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Pros

User-friendly interface that simplifies the buying process for beginners.
Supports a wide range of payment methods, including credit/debit cards and digital wallets.
Offers 24/7 customer support, ensuring assistance is available whenever needed.

Cons

Higher fees compared to some major exchanges, which may deter cost-sensitive users.
Limited selection of cryptocurrencies available for trading, focusing primarily on major coins.
No advanced trading features or tools, which may not satisfy experienced traders looking for more robust options.

PAYBIS broker Accounts

Paybis Account Type

Paybis offers a standard account type that can be either unverified or verified. Clients with an unverified account have limited access to the exchange's functionalities, while verified accounts enjoy full service and higher transaction limits. To verify an account, users must provide a government-issued ID, such as a passport or driver's license, in compliance with KYC (Know Your Customer) regulations. The verification process may require additional documents if deemed necessary by Paybis.

Account Features:

  • Unverified Account: Limited functionality and lower transaction limits.
  • Verified Account: Full access to services, higher transaction limits, and the ability to buy and sell cryptocurrencies.
  • Paybis Broker Account Opening Process

    Opening an account on Paybis is a straightforward process that typically takes just a few minutes. Heres a step-by-step guide:

    • Visit the Paybis Website: Go to www.paybis.com.
    • Sign Up: Click on the “Sign Up” button located in the top right corner.
    • Email Verification: Enter your email address to receive a verification code. Input the code to verify your email.
    • Phone Number Entry: Provide your phone number and agree to the terms of service.
    • Phone Verification: Enter the verification code sent to your phone.
    • Complete KYC Verification: Upload a government-issued ID for identity verification. This step is essential for compliance with AML (Anti-Money Laundering) regulations.
    • Start Trading: Once verified, you can begin trading cryptocurrencies using various payment methods, including credit/debit cards and bank transfers.
    • By following these steps, users can quickly set up their Paybis accounts and start engaging in cryptocurrency trading.

PAYBIS accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
PAYBIS Account