Paxful Pratt Fort Bitcoin earned the trust of over 3 million people worldwide.
What is Paxful ?
Paxful is a reliable platform and has earned a good reputation. Trusted by over 3 million people around the world. You don't need to worry about the reliability of the platform. But as you know it is a market so you have to be careful in choosing the seller. You should make sure that the seller is genuine and not a scammer. What should be noted here is that you do not need to compare the integrity of the platform with the vendor. If you find a bad seller, that doesn't mean the site is bad. In simple words, you wouldn't blame eBay for a bad seller selling you a bad product. In terms of safety, pay attention to the reputation of the seller. The more positive reviews the seller has, the better chance it will be to become a genuine seller.
Since it's a marketplace and everyone can do their own prices, you never know how much you'll pay for it. Please do good research on current market prices.
Paxful has an acceptable level of trust if you compare it to other exchanges available on the internet. If you look at the history of this exchange you will not find a single hack. This increases user confidence on the platform. People have peace of mind about the safety of their investments. They know their money is in safe hands.
Website https://paxful.com/
How does Paxful work?
There are many trading exchanges available on the internet. The beauty of Paxful is that when you buy on this website you pay nothing in transaction fees to the platform. The seller pays between 0.5% and 5% of the total turnover to the website and can decide the Bitcoin price themselves. The chances are that you will find Bitcoin for the current market price or below.
You will find various exchanges on the website selling Bitcoin that offer different views of trading. Most of them offer price charts and order history, which are good for cryptocurrency exchanges. However, Paxful 's motto is simple and fast, so it has a clean and easy to use interface. It doesn't include charts and other widgets that complicate the screen. At Paxful you'll find options to buy Bitcoin and sell Bitcoin, 300 payment methods to choose from, a registration method, and the currency you want to pay for Bitcoin.
Buying Bitcoin on Paxful is easier than you think. When you create an account on the website, you will instantly receive a free Bitcoin wallet .
Paxful Features
- 300+ payment methods
- No transaction fees for buyers. (Note that each seller adds a fee on top of the price.)
- The seller pays a fee of 0.5% to 5% (depending on the payment method).
- Paxful Security : Trade with escrow Paxful will keep your money until you get your BTC.
- Instant live chat with sellers
- Exclusive customer support 24/7
- Free secure Bitcoin wallet
Pros and Cons Paxful
advantages
- low fees
- A variety of payment methods and currencies are accepted, at least in theory.
- easy to join
Disadvantages
- slow customer support
- A high commission (by the seller) is charged for buying Bitcoin through unusual methods or in non-critical currencies.
How to apply for Paxful
-Click on Create account at the top right to go to the subscription page.
Fill in the information required by the system correctly to apply for membership
Your email address : Your email address
Create password : Create password -Click
on Create Paxful account to create an account.
-Then slide the puzzle to complete the assembly to continue.
-A link will be sent to us to verify your email to the registered email address. So open your email and click on Verify email to verify the email.
# Then the website will automatically login. If you can't find the email sent by the website, go to the spam folder.
Verification Paxful
-Hover over your username located in the top right corner of the page and click on Verify Me. A dialog box with verification video instructions will appear.
-After watching our video, click Continue verification to continue.
Fill in the information required by the system correctly
Country your photo ID is from : Choose the country that matches the document you will use to verify
Type of photo ID : Choose the type of document you use
for verification -Click on Start verification process to start checking. Exam
-Choose a method to verify your identity
-Click on Choose file and upload documents or cards to verify your identity.
- Click on Confirm to confirm the submission of identity verification documents.
- Click on Choose file and upload a picture of the back of the card.
-The next step after submitting your ID is to complete the face verification. to verify your identity on your face To check the face of the face, click Continue to center your camera face displayed.
- Make sure your camera is working and placed correctly, click on Continue.
-Looking straight into the camera Make sure you dress nicely and don't wear glasses or hats. Follow the instructions by moving your face closer to the camera. Fit your face into the oval frame when you're ready and click Start to take a picture.
# In case of error click try again, in case of success your photos will be automatically sent to our review team.
Using Paxful
purchase
- Click in Buy the Bitcoin above to go to buy a bit Coyne.
-Click on Show All or select the payment method you want to buy bitcoin in the box or click see offer for all payment options to see a list of all available payment methods -click
on Any currency and Choose your currency from the list. Enter the amount you wish to trade.
-Choose your country from the Location list -Click
on SEARCH FOR OFFERS The list of offers will be updated according to your search terms.
-Check tags and labels for more information on offers. When you find the offer you want, click on Buy.
Study the full details of the offer, for example:
Buying limits – is the amount offered is not too low or too high?
Seller's rate – Is it profitable for you?
Time limit – will you be able to manage the payment processing within this time frame?
Offer terms – Does the seller request additional documents or specific requests as part of the trading process?
-Enter the amount you are ready to trade in the space or BTC field. Then click on BUY NOW to buy. You can also click on Take a Tour to get step-by-step instructions in case you have any questions or concerns.
- Discuss the necessary details with your partner using our trade chat and follow the instructions carefully.
-After payment, click on I have paid . To confirm that you have paid .
# The seller will release BTC from the contract to your Paxful wallet. The trade is complete.
sales
-Click on Sell Bitcoin above to go to sell bitcoin page
-Click on Show All or select the payment method you want to sell bitcoin in the box or click see offer for all payment options to see a list of all available payment methods -click
on Any currency and Choose your currency from the list. Enter the amount you wish to trade.
-Choose your country from the Location list -Click
on SEARCH FOR OFFERS The list of offers will be updated according to your search terms.
-Check tags and labels for more information on offers. When you find the offer you want, click on Sell.
-Enter the amount you are ready to trade in the space or BTC field. Then click on SELL NOW . to confirm the sale.
- A new warning dialog will appear. Confirm reading of the warning by clicking on I understand.
- Discuss the necessary details with your partner using our trade chat and follow the instructions carefully.
-When your partner has made the payment, click on Release bitcoin.
- Double check that the amount sent to you is correct, confirm the sending of BTC to the buyer by clicking Release bitcoin in the dialog that appears to confirm the sale.
# You release BTC from the contract to the buyer 's Paxful wallet. The trade is complete. If you need a public receipt For BTC transactions , click Public receipt at the bottom of the page.
Paxful fee
The fees charged by the platform are attractive to new bitcoin buyers. Buyers do not pay the website any money for the services it offers to its users. But it's a marketplace that can be compared to eBay, so every seller can make their own prices.
The seller will be charged according to the platform according to the payment method provided. For using bank transfer they have to pay a 0.5% fee and for gift cards it can be up to 5% so you need to take into account that the seller must include these charges in the displayed price otherwise he will sell. Bitcoin with a loss
Paxful Summary
Paxful allows users to buy Bitcoins with almost all possible payment methods. The user experience is very intuitive and while everything looks neat. But there are still some things you need to be careful of.
First, make sure you get the right exchange rate, depending on your payment method, the exchange rate can sometimes be up to 2x the “official” price of Bitcoin found on traditional exchanges.
Second, make sure your seller is reputable and has traded enough in the past to avoid being scammed, as long as you are aware of these two issues, this platform will offer a solid solution for buying. and sell) Bitcoins
Paxful Terms of Service
We reserve the right to modify, amend, modify or amend this Agreement at any time in our sole discretion. The sole and absolute discretion and without prior notice. Any changes related to your use of the Service will be effective upon posting on the Paxful website and not retroactively. If you provide an email address, we may notify you by email that the Agreement has been amended. IF YOU DO NOT AGREE TO THE TERMS OF THE REMEDIES AGREEMENT Your sole and absolute discretion is to immediately terminate your use of the Service and close your account.
Contact
Paxful Frequently Asked Questions
Minimum payment ?
Traders can request any total amount but the minimum trade amount is 10 dollars (in other currencies too).
What are the associated fees?
If you wish to use an external BTC address for a transaction, every time an external transaction is used, a sending fee of 0.0005 BTC will be deducted from the amount.
Payment method ?
Paxful accepts over 300 payment methods, with the most popular being credit cards, PayPal, Amazon gift cards, bank transfers and Western Union.
