Over 444,000 Bitcoin (BTC) transactions with a total value of over $63 billion occur daily. The fees for crypto transactions can range from 1% to 10%. Considering the crypto transaction volumes, this can end up in significant financial losses for clients worldwide.
Most crypto users look for the best place to on-ramp and off-ramp their money for crypto. They don’t have time to waste on figuring out the platform fees and security rules on their own. Paybis can be a reliable partner that offers a clear picture of fees and regulations.
Paybis.com was founded in 2014 in Poland. You can think of Paybis as a simplified payment gateway. Its purpose is to help users convert fiat into crypto and back. You won’t find complex trading tools on the Paybis exchange.
The platform supports over 180 countries, 48 US states, and nearly 50 different fiat currencies, which translates into over 4,000 trading pairs. The platform offers security and easy step-by-step guidance for users worldwide.
How Paybis On/Off Ramp Works
An on-ramp means taking your fiat money and buying crypto with it. Off-ramp, on the other side, means getting your money off the crypto and placing it in your fiat accounts. The main appeal of on/off-ramp services is speed. The exchange on on/off-platforms like Paybis can take less than five minutes.
You can use Paybis’ website and its app for on/off-ramp exchanges. It’s an intuitive, beginner-friendly platform for swapping fiat to crypto. The buying process feels familiar — you click “Confirm,” and it’s done. With Paybis, you can avoid complex procedures and get straight to the point.
During the first step, you will need to register and complete basic procedures like Know Your Customers (KYC). Then, once you are verified, the exchange process becomes much more straightforward. You pick the crypto you want to buy or sell, choose how you want to pay and receive, and the platform executes the transaction.
The Paybis platform offers access to trading without a login, too. Instead of logging in, you can receive a one-time code sent to your email. The process feels less like accessing a bank and more like logging into a chat app. It’s quiet, easy, and secure.
Paybis is designed for people who want to buy BTC or other cryptocurrencies, hold them securely in their wallet, and check the price. Then, they might use Paybis’ frictionless off-ramping to transfer crypto into fiat funds.
Paybis Fees and Pricing
Fees are critical for Paybis users to understand. There are several fees on the platform:
- Baseline service fee (typically, minimum $2).
- Network fee.
- Card payment processing fees.
The exact fee for your preferred fiat currency exchange can vary. You should check the fees for your fiat currency with your bank beforehand, before you hit “Confirm.”
You can see a live price of any pair and amount in the Paybis exchange calculator. Paybis also has a promotion for users’ first transaction. It includes zero platform fees. For beginners, it offers an incentive to try the platform for on/off-ramp exchange.
Security and Private Key Storage
Paybis operates on a non-custodial model. It means the platform doesn’t hold your cryptocurrency keys. Paybis handles the fiat-to-crypto swap. However, as soon as that transaction is done, the crypto you bought gets sent into your personal crypto wallet. You control the keys, and Paybis doesn’t have access to them.
The risk of exchanging on crypto platforms is that they may get hacked. The Paybis platform doesn’t have custody of your crypto, thus minimizing the risk factor.
Paybis mitigates the risk of platform failure. However, the security of your funds rests on you. The platform also has a mandatory KYC procedure. 2FA, Face ID, and fingerprint verification are used for accessing user accounts. With over a million users, Paybis has never been hacked since 2014.
Pros and Cons of Paybis
Paybis has its advantages and disadvantages. Here is what to expect:
| Pros | Cons |
| On/off-ramp exchange speed. | Some banks can block transactions to Paybis. |
| Global reach in over 180 countries. | Occasional delays in payouts or withdrawals. |
| Fiat and crypto variety. | Canadian users can no longer use the internal Paybis wallet feature. |
| Up to $20k daily transaction limit. | Brand recognition isn’t at the same level as other exchanges like Binance. |
| Security of transactions. | |
| Live exchange rate. |
The core value of Paybis is its 5-minute exchange speed. You can use this platform for getting fiat into crypto or vice versa fast via your bank card and crypto wallet.
FAQ
Can I buy Bitcoin with a credit card on Paybis?
Yes, you can. You can also use the built-in Paybis crypto wallet for holding your BTC for further exchanges. However, you can send it to your crypto wallet.
How long does it take to withdraw fiat from Paybis?
Depending on the network load, withdrawing fiat from Paybis may take from several minutes to over 15 minutes.
Is Paybis safe to use?
Paybis implements security protocols like KYC, 3-Domain Secure, and One-Time Password (OTP). It is also registered in FinCEN, which allows users to legally exchange fiat for crypto in 48 US states.
Does Paybis work in the US/UK/India?
Paybis provides its services in over 180 countries, including the US, UK, and India. However, the residents of New York State and Louisiana are restricted from using the platform. You should also note that the fees for fiat exchanges can vary depending on your exchange currency.
What is the minimum amount to buy crypto on Paybis?
The minimum amount to buy with a card on Paybis is $4. However, the daily limit for verified users with a debit card can get to $20,000 per transaction.
