Overview of PayBito
PayBito is a cryptocurrency exchange launched in 2022. It operates in the USA, Australia, Singapore, and UAE as of 2026. The platform supports spot, OTC, futures, and options trading, along with instant crypto purchases. It handles five fiat currencies: USD, EUR, INR, SGD, and AED, and around 50 cryptocurrencies.
PayBito provides a balance of features for both retail traders and institutional clients. However, it's not without drawbacks. For instance, while its security measures are robust, users have reported occasional withdrawal issues. The platform's focus on a white-label solution for businesses sets it apart from many competitors.
Key Features
PayBito offers several trading options. You can trade spot markets, OTC (over-the-counter) deals, futures contracts with leverage, and options. This variety suits different trading styles. For example, spot trading lets you buy and sell cryptocurrencies directly, while futures allow you to bet on price movements without owning the assets. The platform also supports instant crypto purchases, which is handy for quick transactions.
The mobile app works on iOS and Android, making it easy to trade on the go. However, some users prefer the desktop version for more detailed analysis. Security features include two-factor authentication (2FA), automatic KYC/AML checks, and wallet controls. These help keep your funds safe, though there have been occasional withdrawal issues reported.
PayBito supports various order types like Market, Limit, Stop-Limit, IOC (Immediate or Cancel), FOK (Fill or Kill), and OCO (One-Cancels-the-Other). This gives traders flexibility in how they execute trades. For example, a stop-limit order lets you set a specific price to trigger the trade and another to limit the execution price. According to Traders Union's February 2026 assessment, these order types are well-implemented and reliable for both novice and professional traders.
Fees and Costs
PayBito's fee structure depends on your 30-day trading volume. Spot trading fees start at 0.1% for makers and takers, but they drop to as low as 0.02% for high-volume traders. Futures trading fees are below industry average, which is a plus. However, withdrawal fees are higher than competitors like Coinbase, which charges a flat 0.5% fee. PayBito doesn't publicly list their withdrawal fees, but user reports suggest they're higher. Also, they don't support PayPal or credit/debit card deposits-only bank transfers. This can be a problem if you need quick funding options.
Traders Union's 2026 review gave PayBito a 5.9 out of 10 for trading fees, noting that while not the cheapest, it's competitive within the market. Their futures fees, however, are rated higher at 7.2 out of 10, indicating they're among the better options for leveraged trading. For OTC trades, fees are negotiated based on volume, which can be advantageous for large transactions.
Supported Assets
PayBito supports approximately 50 cryptocurrencies. This is significantly less than top exchanges like Binance (over 600) or Coinbase (250+), which limits your options if you're interested in smaller altcoins. However, major coins like Bitcoin, Ethereum, and Litecoin are available. The platform's asset list has been expanding, but it still lags behind industry leaders. If you're looking for a wide variety of tokens, you'll likely need to look elsewhere.
According to CoinGecko's January 2026 data, Binance lists over 600 cryptocurrencies, while Coinbase supports 250+. PayBito's current selection of 50 coins covers most major assets but lacks many emerging tokens. This could be a drawback for traders seeking niche cryptocurrencies.
Security and Compliance
PayBito uses bank-grade security protocols. Two-factor authentication is mandatory, and they handle KYC/AML checks automatically. Wallet security includes cold storage for most funds. However, according to HashCash Consultants' 2025 reviews, some users experienced withdrawal delays despite these measures. Traders Union's 2026 report notes that while security is solid, the platform could improve its withdrawal processes to match competitors like Binance, which has a more streamlined system.
SourceForge's August 2024 evaluation confirmed PayBito's strong security infrastructure, citing "industry-standard encryption and multi-signature wallets." However, they also noted that the verification process can be time-consuming, requiring multiple OTPs and document checks, which might deter some users.
User Feedback and Reviews
Based on aggregated reviews from Capterra, G2, and SourceForge, PayBito has an average rating of 4.2 to 4.3 out of 5 stars. Users frequently praise the clean interface and liquidity for trading pairs. However, common complaints include complex verification processes requiring multiple OTPs, limited fiat options, and inconsistent customer support during high-traffic periods. One trader from HashCash Consultants' 2025 review noted, "The platform maintains decent liquidity and has responsive customer service most of the time." But another user mentioned, "Sign-in process is complex and requires a lot of OTPs, which slows things down."
Capterra's November 2025 review compilation of 37 verified reviews showed an average of 4.2 stars, with "clean and simple interface" and "high liquidity for trading pairs" as top positives. G2's January 2026 analysis reported a similar 4.3-star rating based on 29 reviews, highlighting "good liquidity" and "affordable trading fees" as key strengths.
Pros and Cons
- Pros: User-friendly interface for beginners, strong security features, competitive futures fees, white-label platform for businesses, good liquidity for major pairs.
- Cons: Limited fiat currency options (only bank transfers), fewer supported coins than rivals, higher withdrawal fees, inconsistent customer support during peak times, complex verification process.
Who Is PayBito Best For?
PayBito is ideal for beginners who want a straightforward interface without overwhelming complexity. It's also a good fit for businesses looking to launch their own crypto exchange using the white-label solution. However, if you need access to hundreds of cryptocurrencies or fast fiat deposits via PayPal, you'll likely find better options. Traders focused on futures or OTC deals might appreciate the lower fees, but those prioritizing asset variety should consider alternatives.
According to HashCash Consultants' internal analysis from October 2025, PayBito's white-label platform accounts for approximately 35% of their business model. This makes it a strong choice for entrepreneurs wanting to create a branded exchange without building infrastructure from scratch. For retail traders, the platform offers a solid middle ground between simplicity and advanced features, though it may not satisfy those seeking the broadest asset selection or easiest fiat access.
Frequently Asked Questions
Is PayBito safe to use?
Yes, PayBito employs robust security measures including 2FA, automatic KYC/AML checks, and cold storage for most assets. However, some users report occasional withdrawal issues. Overall, it's considered secure but not without minor drawbacks.
How many cryptocurrencies does PayBito support?
As of 2026, PayBito supports approximately 50 cryptocurrencies. This is fewer than major exchanges like Binance (600+) or Coinbase (250+), which may limit options for altcoin traders.
Does PayBito support fiat deposits?
PayBito supports bank transfers for five fiat currencies: USD, EUR, INR, SGD, and AED. However, it does not accept PayPal, credit/debit cards, or Google Pay for deposits or withdrawals, which can be inconvenient for some users.
What is the white-label platform?
PayBito's white-label solution allows entrepreneurs to launch their own branded crypto exchange with pre-built infrastructure, banking integrations, and liquidity. This is a key differentiator for businesses, as most exchanges don't offer this service to third parties.
How does PayBito compare to Binance?
Binance offers more cryptocurrencies (over 600), lower fees, and broader fiat options. PayBito, however, has a simpler interface for beginners and a unique white-label service for businesses. If you're a retail trader needing a wide range of assets, Binance is better. For businesses looking to create their own exchange, PayBito's white-label platform is a strong choice.