How to Buy Crypto with Multibanco: A Step-by-Step Guide
Key Takeaways
- You can now buy crypto on Paybis with Multibanco, up to €5,000 in a single payment.
- Paybis generates a reference for you. You pay it at a machine or in your banking app.
- Bitcoin is the usual starting point. Other coins work with Multibanco too.
- Paybis also supports MB Way.
- Your crypto goes to the wallet address you enter or to your Paybis Wallet.
You can now buy crypto on Paybis with Multibanco. Pay by reference at a machine or in your banking app, up to €5,000 in a single payment.
Say you like to settle a payment with a reference number. Multibanco works that way. Paybis generates the reference for you, and you pay it where it suits you. Your crypto follows once the payment arrives.
This guide walks through the steps and what to expect along the way. It also explains the limit and the cost. A short section covers the coins you can buy.
How Do You Buy Crypto with Multibanco, Step by Step?
You buy crypto with Multibanco in six short steps. Everything starts in the Paybis widget, and the payment itself happens at a machine or in your banking app. Bitcoin is the usual starting point, and the steps stay the same for other coins.
- Log in to Paybis or create an account. New accounts include a quick ID check, which you complete before you pay.
- Choose the coin and the amount. Type the amount in euros. The widget shows how much crypto you will receive.
- Tell Paybis where to send it. Paste a wallet address or select the Paybis Wallet.
- Select Multibanco as the payment method. Look for it in the list of payment methods.
- Copy the reference that Paybis shows. It contains the details you need to pay.
- Pay the reference. Use a Multibanco machine or your banking app.
Your crypto follows once Paybis receives the payment. Some purchases need extra checks and take a little longer.
Check the amount and the wallet address before you generate the reference. Crypto payments cannot be reversed, so that quick look is worth it.
Where Can You Pay a Multibanco Reference?
You can pay a Multibanco reference at a machine or in your banking app. Both routes use the same details from Paybis: an entity number and a reference number, plus the amount.
Prefer to stay on the sofa? Open your banking app, go to payments and enter the details. Prefer a walk? Visit a Multibanco machine, choose the payment option and enter the same details.
Multibanco is the one Paybis payment method you can settle at a machine. It suits moments when you would rather not use your phone.
Every reference comes with a deadline. Check it when Paybis shows you the reference, and pay before it passes.
What Are the Multibanco Limits on Paybis?
You can pay up to €5,000 in a single payment with Multibanco. The limit applies to each payment. Many buyers start with a much smaller amount.
Say you want to buy €150 of Bitcoin. That sits comfortably inside the limit. Say you plan a larger purchase of €4,000. That fits too, provided your verification level allows it.
Your verification level on Paybis sets the other limit that can apply. For amounts above the Multibanco limit, contact Paybis support through 24/7 live chat.
| Detail | Multibanco on Paybis |
|---|---|
| Market | Portugal |
| Currency | EUR |
| Limit per single payment | €5,000 |
Payment-method availability varies by country, currency and customer eligibility.
What Does It Cost to Buy Crypto with Multibanco?
The widget on the Multibanco page shows the total before you confirm, so you see the final amount before you pay the reference.
That order matters. You see the price before you decide. Nothing moves until you pay.
Moving coins to another wallet later can carry a network fee. Blockchains charge it for processing the transfer. For the full breakdown of what Paybis charges, see our fee transparency page.
Which Coins Can You Buy with Multibanco?
You can buy Bitcoin with Multibanco, and other coins as well. Pick the one that fits what you want to do.
Bitcoin is the original cryptocurrency and the usual starting point. Thousands of computers around the world keep its ledger. That is why many people call it digital money without a central bank. New to the idea? Our guide explains how Bitcoin works.
Litecoin arrived in 2011 as a lighter companion to Bitcoin. It follows a similar design with its own network. You can buy Litecoin with Multibanco in the same widget.
Bitcoin Cash split from Bitcoin in 2017. It uses larger blocks and aims at everyday payments.
The steps stay the same for every coin. You select a different one in step two. Prices move, so choose an amount you are comfortable with.
What About MB Way?
Paybis also supports MB Way, a mobile payment app tied to your phone number. It sits alongside Multibanco, so you can choose what suits the moment.
Say you are out and about, and your phone is in your hand. MB Way may fit. Say you would rather pay a reference at a machine. Multibanco fits that.
Curious how MB Way works on Paybis? Read our MB Way and Multibanco announcement.
Is Multibanco a Safe Way to Buy Crypto?
A Multibanco reference is tied to one amount and one purchase. Pay just the reference that Paybis shows you. A reference from any other source belongs to a different payment.
The risks that remain sit elsewhere. Crypto payments cannot be reversed, and a wrong wallet address can mean lost coins. Copy the address from your wallet app. Then check the start and the end of the address before you generate the reference.
Start from the Paybis app or paybis.com. If a message pushes you to pay in a hurry, stop and check the link. A small initial purchase is a calm way to learn the flow.
Where Does Your Crypto Go After You Pay?
Your crypto goes to the wallet address you entered at checkout. A wallet address works like an account number for crypto. Anyone can send to it. The wallet owner alone can spend from it.
Prefer to keep things in one place? Choose the Paybis Wallet in step three. Your coins then sit in the Paybis app, ready to send later. Want full control? Paste the address of a wallet you manage yourself.
Read more about the Paybis crypto wallet.
What Is Multibanco?
Multibanco is a Portuguese payment network built around payment references. A reference pairs an entity number with a reference number, and the amount completes the details. You can settle it at a machine or in your banking app.
Bottom Line
You can now buy crypto on Paybis with Multibanco. Paybis generates a reference, and you pay it at a machine or in your banking app. A single payment can reach €5,000. The widget shows your total before you pay. When you are ready, try Paybis.
About Paybis
Paybis has served customers since 2014 and counts more than 7 million users. It supports more than 30 ways to pay.
Paybis Europe SIA is authorised by Latvijas Banka as a crypto-asset service provider under MiCA and as a payment institution.
FAQ
Can you buy crypto with Multibanco on Paybis?
Yes, you can now buy crypto on Paybis with Multibanco. Select Multibanco at checkout and pay the reference.
Where do you pay the Multibanco reference?
You can pay it at a Multibanco machine or in your banking app.
What is the maximum Multibanco payment?
The limit is €5,000 in a single payment. Your verification level also applies.
What happens if you pay after the deadline?
Check the deadline shown with your reference before you pay. Contact Paybis support through 24/7 live chat if a payment is late.
Do you need a Portuguese bank account?
Multibanco is a Portuguese payment method. Availability varies by country, currency and customer eligibility.
Disclaimer: Don’t invest unless you’re prepared to lose all the money you invest. This is a high‑risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at: https://go.payb.is/FCA-Info
