As the cryptocurrency segment regains momentum after a painful “crypto winter,” more and more traders are looking for reliable and easy-to-use platforms to buy crypto with fiat payment services. Paybis, a multi-product crypto-to-fiat exchange registered in the European Union, makes these operations easier than ever.
Buy and sell crypto with your bank account: What is Paybis?
Launched in 2014 as a cryptocurrency exchange, the ecosystem now focuses on seamless, secure and regulatory-compliant crypto-to-fiat conversion. Current versions of its tools support multi-cryptocurrency operations.
Image by For example, with Paybis, customers can buy and sell bitcoin (BTC), the first cryptocurrency, the largest stablecoin U.S. Dollar Tether (USDT), top proof-of-stake coins Ethereum (ETH), Binance Coin (BNB) and Tronics (TRX), veteran Ripple-associated cryptocurrency XRP and its fork Stellar Lumens (XLM), proof-of-work heavyweights Litecoin (LTC) and Bitcoin Cash (BCH), and even the biggest meme coin, Dogecoin (DOGE).
All assets can be exchanged for the major global currencies USD, EUR and GBP, as well as many major regional currencies from SEK to RON, to SAR and THB.
Exchanges on the platform can be completed in just a few clicks. Users should select the source and destination currencies, payment instrument and initiate the exchange. On the fiat side, the platform supports bank transfers, credit/debit cards and digital payment systems Skrill, Astropay, Giropay and Neteller.
For maximum transparency and security, the system displays all the details of the upcoming exchange before confirming it: estimated fee, approval rate, speed, and so on.
One wallet, many currencies
Thus, the user will know how much he or she will get for their cryptocurrency before starting the transaction. There are no hidden fees or conditions on .
The exchange seamlessly supports Google (NASDAQ:GOOGL) Pay and Apple (NASDAQ:AAPL) Pay, the two largest smartphone-centric payment systems. Paybis offers its services in 180 countries and regions around the world, making it arguably the most regulatory compliant crypto-to-fiat exchange.
In addition to cryptocurrency exchange, Paybis can act as a secure and convenient cryptocurrency storage service (on-chain wallet). It supports multiple cryptocurrencies and allows customers to easily manage their funds: switch between different cryptos, instantly check the portfolio, etc. The Paybis support team is online 24/7 and always ready to help beginners and professional traders.
Paybis launches Crypto Services Kit for B2B use cases
It is duly incorporated in the European Union and licensed in the United States by FinCEN (Department of the Treasury) as a Money Service Business (MSB) under the registration number 31000224635628. Unlike most centralized crypto services, it operates in 48 US states.
In addition to individuals, Paybis provides its services to institutions. Its white-label solution is designed for fiat on-ramps and off-ramps. Paybis clients can seamlessly integrate crypto gateways and start accepting crypto via their websites.
For mobile applications, Paybis has created MobSDK, a powerful software development kit.
In general, Paybis has succeeded in building a feature-rich, holistic crypto-to-fiat exchange ecosystem for B2B and B2C-centric use cases. It significantly streamlines the value transfer between Web2 and Web3 segments and enhances the cryptocurrency experience for merchants in different regions of the world. Paybis is deeply integrated into both the fiat and crypto spheres and has achieved a remarkable level of regulatory compliance.
