I want to move my crypto off the exchange, but I'm nervous about wallet security. How do I know if an app like Paybis is safe? Does it have proper encryption and security measures?
Is the Paybis wallet app actually secure for storing crypto?
by Edgar Michaud -
Number of replies: 1
In reply to Edgar Michaud
Re: Is the Paybis wallet app actually secure for storing crypto?
by Pau Bracewell -
I had the same concern before I started using it. Paybis uses bank‑level security – TLS encryption for all data, PCI‑DSS certification, and they comply with AML/KYC regulations. The app is also regulated in multiple jurisdictions. It's designed as a secure crypto wallet with features like advanced fraud protection and 24/7 monitoring. While it's custodial (they hold the keys), they keep customer funds separate from their own operating funds and have never had a breach. I've used it for months without any issues. For extra peace of mind, you can always enable two‑factor authentication inside the app.