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Cryptocurrency Exchange Paybis Rolls Out Instant Bank Payments Globally, Cuts Fees to 0.99%

The seventh of July, 2021, in Edinburgh, Scotland — Paybis, a global cryptocurrency exchange, is expanding the payment choices available to its international consumers in a number of different ways. Users of Paybis will soon be able to acquire cryptocurrencies utilising the Faster Payments system in the United Kingdom (UK) and the Single European Payment Area (SEPA) system in the European Union (EU) for instant deposits of GBP and EUR, respectively. In addition, the exchange is now accepting SWIFT USD transfers in addition to local bank payments in the United States (US). These developments will make it possible to make worldwide payments.

An International Answer at the Lowest Possible Cost

These updates are a part of Paybis’ commitment to assist its clients engage in the world of cryptocurrencies and blockchain by decreasing the barrier to entry and reducing the costs associated with doing so. As a result, Paybis is decreasing its cost for cryptocurrency purchases from 2.99 percent to 0.99 percent as part of the launch of new payment methods. Additionally, it is expanding the spending limitations for all clients from 200,000 USD in single-purchases to 1,000,000 USD.

The Mobile Version of Paybis

Since its inception in 2014, Paybis has been hard at work expanding the scope of the bitcoin exchange services it offers. The international cryptocurrency exchange has introduced a number of new features, such as a news section, a referrals and affiliate programme that rewards users who bring in new traders, and a blog to help users keep up with the rapidly evolving crypto-world. These new additions come on the heels of the launch of another feature, which is a referrals and affiliate programme that rewards users who bring in new traders.

Paybis has also introduced crypto-price tracking pages, which anyone may use to check prices in real time. These pages are accessible to everyone. In addition, a customer has the ability to check the price of bitcoin as well as the price of any other cryptocurrency in more than 90 distinct local currencies. In addition, Paybis has included crypto-calculator websites, which make it possible for site visitors and clients to quickly determine the value of any one of Paybis’s 400 supported cryptocurrencies in a variety of fiat currencies. The purpose of each of these features is to make it as simple and quick as possible for clients to purchase bitcoin and other cryptocurrencies. The exchange also made the announcement in March 2021 that it is getting ready to provide service for consumers located in the state of New York, which would bring the total number of US states that it serves up to 49.

About Paybis

Paybis is a cryptocurrency exchange that enables the user-friendly purchase of Bitcoin and other cryptocurrencies using a diverse variety of payment methods, including debit and credit cards, instant bank payments in the UK and EU, local bank payments in the US, and SWIFT USD for international clients. Paybis was founded in 2014 and is headquartered in London, United Kingdom. Additionally, the exchange offers support for over 50 other regional currencies, spread across 180 different nations. Additionally, its scope extends to all 48 states in the United States. Because Paybis does not take custody of its customers’ monies, users retain full control over their own money at all times.

In the end, Paybis was successful in obtaining a temporary crypto asset registration from the United Kingdom’s Financial Conduct Authority (FCA). This gives the company permission to conduct business within the FCA’s jurisdiction while it awaits an evaluation of its qualifications to be granted a permanent licence. The Financial Conduct Authority (FCA) has issued recommendations and a regulatory framework with the goals of discouraging a secure trading environment and preventing illegal activity in the cryptocurrency field. This is done with the intention of promoting the broad use of cryptocurrencies.

Paybis invites you to learn more about their portfolio of bitcoin exchange projects by visiting their website.

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