How To Trade Bitcoin On Paxful

Paxful is a New York based trading platform founded in the year 2015. Paxful is one of the largest bitcoin marketplaces that is known to support a lot of payment methods for users of various types from different location. It comes across as world’s largest Peer-to-Peer Marketplace with over 2 million users. Amidst many complicated platforms, it is a simple way to exchange money for Bitcoin. The most popular feature of the trading platform is that it supports over 300+ payment methods to choose from and customers have the ability to buy and sell Bitcoin through various channels.

Supports various payment methods

The prime motive of Paxful is to give working people a fair, simple yet secure platform for trading value of their work. The company is offers for a brand new way for merchants to become their own exchange which has become a huge hit amongst users. The user-interface is absolutely convenient supporting each and every move in the cryptocurrency arena. Paxful users have the ability to create vendor accounts for the purpose of selling bitcoin for cash, prepaid cards, gift cards and lot more. It has an escrow system in place which makes the whole process secure and safe. Paxful is definitely an ultra premier Bitcoin marketplace online. It is a comprehensive marketplace that supports over 300 payment methods. Paxful gives vendors the ability to support the use of various currencies with ease.

Fee structure

Paxful review turns out to be exceptional. Paxful does not incur any fees for buying. Sellers are charged a 1% fee for each of the sale carried out. For iTunes and Google Play gift cards, 5% fees is applied.  For all other type of gift card, 2% fees are applied. The fee for bank transfers is 0.1%.This is used to cover operating costs and expenses for Paxful. 

 

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