We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. Did a couple of trades there already and there was this one time I was ripped BUT I contacted support asap through their live chat. Have a wonderful day! Customer Support 8. Sam December 22, When this is completed, you can use your Bitcoin in any way you want.
How to Buy Bitcoins with PayPal (Best Trusted Methods)
Since you never go to Starbucks, the money is just sitting bitciin. This exchange is a bit like LocalBitcoins. All you have to do is find a seller whose terms are agreeable to you. Then, reach out and make the transaction happen. Additionally, there have been mixed reviews among the cash-for-bitcoin crowd at places like Reddit and BitcoinTalk.
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How to Buy Bitcoins with PayPal? Well Bitcoin is the largest, most popular and fastest growing crypto-currency on this planet. By the end of this article you should have a clear idea so as to how to Buy Bitcoins with PayPal , which sellers and platforms to trust, and the whole procedure as a whole. Paxful is growing at an exponential rate when it comes to P2P exchanges. It does have major resemblances to LocalBitcoins, The only difference? LocalBitcoins now require mandatory KYC verification for trades, while Paxful still allows no-KYC or identity-verification trades upto a certain limit.
Buy and sell bitcoin from anywhere in the world with Paxful.
Since you never go to Starbucks, the money is just sitting. This exchange is a bit like LocalBitcoins. All you have to do is find a seller whose terms are agreeable to you. Then, reach out and make the transaction happen. Additionally, there have been mixed reviews among the cash-for-bitcoin crowd at places like Reddit and BitcoinTalk. Some folks have been scammed, losing their cash to fraudulent sellers.
These victims are understandably angry. It means that seller is untrustworthy. The key, as with anything involving money and other people, is to use caution. The short answer is that by all accounts Paxful is a legit bitcoin exchange that competes with P2P bitcoin marketplaces like LocalBitcoins. Create your account fast or just browse the BTC for sale offers.
This email will contain a short FAQ section, along with a number of important links. One of those links is for the purpose of confirming your email address. As I noted above, you have over options for funding your Paxful bitcoin purchases. On your account dashboard, these options are separated into four main categories:. Select an offer to see full details and feedback on the seller.
Once your payment is confirmed, your bitcoins are released to you. This might happen instantly or it can take up to a few hours. It depends on your chosen payment method. Remember, if you have any significant amount of bitcoin get yourself a quality hardware wallet Trezor. Two-factor authentication helps.
Second, you can use this wallet to store your bitcoins, send them, or receive. All you have to do to receive them is provide the sender with your wallet QR code or bitcoin address.
Having said that, there are much better wallets out. They offer stronger security and more features, and are therefore better for long-term storage. Here are several good options:. Any of the above will do the job, and do it. I recommend choosing one from the above list to serve as your main wallet. Or you can send them elsewhere, such as another wallet e.
BreadWallet or a retailer that accepts bitcoins for payment e. Paxful allows you to withdraw in either bitcoins or U. It charges no fees for withdrawals. This fee, given to miners on the blockchain, is currently set at 0. Nearly all sellers are receptive to U. The pickings are slimmer if you live in Russia or China. This prevents their offers from being shown to folks residing in those countries.
Every important feature is clearly labeled. Paxful has solid security measures in place to safeguard the bitcoins in your wallet. These include SMS verification, 2-factor authentication, security questions, and heavily-encrypted servers. A talented, motivated hacker can still potentially get into your account.
This is the reason I recommend using an off-site wallet for long-term storage of your bitcoins. Paxful also has a review system, similar to ones used at eBay and Amazon. You can tell, at a glance, how many transactions a seller has completed, as well as the number of positive and negative comments left by buyers.
Beware of those who have received a lot of negative feedback. There are a number of ways to get in touch with someone at Paxful. The first, and arguably best, approach is to email the company at help paxful. Expect a response within a couple hours.
You can also use the chat function. The problem with chat is that it can take a long time to get a reply. That means you may have to sit around waiting for help. My advice is to reach out via email and describe your question or problem is precise. Another option is to call Paxful on the phone. Their number is As you might imagine, this tactic is more effective during regular business hours. Finally, you can reach Paxful through their Facebook page. Overall, Paxful is a great service.
Plus, you can purchase bitcoins using any of over payment methods. In my opinion, there are three challenges with buying bitcoins through Paxful. First, there seems to be a high number of dubious sellers on the site. You can avoid them by only purchasing bitcoins from reputable sellers the ones with a lot of positive feedback. Nothing you read here should be taken as a solicitation to purchase anything or investment advice.
We do not offer professional legal advice, tax advice or investment advice. We stand behind the Consumer Review Fairness Act ofmeaning we are not responsible for user published reviews and comments on this site. We are affiliated with some of how to buy bitcoin with paxful products and services found on this website with absolutely no cost to you and often a benefit to you.
You can learn more about us and how that works if you want to know. Our team is made up of experienced researches, writers and publishers and we strive to post honest, legit and current BTC exchange focused information.
If you want to learn more about or get in touch we would love to hear from you. Jump Menu. Check Now. Fee Schedule Rotate device for. Deposit Method. All major currencies Virtually Everywhere. Paxful accepts over forms of payment. They are the best bitcoin exchange for amazon gift cards and all gift cards for that matter. Can You Trust Paxful. Is Paxful Legit?
Paxful is a relatively young service, having launched in So, caution is warranted. I want to pay with Amazon Gift Cards. Available virtually. Frequently Asked Questions Do you buy directly from Paxful? No, Paxful is not a broker but a P2P exchange. You are buying from individual sellers. Paxful acts as a security blanket escrow to make sure both you and the seller are protected in the transaction. No and yes — it depends on how you buy and who you buy it.
Gift cards can be anonymous but credit cards and debit cards require ID in most cases. Some sellers require more ID than. You can see which sellers require ID and which do not by scrolling through the existing offers. Final Thoughts On Paxful. Third, some of the sellers charge usurious fees, particularly when it comes to gift cards. Type of Exchange. Highlighted Features. Best exchange for gift cards to bitcoin. Private and no ID required offers. Use worldwide. Additional Information.
Company Name. User Ratings. If you have experience with this exchange please leave a rating.
How To Buy Bitcoin on Paxful
Common search categories include type of currency and method of payment. All content on Blockonomi. Why you should never use Paxful. Was this content helpful to you? How likely would you be to recommend finder to a friend or colleague? Regards, Jhezelyn Reply. Thank you for your feedback. Hi Horlayinka, Thank you for reaching out to Finder. Paxful is a popular way for individuals to trade Bitcoin and remains a viable option for many in the Bitcoin community.
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