Paxful crypto

Author: g | 2025-04-23

What is Paxful, and is it a safe alternative to centralized exchanges? Learn more about this crypto P2P marketplace in my Paxful review! Learn more about this crypto P2P How to buy crypto with an online wallet on Paxful. Looking to get into crypto without having to use a bank account? On Paxful, you can buy Bitcoin (BTC), Ethereum

Paxful Review - Hedge With Crypto

Are pricey for transfers, while coins like Litecoin or Bitcoin Cash generally have lower fees.Double-check before confirming: Always review the network fee before completing a transaction to ensure you’re good with the cost.Do I need to worry about taxes when using Venmo for crypto?Unfortunately, yes—crypto transactions can have tax implications. You might owe taxes on any gains if you sell, exchange, or receive crypto (including through features like “Cash Back to Crypto”). Track your transactions and report them properly when tax season rolls around!Buying crypto outside the Venmo appWhile Venmo lets you buy cryptocurrency directly in the app, you can also use it to purchase crypto through peer-to-peer crypto marketplaces like Paxful. Here’s how to do it step by step:1. Create a Paxful accountRegister with Paxful using your email and phone number. You can do this on the website or on the app (available on Google Play or iOS).To start trading, you must complete the KYC process, which includes verifying your identity with a government-issued ID—a standard security measure.2. Search for crypto offersOn the Paxful homepage, enter what crypto you want to buy (BTC, ETH, USDT, or USDC), how much you want to spend, and choose your preferred currency.Click “Find Offers” to browse sellers accepting Venmo.💡 Tip: Use “Verified offers” filters to find trusted sellers with strong ratings. Check the image below for how to access verified offers.3. Choose a sellerLook for sellers with:Competitive pricingA solid track record (lots of completed trades)High positive feedback💡The better the seller’s reputation, the smoother your transaction will likely be.4. Check the seller’s termsClick Buy on a seller’s offer to review their requirements.Some sellers may ask for a screenshot of your Venmo balance to confirm you’re the account owner—this helps prevent fraud.If the terms seem reasonable, move to the next step.5. Start the transactionEnter how much crypto you want to buy and hit Buy Now.A chat window will open, and you can use it to ask questions or clarify details. (Keep all communication within Paxful’s chat to protect yourself in case of a dispute.)6. Send the Venmo paymentThe seller will provide their Venmo details—double-check them before sending money.Once you send the payment, click Paid on Paxful and let the seller know in the chat.7. Receive your cryptoPaxful holds the cryptocurrency in escrow until the seller confirms your payment.Once confirmed, the crypto is released to your Paxful account.You can transfer it to your wallet or leave it in Paxful for future trades.What are the advantages of buying crypto with Venmo?Venmo makes getting into cryptocurrency easy—especially if you’re new. Here’s why it’s a great option for beginners:1. Easy-to-use interfaceVenmo’s design is simple and intuitive, so you don’t need to be a crypto expert to buy, hold, or sell digital currencies. The app walks you through the process with clear instructions and real-time updates, making it a stress-free experience.2. No extra setups neededAlready using Venmo to send and receive money? Great! Since your bank account or debit card is likely already linked, buying crypto is just an extension

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Send in your payment, mark the trade as Paid and give your seller a few minutes to review your payment. Step 3: Receive your crypto and leave feedbackAs soon as your payment is verified, the seller will release the crypto from our secure escrow and the trade is complete. Congratulations, you’ve just purchased crypto using your favorite online wallet! All that’s left to do is leave feedback for your trade partner. Get started todayAs you can see, buying crypto on Paxful using an online wallet isn’t that hard. For more information on how Paxful works, you can check out our Help Center or contact us to learn all you need to know. Ready to go out and buy some more? We’ve got offers waiting for you. Get started with Bitcoin Buy Bitcoin on Paxful for as little as $10 and take advantage of competitive fiat to Bitcoin conversion rates and zero extra fees. Buy Bitcoin Today

How To Buy Crypto With Venmo - Paxful

Get the top cryptocurrencies from nearly anywhereBuy, sell, send, or receive Bitcoin (BTC), Tether (USDT), Ethereum (ETH), and USD Coin (USDC) directly to and from your free Paxful wallet.Why people-powered money wins- Support for all major payment methods. Users can buy and sell cryptocurrency using 450 payment methods, with or without a bank account, including via gift cards, debit and credit cards, bank transfers, and online wallets.- Support for +100 currencies across more than 140 countries- Users can buy Bitcoin, USDT, ETH, and USDC with no fees- Industry-lowest rates for crypto sellers. Only 1% fee on all payment methods, including gift cards- Direct peer-to-peer trades, with no banks or intermediaries, and full control over deal terms- Institutional-grade security and cryptocurrency custody at every part of the tradePopular features- Free and secure ERC-20 and Bitcoin wallet with institutional-grade custody for every Paxful user- Dedicated marketplace moderation & escrow to keep users safe and trades fair- Attentive 24/7 customer support with quick and simple dispute resolution- Professionally-run & compliant US-based business with a proven track record since 2018- Support for fast & cheap Lighting Network Bitcoin transactions- Direct Buy for instant cryptocurrency purchases right from your Paxful walletWhat can you do from the Paxful App- Send money instantly and affordably from nearly anywhere, to anyone- Hedge against local currency inflation- Buy and sell gift cards at competitive rates- Invest in BTC, ETH, and other top cryptocurrencies- Earn profits for providing marketplace liquidity as an arbitrager- Scale your business by accepting global payments* Due to licensing and/or regulatory considerations, Paxful is not available in certain countries and in certain US states. Please refer to this page for further information.* Due to licensing and/or regulatory considerations, Paxful is not available in certain countries and in certain US states. Please refer to our 'Unsupported Countries and States' page ( for further information.. What is Paxful, and is it a safe alternative to centralized exchanges? Learn more about this crypto P2P marketplace in my Paxful review! Learn more about this crypto P2P

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In this best P2P cryptocurrency exchange roundup, we’ll walk you through some of the best brands in the industry along with some basic tips about P2P exchanges, including their fees, advantages, and disadvantages. Table of Contents Hide What Is a P2P Crypto Exchange?Paxful – Best P2P Crypto ExchangeBinance P2P – Low Fees P2P Crypto ExchangeHodl Hodl – Most Secure P2P Crypto ExchangeLocalBitcoins ExchangeRemitanoLocalCoinSwapLocalCryptosComparing the Best P2P Crypto ExchangesThings to Consider Before Choosing a P2P Crypto ExchangeFAQ What Is a P2P Crypto Exchange?Since 2013, crypto trading, especially on centralized exchanges, has faced strong backlashes from governments of different regions due to several reasons, including noncompliance of certain policies. This move caused a lot of panic in the crypto community, leading to the introduction of P2P exchanges.The P2P crypto transaction model was a breakthrough, especially for retail crypto traders and investors in the worldwide crypto market, particularly in Africa and many non-crypto friendly countries like the US and China. This initiative has also led to 880% rise in crypocurrency adoption worldwide. That said, a P2P or peer-to-peer crypto exchange is a model where users can purchase cryptocurrencies from one another. The platform links crypto buyers with sellers from their regions and beyond using varying exchange rates.P2P platforms are mainly crypto-fiat, meaning that users use fiat currencies to buy or sell cryptocurrencies. Some traders may be anonymous, using only usernames or nicknames, while others may use their real names.However, most P2P exchanges require users to complete at least level one verification before using their platforms. While there are several options out there, here are our best picks for P2P crypto exchanges. Paxful – Best P2P Crypto ExchangeImage Source: PaxfulPug Score4.5/5Trading Fees1%Cryptocurrencies Traded3Wallet IncludedYesWhy We Chose ItPaxful has built a reputation as a reliable P2P crypto exchange in the industry. Users can spend their cryptocurrencies through gift cards.ProsConsHigh liquidityHigh fees; compare with Binance P2PStandard securityStrict KYC complianceCrypto spending options are availableGood user interfaceOverviewArtur Schaback is the founder and CEO of Paxful, which started operations in 2015. The exchange serves a global crypto market, including the US, China, Russia, India, and Nigeria, where cryptocurrencies face strong scrutiny and regulations from the government.The P2P crypto exchange boasts a user-base of over 6 million, accepting over 300 payments methods, including bank transfers, Paypal, MoneyGram, Western Union, Payoneer, WorldRemit, Paxum, Amazon, OkPay, Walmart, Reloadit, Perfect Money, etc.In addition to peer-to-peer crypto exchange, Paxful offers instant crypto buying & selling using credit and debit cards together with strict escrow service. Users can also buy and sell gift cards on its marketplace.Its user interface is nice, and beginners will not find it hard to understand or navigate. Paxful offers educational tools to help newbies in cryptocurrency trading and P2P crypto exchanges to add to its well-grafted structure.Paxful follows strict KYC and AML policy compliance in regions where it is operational. Users must complete level-one verification plus account authentication for additional security before they can use the platform.Binance P2P – Low Fees P2P Crypto Exchange Image Source: Binance P2PPug Score4.3/5Trading Fees0.35%Cryptocurrencies

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Photo from UnsplashOriginally Posted On: you might have heard the news – Paxful is packing up their bags and saying adios to their Bitcoin marketplace, barely a month after they removed ETH wallets from their platform.Earlier this week, the co-founder and CEO of Paxful, Ray Youseff, made the shocking announcement in a blog post.The blog article shared a couple of reasons that influenced the decision, such as crucial staff departures and some regulatory challenges. One more crypto exchange has fallen victim to the regulatory challenges in the US.But is that all there is to it? Maybe not. On Tuesday, the 4th of April 2023, Youseff attended a Twitter Space session where he dropped some tea. According to him, one of the reasons behind the shutdown of Paxful’s Bitcoin marketplace is a lawsuit. Who’s the culprit, you ask? None other than a co-founder of Paxful who got the boot over a year ago and decided to take legal action against the company and Youssef. Well, talk about drama in the crypto world!Although Youseff did not name or point fingers, he might have been talking about co-founder Artur Schaback who filed a lawsuit against him in the Delaware Chancery Court in January.During the Twitter Space session, Youseff said, “My co-founder sued the company and sued me. I have a lawsuit over my head right now.” That’s tough.As the drama continues, Paxful has urged users to withdraw their funds, adding that despite the impending closure, the Paxful wallet is operational for users to

What Is KYC and Why Is It Important in Crypto? - Paxful

There’s no denying it now: online wallets have changed the way people use their money. By allowing users to send and accept payments digitally, online wallets allow people to become part of the bigger mainstream economy. In doing so, anyone can now buy what they want with a few taps on their smartphone—including crypto. With popular online wallets being part of Paxful’s wide roster of payment options, you can buy crypto quickly and easily in a secure trading environment. How to buy crypto with an online wallet on PaxfulLooking to get into crypto without having to use a bank account? On Paxful, you can buy Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) with zero fees by following these three simple steps: Step 1: Create an account and find an offerTo get started, you’ll first need to create a Paxful account and receive your free digital wallet. Next, you’ll need to find an offer. Head to the home page, input your offer preferences (such as which crypto you want to buy, how much, and your preferred currency), select your preferred online wallet as your payment option, and click Find Offers. You’ll then see a list of offers that match your preferences. Make sure that you carefully analyze each offer so that you can get the best deal. Here are a few things to look out for:Price – On Paxful, sellers set their own profit percentages so that they can earn on each trade. Look at their prices and see how much you’ll be getting on the dollar. The closer the amount is to a full dollar, the better. Offer terms – This refers to how you’ll be paying the seller. For most online wallet options, sellers will usually require a receipt as proof of payment. Feedback score – The seller’s feedback score, indicated by the number beside the thumbs up icon, refers to their reliability. The higher the score, the more reliable the seller is. Seller availability – Before you start the trade, check on when the seller was last online. Selecting an offer with an inactive seller could lead to an expired trade. Step 2: TradeOnce you find an offer you like, click on the Buy button to start the trade. Quickly go over the details of the trade, input how much crypto you want to buy, and then click Buy now. As soon as the trade starts, the seller should send their payment instructions. Remember to follow these instructions carefully because if you don’t, it could be taken against you in the event of a dispute. If, at any point, you have questions about the trade, feel free to message your trade partner using the live chat. After you. What is Paxful, and is it a safe alternative to centralized exchanges? Learn more about this crypto P2P marketplace in my Paxful review! Learn more about this crypto P2P