Looking to swap crypto for cash (or vice versa) without jumping through hoops? You've landed in the right place. This walkthrough shows you exactly how Paybis works, what it costs, and whether it's actually worth your time. If you need a straightforward way to move between 11 cryptocurrencies and 43 fiat currencies with minimal drama, keep reading.
Here's the thing about crypto exchanges: most of them either nickel-and-dime you with fees or make you wait three business days for verification. Paybis does something different.
The basics:
Your first exchange? Free. No commission on credit or debit cards for first-timers.
Under $250? Flat $10 fee. No surprises.
24/7 support that actually responds
Licensed and registered (we'll get to that)
Fast KYC verification—usually same-day
The team isn't hiding behind anonymous profiles either. CEO Innokentii Isers has spent 15 years in online business and isn't shy about putting his name on things. The whole team is public-facing, which is refreshing in crypto.
Paybis holds a Money Service Business Registration with the U.S. Department of Treasury's Financial Crimes Enforcement Network: 31000175037491.
They're also registered in the UK with offices in Glasgow and Riga, Latvia. This isn't just paperwork—it means they can legally operate in 180+ countries and have to follow actual financial regulations.
Every user goes through identity verification. It's not optional, and it happens during registration. Here's what you'll need:
For identity:
Government-issued passport, ID card, or driver's license
Selfie holding your document
For address verification:
Utility bill or bank statement (less than 6 months old)
Paper or digital versions both work
Sometimes they ask for more:
Photo of your credit card (only if you're paying with one)
Selfie with your card
Handwritten declaration for large transactions
All documents need to be clear and readable. No edits, no blurry photos. If they can't read it, they'll reject it and ask again.
One account per person. If they catch you with multiples, you pick one and they block the rest permanently.
Once you're registered and verified, head to the main page. The interface is pretty self-explanatory:
Pick what you're spending: Bank card, Skrill, Neteller, or bank transfer. Let's say you choose a bank card in RUB.
Pick what you're getting: Bitcoin, Ethereum, whatever.
Enter the amount: Type in 50,000 rubles (or whatever you want to spend).
See the math: The system shows you exactly how much crypto you'll receive.
Lock it in: Hit "Buy Bitcoin." They freeze the rate for 30 minutes because crypto prices jump around.
The crypto market moves fast. That's why you get 30 minutes to complete payment before the rate expires.
If you're looking to move money into crypto regularly and want a platform that won't suddenly change its fee structure on you, this kind of transparency matters. 👉 Skip the exchange rate guessing games and lock in your crypto purchase at a fixed rate for 30 minutes—because nobody likes surprise price jumps mid-transaction.
Selling works the same way, just backwards. One catch: you can only sell Bitcoin, not other cryptos.
Select Bitcoin in the "you're spending" column
Choose where you want the cash: Bank card, Skrill, Neteller, bank transfer, or even another crypto
Enter how much BTC you're selling (like 0.01 BTC)
See what you'll get in USD, EUR, or whatever currency you picked
Hit "Sell Bitcoin"
Done.
First exchange: Free for credit/debit cards
Under $250: Flat $10
Over $250: They show you the fee upfront before you confirm
Skrill fees stack up differently:
Bitcoin transaction fee
Paybis service fee
Skrill transfer fee
They don't hide any of this. Everything's displayed before you commit.
You get 20% of the commission from everyone you refer—not just once, but on every transaction they make, forever. That's unusual. Most programs cap it or limit the timeframe.
How it works:
Minimum $50 to withdraw
Paid monthly in Bitcoin or bank transfer
If you refer a developer or big blogger, you get 5% of their referrals too (multi-level)
Large followings can negotiate higher than 20%
To join, register, verify your account, click "Offers" in the top left, and grab your affiliate link.
Calculator: Shows real-time exchange rates
Charts and rates: Track all supported cryptocurrencies in one place without opening twelve browser tabs
You won't find yourself constantly switching between CoinMarketCap and the exchange trying to time your purchase.
Go to the homepage, click "Register" (top right).
Enter:
Email (Gmail recommended for reliability)
Strong password (random characters, not dictionary words)
Confirm password
Check the terms if you agree
Complete CAPTCHA
Or log in via Facebook/Google.
Next: Phone verification
Enter your number → receive SMS code → enter code → system confirms
Then: Identity verification
Choose your document's country → upload passport, ID, or license → take a selfie
If you don't have a webcam, use your phone.
Once verified, you can start buying and selling.
Paybis works well for straightforward fiat-to-crypto swaps without excessive friction. The licensed operation, transparent team, and 180+ country availability make it more reliable than fly-by-night exchanges. The referral program actually pays indefinitely rather than cutting you off after 90 days or whatever arbitrary limit.
If you need a no-nonsense way to convert cash to crypto or back again, especially for amounts under $250 where the flat $10 fee makes sense, Paybis does the job without making you wait three days for verification or hiding fees in the fine print. 👉 Get your first crypto exchange completely free with Paybis and see why regulated exchanges don't have to be complicated.