About Paxful

Paxful is a peer-to-peer Bitcoin exchange established in 2014. While it exclusively supports Bitcoin, it offers over 300 payment methods, including PayPal and credit cards.

Exchange Process

Users can expect varying exchange rates from sellers on the platform. After creating an account, they can fund it using a wide range of payment options. Users have the flexibility to browse through sellers, choose the one that best suits their needs, and engage in online chats to finalize purchase terms.

Security Measures

Paxful places a strong emphasis on security. They meticulously vet sellers to ensure order fulfillment for buyers. The website encrypts user data, and users have the option to enable two-factor authentication for added security. Paxful also provides a Bitcoin wallet, though specific details about its security features are limited, suggesting it may be a web wallet with suboptimal security.

Transaction Fees

Buyers enjoy fee-free transactions, while sellers are subject to a 1% fee. Paxful prides itself on offering competitive fees, with its diverse range of supported payment methods being a significant advantage.