If you're thinking about buying or selling cryptocurrency but feel a bit lost in all the technical jargon and security concerns, you're not alone. Since 2014, Paybis has been helping regular folks navigate the crypto world without needing a computer science degree. This guide walks you through the most common questions people actually ask about the platform—the real stuff, not the marketing fluff.
What is Paybis, anyway?
Think of Paybis as a bridge between your regular money and cryptocurrency. You can buy Bitcoin with your credit card, sell Ethereum for cash, or trade between different digital coins. They've been doing this since 2014, which in crypto years is practically ancient—in a good way.
Setting up your account
Head to their website, hit "Sign Up," and you'll need an email and phone number. They'll send you verification codes to both. Punch those in, and you're in. The whole thing takes maybe five minutes if you type slowly.
The verification thing
Yeah, they're going to ask for ID. I know, it's annoying when you just want to buy some Bitcoin, but it's actually a good sign. Paybis follows Anti-Money Laundering and Know Your Customer regulations, which basically means they're playing by the rules. The verification usually wraps up in 15 minutes, though occasionally it takes up to 24 hours if your documents are blurry or something.
What can you pay with?
They accept Visa and MasterCard, bank transfers through SEPA, e-wallets like Skrill and Neteller, plus Apple Pay and Google Pay. The available options depend on where you live—some payment methods work in Europe but not in Asia, for example.
The cost of doing business
Credit and debit card purchases run about 4.95% per transaction. Bank transfers are cheaper. The nice thing is they show you exactly what you'll pay before you confirm anything. No surprises when you check your bank statement later.
How much can you trade?
Once verified, you can buy up to $20,000 worth of Bitcoin daily or $50,000 monthly using cards. Bank transfers let you move more. New accounts have lower limits until you've verified your identity.
If you're serious about getting into crypto and want a platform that treats security like it matters, this is where most people start. The verification process might seem like a hassle, but it's what keeps your account safe from the sketchy stuff that happens on less regulated platforms.
👉 Start trading crypto the secure way—join Paybis and see why thousands trust it for safe transactions
Protecting your account
Use a strong password—not "password123" or your dog's name. Enable Two-Factor Authentication, which means even if someone gets your password, they still can't get in without your phone. Check your account regularly for anything weird.
Paybis uses serious encryption and security protocols. They're not some fly-by-night operation running out of a basement.
The wallet situation
Paybis offers its own wallet for storing, sending, and receiving cryptocurrency. It's free and connects directly to your account. Creating one is straightforward—log in, find the wallet section, pick your cryptocurrency, and boom, you've got a wallet address.
Your personal data
They encrypt everything and comply with GDPR, which is the European privacy law that actually has teeth. Your information gets stored securely, not sold to the highest bidder.
Buying cryptocurrency
Select what you want to buy and how much. Pick your payment method. Enter your wallet address where you want the crypto sent. Confirm the transaction. That's it. The cryptocurrency shows up in your wallet once payment clears.
Selling cryptocurrency
Yes, you can sell too. Pick what you're selling, how much, and where you want the money sent. The process works in reverse.
What cryptocurrencies they support
Bitcoin, Ethereum, Tether, Litecoin, Ripple, and a growing list of others. They keep adding new ones as they become popular and pass their security checks.
Where can you use it?
Most countries work fine. They don't operate in sanctioned countries or certain U.S. states. Check their terms if you're somewhere unusual.
Minimum amounts
You can't buy $5 worth of Bitcoin—there's typically a $50 minimum. Makes sense when you consider transaction fees on the blockchain itself.
Canceling transactions
Once it's confirmed, it's done. Blockchain transactions don't have an undo button. Double-check everything before hitting confirm.
Refunds
Generally not happening with crypto purchases. Once those coins are sent, they're sent. That's just how blockchain works, not a Paybis thing.
Transaction delays
Sometimes the blockchain gets congested, or payment providers have hiccups. Paybis monitors everything in real-time and their support team jumps on delays quickly.
Hidden fees
None. They show you all fees—service fees, network fees, everything—before you confirm. What you see is what you pay.
Can businesses use it?
Absolutely. Companies can buy and sell crypto, integrate crypto payments, or manage digital assets. Same platform, just bigger numbers.
The affiliate program
They've got one. Refer people, earn commissions on their transaction fees. If you're into that sort of thing.
Customer support
24/7 live chat and email. Real people, not just bots reading from a script.
Regulatory compliance
Paybis follows global standards for AML and KYC. They're operating legally and above board, which matters more than people think when you're dealing with money.
Look, cryptocurrency can feel overwhelming when you're starting out. Paybis strips away a lot of that confusion by focusing on what actually matters: security, transparency, and not making you jump through weird hoops just to buy some Bitcoin. They've been around since 2014, follow the rules, show their fees upfront, and provide real support when things go sideways.
Whether you're dipping your toe in for the first time or you've been trading for years, having a platform that prioritizes security and compliance makes a real difference. That's the main reason people keep coming back to Paybis—it just works, without the drama.
👉 Ready to start your crypto journey with a platform you can trust? Join Paybis today