What is Paxful

By PupazzoInnevato | Pupazzo Tricks | 16 Feb 2020

Paxful was founded in 2015 by a team of experienced developers whose goal was to provide a safe and simple exchange platform for anyone who could buy and sell Bitcoin. The company's platform connects crypto enthusiasts by mediating between Bitcoin buyers and sellers.

Paxful is headquartered at 3422 Old Capitol Trail, PMB # 989, Wilmington, DE 19808, United States.

Customers on the platform can buy and sell cryptocurrencies using a wide range of payment methods such as PayPal, bank transfer, Skrill, credit / debit card, Neteller, Amazon gift cards, iTunes gift cards, as well as Steam gift cards, among others .


The Paxful platform

Paxful customers can trade Bitcoins using two different formats of the trading system. These include:

Web interface: Paxful offers a web-based trading platform which is very similar to that provided by other peer-to-peer exchanges. The system allows users to place two different types of orders. The first purchase option involves choosing the fiat currency and the preferred payment method, after which you can get the system to select the best offer for you. The platform automatically searches for the best offers.

With the second purchase option, you manually view the available offers and then choose the one that best suits you. The same applies to the sale option. The trading platform also provides users with a chat function which they can use to communicate with each other. Customers are provided with tons of other features such as, among others, the minimum and maximum order limits.


Mobile application.

Paxful provides users with the mobile version of the trading platform to allow them to buy or sell Bitcoins on the go. Customers can also use the mobile application as a wallet. The program comes with the chat option, among other critical trading features.
To make it easier for customers to determine that they are dealing with specific entities since the get-go, Paxful added a reputation ranking function to allow customers to see at a glance whether the person they are dealing with is trustworthy or not. . This feature serves as a good indicator that can help you decide whether or not to take an offer. The rankings are based on a client's activity, as well as on his rating, his trading history and his feedback, which can be viewed by anyone. Likewise, if you are a buyer, the "trusted supplier" badge allows you to see the people who make services fast and efficient. All transactions performed on Paxful are delivered to the users' Paxful wallet, which is offered free of charge.


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