Bitcoin’s massive bull run earlier this year has attracted many new retail and institutional investors to the market.
Crypto trading exploded in popularity and with BTC reaching an all-time high (ATH) of over $64K in April, crypto is fast becoming a household name in the world of finance.
Among the new entrants are novice traders who have little to no knowledge of how to buy their first unit of bitcoin. While there are several crypto exchanges promising users a smooth experience, Paybis is providing even more compelling services and the right tools for both newcomers and veteran traders, giving them all they need to benefit from the crypto market.
What is Paybis
Paybis is a UK-based cryptocurrency exchange launched in 2014, with a primary focus on providing customers with a holistic crypto trading experience. The exchange offers a reliable and easy-to-use platform with tools that will give users access to the global crypto market.
Paybis is currently available in more than 180 countries and supports top crypto assets, including Bitcoin, Ethereum, Bitcoin Cash, Ripple, DOGE, and many more.
Paybis has some impressive features that traders, both old and new, can leverage to gain the most of their crypto trading experience. Some of the features that make the exchange stand out include:
- Multi-Lingual 24/7 Customer Support
Paybis has a professional and efficient customer support team that provides users with satisfactory answers to any questions they may have. Traders can contact the customer service unit via email or the Livechat option available on the exchange’s website.
Additionally, the platform has already published a detailed description of how customers can use the website. Paybis also has a FAQ page that offers answers to a broad range of questions that traders might have.
- Low Commissions
Many crypto exchanges charge traders exorbitant fees for purchases and trade executions, but Paybis is offering its customers some of the lowest commissions they can find in the market, allowing traders to get more crypto for their money.
While commissions and fees may vary depending on location, payment method, and currency used, Paybis still manages to offer competitive commission rates to users.
- Safe and Secure
As crypto exchanges continue to be a primary target for hackers, security has become one of the most important things that traders consider before choosing an exchange. For this reason, Paybis goes the extra mile to ensure that customers’ funds and personal information are kept safe to avoid any exploitation or losses.
Paybis is licensed by several top financial regulators, including the UK Financial Conduct Authority (FCA) and the US Financial Crime Enforcement Network (FinCEN). The crypto exchange is also compliant with EU and US regulatory laws.
Furthermore, Paybis has several account verification processes, including anti-money laundering (AML) and know-your-customer (KYC) requirements to ensure that users’ accounts are kept safe.
With strict scrutiny from regulatory bodies and other security measures in place, traders can be assured that their funds are in safe hands when using Paybis.
- Simple Registration Process
Despite AML and KYC requirements, Paybis has made new user registration as easy as possible. It only takes a couple of minutes to complete the entire registration and verification process. Once the account is verified, users can immediately start trading on the platform.
- Global Access to Crypto Products
Paybis and its offerings are available to clients in more than 180 different countries. The platform supports about nine different languages, including English, Arabic, French, German, Italian, Korean, Portuguese, Spanish, and Russian.
Its diverse language support makes it possible for traders from various parts of the world to buy any of the ten listed cryptocurrencies effortlessly
How to Buy Bitcoin on Paybis
Whether it’s your first time or you have been trading for years, anyone can buy bitcoin and other crypto assets on Paybis in a few simple steps.
- Choose currency and amount
For starters, the platform supports over 45 fiats, so users can choose whatever currency they wish to use and select the amount of money to spend on the bitcoin purchase. Payments can be made using debit or credit cards, wire transfers, or eWallets like Neteller and Skrill.
- Complete Account Verification
To further ensure safety, traders are mandated to complete an account verification process to confirm that the transaction was initiated by the account owner.
- Enter Wallet Address
The next step is to enter the wallet address that the BTC will be sent to and confirm the transaction.
- Receive Bitcoin
Once the wallet address is sent and the payment is confirmed, Paybis will transfer the bitcoin to the provided wallet.
Buying and trading crypto can be a thrilling experience if a trader works with a reliable, secure, and reputable exchange. But the experience can quickly turn sour when users make bad choices when choosing an exchange to use. Paybis is offering traders everything they need to navigate the crypto market, and with a near-perfect score on Trustpilot, the exchange is making crypto more accessible and inclusive.