Why look for a Paybis alternative?
Paybis launched in 2014 as a platform to buy and sell crypto with everyday payment methods — card, bank transfer, PayPal, Skrill — with no trading interface or order book. Its EU entity SIA "Paybis Europe" (Riga, Latvia) obtained CASP authorisation under MiCA on 12 May 2026.
Paybis remains an on-ramp broker: you buy crypto and receive it in a custodial wallet or send it to an external address — no order book, native staking or crypto card. We compare Paybis and Bit2Me with public, dated sources for anyone operating in euros in Europe.
That licence changes the legal framework, not the product. Paybis remains, first and foremost, an on-ramp broker: you buy crypto and receive it in Paybis’s own custodial wallet or send it directly to an external wallet; there is no exchange with an order book, no native staking and no crypto card. The brand has also historically operated through several entities — a UK company (Paybis Ltd), an operating entity in Poland (Paybis Poland Sp. z o.o.) and now the Latvian CASP — so it is worth confirming exactly which entity you are contracting with before depositing.
This guide compares, with public and dated sources, how Bit2Me stacks up against Paybis on regulation, custody, fees and support for operating in euros in Europe — the ground where it is really decided which platform makes sense for more than a one-off purchase.
Why so many people doubt Paybis
Stacked card fees
Service (1.49%) plus processing (4.5%-8.5%) stack on every card purchase from the second buy of each asset.
Only buy and sell, no exchange or staking
No order book, no margin/futures, no native staking programme and no crypto card of its own.
A brand-new Latvian CASP
MiCA licence in force only since May 2026 — the most recent among peers Bit2Me is typically compared against.
Public record
Reputation and documented facts about Paybis
Sanctions, incidents or controversies recorded in official sources or verifiable media. Bit2Me does not pass judgment: we cite public facts.
Intercurrency Software LLC sued Paybis Ltd. for patent infringement over currency-exchange platform technology in a US federal court (Eastern District of Texas). The case closed in December 2024 via a joint dismissal with prejudice following a confidential settlement, with no finding or admission of liability.
Source: patsnap.com
Independent reviews (Coin Bureau) and Trustpilot’s own public reviews document a recurring pattern of accounts suspended or transactions rejected for compliance reasons that Paybis does not disclose to affected users, presented by the company as part of its anti-fraud and security controls.
Source: coinbureau.com
These records do not rule out the competitor being suitable in other contexts; they are part of the due diligence worth doing before depositing funds.
Verdict
Paybis and Bit2Me are both MiCA-authorised CASPs — regulatory tie. You sign with Paybis through SIA "Paybis Europe" in Latvia, authorised on 12 May 2026, limited to buying and selling crypto for up to a 1.49% service fee plus 4.5%-8.5% processing on cards. Bit2Me is a Spanish company under the CNMV since July 2025, with Pro, Earn, Card, Loan and Tax, free SEPA and multilingual human support. If you only buy crypto occasionally without ID verification, Paybis is fast; if you want to trade, custody and report under one CNMV-supervised European exchange, Bit2Me fits better.
Regulated by the CNMV · Support in your language · +1 million users · Promotion subject to terms
Paybis vs Bit2Me: comparison
The dimensions that matter most to a retail user in Europe.
Before products: trust
Who you really deal with: Bit2Me vs Paybis
An exchange isn't chosen on price or catalogue alone. Look at who answers for your money, from where and with what backing.
Bit2Me- Real HQ
- Spain (EU) — parent company, not a subsidiary
- Supervised by
- CNMV (Spain), under MiCA
- Operating since
- 2014, with no security incidents
- Who's behind it
- Backed by Tether, Telefónica, Bankinter and other institutions
Paybis- Real HQ
- Operating HQ in Warsaw (Poland); EU-regulated entity: SIA "Paybis Europe", in Riga (Latvia).
- Supervised by
- Bank of Latvia (Latvijas Banka) for the MiCA CASP and PSD2 licence, both since 12/05/2026; FinCEN (US) and FINTRAC (Canada) for other jurisdictions.
- Operating since
- 2014
- Who's behind it
- Private company; over 6.9 million historical customers and $5.5bn in cumulative volume as self-reported by the company.
| Feature | Bit2Me | Paybis |
|---|---|---|
| Regulation and licencesDecisive | Bit2Me:MiCA CASP by the CNMV since July 2025 — nearly a year more track record than Paybis’s Latvian licence (May 2026). | Paybis:CASP authorised by the Bank of Latvia since 12/05/2026 (SIA "Paybis Europe"), together with a PSD2 payment-institution licence the same day. |
| Real HQ & jurisdictionDecisive | Bit2Me:Bit2Me advantageA Spanish company headquartered in Spain (EU): you contract, file claims and are supervised before the CNMV, with no intermediary subsidiaries. | Paybis:Brand historically operated through several entities (UK, Poland and now Latvia); it is worth confirming you are contracting with SIA "Paybis Europe" and not another group affiliate. |
| SecurityDecisive | Bit2Me:Bit2Me advantageCold custody insured under a $150M policy and withdrawal to your own wallet by default; Paybis uses a custodial wallet with no published PoR. | Paybis:Custodial-by-default wallet (no seed phrase); no published proof of reserves or fund insurance per independent review. |
| Data protection (GDPR)Decisive | Bit2Me:Your data is processed in the EU under the GDPR, with the safeguards of the European data-protection framework. | Paybis:SIA "Paybis Europe" operates as a Latvian entity under GDPR; per its own terms, the group keeps infrastructure and affiliates outside the EEA (US, UK, Poland). |
| Fund insuranceDecisive | Bit2Me:Bit2Me advantageAssets in Bit2Me Custody are insured under a $150M policy. | Paybis:No published insurance policy on custodied funds («N/A» in independent security reviews). |
| Customer supportDecisive | Bit2Me:Bit2Me advantageMultilingual human support and a CNMV complaints channel; Paybis offers 24/7 chat with no documented phone line. | Paybis:24/7 live chat in 9 languages with a 1-2 minute response time; no documented phone line. |
| FeesDecisive | Bit2Me:Bit2Me advantageFrom 0.1% (up to 0%/0.10% on Pro) — without Paybis’s stacked service + processing fee on cards. | Paybis:1.49% service fee (0% on the first purchase of each crypto) plus a 4.5%-8.5% processing fee on card. |
| Buy in euros (SEPA/card)Decisive | Bit2Me:Bit2Me advantageEUR purchases via SEPA and card, built for European users. | Paybis:Over 20 payment methods (card, SEPA, PayPal, Skrill, Apple/Google Pay) in 180+ countries, all with the service and processing fee applied. |
| Products and servicesDecisive | Bit2Me:Bit2Me advantagePro, Earn, Card, Loan and Tax in the same account; Paybis is limited to buying, selling and a custodial wallet. | Paybis:Crypto buying and selling, a custodial wallet and a B2B on/off-ramp API; no order-book exchange, staking or crypto card of its own. |
| Withdraw to your own wallet | Bit2Me:Bit2Me advantageYou can withdraw your crypto to your own wallet whenever you want. | Paybis:Paybis’s wallet is custodial by default (Paybis holds the keys); sending to your own wallet is a checkout option, not the default state. |
| Ease of use | Bit2Me:Full app with Pro, Wallet and Academy in Spanish; requires KYC verification before trading. | Paybis:No-KYC purchases up to $1,000 in most regions and full verification in about 2 minutes when required. |
Bit2MeHow we made this comparison
We analyse regulation, security, support, fees and catalogue using public, verifiable information from both platforms, updated as of July 1, 2026. Bit2Me is the platform publishing this page, so we have deliberately included points where the competitor stands out, and we recommend always checking the data on the official websites before deciding.
Sources consulted (July 1, 2026)
Regulated by the CNMV · Support in your language · +1 million users
Why Bit2Me lets you sleep at night
If Paybis solves only one part of the journey, these are the Bit2Me safeguards for entering, operating, and exiting crypto with euro rails and human support.
Crypto that doesn't stain you
Bit2Me complies with KYC/AML and is registered with the Bank of Spain: your operations don't mix with illicit-origin funds on a supervised platform.
Headquartered in Spain, not a tax haven
Bitcoinforme S.L. operates under European law with the CNMV as its direct supervisor.
Free, automatic tax report
Download it from the app or web for every tax year you've traded, at no extra cost. It generates itself from your activity.
No security incidents since 2014
Five consecutive independent audits back our operational soundness.
Human support in your language
24/7 support in your language, with a phone line (+34 910 91 37 88) and people — not bots — answering from Spain.
A platform that doesn't go down
Multi-region high availability, 24/7, 365 days a year, with ~100 ms average response.
Your funds, when you decide
Withdraw to your own wallet at any time. No lock-in, no penalty.
$150M insurance on custody
Assets in Bit2Me Custody are insured for $150M (USD), with segregated cold storage and multisig + HSM FIPS 140-2.
Paybis in Latvia (May 2026) vs Bit2Me’s Spanish CASP: regulatory tie, not track record
Per Latvijas Banka and Paybis’s terms, SIA "Paybis Europe" obtained CASP authorisation under MiCA on 12 May 2026 and a PSD2 payment-institution licence the same day — EU passport including Spain. Before that, the brand operated under lighter national registrations, not full MiCA.
Bit2Me has been authorised as a CASP by the CNMV since 28 July 2025 — nearly ten months before Paybis’s Latvian licence — as a single Spanish company. Both are MiCA CASPs: tie on regulation; the difference is who you claim against and how much track record backs the licence.
Paybis’s custodial wallet vs Bit2Me’s insured cold custody
Paybis’s default product is a free custodial wallet: Paybis holds the keys and the user does not receive a seed phrase. Independent reviews list no published proof of reserves or fund insurance; PCI DSS Level 1 protects card data, not crypto custody.
Bit2Me keeps funds mostly in cold storage, insures Bit2Me Custody assets under a $150M policy, has operated without a security incident since 2014 and holds ISO 27001/27701/22301 certifications.
Stacked service + processing fees at Paybis vs published fees from 0.1% at Bit2Me
Paybis charges a 1.49% service fee (0% only on your first purchase of each crypto) plus 4.5%-8.5% processing on card. In Paybis’s own example, buying $1,000 by card costs $62.90 total (~6.3%).
Bit2Me publishes simple-purchase fees from 0.1% and Pro up to 0%/0.10% taker on liquid pairs, with free SEPA — €1,000 at 0.10% taker = €1 vs roughly $63 in Paybis’s card example.
What do you really pay?
Move the amount and compare Bit2Me Pro with Paybis's published retail fee.
On Bit2Me Pro (liquid pairs, 0.10% taker)
€1.00
Down to 0% when trading as maker.
On Paybis, card purchase (1.49% service + 4.5% processing)
€50.00
The service fee drops to 0% only on your first purchase of each crypto; the processing fee rises to up to 8.5% depending on currency/method, plus a separate network fee.
Fee savings
€49.00
98% less on this trade
Indicative trading fees only — excludes spread, gas and deposit/withdrawal charges. Always cross-check Paybis's official pricing.
24/7 chat with no phone line at Paybis vs multilingual human support at Bit2Me
Paybis offers 24/7 live chat in 9 languages with a 1-2 minute first-response time on Trustpilot — genuinely responsive, but no documented phone line.
Bit2Me answers with multilingual human support (phone, email and chat) from a European team, with the CNMV as the formal complaints channel.
Buy and hold, or actually trade: on-ramp broker vs full exchange
Paybis’s core product is the «buy crypto with a card or transfer» funnel: no live order book, no margin or futures, no native staking and no crypto card. If your entire crypto journey is «buy monthly and hold», this simplicity is enough.
Bit2Me covers that first purchase and everything after: Pro’s order book, Earn, Card, Loan and Tax — all under the same CNMV-authorised company. Going beyond a first purchase on Paybis usually means opening a second platform; on Bit2Me it means opening another tab.
What switching from Paybis to Bit2Me really costs
Getting crypto out of Paybis’s custodial wallet means sending it to an external address: check the network and do a small test first — the network fee is variable and non-refundable.
Arriving at Bit2Me costs nothing extra: SEPA deposits are free and Pro’s fees do not require any paid plan. Do a test withdrawal from Paybis first, then move the bulk — resolve any doubt with multilingual human support.
Which one to choose? It depends on your profile
Bit2Me — pros
- MiCA CASP authorised by the CNMV since July 2025, with nearly a year more track record than Paybis’s Latvian licence.
- Cold custody insured under a $150M policy and withdrawal to your own wallet by default, without a custodial-only wallet.
- Published fees from 0.1% (up to 0%/0.10% on Pro for liquid pairs) versus Paybis’s stacked 1.49% + 4.5%-8.5% on card.
- Without chat-only: multilingual support and a CNMV complaints channel, not only 24/7 chat.
- A suite of over 30 products (Pro, Earn, Card, Loan, Tax) versus Paybis’s buy/sell broker.
Paybis — things to consider
- Buying without identity verification up to $1,000 in most regions, including the EU, and full KYC in about 2 minutes when required.
- Over 20 payment methods (card, SEPA, PayPal, Skrill, Neteller, Apple/Google Pay) and coverage in over 180 countries.
- Service fee (1.49%) plus processing fee (4.5%-8.5% on card) stacked on every purchase after the first of each asset.
- Custodial-by-default wallet with no published proof of reserves; no order-book exchange, staking or crypto card of its own.
- MiCA CASP licence in force only since May 2026, the most recent among the competitors typically compared with Bit2Me.
When to choose Paybis?
- You buy crypto occasionally with a card, PayPal or Skrill and prefer not to verify your identity for small amounts.
- You need coverage in a non-EU country where Paybis offers local payment methods Bit2Me does not cover.
If, on the other hand, you are looking for a Paybis alternative because you care about European regulation, predictable fees, the safety of your funds and support in your language, Bit2Me addresses exactly those needs.
What you gain switching from Paybis
Without a brand-new CASP
CNMV since July 2025 (10 more months of track record) versus Paybis’s Latvian licence since May 2026.
Without a custodial-only wallet
Withdrawal to your own wallet by default, without depending on choosing it as a checkout option.
Without stacked fees
Service + processing up to 8.5% on card at Paybis; from 0.1% at Bit2Me, up to 0%/0.10% on Pro.
Without chat-only support
Multilingual human support versus 24/7 chat with no documented phone line.
Without a buy-only broker
Pro, Earn, Card, Loan and Tax in the same account versus buying, selling and a custodial wallet.
Without an unpublished insurance policy
Documented $150M policy over Bit2Me Custody versus N/A in Paybis’s published fund coverage.
Switch from Paybis to Bit2Me
Open your account in minutes: euros via SEPA, full CNMV oversight and support in your language when you need it.
15€ welcome bonus when you create your account and buy €100 or more in crypto. Promotion subject to terms.
Regulated by the CNMV · Support in your language · +1 million users
How to switch from Paybis to Bit2Me
Create your free Bit2Me account and verify your identity (KYC) in minutes.
Copy the deposit address of your Bit2Me Wallet for each cryptocurrency you hold on Paybis.
From your Paybis wallet, withdraw each asset to that address (check the network and do a small test first) or sell and transfer by bank.
Questions? Multilingual support walks you through it. You can keep Paybis for occasional card purchases and use Bit2Me to trade, custody and report.
15€ free when you create your account and buy €100 or more in crypto
Regulated by the CNMV · Support in your language · +1 million users
What they say about Bit2Me and who backs us
4.2/5
“One of the most reliable exchanges in the world, based on an analysis of 40+ indicators: fiscal headquarters, transparency, asset protection and user experience.”
“The Good Exchange: the most easy, secure and complete crypto exchange.”
Frequently asked questions
Conclusion
Paybis solves one specific problem well: buying crypto fast with a card, transfer or PayPal, even without ID verification for small amounts, thanks to its freshly minted Latvian MiCA CASP licence. But if you operate in euros in Europe and want more than buying and holding — Pro trading, Earn, Card, Loan and Tax under a CNMV with nearly a year more track record, published fees under 1% and multilingual human support —, Bit2Me is the Paybis alternative built for the European crypto user.
Data accuracy
This comparison draws on publicly available information on the internet — official fee schedules, regulator registers and verifiable announcements — and was cross-checked on July 1, 2026. If you spot an error or outdated figure, contact us and we will review it.
