Dollar.
    • €50 min and €10,000 maximal withdrawal when receiving money to Payeer in Euro.
    • €197 min and €1,000 maximal withdrawal when receiving money to SWIFT Transfer in Euro.
    • $49 min and $9,900 maximal withdrawal when receiving money to Skrill in US Dollar.
    • €49 min and €9,706 maximal withdrawal when receiving money to Skrill in Euro.
    • £45 min and £8,915 maximal withdrawal when receiving money to Skrill in Pound Sterling.
    • $48 min and $4,810 maximal withdrawal when receiving money to Visa & Mastercard in US Dollar.
    • €48 min and €4,810 maximal withdrawal when receiving money to Visa & Mastercard in Euro.

And the good news: there are no limits on other payment systems (the limitations the payment system has aside) PayBis supports! Comparing to other exchanges, PayBis has one of highest buying and selling limits on the whole exchange market!

Supported countries

Platform allows the users from 241 countries to use the exchange. The following countries are supported by the broker:

  • 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)
  • Croatia (HR)
  • Cuba (CU)
  • Curaçao (CW)
  • Cyprus (CY)
  • Czech Republic (CZ)
  • Côte d’Ivoire (CI)
  • 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)
  • Romania (RO)
  • Russia (RU)
  • Rwanda (RW)
  • Réunion (RE)
  • Samoa (WS)
  • San Marino (SM)
  • 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)
  • São Tomé & Príncipe (ST)
  • 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)
  • U.S. Outlying Islands (UM)
  • U.S. Virgin Islands (VI)
  • Uganda (UG)
  • Ukraine (UA)
  • United Arab Emirates (AE)
  • United Kingdom (GB)
  • United States (US)
  • Uruguay (UY)
  • Uzbekistan (UZ)
  • Vanuatu (VU)
  • Vatican City (VA)
  • Venezuela (VE)
  • Vietnam (VN)
  • Wallis & Futuna (WF)
  • Western Sahara (EH)
  • Zambia (ZM)
  • Zimbabwe (ZW)

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

USA flag

Yes, PayBis allows the registrations from the United States! Broker permits the users from 46 states and territories to register at and use the services exchange provides:

  • 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)

It's possible to use the USD currency to buy/sell 8 cryptocurrencies at the PayBis: 6 banks and payment systems totally (out of the 7 the broker supports, that's 86% of all the available ones) can be used by people from the U.S.A.:

  • Advanced Cash
  • NETELLER
  • Payeer
  • SWIFT Transfer
  • Skrill
  • Visa & Mastercard

Customer service

Sorry, but we haven't collected enough data about this yet. Do you have any experience exchanging with the PayBis? Can you please add your testimonial? This will help everyone a lot, thanks!

Verification at PayBis

The broker requires it's clients to pass through obligatory user identification (account verification). The following procedures should be completed before the client will be able to buy and sell on the exchange:

  • ID verification
  • Phone confirmation
  • Address confirmation

According to the customers surveys results, the average time to verify an account at PayBis is the following:

Sorry, we haven't yet collected enough data. Do you know, how fast PayBis does account verification? Kindly let us know, too. Thank you very much!

Deposit/withdrawal speed

Although according to the data we have, the process of exchange is fully automated on this broker, you may face some delay when you send the money "outside", i.e. say you are withdrawing the BTC you purchased to your personal wallet. Let's see what other cryptocurrency enthusiasts say about how fast is PayBis!

Exchange is instant, zero delay: 1 votes
It's near instant, process takes less than 5 minutes: 0 votes
Order should be ready in 5-15 mins: 0 votes
It may take up to an hour to get your funds: 0 votes
Orders are completed during few hours: 0 votes
It takes up to 24 hours to get your money: 0 votes
Exchange may take a few days: 0 votes
The delay can be over a week: 0 votes

Is PayBis instant?

So, what can we see? According to the feedback we got from other users of this broker worldwide, PayBis is instant: money arrives right after you order it all the time. That's great to know!

Customers' testimonials

Our users left 3 testimonials about their experience dealing with PayBis, 100% of the testimonials are positive, 0% are neutral and there are 0 negative ones. Feel free to read as many of these as you like!

NickyM., 1 testimonials
@ 14 Sep 2019
CardiB., 5 testimonials
@ 13 Sep 2019
SatoshiN., 71 testimonials
@ 06 Sep 2019
No more testimonials to show. The rest are either outdated or written in other languages. If you have any experience dealing with PayBis, can you please leave your testimonial? Thanks!

Overall result if great! 100% positive testimonials is something the business owners are very proud of, such a rating is hard to get and even harder to maintain! It means the community really trusts and likes the PayBis services, so most likely, you'd enjoy it too!

FAQ about PayBis

Does PayBis holds my funds?

It does not! One of the best things dealing with the brokers is that unlike most of other exchanges, such businesses instantly deliver your funds to your own wallet after the payment clearance.

Is PayBis a good broker?

According to our rating and the clients' testimonials, it is! Feel free to get acquainted with the details reading this review or just jump to the conclusion!

Is PayBis licensed? Does it hold e-money license?

It is not, although seems that such business model complies with the regulation in PayBis home country.

Is PayBis a ripoff?

It definitely isn't! Feel free to read the whole this review to understand why or check our conclusion: is PayBis legit or scam.

PayBis vs other exchanges

Let's compare PayBis to other similar exchange services with similar features: others of broker type mostly. Besides, seems reasonable to compare the platform with the exchanges having similar rating and serving (mostly) the same geographic, etc. Remember that if you wish to find the exchange offering the best price to buy/sell Bitcoin and 33 other cryptos, check the best rates to buy bitcoin and crypto in United States!

PayBis vs Bitonic

Let's compare the key features of these two platforms to see which one suits you best:

  • Bitonic is a broker PayBis is a broker, both are using the same business model.
  • Bitonic had started the business May 2012 PayBis started the business April 2015 (Bitonic is working for 2 years and 11 months longer time).
  • Bitonic has all the required business licenses and permissions PayBis is an ordinary company without licenses, etc. (Bitonic's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, Bitonic provides the following extra services: Merchant Services PayBis provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • Bitonic supports 1 cryptocurrencies PayBis allows to exchange 8 cryptos (PayBis supports 7 cryptocurrencies more).
  • 1 fiat currencies are available at Bitonic You'll be able to use 3 fiat currencies to swap with digital ones at PayBis (PayBis supports 2 fiat currencies more).
  • Bitonic accepts deposits from and allows withdrawals to 3 fiat payment systems / banks PayBis allows the user to utilize 7 various fiat payment systems and/or banks (PayBis supports 4 fiat payment systems and banks more).
  • Bitonic charges 0.0% fee PayBis charges the client 4% — 11% fee, depending on the currency, payment system, etc. (PayBis has higher fees, generally).
  • Buying limits at Bitonic start from $1 and are up to $2,768 Deposit/withdraw limits at PayBis are $20 — $200,000 depending on the payment method (PayBis has higher buying/selling limits).
  • Bitonic allows registrations from 46 countries; we are sorry, but United States is not supported this time You may register at PayBis if you reside in one of 241 countries; it serves United States among others (PayBis supports more countries worldwide).
  • During the account verification Bitonic usually asks for 3 documents and/or procedures: (id verification, phone confirmation, a bank account verification) User identification at PayBis usually consists of 3 different procedures: id verification, phone confirmation, address confirmation (PayBis 's KYC policy requires the customer to take less actions or to provide less data).
  • Due to results of community feedback, Bitonic process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated Due to results of community feedback, PayBis process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated (PayBis & Bitonic process the deposits and withdrawals with equal speed).
  • Our users left 5 testimonials about Bitonic, 100% of which are positive We've collected 3 users testimonials about PayBis, 100% are positive (PayBis & Bitonic share the same percentage of positive user reviews).

Although the final decision, which exchange — Bitonic or PayBis — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although PayBis has a lower total rating 95 vs Bitonic with 100, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

PayBis vs MagneticExchange

Let's compare the key features of these two platforms to see which one suits you best:

  • MagneticExchange is a broker PayBis is a broker, both are using the same business model.
  • MagneticExchange had started the business May 2011 PayBis started the business April 2015 (MagneticExchange is working for 3 years and 11 months longer time).
  • MagneticExchange is an ordinary company without licenses, etc. PayBis is an ordinary company without licenses, etc. (both exchange services operate using the same approach to the business, utilizing a same legal model).
  • Besides buying, selling and exchanging cryptocurrencies, MagneticExchange provides no extra services PayBis provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • MagneticExchange supports 6 cryptocurrencies PayBis allows to exchange 8 cryptos (PayBis supports 2 cryptocurrencies more).
  • 5 fiat currencies are available at MagneticExchange You'll be able to use 3 fiat currencies to swap with digital ones at PayBis (PayBis supports 2 fiat currencies less).
  • MagneticExchange accepts deposits from and allows withdrawals to 18 fiat payment systems / banks PayBis allows the user to utilize 7 various fiat payment systems and/or banks (PayBis supports 11 banks and fiat payment systems less).
  • MagneticExchange charges 3% — 17% fee PayBis charges the client 4% — 11% fee, depending on the currency, payment system, etc. (PayBis has lower fees in general).
  • Buying limits at MagneticExchange start from $7 and are up to $8,321 Deposit/withdraw limits at PayBis are $20 — $200,000 depending on the payment method (PayBis has lower buying/selling limits).
  • MagneticExchange allows registrations from 254 countries; we are sorry, but United States is not supported this time You may register at PayBis if you reside in one of 241 countries; it serves United States among others (PayBis supports less countries).
  • During the account verification MagneticExchange usually asks for 1 document / procedure: (id verification) User identification at PayBis usually consists of 3 different procedures: id verification, phone confirmation, address confirmation (PayBis 's KYC policy requires the customer to take less actions or to provide less data).
  • Due to results of community feedback, MagneticExchange process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated Due to results of community feedback, PayBis process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated (PayBis & MagneticExchange process the deposits and withdrawals with equal speed).
  • Our users left 7 testimonials about MagneticExchange, 100% of which are positive We've collected 3 users testimonials about PayBis, 100% are positive (PayBis & MagneticExchange share the same percentage of positive user reviews).

Although the final decision, which exchange — MagneticExchange or PayBis — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since both exchanges are equally rated, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

PayBis vs Changelly

Let's compare the key features of these two platforms to see which one suits you best:

  • Changelly is a broker PayBis is a broker, both are using the same business model.
  • Changelly had started the business December 2013 PayBis started the business April 2015 (Changelly is working for 1 years and 3 months longer time).
  • Changelly has all the required business licenses and permissions PayBis is an ordinary company without licenses, etc. (Changelly's business model is more stable and safer for clients).
  • Besides the crypto to crypto exchange, Changelly provides no extra services PayBis provides more exchange-related services: it allows us to purchase and sell digital currencies.
  • Changelly supports 28 cryptocurrencies PayBis allows to exchange 8 cryptos (PayBis supports 20 cryptocurrencies less).
  • Changelly doesn't have any fiat currencies supported You'll be able to use 3 fiat currencies to swap with digital ones at PayBis (PayBis supports 3 fiat currencies more).
  • Changelly doesn't allow any fiat payments PayBis allows the user to utilize 7 various fiat payment systems and/or banks (PayBis supports 7 fiat payment systems and banks more).
  • Changelly allows registrations from 242 countries; we are sorry, but United States is not supported this time You may register at PayBis if you reside in one of 241 countries; it serves United States among others (PayBis supports less countries).
  • Changelly allows the user to be anonymous, there is no account verification, etc. User identification at PayBis usually consists of 3 different procedures: id verification, phone confirmation, address confirmation (PayBis 's compliance program requires the client to take more actions or to provide more data).
  • Due to results of community feedback, Changelly process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated Due to results of community feedback, PayBis process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated (PayBis & Changelly process the deposits and withdrawals with equal speed).
  • Our users left 17 testimonials about Changelly, 94% of which are positive We've collected 3 users testimonials about PayBis, 100% are positive (PayBis has better testimonials from the clients

Although the final decision, which exchange — Changelly or PayBis — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although PayBis has a better total rating 95 vs Changelly's 94, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

PayBis vs CEX

Let's compare the key features of these two platforms to see which one suits you best:

  • CEX is a trading platform PayBis is a broker, it has a different business model (feel free to read about the differences between trading platform and broker)
  • CEX had started the business July 2014 PayBis started the business April 2015 (CEX is working for 9 months longer time).
  • CEX has all the required business licenses and permissions PayBis is an ordinary company without licenses, etc. (CEX's business model is more stable and safer for clients).
  • Besides buying, selling and exchanging cryptocurrencies, CEX provides the following extra services: Margin Trading PayBis provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • CEX supports 12 cryptocurrencies PayBis allows to exchange 8 cryptos (PayBis supports 4 cryptocurrencies less).
  • 4 fiat currencies are available at CEX You'll be able to use 3 fiat currencies to swap with digital ones at PayBis (PayBis supports 1 fiat currencies less).
  • CEX accepts deposits from and allows withdrawals to 4 fiat payment systems / banks PayBis allows the user to utilize 7 various fiat payment systems and/or banks (PayBis supports 3 fiat payment systems and banks more).
  • CEX charges 1.0% — 5.0% fee PayBis charges the client 4% — 11% fee, depending on the currency, payment system, etc. (PayBis has higher fees, generally).
  • Buying limits at CEX start from $1,000 and are up to $5,000 Deposit/withdraw limits at PayBis are $20 — $200,000 depending on the payment method (PayBis has higher buying/selling limits).
  • CEX allows registrations from 224 countries; United States is among the supported ones You may register at PayBis if you reside in one of 241 countries; it serves United States among others (PayBis supports more countries worldwide).
  • During the account verification CEX usually asks for 3 documents and/or procedures: (id verification, phone confirmation, selfie) and it takes a day or two in most of the cases User identification at PayBis usually consists of 3 different procedures: id verification, phone confirmation, address confirmation (PayBis 's KYC policy requires the customer to take less actions or to provide less data).
  • Due to results of community feedback, CEX process deposit/withdrawal orders in about in couple of minutes (although the exchange is instant) Due to results of community feedback, PayBis process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated (PayBis processes deposits and withdrawals faster
  • Our users left 14 testimonials about CEX, 93% of which are positive We've collected 3 users testimonials about PayBis, 100% are positive (PayBis has better testimonials from the clients

Although the final decision, which exchange — CEX or PayBis — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although PayBis has a better total rating 95 vs CEX's 92, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

PayBis vs BTCBIT

Let's compare the key features of these two platforms to see which one suits you best:

  • BTCBIT is a broker PayBis is a broker, both are using the same business model.
  • BTCBIT had started the business May 2017 PayBis started the business April 2015 (PayBis operates 2 years and 1 months longer).
  • BTCBIT has all the required business licenses and permissions PayBis is an ordinary company without licenses, etc. (BTCBIT's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, BTCBIT provides no extra services PayBis provides the same number of services as BTCBIT: it allows us to purchase and sell digital currencies.
  • BTCBIT supports 10 cryptocurrencies PayBis allows to exchange 8 cryptos (PayBis supports 2 cryptocurrencies less).
  • 9 fiat currencies are available at BTCBIT You'll be able to use 3 fiat currencies to swap with digital ones at PayBis (PayBis supports 6 fiat currencies less).
  • BTCBIT accepts deposits from and allows withdrawals to 7 fiat payment systems / banks PayBis allows the user to utilize 7 various fiat payment systems and/or banks (PayBis & BTCBIT support the same number of banks and payment systems).
  • BTCBIT charges 3% — 16% fee PayBis charges the client 4% — 11% fee, depending on the currency, payment system, etc. (PayBis has lower fees in general).
  • Buying limits at BTCBIT start from $50 and are up to $10,000 Deposit/withdraw limits at PayBis are $20 — $200,000 depending on the payment method (PayBis has higher buying/selling limits).
  • BTCBIT allows registrations from 221 countries; United States is among the supported ones You may register at PayBis if you reside in one of 241 countries; it serves United States among others (PayBis supports more countries worldwide).
  • BTCBIT allows the user to be anonymous, there is no account verification, etc. User identification at PayBis usually consists of 3 different procedures: id verification, phone confirmation, address confirmation (PayBis 's compliance program requires the client to take more actions or to provide more data).
  • Due to results of community feedback, BTCBIT process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated Due to results of community feedback, PayBis process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated (PayBis & BTCBIT process the deposits and withdrawals with equal speed).
  • Our users left 8 testimonials about BTCBIT, 100% of which are positive We've collected 3 users testimonials about PayBis, 100% are positive (PayBis & BTCBIT share the same percentage of positive user reviews).

Although the final decision, which exchange — BTCBIT or PayBis — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although PayBis has a lower total rating 95 vs BTCBIT with 96, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Conclusion: is PayBis legit or scam?

Now it's time to draw a conclusion, is PayBis a scam or is it a legit exchange? We are 100% sure PayBis is a trusted, legit exchange with great reputation in the community. There is no way it can be called a scam! Let's summarize what we like most (and what we don't) about the PayBis:

  • Although it has no financial licenses, etc. such a business model complies with the regulation
  • The broker doesn't hold customers' funds, instantly delivering monies to your wallet
  • This company has being in the business for a long time; exchange was started 4 years and 8 months ago
  • Exchange supports 8 cryptocurrencies and 3 fiat ones (totally 7 payment systems / banks are available). There are no extra services besides the digital currencies exchange
  • It charges rather high fees: from 4% to 11% depending on the payment method
  • The purchase and withdrawal limits are among the highest: from $20 to $200,000 USD, it depends on a payment system choice
  • PayBis allows registrations from 241 countries; people from United States may use the service
  • Clients' testimonials are perfect, 100% (3 out of 3) note their positive experience dealing with PayBis. According to the customers feedback:
    • Deposits and withdrawals are instant

Overall rating for PayBis: 95 / 100