Currencies: 186 (152 fiat & 34 crypto) Countries: 255 PSs & Banks: 325 Exchanges: 307 Offers:
BTC/USD:

paymarket review & testimonials (updated 11.2019)

paymarket user interface: the home page in English

What is paymarket in a nutshell? It's recently added to our monitoring, promising exchange service (broker) supporting some popular crypto: you can exchange these using the website. Exchange service started the business Oct 2018, it serves the clients over a year.

This Broker welcomes customers from 255 countries (including your country: United States!). It serves the US and allows registrations from all the 56 states and territories. Unfortunately we couldn't yet collect enough data about the order processing speed from the customers of paymarket, maybe you know how fast paymarket processes the orders? If you do, please share the knowledge! Thanks a lot! You won't need to verify your account to use the services of the Broker, paymarket accepts and welcomes anonymous customers!

Since 2018, paymarket is working hard to get great testimonials from the users. Although, since this Broker was recently added to our price comparison platform, we have no user reviews yet. Maybe you can help? If you have any experience dealing with paymarket, can you please leave your testimonial? It will surely be a great help for us and all the community, thanks!

Based on all these facts, our verdict is the following: paymarket is a promising, although not yet reviewed much by our visitors place to exchange Bitcoins, an interesting exchange that we believe will get some nice feedback soon!

Overview: is paymarket safe?

paymarket is the Broker; exchange started the business October 2018. Unfortunately, there is not much information available about the company doing business as paymarket, etc.

Answering the question how safe is paymarket:

We are sorry, our platform has't yet collected enough data, but you can help! We know fairly much about this Broker (please continue reading), but our policies require to collect more testimonials from the users of paymarket to draw a conclusion. Do you have any experience dealing with this service? Please add your feedback, this will be a great help! Or maybe you know someone who does? Kindly ask him/her to tell us about it here! We really appreciate your participation.
Time in the business: 1 year 1 months
Business model: no information available

Overall rating for paymarket: N/A

Pros & Cons of paymarket

Although paymarket is not yet rated by our visitors, there probably are many downsides that people don't like, but there also should be strong sides. Who knows, maybe for you, our dear visitor, these are most important and you'd consider this exchange as one of the best ones. Let's check it out:

  • paymarket allows anonymous customers, there is no verification required for all the exchange directions.
  • Almost all the countries in the world are welcomed here! Feel free to check if your country is allowed to register an account.
  • Paymarket doesn't hold the clients funds, delivering the funds directly to your wallet.
  • Seems that the exchange operates without any business licenses, etc.
  • 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 paymarket! Try paymarket today and let us know how you like it!

Services, paymarket Provides

The platform provides the following cryptocurrency exchange-related services:

  • Helps the visitors to exchange the electronic currencies.

As we can see, paymarket doesn't provide any services besides the cryptocurrency exchange, althought it's definitely not a bad thing; after all, we came here for the crypto exchange, right?

Currencies & Payment Systems

Paymarket provides the service of various cryptocurrencies exchange.

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: Most innovative cryptocurrencies to invest in 2019.

paymarket fees

Unfortunately, the integration data from paymarket is missing, seems that there are some technical issues preventing our bot to crawl the information. We are sorry, but we can't analyze the fees without an access to the data feed, although you can check everything by yourself at the exchange website.

Buying and selling limits

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

We are sorry, but at the moment the data feed from paymarket is missing, so we can't provide you with this information. Please don't hesitate to either check by yourself at their website or just come back later!

Supported countries

Platform allows the users from 255 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)
  • Bahrain (BH)
  • Bangladesh (BD)
  • Barbados (BB)
  • Belarus (BY)
  • Belgium (BE)
  • Belize (BZ)
  • Benin (BJ)
  • Bermuda (BM)
  • Bhutan (BT)
  • Bolivia (BO)
  • Bosnia & Herzegovina (BA)
  • Botswana (BW)
  • Bouvet Island (BV)
  • Brazil (BR)
  • British Indian Ocean Territory (IO)
  • British Virgin Islands (VG)
  • Brunei (BN)
  • Bulgaria (BG)
  • Burkina Faso (BF)
  • Burundi (BI)
  • Cambodia (KH)
  • 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)
  • Ethiopia (ET)
  • 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)
  • Ghana (GH)
  • 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)
  • Iran (IR)
  • 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)
  • North Korea (KP)
  • Northern Mariana Islands (MP)
  • Norway (NO)
  • Oman (OM)
  • Pakistan (PK)
  • Palau (PW)
  • Palestinian Territories (PS)
  • Panama (PA)
  • 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)
  • Sri Lanka (LK)
  • 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)
  • Syria (SY)
  • São Tomé & Príncipe (ST)
  • Taiwan (TW)
  • Tajikistan (TJ)
  • Tanzania (TZ)
  • Thailand (TH)
  • Timor-Leste (TL)
  • Togo (TG)
  • Tokelau (TK)
  • Tonga (TO)
  • Trinidad & Tobago (TT)
  • Tristan da Cunha (TA)
  • Tunisia (TN)
  • 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)
  • Yemen (YE)
  • Zambia (ZM)
  • Zimbabwe (ZW)

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

USA flag

Yes, paymarket allows the registrations from the United States! Broker permits the users from 56 states and territories to register at and use the services exchange provides:

  • Alabama (AL)
  • Alaska (AK)
  • American Samoa (AS)
  • Arizona (AZ)
  • Arkansas (AR)
  • California (CA)
  • Colorado (CO)
  • Connecticut (CT)
  • Delaware (DE)
  • District of Columbia (DC)
  • Florida (FL)
  • Georgia (GA)
  • Guam (GU)
  • Hawaii (HI)
  • 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)
  • New Mexico (NM)
  • New York (NY)
  • North Carolina (NC)
  • North Dakota (ND)
  • Northern Mariana Islands (MP)
  • Ohio (OH)
  • Oklahoma (OK)
  • Oregon (OR)
  • 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)
  • Vermont (VT)
  • Virginia (VA)
  • Washington (WA)
  • West Virginia (WV)
  • Wisconsin (WI)
  • Wyoming (WY)

Americans are welcome to exchange various cryptos that are supported by the broker.

Please visit the exchange's website to check the offers that are currently active!

Customer service

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

Verification at paymarket

The broker respects the user privacy and doesn't require verification. You may stay anonymous while using paymarket, whatever exchange direction you need.

This is a rare find these days! You know, most of the exchanges require at least some verification. The absence of KYC policy saves the user time and prevents possible data leaks, we think that many people will appreciate such a possibility while dealing with paymarket!

Deposit/withdrawal speed

According to the data we have, paymarket processes all or most of the orders without an automation; orders require staff attention to be completed. The speed of money transfer varies a lot on such services, so it's good to know the situation here at this exchange.

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

Is paymarket instant?

So, what can we see? In accordance with the data we know about the broker, orders at paymarket are not instant. Although we don't have enough information about the order delivery speed from actual customers yet, sorry.

Customers' testimonials

There are currently no users testimonials about the paymarket. Do you have any experience using this broker? If you do, please say a couple of words about it!

FAQ about paymarket

Does paymarket 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 paymarket a good broker?

Although we have not enough users' reviews yet, we analyzed the information we have. Feel free to get acquainted with the details reading this review or just jump to the conclusion!

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

It is not. We even could not find any information about the business entity operating the exchange, etc.

Is paymarket a ripoff?

It is not a ripoff, although we have not rated paymarket yet due to lack of user testimonials, it complies with our standards. Feel free to read the whole this review to understand why or check our conclusion: is paymarket legit or scam.

paymarket vs other exchanges

Let's compare paymarket 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!

paymarket vs Bitonic

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

  • Bitonic is a broker paymarket is a broker, both are using the same business model.
  • Bitonic had started the business May 2012 paymarket started the business October 2018 (Bitonic is working for 6 years and 4 months longer time).
  • Bitonic has all the required business licenses and permissions paymarket operates without a business registration or there is no information available about it (Bitonic's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, Bitonic provides the following extra services: Merchant Services paymarket provides us with less services, related to the crypto exchange: it just exchanges cryptos.
  • 1 fiat currencies are available at Bitonic paymarket doesn't allow to use any fiat currencies (paymarket supports 1 fiat currencies less).
  • Bitonic accepts deposits from and allows withdrawals to 3 fiat payment systems / banks paymarket doesn't support fiat payments in any form (paymarket supports 3 banks and fiat payment systems less).
  • Bitonic allows registrations from 46 countries; we are sorry, but United States is not supported this time You may register at paymarket if you reside in one of 255 countries; it serves United States among others (paymarket 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) paymarket has no KYC procedures, you can be completely anonymous while exchanging here (paymarket 's KYC policy requires the customer to take less actions or to provide less data).

Although the final decision, which exchange — Bitonic or paymarket — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, 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:

paymarket vs BTCBIT

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

  • BTCBIT is a broker paymarket is a broker, both are using the same business model.
  • BTCBIT had started the business May 2017 paymarket started the business October 2018 (BTCBIT is working for 1 years and 4 months longer time).
  • BTCBIT has all the required business licenses and permissions paymarket operates without a business registration or there is no information available about it (BTCBIT's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, BTCBIT provides no extra services paymarket provides us with less services, related to the crypto exchange: it just exchanges cryptos.
  • 9 fiat currencies are available at BTCBIT paymarket doesn't allow to use any fiat currencies (paymarket supports 9 fiat currencies less).
  • BTCBIT accepts deposits from and allows withdrawals to 7 fiat payment systems / banks paymarket doesn't support fiat payments in any form (paymarket supports 7 banks and fiat payment systems less).
  • BTCBIT allows registrations from 221 countries; United States is among the supported ones You may register at paymarket if you reside in one of 255 countries; it serves United States among others (paymarket supports more countries worldwide).
  • BTCBIT allows the user to be anonymous, there is no account verification, etc. paymarket has no KYC procedures, you can be completely anonymous while exchanging here (paymarket & BTCBIT require the client to pass through the — more or less — the same process during the verification).

Although the final decision, which exchange — BTCBIT or paymarket — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, 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:

paymarket vs MagneticExchange

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

  • MagneticExchange is a broker paymarket is a broker, both are using the same business model.
  • MagneticExchange had started the business May 2011 paymarket started the business October 2018 (MagneticExchange is working for 7 years and 4 months longer time).
  • MagneticExchange is an ordinary company without licenses, etc. paymarket operates without a business registration or there is no information available about it (MagneticExchange's business model is more stable and safer for clients).
  • Besides buying, selling and exchanging cryptocurrencies, MagneticExchange provides no extra services paymarket provides us with less services, related to the crypto exchange: it just exchanges cryptos.
  • 5 fiat currencies are available at MagneticExchange paymarket doesn't allow to use any fiat currencies (paymarket supports 5 fiat currencies less).
  • MagneticExchange accepts deposits from and allows withdrawals to 18 fiat payment systems / banks paymarket doesn't support fiat payments in any form (paymarket supports 18 banks and fiat payment systems less).
  • MagneticExchange allows registrations from 254 countries; we are sorry, but United States is not supported this time You may register at paymarket if you reside in one of 255 countries; it serves United States among others (paymarket supports more countries worldwide).
  • During the account verification MagneticExchange usually asks for 1 document / procedure: (id verification) paymarket has no KYC procedures, you can be completely anonymous while exchanging here (paymarket 's KYC policy requires the customer to take less actions or to provide less data).

Although the final decision, which exchange — MagneticExchange or paymarket — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, 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:

paymarket vs PayBis

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

  • PayBis is a broker paymarket is a broker, both are using the same business model.
  • PayBis had started the business April 2015 paymarket started the business October 2018 (PayBis is working for 3 years and 5 months longer time).
  • PayBis is an ordinary company without licenses, etc. paymarket operates without a business registration or there is no information available about it (PayBis's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, PayBis provides no extra services paymarket provides us with less services, related to the crypto exchange: it just exchanges cryptos.
  • 3 fiat currencies are available at PayBis paymarket doesn't allow to use any fiat currencies (paymarket supports 3 fiat currencies less).
  • PayBis accepts deposits from and allows withdrawals to 7 fiat payment systems / banks paymarket doesn't support fiat payments in any form (paymarket supports 7 banks and fiat payment systems less).
  • PayBis allows registrations from 241 countries; United States is among the supported ones You may register at paymarket if you reside in one of 255 countries; it serves United States among others (paymarket supports more countries worldwide).
  • During the account verification PayBis usually asks for 3 documents and/or procedures: (id verification, phone confirmation, address confirmation) paymarket has no KYC procedures, you can be completely anonymous while exchanging here (paymarket 's KYC policy requires the customer to take less actions or to provide less data).

Although the final decision, which exchange — PayBis or paymarket — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, 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:

paymarket vs XMLGold

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

  • XMLGold is a broker paymarket is a broker, both are using the same business model.
  • XMLGold had started the business May 2006 paymarket started the business October 2018 (XMLGold is working for 12 years and 4 months longer time).
  • XMLGold is an ordinary company without licenses, etc. paymarket operates without a business registration or there is no information available about it (XMLGold's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, XMLGold provides no extra services paymarket provides us with less services, related to the crypto exchange: it just exchanges cryptos.
  • 2 fiat currencies are available at XMLGold paymarket doesn't allow to use any fiat currencies (paymarket supports 2 fiat currencies less).
  • XMLGold accepts deposits from and allows withdrawals to 5 fiat payment systems / banks paymarket doesn't support fiat payments in any form (paymarket supports 5 banks and fiat payment systems less).
  • XMLGold allows registrations from 255 countries; United States is among the supported ones You may register at paymarket if you reside in one of 255 countries; it serves United States among others (paymarket & XMLGold support the same number of countries and territories).
  • During the account verification XMLGold usually asks for 1 document / procedure: (id verification) paymarket has no KYC procedures, you can be completely anonymous while exchanging here (paymarket 's KYC policy requires the customer to take less actions or to provide less data).

Although the final decision, which exchange — XMLGold or paymarket — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, 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 paymarket legit or scam?

Now it's time to draw a conclusion, is paymarket a scam or is it a legit exchange? We hadn't yet collected enough testimonials to assign paymarket a rating, but according to our research it's a good exchange. We have found no evidence that this broker is a scam so it should be save to deal with. Let's summarize what we like most (and what we don't) about the paymarket:

  • There is no information about the business entity, regulatory compliance, etc.
  • The broker doesn't hold customers' funds, instantly delivering monies to your wallet
  • The website was launched rather recently; exchange was started 1 years and 1 months ago
  • Paymarket allows registrations from 255 countries; people from United States may use the service
  • You may remain anonymous while using the exchange services. We should add that there are not so many exchanges with no KYC left these days!

Overall rating for paymarket: N/A