Paybis Video Guide: Where and How to Buy, Sell and Trade Crypto Easily in 2024

Welcome to the Paybis Guide, where we explore some of the most common questions about the Paybis Exchange platform, and our KYC process. Moreover, we also explain how to buy, sell, swap, and trade popular cryptocurrencies like Bitcoin on our platform.

Each of the topics explored below is supported by a comprehensive video that explains and visualizes the content, so you have a better overview of our services.

Crypto ATMs vs. Binance vs. Paybis: Where to Buy Bitcoin with Credit Cards?

Owning Bitcoin (BTC) has become a preferred method of diversifying an investment portfolio, for its store of value. So if you’re just starting with cryptocurrencies, how can you buy Bitcoin instantly with credit cards?

The most common and accessible ways to buy Bitcoin include crypto ATMs, trading platforms, peer-to-peer (P2P) networks, and exchange platforms. Here’s a brief rundown comparing every method for buying Bitcoin with credit cards:

• Crypto ATMs: If you want to buy BTC with crypto ATMs is a good choice for those looking for convenient cash-to-BTC conversions and anonymous transactions. On the flip side, crypto ATMs usually have higher fees and are scarcely available in different regions.
• Trading platforms like Binance: These platforms are great for purchasing Bitcoin because they offer low fees, fast transaction processing times, a wide range of cryptocurrencies besides BTC, and have advanced features. While an advantage for experienced traders, for beginners, trading platforms can be difficult to navigate, especially given the usually lengthy verification processes.
• Peer-to-peer (P2P) networks: These networks allow users to trade directly with other crypto traders, and typically have more flexible payment methods like credit cards. At the same time, there’s an increased risk of fraud, higher change of price volatility, and slower transaction times.
• Crypto exchange platforms like Paybis: These platforms are designed to make it easy for anyone to buy Bitcoin with their credit card, provided there are no geographical restrictions. Additionally, exchange platforms offer a wide range of payment options, have very fast transaction times, and have user-friendly dashboards. Additionally, platforms like Paybis pay extra care to the safety and privacy of every transaction.

Is Paybis Safe to Use for Crypto Transactions?

The crypto market remains volatile, difficult to predict, and continues to experience certain threats to transactions. Some of the most common risks include phishing attacks, address poisoning, rug pulls, malware/keyloggers, and SIM swapping.

Paybis is one of the most popular crypto exchange platforms in the market, offering low fees, high-speed transactions, wide cryptocurrency and payment option accessibility. But how does Paybis ensure the security of cryptocurrency transactions?

Our platform is built on a strong security foundation, using Multi-Party Computation (MPC) technology, which fragments private keys across secure locations. Also, our Paybis adheres to the highest security regulations by FinCEN and FINTRAC and complies with strict Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements. These measures highlight Paybis’ emphasis on security, privacy, and more importantly, the legitimacy of all crypto transactions.

How to Create a Paybis Account? | A Step-by-Step Guide

The Paybis Exchange platform is designed with the end-user in mind, resulting in a minimalistic and user-friendly web platform and mobile app. This also means that the process for registering to the Paybis platform and creating an account is made to be as simple as possible.

To make the registration process straightforward and hassle-free, Paybis considered the different challenges faced by other crypto exchanges and trading platforms like complex forms, technical issues, and verification delays.

Our approach balances user experience, usability, and security. The process looks something like this:

1. An interested user opens the Paybis platform and navigates to the Sign Up button.
2. Once the registration form pops up, the user has to enter personal details like name, surname, email, and phone number.
3. Before finalizing the registration process, the user is asked to agree to the terms of service and AML policies.

It’s important to note that the KYC Paybis account verification process is also required in most cases, which involves uploading a government ID and completing a live motion review. Once the user’s identity is confirmed, the user can start using Paybis’ services.

How to Verify KYC at Paybis? Is it Possible to Buy Crypto Without ID Verification? | A Step-by-Step Guide

With the increased interest in cryptocurrency trading, the need for enhanced security measures has never been greater. And one of the most crucial elements for any platform is Know Your Customer (KYC), which works to ensure user protection and platform legality. That’s why it’s also a big part of crypto trading on Paybis.

KYC is all about verifying user identities. The process typically involves steps like checking IDs, submitting documents, and confirming user identities. Paybis uses KYC to help prevent illegal activities like fraud and money laundering, keeping both users and the platform safe.

Here’s a breakdown of the KYC process at Paybis:

1. Take clear photos of your government-issued ID and submit them for verification.
2. Record a live selfie or video in good lighting to pass the liveness check.
3. Provide additional documentation if necessary to complete the KYC process.

Once you complete the verification, you can start using Paybis and trading your favorite cryptocurrencies. If you want to send money anonymously, you can do so with Bitcoin ATM’s, but there are several risk-related factors to consider before choosing this option.

Alternatively, Paybis does also offer a no-KYC process with the On/Off Ramp, mostly for businesses, be sure to check out the product and its’ main features!

How to Buy Bitcoin with a Credit Card on Paybis? | A Step-by-Step Guide

Paybis is a preferred cryptocurrency trading platform all around the world, accessible to over 180 countries globally. This is why it’s a great platform for anyone, regardless of their crypto trading experience, to buy, sell, swap, or trade Bitcoin and other currencies.

To make this possible, Paybis also allows users to choose from a whole list of available payment options to suit the individual needs of every crypto trader, though the payment options do depend on the specific location.

Here’s a quick rundown of how to buy Bitcoin with your credit card on the Paybis platform:

1. Create a free account or log in.
2. Navigate to the main exchange section and choose BTC as the cryptocurrency you wish to buy.
3. Select credit card payment from the list of available payment options for you.
4. Enter the amount of BTC you want to buy.
5. Confirm the purchase by double-checking the credit card number and crypto wallet address.
6. Receive your Bitcoin once the transaction is confirmed.

How to Sell Bitcoin and Receive Funds to Your Credit Card with Paybis? | A Step-by-Step Guide

If you want to sell any kind of cryptocurrency on Paybis using your credit card, Bitcoin or altcoin, the process is incredibly straightforward. Our platform was created to be as simple as possible, while also bringing widespread accessibility to trade cryptocurrencies globally for all users.

Just like in the case of buying or sending Bitcoin on Paybis, the selling process is pretty much the same. If you want to sell Bitcoin, you’ll have to create an account on the Paybis platform, start a new transaction, select the credit card payment option, enter the amount of BTC you want to sell, type in the credit card details, and finally – initiate the transfer process.

Once the transaction is confirmed, you’ll receive the funds to the credit card you entered in a matter of minutes. You can be sure that Paybis takes the necessary steps to ensure compliance and security of your transfers.

How to Send Bitcoin or Altcoins on Paybis? | A Step-by-Step Guide

Trading cryptocurrencies is a big part of the crypto market, making it crucial to find reputable and safe platforms for your crypto trading needs. Whether it’s buying, or selling Bitcoin, Paybis offers a secure exchange platform for anyone, anywhere.

Over 20% of Bitcoin is considered lost due to transaction errors. Some of the most common mistakes include mistyped wallet addresses or sending funds to incompatible wallets. Paybis ensures a smooth, secure, and cost-effective withdrawal process.

Let’s review how to send crypto on Paybis:

• Step 1: Login (or create a free account) and access your crypto wallet.
• Step 2: Select your cryptocurrency in the Wallets section.
• Step 3: If you choose an external wallet over the Paybis wallet, carefully enter the address and double-check it.
• Step 4: Choose the amount you want to send.
• Step 5: Select the transaction fee by choosing Low, Medium (default), or High.
• Step 6: Verify your phone number (if needed).
• Step 7: Confirm the withdrawal with a 6-digit SMS code.

Paybis Promo Code: A Gift for Making it Till Here

Thank you for reading and watching our videos. As a token of our appreciation, we’re giving a special 10% promo code on our fees to exchange crypto on Paybis!

Wrapping Up

We’ll continue working on this page and will add more and more videos in the future. If you have any questions or concerns, don’t hesitate to reach out to our dedicated customer support team who are available 24/7.

Keep an eye out for more updates soon!

Written by

Alanta Kaminskaite

Alanta is a tech content writer with over four years of experience and a deep passion for everything technology-related. She's worked in global IT companies and specializes in internet security, blockchain technologies, and AI advancements.