ZoneBitcoin EditorialWhether you're a seasoned investor or a curious newbie, buying or selling bitcoin and other cryptocurrencies can seem confusing. Indeed, there are several methods of doing this depending on the requirements and knowledge of each person.
In this article, we present to you a service that can prove useful when you are looking to buy but especially sell your cryptocurrencies quickly. When you need cash instantly and you have to (for one reason or another) sell your cryptos, it is important to know that solutions exist. Of course, you can do this without going through the KYC procedure by doing it on peer-to-peer (P2P) platforms or on platforms like Paybis.
With Paybis, you will be able to sell and buy bitcoin instantly, and do so with different payment methods like Skrill, Neteller or simply by transfer to your bank account.
An easy-to-use platform
Launched in 2016 in the United States, the service Paybis stands out for its resolutely user-oriented approach. Unlike many exchanges that focus on the accumulation of complex features, Paybis focuses on excellence in basic operations. The objective? Providing you with a streamlined and accessible experience, regardless of your expertise in buying and selling bitcoin or other cryptocurrencies.
Simplified purchase and sale by credit card
Whether you want to buy or sell cryptocurrencies, Paybis makes the process child-friendly. Thanks to an intuitive and user-friendly interface, you can easily navigate between the different options, even as a beginner.
Buying Cryptocurrencies in a few clicks
Purchasing cryptocurrencies on Paybis comes down to three simple steps:
- Select the cryptocurrency of your choice and the desired amount.
- Choose your preferred payment method, whether it's a credit/debit card, bank transfer or e-wallet.
- Validate your purchase, and your cryptocurrencies will be instantly transferred to your designated wallet.
Fast and Secure Sale
Selling your cryptocurrencies is just as easy on Paybis. Whether you want to cash out your winnings or reallocate your investments, it only takes a few clicks:
- Select the cryptocurrency to sell and the desired amount.
- Choose your preferred payment method to receive the funds.
- Confirm the transaction, and the funds will be quickly credited to your account.
A wide range of cryptocurrencies
Whether you're a fan of heavyweights like Bitcoin or Ethereum, or prefer to explore promising alternatives, Paybis offers you a wide range of choices. The platform supports more than 80 different cryptocurrencies, including popular options like Cardano, Solana, Chainlink, Aave and even stablecoins.
Diversified payment methods
To meet everyone's preferences, Paybis offers a variety of payment methods. Whether you opt for credit/debit cards, bank transfers, Skrill, Neteller or other regional options available in Asia for example. You will certainly find a solution adapted to your needs.
Advantageous Transaction Limits
Paybis also stands out for its generous transaction limits, adapted to all investor profiles:
- Credit / debit cards : minimum $4, maximum $20 per transaction, with no global limit.
- Skrill/Neteller : from $20 to $200, capped at $000 per day.
- Bank transfers : from $200 to $000 million, with a monthly cap of $1 million.
Specific Banking Exclusions
It is important to note that some banks in the United States, Canada and the United Kingdom do not process payments to Paybis. These institutions include Chase Bank USA, Goldman Sachs, Royal Bank of Canada and Capital One. Before making a transaction, make sure your bank is not affected by these exclusions.
An Integrated Portfolio for Simplified Management
Paybis offers an integrated wallet designed to make managing your cryptocurrencies easier. Unlike traditional wallets, this one lets you access your assets through your email address, without having to remember long private keys or seed phrases.
Main Features of the Paybis Wallet
- Unified asset management : Manage multiple cryptocurrencies from a single interface, avoiding the complexity of using separate wallets.
- Quick purchase : A dedicated button allows you to instantly purchase cryptocurrencies directly from the wallet interface.
- Real-time price tracking : Stay informed of price fluctuations with real-time display of prices in US dollars.
- On-chain transparency : Each user is assigned a dedicated address, allowing independent tracking of your holdings on any blockchain explorer.
- Cross-platform accessibility : Access your wallet from your web browser, Android or iOS mobile app.
What are the fees on Paybis?
Paybis takes a transparent approach to fees, which vary depending on the payment method chosen. Fees are broken down into three categories: payment processing fees, Paybis fees, and network fees.
Fees by Payment Method
- Credit / debit card : Payment processing fee of 4,5% to 6,5% depending on currency. Paybis fee of 2,49% from the second transaction.
- Neteller/Skrill : Payment processing fees vary depending on currency and amount. Standard Paybis fee of 2,49%.
- EU bank transfer : Payment processing fee of 0,05% or at least €2. Paybis fee of 0,99%.
Network fees, imposed by blockchain miners, are calculated per transaction and vary depending on the cryptocurrency requested.
Reinforced Security
Security is a top priority for Paybis. The platform implements strict measures to protect your data and transactions, including:
- Two-factor authentication (2FA) : Strengthen the security of your account by enabling this feature.
- SSL encryption : All data and transactions are encrypted to prevent unauthorized access.
- Real-time monitoring : A tool continuously analyzes accounts and transactions to detect any suspicious activity.
- Regulatory conformity : Paybis is registered with regulatory authorities such as FinCEN in the United States and FINTRAC in Canada, ensuring compliance with the highest standards.
The advantages and disadvantages of PayBis
Advantages :
- Instant Buy and Sell
- Multiple cryptocurrencies supported
- Quick identity verification (simply sending an identity document without proof of address).
- Competitive fees
- Functional service
The inconvenients :
- Need to send an identity document (KYC).
Dedicated Customer Support
At Paybis, you get 24/24 customer support through various channels, including live chat, email, and phone support. A qualified team is ready to answer your questions and guide you every step of the way.
Licenses and Regulations
Paybis is a licensed and regulated cryptocurrency exchange, registered with the Financial Crimes Enforcement Network (FinCEN) in the United States and authorized by the Financial Conduct Authority (FCA) in the United Kingdom. These licenses demonstrate Paybis' commitment to operating in compliance with local laws and regulations, thereby providing a secure and reliable experience to its users.
Simplified Account Opening
Opening an account on Paybis is a breeze. Go to the official website, click on “Register”, fill out the form with your personal information, accept the terms of use, and you are ready to get started.
Once your account is created, you can increase security by enabling two-factor authentication (2FA) and setting a strong, unique password.
Adapted Account Levels
Paybis offers three distinct account tiers, each with different verification requirements:
- Unverified account : Ideal for beginners, this level allows you to explore the platform without extensive verification.
- Verified account : After simplified identity verification, you can access higher transaction limits.
- Trade account : Reserved for experienced traders, this level requires thorough verification but offers maximum limits.
A user-friendly experience even for a beginner
Whether you are a curious beginner or a seasoned trader, Paybis has been designed to meet your specific needs:
- For beginners : An intuitive interface and simplified processes facilitate your first steps in the world of cryptocurrencies.
- For intermediate and experienced traders : Take advantage of a range of advanced tools, such as live charts, conversion calculators and P2P trading options.
Targeted User Profiles
Paybis caters to a wide range of users, including:
- Investors looking for promising opportunities in the world of cryptocurrencies.
- Merchants wishing to accept cryptocurrency payments on their website.
- Individuals wishing to diversify their investment portfolio.
- Technology enthusiasts who want to explore the possibilities offered by cryptocurrencies.
Who are Paybis’ competitors?
There are several competitors to Paybis with more or less similar services. For example, we can cite switcher which also allows you to instantly sell cryptocurrencies. You can read our article here.
Conclusion
Whether you are a novice or an experienced investor, Paybis offers a user-friendly and secure platform to buy, sell and manage your cryptocurrencies. With its intuitive interface, diverse payment methods, generous transaction limits and dedicated customer support, Paybis simplifies your experience in the exciting world of digital assets. Join the Paybis community today and discover a world of opportunities just a click away.
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