The guided trade tag is mandatory. Paxful allows you to buy cryptocurrencies and convert money with your choice of over 350 payment methods, including gift cards, debit and credit cards, bank transfers, online wallets, and more. On the Security page, under Two-factor authentication (2FA)settings, choose Email. After reading through the offer terms and confirming that you agree with the conditions, its time to start the trade. You must be the actual payer and be the original owner of the submitted payment (Owner of the gift card, credit card, bank account, an account of online payment platform). The Paxful Wallet is a digital wallet given upon sign-up and allows you to securely send and receive your hard-earned cryptocurrency. However, where they differ is in the companies that issue the coins. For more information about USDC, you can visit their website. Once you have submitted a dispute request, you do not have to contact our Support. Dont flood the chat with messages as it may hold up the moderator. 2. Any time you use the Lightning Network to send and receive funds with your Paxful Wallet, your BTC wallet will be used. Mark the trade as Paid, then confirm on the Self Declaration pop-up. Just grab the transaction ID from your Paxful wallet. Account Verification - Paxful Help Center Paxfuls Earn feature is an exciting and simple way to gain more from the cryptocurrency you store in your wallet. and select your currency from the list. When buying cryptocurrency from another user on Paxful, you are buying at a rate set by the sellers themselves. Ready to have financial freedom? Here are a couple of tips for your Bank Transfer offer: After creating and publishing your personalized offer, wait for a buyer to start a trade with you. While clicking the picture, keep the following points in mind: In case of an error, click Try again. You will also receive an email with the result of your verification. During a dispute, we also ask for any evidence that may help the moderator make a decision. You need to verify your ID in order to use Earn. How to use Paxful: A beginner's guide | Paxful University Enter your Paxful wallet address into the app, website, or ATM. and enter the amount youd like to receive. If you have no control over the payment and you transfer responsibility to others, this can be considered as fraud. You can also create your own offers directly from your Paxful account. Click on the Start Verification Process button. This guide will show you how to manage working hours for your offers and how to find them on an offer of your trade partner. Find an offer on our Buy Bitcoin list. Once all the info is updated click Next Step in the right-hand column. Do take a screenshot of your proof and keep it as it may be useful in case of a, Once the trade is completed, you can leave appropriate feedback for your trade partner. Buying and selling cryptocurrencies using Bank Transfer are now automated on Paxful to make trading even easier and safer for you. Any amount larger than the amount requested by the merchant will stay in the buyer's Paxful balance and they can use it or withdraw it at any time. Active offers - offers you created that are currently active. This message may sound too simple and obvious. Verify requests from Paxful with confidence by verifying signatures using your signing secret. Buy and Sell Bitcoin Instantly | Paxful Login with existing account that has enough funds. From there, your earnings can be transferred to your main wallet without the $10 USD minimum, which has been waived. The Kiosk can be configured to deposit bitcoin to either the buyer or to any outside external BTC address. The buyer sees offer terms before he starts the trade. If you can provide all the requirements, then make sure you have everything ready before you start the trade. The price of the fee varies among sellers and depends on who you buy from. Input the amount you want to deposit into your wallet, and then click. To set up 2FA with Google Authenticator (GA) follow the steps below: To troubleshoot 2FA via Google Authenticator (GA), visit our help center page. In case if you want to sell cryptocurrency, explore the, If youre buying Bitcoin, the current minimum is, A sellers reputation is displayed with a, For example, despite having more than 10,000 positive feedback scores and 1000 negative feedback, you should still be cautious about such a user. You can then click 'Find Offers', and you'll be shown the offers that match your criteria. For more information on how to sell crypto see our guide. Our moderators will definitely look into your case as soon as possible and reach out to you. The rule requires money service businesses to communicate when users send money from one financial institution to another. Therefore, it is not possible to trade cryptocurrency for gold or vice versa without being fully verified on Paxful. When creating offers, there are also options where you can choose to show your offer only to your list of trusted buyers. The required details for proof of payment on Paxful are: The first step to selling cryptocurrency via Bank Transfer is to look for an offer that accepts Bank Transfers as payment. Here is an example of a Bitcoin wallet address:3F1tAaz5x1HUXrCNLbtMDqcw6o12Nn4xqXA wallet address can also be presented as a QR code. If so, you have successfully bought bitcoin through Paxful. Once you make your buy or sell offer, you can easily edit the offer by following these quick steps: 1. What Do I Do If I Have a Transaction or Hedging Issue? Keep trading safely and fairly in the marketplace and maybe your offer will be featured someday! Paxful | Bitcoin Wallet on the App Store Paxful conducts thorough investigations to resolve gift card disputes. Great question! Enabling Two-Factor Authentication (2FA) can greatly enhance your account security. Outside escrowYour trade partner hints to complete a deal out, Theres no type that matches your problem. Paid a buyer has marked the trade as paid. Only click the Release button if you are absolutely sure you have received the payment. Choose the timeframe for your offer to be active on the public listing. The following table lists out our various verification levels along with their corresponding benefits: Users from countries on this list require levels 1 and 2 to sell crypto, convert crypto, and withdraw any funds from their Paxful Wallet. Note: The amount transferred into the escrow is the trade amount plus escrow fee. For more information on wallet restrictions and how to trade cryptocurrency using your Paxful Wallet, visit our Help Center. Offensive language and disrespectful tone are not allowed on our platform. As per our Terms of Service, we remind you that Paxful is not a licensed gift card vendor nor an authorized dealer of any gift card issuer - and brokering or reselling gift cards is strictly prohibited on our platform. You can buy crypto on Paxful in 3 simple steps: You see a seller you like, start a trade You send the payment and wait The seller sends you the crypto How do you know that the seller won't run away with your crypto? Be understanding to buyers as some of them may lack trading experience. So be on the lookout for the best deals. A: Gift card fees are increasing from 4% to 5%. Ensure you have logged in to the correct email address which you used to register on Paxful. Don't cancel the trade after you've already paid. Report types for a seller of cryptocurrency: Report types for a buyer of cryptocurrency: A chargeback is when a payment you received has been retracted. Youll also need to enter the amount you wish to sell and the currency you prefer. Once a trade has started, you will receive a notification. You can also learn more about our API services in our developers' documentation. Once the seller receives the payment, theyll release the cryptocurrency to your wallet to complete the transaction. Log into the app with your Paxful credentials. Here's a guide to help you: Before you begin, please ensure that you have verified your, Log in to your Paxful account, hover over your username located on the upper right of the page and click. It can be shared publicly if you want other people to send you Bitcoin. Enter the amount you want to trade in the Anyamount field. Confirm sending BTC to the buyer by clicking Release in a dialog box that appears. The payment is sent to the merchant and the user is redirected to the merchant website. Coin locking/coinlock is when a buyer uses the escrow to hold onto the seller's cryptocurrency without the intention to send payment and complete the trade. Its not always instant. This means that wehave checked his documents and background. Click Register on the top right corner of the main page. 5. Verification is an important part of Paxful as we aim to make the trading experience on our platform as safe as possible. For example, for gift cards, many sellers require a receipt showing that the gift card was bought legally and also to establish that you are indeed the owner of the gift cards. We have a large, well-trained staff that is over 100 people strong. Here's how to troubleshoot 2FA via SMS, Authy, or Google Authenticator. For further information visit Paxfuls blog article: will need to abide by the new travel rule and provide the appropriate information. Before you start selling cryptocurrency for in-game items, make sure you have the means to check if the item was actually transferred to you. . Enter the amount you are ready to trade in the traditional currency field or cryptocurrency field. Using a fake identity or falsified verification documents. If this solution does not work, please check the, If the status is OK, please contact us for additional assistance via our. Merchants have a complete transaction list available on their Paxful Merchant Dashboard. With each new level of verification, heres a glimpse of what youll unlock: Please visit our Help Center for more information on the verification process. New on Paxful? You can also attach proof of your claims if needed. Buying cryptocurrency can be tough at first, so we've prepared a guide to get you started and help you complete a trade on Paxful. Write concise offer terms. How will I know if I'm eligible to be part of the Trader Program? 1. 31 reviews for Paxful, 1.7 stars: 'I got a email about my account being logged in from new york, I'm in canada and never went to the usa. Cryptocurrency is moved from your personal Paxful wallet to the trades secure escrow. To see the exact schedule, hover over a day of the week. Usually, for cash trades, buyers should promise to provide a teller receipt. The community is 10 million strong and growing every day! And finally, read through the offer terms and trade instructions carefully. For more information, check out. The offer list is updated according to your search requirements. See what our users have to say about us through our. This includes WhatsApp, Telegram, phone numbers, email, etc. Up to 1,000 USD per month for free (between all cryptocurrencies), After 1,000 USD is reached, a fee of 1 USD or 1% of the amount being sent, whichever is greater, is applied, Dynamic Ethereum or Tron network fee + Paxful Wallet fee, $0 - $9.99 = 1 USDT fee$10 - $19.99 = 2 USDT fee$20+ = 5 USDT fee, Dynamic Ethereum network fee + Paxful Wallet fee, $0 - $9.99 = 1 USDC fee$10 - $19.99 = 2 USDC fee$20+ = 5 USDC fee, $0 - $9.99 = 0.0005 ETH fee$10 - $19.99 = 0.001 ETH fee$20+ = 0.002 ETH fee. country where a payment method is restricted. Youll also need to enter the amount you wish to purchase and the currency you prefer.Choose the best rate of cryptocurrency to have the highest profit possible. If you created the offer, add tags that indicate if you accept third party payments or not. We also have an escrow feature in place where the crypto being traded is safely held until the trade is complete. When a trade starts, the cryptocurrency from the sellers wallet is automatically moved into a temporary safe deposit account (escrow) where it will be held until the transaction is complete. Choose your time zone from the Your Time Zone drop-down list. How do I share Paxful Pay PoS with my staff? Please visit our Help Center for more information on the, Log in to your Paxful account, hover over your username on the top right of the page and click, Open the email in your inbox received from, After verifying your email, we also recommend. Your Bitcoin. Luckily, the fees in the TRC-20 Network are lower than the fees in older blockchains (such as Bitcoin and Ethereum). Another important aspect to consider is your ID and address verification. Choose the cryptocurrency youd like to buy, then ensure Buy Bitcoin/Tether/Ethereum is selected. to invite our moderators to investigate the case. You must make sure that the buyer understands that the release of cryptocurrency may be reasonably delayed. Gold is one of the oldest known valuables in the world, and one that has consistently increased in value over time, despite the changes in the economy. The Lightning Network is a system built on top of Bitcoin and it allows users to transfer BTC in a matter of seconds with low fees. Create a new user or login with existing user. Price negotiations within the same trade are against our. Your experience. The last step will be for the cryptocurrency seller to confirm receiving the payment. Brokering is when you buy a gift card code from a third party and resell it later to someone else. Tether (USDT) is a stablecoin that is pegged to the American dollar (USD). The dispute will be investigated by our moderators and a decision will be made based on the evidence provided by both parties. Thats it! Paxful takes AML protocol seriously, and we abide by all laws, regulations, and procedures. Release time may not exceed the time stated in your terms. How do I add a new store to Paxful Pay PoS? Make sure to read Paxfuls new Offer Terms carefully, then you can adjust additional instructions and limitations on your offer. 2FA is a secondary layer of security used to safehold your account. 1. And finally, read through the offer terms and trade instructions carefully. Paxful understands that gift card disputes can be quite. Additionally, we provide you with all means to protect your funds within your Paxful account, like setting up two-factor authentication when you log into your account and send crypto out of your Paxful wallet. Paxful has a zero tolerance policy for this type of behavior. When the trade starts, the cryptocurrency rate is fixed and will not fluctuate. Upload the downloaded zip file by using the, Under Payment Methods, find Paxful and click, Setup Merchant properties such as Merchant Id, API key, Secret key, Event Callback URL, Redirect URL and click, A secret key is created and displayed once after the creation of the merchant in, The Event Callback URL and Redirect URL needs to be set correctly for order status changes. You can see all of your active trades on your dashboard. Paxful is a people-powered marketplace for money transfers with anyone, anywhere, at any time. 1. The block chain shows every single record of bitcoin transactions in order, dating back to the very first one. When you find the offer that suits you, be sure to read the. Follow the steps below for a step-by-step guide. Similar to LocalBitcoins, Paxful allows a wide range of payment methods and buying options which can't be found on traditional exchanges. (Reference the image below for more information.). The Bitcoin price on Paxful is never equal to its official market rate as sellers charge a fee to convert traditional currency into Bitcoin. Be clear about what proofs of payment you expect for the gold you are accepting. To set up and configure WooCommerce plugin for your Paxful payments, follow these steps: For more customized solutions you can take a look at our developer documentation here. I've completed the required amount of trades. 4. We support Webhooks for the following events: Note: Make sure your service is ready for receiving Webhooks. Please enable Cookies and reload the page. Another window will pop up to confirm your information. Click a time box and select a time from the drop-down list that appears. 2. When you find an offer you like, click. Founded in 2015, Paxful has grown to be one of the leading peer-to-peer Bitcoin marketplaces in the world. Your customers will receive the same security features they'd find on Paxful. That keeps your app secure, preventing bad actors from causing mischief. Bitcoin is a digital currency in which encryption methods are used to regulate the generation of units and transfer of funds, operating independently of a central bank. For more information, please visit. A PDF of your bank/online account statement that shows the transaction, /screenshot of the online wallet transaction that took place. If your GA codes dont work, it might be because the time on your Google Authenticator app is not synced correctly with your device. If at any point during the trade you feel confused about the instructions, feel free to send a message to the buyer via trade chat. 5. Accept your responsibility for possible risks. Asking someone to take only $33 only out of your $50). Your convenience is one of our top priorities, that's why we've enabled 400+ ways for you to buy and sell cryptocurrency on Paxful. If you selected the right file, click Confirm. a seller of cryptocurrency has released funds from the trade escrow to the buyers wallet. This address is a combination of numbers and letters (both uppercase and lowercase) in no apparent sequence. 2FA is often used to protect the users credentials, information, and any resources within the system. When you send ETH, USDT, or USDC from one wallet to another, you can check the status of the transaction through Etherscan for ETH and USDC, Ethereum-based Tether (ERC-20), and Tronscan for Tron-based USDT (TRC-20). Note: Calculation of 21 days starts from the moment the trade is marked as Paid. Heres a detailed article about the, , we remind you that Paxful is not a licensed gift card vendor nor an authorized dealer of any gift card issuer - and brokering or reselling gift cards is strictly prohibited on our platform. You control your financial future on Paxful! The block chain shows every single record of bitcoin transactions in order, dating back to the very first one. button only if you are absolutely sure about receiving the payment. So you've signed up for Paxful - welcome! I've met all the requirements. , or if you have reached your wallet send out limit, youll be required to verify your ID before you can withdraw your funds. This means that your trade partner can request their funds back, even after you received the payment. Here you can visualize how much interest you can earn with a specific deposit amount. Does that still stand? We also check the trading history of both parties to see if you were able to follow the trade instructions or offer terms of the previous trades. Heres a short video on how to sell Bitcoin instantly: 1. Merchants can choose to receive payments in USDT. 4. This is grounds for an instant ban as it indicates a scam. Heres everything you need to know about trading with gold. Store your cryptocurrency in our free Wallet and transfer coins to other Paxful wallets for free! you can withdraw any funds in your wallet. Application programming interfaces (APIs) are for developers or businesses that want to create applications to connect with Paxful. Once all the info is updated click Update Offer in the right-hand column. However, were hoping to open this up to other users soon. USDC is a stablecoin that keeps its value around the 1 USD mark. the game server where the exchange should take place; will the delivery happen face to face, via game mail, or any other in-game exchange channel; Be clear about what proof of payment you can offer to your trade partner, for example, screenshots of an in-game transaction. Also, consider using a bank that can easily provide proof of payment, with all of the details visible on one page or pdf file. After the trade is completed the user will be directed to their wallet and ask password for wallet transfer. Heres everything you need to know about trading with gold. 5. Their mission is to empower the forgotten underbanked around the world to have control of their money using peer-to-peer transactions. Make sure to read Paxfuls new Offer Terms carefully, then select whether youd like your trade partner to be verified, the visibility of your offer and you can enter a reason for the Bank Transfer (optional). Sometimes, an offer will be removed from the marketplace because it may harm the Paxful community that buys and sells cryptocurrencies. Accepted IDs include driving licenses, passports, and national IDs. Paxful understands that gift card disputes can be quite challenging and we are continuously working towards solutions to make the trading experience safe and secure for all our users. You can also submit a custom wallet provider name by choosing the option: Other. For more information on gift card disputes, take a look at this article. What should interest you the most is how much you get on dollar. If you dont know to whom the address belongs to, you cant do anything else to retrieve the funds. The offer list is updated according to your search requirements. To troubleshoot 2FA via Google Authenticator (GA), visit our. But this website Paxfulis not regulatedin any country and is blatantly working directly with scammers because they can. To use your NIN on Paxful follow the instructions below: Enter your 11-digit NIN in the box provided. A: The increase will go into effect on December 15th, that helps ensure we know our customers, an army of dispute and fraud prevention analysts to help make sure trades run smoothly and to keep bad actors away from the marketplace. Unfortunately, Ethereum transactions cant be cancelled or reversed. Here are some of the activities that can lead to your account being restricted: Paxful has zero tolerance for the following: Some account restrictions such as banned and suspended are not reversible, therefore the actions are final. Weve put together a collection of best practices to help our team accurately process your disputes. When a trade is funded, but a buyer failed to mark a trade as. Tip: Using your phone? If youre buying Bitcoin, the current minimum is 10 USD or its equivalent in other currencies. to deliver the gold to you either by post or in person. There is no direct limitation to the purchase sizes, but for large sums, a vendor can request additional KYC procedures. 3. Cancelled a buyer or a seller has willingly cancelled a trade. Select a popular email domain if possible. You can also specify the amount you wish to sell and the currency you prefer. Select your proof of payment on the next pop-up, then click "Upload". Customized fees (we have temporarily paused this benefit), *To be a good trader on Paxful, we expect honest trading, prompt release times, keeping the trade on Paxful, etc. . If after the trade has started you are being offered an item that is different from the advertised one, be extra cautious. For those who use a combination of 2FA via SMS and Google Authenticator or Authy, your codes will be redirected to Google Authenticator or Authy instead. After reading through the offer terms and confirming that you agree with the conditions, its time to start the trade. 2. Once you have your badge you can begin enjoying the benefits of the program! You can't live chat with a representative or call. We now automatically send the buyer and sellers bank account details to each other, making Bank Transfers even safer and easier. When searching for offers in the Marketplace, enter your search criteria, like the type of cryptocurrency you'd like to buy, your payment method and currency, and how much you'd like to purchase. If the seller does not confirm receiving the gold within this timeframe a dispute will start automatically and our moderators will step in for assistance. Youll be expected to turn your offer on again and update the terms and instructions so it doesnt fit the criteria mentioned above. First youll need a Lightning invoiceyou can create this in the wallet youre sending BTC to, or the wallet owner can generate it for you. You can also use the built-in interest calculator to see how much youll earn with every cryptocurrency deposit you make. How to buy Bitcoins via Mpesa using Paxful To buy Bitcoins through Paxful; Visit: Paxful Please let us know the transaction ID associated with your conversion and our support team will take a look. On the ID verification page, click Start.The Submit identity card page appears. We recommend taking a look at the guide we put together to help prevent issues like this in the future. Note: Make sure your wallet/exchange supports USDT transfers. Here is the list: Trade status determines the progress of your trades and you can view them from your user. When the funds have arrived, click Send Bitcoin. Youll be shown how much youre buying and what you need to pay, as well as the sellers bank account details. On the vendor dashboard, you can: In general, this dashboard is useful when you want to see the statuses of all your trades and offers. Here is a short video that walks you through the verification process: 1. Let us know the transaction ID associated with your conversion and our support team will take a look. As a part of the process, the buyers will need to register as Paxful users. There are two different levels: Power Trader and Expert Trader. This will get you up to speed in no time. How do I use it? The Bitcoin blockchain is a public record of all Bitcoin transactions. If you were buying cryptocurrency on Paxful and you think you were scammed by your trade partner, heres what you can do. This rule applies both to e-codes and physical gift cards. Please check that you are visiting https://accounts-test.paxful.com/ Captcha error, please reload the page and try again Your Phone or Email Your Password Forgot password? Why Do I Receive "Unknown Bitcoin Address" Error Message? On the Merchant Dashboard you can see: All transactions made using the merchant link. The sooner a dispute is filed, the more resources our team will have to help resolve the dispute. On the bottom of the trade page, click ! If you see a message on your wallet page or on our Twitter, just wait for further updates. To set up 2FA with email, follow the steps below: 2. Tip: You can check the status of your report on the bottom of your trade page at any time. Bitcoin Wallet - Paxful Help Center You redeemed a valid gift card and did not release the cryptocurrency, A violation of the offer terms and/or trade instructions, You provided insufficient, false, or edited evidence, A photo of the original gift card with your Paxful trade chat clearly visible in the background, A complete photo of the original receipt (no cut-offs), For electronic codes (e-codes), an invoice of the original payment and video recording of your bank statement as proof of purchase, Proof of conversation with the gift card issuing companys customer support, Any additional evidence as required by Paxful (Example: ID Verification), Gift card disputes may take up to three weeks to resolve. So, you've decided you're ready. Some payment methods on our platform have automated trade flow. Click Choose another file if you want to retry. For more information, check out the developer documentation here. Thats it! Below, weve included some FAQs to assist with the transition. If the trade is not completed, the cryptocurrency is released from escrow back to the cryptocurrency sellerPaxful takes no fee. Sellers rate does it look profitable for you? If you enter a dispute, you must be prepared to prove that you are the owner of the card. There are some options regarding: A merchant can request any sum, but the minimum trade amount is 10 dollars (also in other currencies). to track your affiliates and your affiliate commissions. For USDT (Tether USD) we allow two send-out options from your Paxful Wallet: Ethereum (ERC-20 USDT) and TRON (TRC-20 USDT). However, you may encounter some specific cases depending on the payment method you choose. 3. For more information on how to start a dispute, visit thisHelp Center page. The seller releases the cryptocurrency from the trade escrow to your Paxful wallet. Enter the code in the field below and click, After confirming your phone number, consider. Paxful is an online marketplace which allows buyers and sellers to meet online and trade Bitcoins. Malicious traders On Paxful, there are a few red flags you'll need to look out for. 2. Paxful contact info: Phone number: (865) 272-9385 Website: www.paxful.com What does Paxful do? This will also help you avoid having your BTC locked in a trade escrow if a buyer starts a trade during your absence. In the Settings menu, click on Security. 2. We changed the name of Pay With Paxful to Paxful Pay, please update the button you have on your website if yours is outdated. Creating an Account on Paxful - Paxful Help Center The Progress Bar shows all of your trading activities and what you need to do to advance to the next level of the Trader Program.