Paybis Unveils Instant Credit Card Bitcoin Purchases in the UK

Revolutionizing Bitcoin Purchases

In a move that aims to shake up the UK cryptocurrency market, Paybis—a UK-based exchange with operations in Latvia and the US—has rolled out an innovative feature: the ability to buy Bitcoin using your credit card. Yes, you read that right! Instant Bitcoin purchases are here, and it’s time to ditch the waiting game.

Details of the New Feature

Thanks to the newly developed “Bitcoin with Credit Card” feature, verified users can swiftly purchase up to $5,000 worth of BTC in a single transaction, mind you, with a monthly cap of $20,000. Talk about a shopping spree for digital gold!

Transaction Ease

One of the standout benefits of this feature is the instantaneous release of coins: they’re available the moment your transaction is processed. Forget the backlog and hold-ups—it’s a breath of fresh air in the crypto world.

Paybis vs. The Traditional Market

For those accustomed to navigating the sometimes murky waters of cryptocurrency on UK exchanges—where withdrawal and deposit fees can make you feel like you’ve just been nickeled and dimed—Paybis comes off as a hero. Instead of the characteristic £10 fees, they’re making strides to offer a more competitive experience.

Comparison to Peer-to-Peer Marketplaces

However, the battles raged on not just between exchanges but also against peer-to-peer platforms like LocalBitcoins. Paybis is stepping up to the plate, not only by offering lower fees but also focusing on user experience.

Fee Reductions

In a bid to attract more customers, Paybis has recently slashed the fees for credit card Bitcoin purchases to a neat five percent, making it two to three percent cheaper than purchasing through a Bitcoin ATM.

Focusing on Service

Founded in 2014, Paybis has been anything but hasty about its growth. CEO Konstantin Vasilenko noted in a past interview, “The main differences we have from our competition is that we offer fully managed and guided services to our customers.” It’s like having a personal crypto concierge at your beck and call. Can’t beat that!

In essence, Paybis thrives not on frantic expansion but rather on a commitment to enhanced service for its clientele. Now that’s a refreshing approach in a primarily tech-driven market.