Comparison of Paybis vs Kuna [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Paybis vs Kuna comparison!

Your expert: Alejandro Borja

paybis

Paybis

Your expert: Xavier Tarrasó

kuna

Kuna

Main points

Fees

fluctuate

Earns

Yes

Customer service

3/5
0,25%

Fees

Yes

Earns

3/5

Customer service


Recommended for

Beginners

Yes

Trading

No

Passive income

Yes

Buy and hold

Yes
No

Beginners

No

Trading

Yes

Passive income

Yes

Buy and hold


Comparison of fees

Rating

3.7 – Reasonable fees with additional benefits for instant purchases.
3.9 – Reasonable fees with strong local support in Eastern Europe.

Level

fluctuate
0,25%

Brief explanation

Paybis structures its commissions to be straightforward and transparent, ensuring that users are well-informed about any costs associated with their transactions. The exchange typically charges a fee on transactions involving fiat to crypto exchanges, with the exact percentage varying depending on the payment method used. For instance, credit card transactions might incur higher fees compared to bank transfers or other payment options. Additionally, Paybis also imposes a conversion fee if a currency conversion is necessary during the transaction. This commitment to clarity allows users to plan their trading activities without worrying about hidden charges.
Kuna has a straightforward and competitive fee structure. The exchange charges a flat trading fee of 0.25% for both makers and takers. This is in line with the industry average and provides a transparent fee model for users. Additionally, Kuna does not charge deposit fees, which makes it easier for users to add funds to their accounts without incurring extra costs. However, there are withdrawal fees that vary depending on the cryptocurrency. For instance, the withdrawal fee for Bitcoin is 0.0005 BTC, which is below the global industry average, making it relatively cost-effective for users withdrawing Bitcoin .

Paybis

Kuna

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Account Minimum

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Product selection

Native token

No
No

Earns

Yes
Yes

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

Paybis LTD
KUNA BITT LLC

Regulation

Regulated in the Reino Unido
Not regulated

Year founded

2014
2015

Founder

Innokenty Isers
Michael Chobanian

Payment methods

Transfers

No
Yes

Mastercard

Yes
No

Wire transfer

No
No

Card

Yes
No

Comparative table

Paybis FEATURES Kuna
Paybis offers a flexible minimum trade amount, making it accessible for beginners to start trading without a significant initial investment.
Minimum Trade
Allows trading with small amounts. User-friendly for beginners​​.
Paybis charges fees that are somewhat higher than some of its competitors, which might deter frequent traders seeking cost efficiency.
Trading and Transaction Fees
Competitive fees at 0.25% for both makers and takers​​.
While Paybis supports popular cryptocurrencies, its selection is limited compared to larger exchanges, impacting traders looking for variety.
Number of Cryptocurrencies
Supports over 20 cryptocurrencies including Bitcoin, Ethereum, and Litecoin​​.
Paybis has a moderate range of crypto-to-crypto trading pairs, but it lacks the depth found on platforms specifically designed for experienced traders.
Crypto-to-Crypto Trading Pairs
Limited number of trading pairs compared to larger exchanges​​.
The Paybis website provides clear information about fees and policies, although some users might seek more detailed data on security practices and fund storage.
Website Transparency
Clear information on fees and trading terms, though limited educational resources​​.
As Paybis focuses on simplifying the cryptocurrency trading process, it currently lacks additional financial tools like a payment card, which could enhance the versatility and everyday usability of its platform for users.
Credit/Debit Card
Kuna does not offer an exchange card for in-store purchases.
Paybis provides secure storage options, but it doesn’t offer as many advanced features like insurance or multiple signature options as some larger platforms.
Storage Offering
70% of assets are stored in cold storage, enhancing security​​.
Explanation: Limited opportunities for staking or earning rewards on Paybis may deter users looking to profit from holding cryptocurrencies.
Staking and Rewards
Does not offer staking programs or other passive income options​​.
The Paybis mobile app and desktop version are user-friendly and reliable, though they may lack some advanced trading tools found in more specialized apps.
Mobile App and Desktop
Offers a functional and user-friendly mobile app for trading on the go​​.
Paybis is highly rated for its customer service, offering quick and helpful support through multiple channels.
Customer Service
Multiple support channels available, but limited educational resources​​.
Deposits and withdrawals are generally straightforward and quick on Paybis, but fees associated with these processes might be higher than at other exchanges.
Deposit and Withdraw
Supports deposits and withdrawals in Ukrainian Hryvnia (UAH) and limited other methods​​.

Key features

Analysis tools

No trading tools, primarily a buying platform
Basic charting tools

Mobile APP

No
No

Security

High 4,6/5
High 4,6/5

Additional features

Instant crypto purchases, fiat on/off ramps, Paybis wallet, educational resources
OTC trading, staking, fiat on/off ramps, Kuna Code

Anonymity

Yes
Yes

Key points

Available cryptocurrencies

Limited, primarily major cryptocurrencies
50+

User-friendliness

Paybis offers a straightforward and easy-to-use platform that is ideal for beginners. The interface is clean and intuitive, making it easy to navigate and execute trades.
Kuna provides a straightforward and easy-to-use platform that is ideal for beginners. The interface is clean and intuitive, making it easy to navigate and execute trades.

Value for money

Provides reasonable value for money with competitive fees and a user-friendly interface, though it may lack some advanced features.
Delivers reasonable value for money with competitive fees and a focus on Eastern European markets, making it a good choice for regional users.

Countries of operation

Global, including United States, Canada, United Kingdom, Australia, Germany
Ukraine, Russia, Belarus, Kazakhstan

Best for

Ideal for traders seeking a user-friendly platform with competitive fees and a wide range of supported cryptocurrencies.
Best for Eastern European investors seeking a reliable platform with competitive fees and strong local support.

Base currencies available

USD, EUR, GBP
UAH, BTC

Account

Trading

Paybis provides a secure platform with easy fiat integration and a decent range of cryptocurrencies. It offers competitive fees but lacks advanced trading tools.
Kuna is a popular exchange in Eastern Europe, offering a good selection of cryptocurrencies and easy fiat integration. It has competitive fees but lacks some advanced trading tools.

Deposit and withdrawal

Paybis provides multiple deposit options, including bank transfers, credit/debit cards, and cryptocurrencies. Withdrawals are processed quickly, with competitive fees.
Kuna provides multiple deposit options, including bank transfers and cryptocurrencies. Withdrawals are processed quickly, with competitive fees.

Account opening process

Paybis offers a straightforward and user-friendly account opening process. Users need to provide personal information and verify their identity. The process is efficient and typically takes less than a day to complete.
Kuna offers a straightforward and user-friendly account registration process. Users need to submit personal information and verify their identity. The process is efficient and typically takes less than a day to complete.

KYC required?

No
No

Customer Service

Paybis offers extensive customer support via email, live chat, and phone. The support team is responsive and available 24/7, making it reliable for users globally.
Kuna offers support through email and live chat. The response time is quick, but the support team is not available 24/7, which may be a drawback for some users.

Security

Paybis employs robust security features, including 2FA and encryption. However, it is not regulated by major financial authorities, which might be a concern for some investors.
Kuna employs strong security features, including 2FA and cold storage. Despite its robust security measures, the platform is not regulated by top-tier financial authorities, which could be a concern for some investors.

Which of these exchanges is for you?

As one of the experts here at our site, I’d like to highlight that Paybis is a solid choice for both new and seasoned cryptocurrency traders. Its user-friendly interface simplifies the trading process, making it accessible to everyone. While its fee structure could be more competitive, the range of payment options and exceptional customer service make it stand out. Whether you’re making your first cryptocurrency purchase or looking for a reliable platform for frequent trading, Paybis offers a secure and transparent environment to meet your needs.
As an expert in cryptocurrency exchanges, I find Kuna to be a solid option, especially for users based in Ukraine. The platform is user-friendly and offers competitive fees, making it accessible for both beginners and experienced traders. However, the limited support for major fiat currencies and low trading volume might be a drawback for international users. Overall, if you are looking for a reliable exchange that supports Ukrainian Hryvnia and offers a secure trading environment, Kuna is worth considering.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

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