I want to start using the Paybis wallet app to buy and store Bitcoin, but I'm worried about losing my phone. Does the app use seed phrases like other wallets, or would I lose everything if my phone breaks or gets stolen?

Good question – it's not like a typical seed‑phrase wallet. Paybis is a custodial wallet, meaning your funds are tied to your account, not just your device. If you lose your phone, you just log into your Paybis account from a new device using your email and password. You'll need to go through verification again (since they have KYC), but your crypto isn't gone. The app link is https://apps.apple.com/us/app/paybis-wallet-buy-bitcoin/id1584641245 – I'd recommend setting up two‑factor authentication and keeping your login details safe. It's less decentralized than a hardware wallet, but for small to medium amounts, the convenience of account‑based recovery is worth it. I've tested logging in from a different phone and my balance was there.

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Cabinet IQ
8305 State Hwy 71 #110, Austin,
TX 78735, United States
254-275-5536
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