Paxful is located in Wilmington, Delaware, USA. It was established in 2015 by Ray Youssef and Artur Schaback.
Developers sought to create a peer-to-peer marketplace that allows buyers and sellers to interact after posting trade offers.
The site operates as a mediator between interested parties and provides a space for its users to interact.
Paxful is a popular option for trading Bitcoin as the site is user-friendly and offers the most diverse range of payment methods available online. Payment options include bank transfer, credit or debit card, PayPal, MoneyGram, and Skrill.
In addition to these methods, users can also choose to make purchases by using any of a huge number of gift cards such as Amazon and iTunes. These options make Paxful a handy location for buying and selling Bitcoin.
Paxful is not exactly a cryptocurrency exchange, but rather a peer-to-peer market for its users and investors. It gained popularity after it helped sex workers accept Bitcoins as payment when Visa and MasterCard stopped lending services to their back-page.
They operate throughout the world and are frequently compared to LocalBitcoins.com which also acts as a peer-to-peer marketplace for Bitcoins.
Official website: https://paxful.com/
The interface is user-friendly in nature and welcoming for beginners. Anyone who wants to buy crypto-assets using digital payments can easily make the purchase. You do not need to spend time going around the website and learning about its functioning.
The most profitable part of Paxful is that it offers more than 300 payment options for its users. From cash payments to digital payments, users can choose any means to pay for their Bitcoins.
They can even use credit cards or debit cards to pay for Bitcoins on Paxful. Users have the option to activate 2FA (two-factor authentication) on their devices to add an extra layer of security. You can also verify your mobile numbers and email ID if you want to.
The orders are processed quickly on Paxful. They do not take much time to process orders. And if you want to make a cash deposit to Paxful account too, you can do that easily. Later you just need to upload a receipt after which you will receive your Bitcoins in your wallet.
Paxful is available worldwide without much problems or compliance issues. Paxful is popular for its wide variety of payment options that it provides its users to buy Bitcoins from.
FREE DEMO ACCOUNT:
There is no free demo account.
Paxful allows traders to make payments via over 300 channels. Some of these options include:
Debit/Credit cards. Paxful clients can use their debit or credit card to make payment on the Paxful exchange platform. These cards include MasterCard, VISA, AmEx.
Gift cards. Paxful users can use gift cards to make payments on the exchange. Thee are accepting gift cards include Amazon gift cards, Target Gift cards, Walmart gift cards. As well as BestBuy gift cards, GameStop gift cards, etc.
Cash deposits. Users can make cash payments by making cash deposits at the teller. After depositing the funds, you will need to upload the receipt to have your Bitcoin transferred to you.
E-wallets. You can make payment from the comfort of your home by utilizing mediums such as PayPal, PerfectMoney, Skrill, OKPay, Serve to Serve Transfer, Paxum, NetSpend, as well as a host of other online wallets.
Money transfer services. You can make payments via money transfer services such as MoneyGram and Western Union.
Paxful’s customer support team does their maximum to help clients efficiently and in a friendly manner. They will handle issues for you and do their best to ensure that you are satisfied.
Another benefit of the company’s support services is that you can reach support in several ways, through email, phone, live chat, networks Facebook and Twitter.
They said about Paxful:
* Very simple and extremely fast! This was my first time buying, asked questions which were answered promptly and with much respect!!! Will buy from this seller again and I suggest buying from him!!!!
* Awesome and very patient with me walked me through the process thank you.
* Very pleasant and meticulous. Made the transaction feel very secure!