Welcome to this new review. Today we'll talk about Paybis. Here there is everything you need to know about this exchange.
It will be short to read but full of informations. Let's start!
Exchanges: a little introduction
Since first cryptocurrency was born - the Bitcoin, in the 2009 - there was the need to buy it from miners, giving fiat currencies. Subsequently other cryptos was born and the need to exchange with each other added. In a short time companies that allowed this type of operations were founded.
Nowadays there are a lot of exchanges that offers various services. What makes a difference between them are:
- Payment methods accepted
- Fiat and crypto supported
- Exchange commissions
- Speed of service
Let's see what Paybis offers!
Paybis - How it works
1° Choose a payment method
There are various payment methods offered by this exchange:
- Visa/Mastercard credit/debit card
- Wire Transfer
The fastest and cheapest method is a Visa or Mastercard that allows international payments.
The Wire Transfer is the slower method and could last 5 days also, depending on the banking timing.
Skrill, Payeer and Neteller could apply additional fees but when nothing else can be done they supply rapidly your money.
2° Choose your fiat currency
These are most common and traded currencies. So we can say that this site can serve most people around the world.
3° Choose the crypto you want
Crypto you can purchase:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
- Bitcoin Cash (BCH)
- Lumen (XLM)
- Binance (BNB)
- Tron (TRX)
They aren't all the existing cryptos, obviousely, but they are more then other competitors.
Some of these crypto, like NEO and TRX aren't easy to exchange directly. So if you want to get, for example, TRX you have to buy BTC or ETH, paying the first fee, and then swipe it by TRX, paying the second fee!
This site is one of the points of reference to buy NEO and TRX.
It will take 10 minutes at most. Few and simple informations are required.
An ID verification is necessary before the first purchase. It will take maybe 2-3 minutes to be confirmed.
We can say this is one of the fastest sites.
While other exchanges take up to a couple day before allow you to buy, on Paybis you can register an account and buy your cryptos in 15 minutes.
5° Payment and transaction
Payment timing depends on what method you have chosen.
If it's possible I advise to pay with a credit/debit card, the fastest and simplest.
You can choose to store your cryptos on the Paybis platform or to have them directly to your wallet.
It's really simple, just copy/paste your public address and money will be sent instantly.
Timing here depends on the crypto you have chosen and its blockchain.
6° Live Support
If you have some doubts or problems Paybis provides a 24/7/365 live support service that will answer your questions at any time of the day and in the as soon as possible.
This is an important factor to consider before choose an exchange. You may need help before continue an exchange and if the support is slow you could lose an opportunity or even money.
Paybis is really transparent.
When you makes an exchange you know precisely how much you are paying for:
- Money provider fee
- Paybis commission
- Blockchain fees
So you will never doubt about how much you are giving to the various service providers.
Generally speaking Paybis commission is one of the lowest you can find.
If you are looking for a fast, easy and cheap exchange, I think Paybis is the right place where buy your cryptos!
In addition, if you buy with credit/debit card, for the first purchase you will not pay Paybis commission!
Hope this review will be useful for you!
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