Buying crypto for the first time? Yes, it may feel like you're on a weird game show trying to pick the right door, there's lots of excitement, but there's also a tangible risk of getting slimed.
Lots of platforms, random coins with random names, and frankly, the kind of “risks” that would usually make your grandma clutch her pearls. If you're nervous, there's no shame.
Honestly, this is where Pebis shines. It doesn't overwhelm you in jargon or make you jump through blazing fires. For 2025 and beyond, this exchange is really easy, super fast, user friendly, and not a headache to figure out. Even my technically challenged uncle could probably handle it.
Okay, let's break it down and get started with your first crypto purchase on Paybis. There are three stages, nothing fancy. I'll also throw in some pro tips as we go along. We'll talk security, fees, and why you shouldn't throw your life savings into meme coins.
Step 1: Create and verify your Paybis account
To set up shop, simply visit Paybis.com, tap “Sign Up” and enter your email and password. Easy, right? Now, you need to verify yourself. This is just standard stuff, so the Bond villains aren't set off to enable them. So you'll send them a picture of your ID, a quick selfie, and something proving your address (numbers of bills, obviously). usually? This part is legit quick; Unless Mercury is retrograde, most people are fine to go about 15 minutes or faster.
It is mostly about reining in scammers and maintaining their regulatory badges. People care about that kind of stuff. Honestly, it's not the worst security measure.
Step 2: Choose your coin, amount and payment method
Once you're inside, you get to scroll through a buffet of coins, including Bitcoin, Ethereum, stablecoins, and a bunch of altcoin wildcards. It's more diverse than the Netflix homepage. Just say how much you want to spend ($100? £300? It's your world) and the site tells you how much crypto you'll get, even showing all the fees up front. No hidden “gotchas”.
And yes, Paybis works well with all common payment types; Credit cards, bank transfers, even digital wallets if you're interested. Basically, if you have internet and a way to pay, you're good to go.
Step 3: Pay securely and get crypto in your wallet
After you confirm the deal, Paybis doesn't mess around with holding your coins hostage like some exchanges do. Your new, shiny crypto goes straight to your wallet. Most people see their new coins appear within minutes. This is a big deal, especially if you don't like waiting.
The control is all yours. You can send, sell, or just look at your new holdings, thinking that you are basically the next Satoshi Nakamoto.
Is Paybis Safe and Legal in 2025?
Paybis has been doing its work for a decade. With the proper licenses in the UK and EU, Paybis has some solid Trustpilot reviews as well as no history of disastrous hacks. Additional security stuff like 2FA, strong encryption, general distraction-level security measures. They make it very difficult for someone to steal your lunch money.
Paybis Fees and Limits Explained
So Paybis charges you two types of fees. The first is to keep the lights on, also known as a service charge; The second goes directly to the blockchain miners who verify your shiny new purchase, known as a network fee. How much you will be charged depends on your payment method and the coin you are purchasing, but you see everything upfront. No bad fine print.
If you want to invest a little you can start small, with just $50. If you're feeling adventurous, verified users can add up to thousands per purchase. There are daily and weekly maximum limits depending on your country and payment style, but all the details are stored on their site if you want to take a look.
Full details can be found on the official Paybis fees page.
How to choose your first cryptocurrency
People always want a cheat code here. There isn't one, but here's the skinny:
Bitcoin: It is “digital gold”. The most popular, safest, and least likely to evaporate overnight. Essentially, buying Bitcoin is a substitute for comfort food.
Ethereum: A little risky but crazy innovative. If you want smart contracts, DeFi, and apps, basically “cool kid” stuff, buy Ethereum.
Stable coins (like USDT or USDC): Cool option. Their prices do not fluctuate wildly because they are tied to the US dollar. If you're nervous about crypto turning your $100 into $60 overnight, good.
Overall, Paybis makes getting started less painful, and you'll see how much you're paying before you commit. Keep your wits about you, don't get fixated on something you don't get, and you'll probably be fine. Or, you know, at least don't make any big mistakes on the first day.
FAQ: Buying Your First Crypto with Paybis
Is $100 enough to start crypto?
Yes. Many beginners start as little as $100 to test the waters. Paybis allows low minimum purchases, making it accessible to all budgets.
Which crypto should a newbie buy?
Bitcoin and Ethereum are the most common starting points. This is because of their liquidity and reputation. Stablecoins are another option for those looking for a low-risk entry.
How much would I have had if I invested $1,000 in Bitcoin 5 years ago?
The price of Bitcoin averaged around $9,000 in 2020. Depending on the exact entry and exit dates, a $1,000 investment would now be worth more than $12,000.
What is the 80/20 rule in crypto?
It suggests putting 80% of your funds into stable, established coins like BTC and ETH, while using 20% for higher-risk altcoins.
Is crypto taxed as income?
In most jurisdictions, crypto is subject to capital gains tax when you sell or trade. Always check the guidelines of your local tax authority before investing.