{"id":720391,"date":"2017-09-21T15:03:42","date_gmt":"2017-09-21T05:03:42","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?p=720391"},"modified":"2025-03-24T22:55:02","modified_gmt":"2025-03-25T02:55:02","slug":"paxful","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/cryptocurrency\/exchanges\/paxful","title":{"rendered":"Paxful Exchange Review"},"content":{"rendered":"
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\n \n \n <\/path>\n <\/path>\n <\/svg>\n <\/span>\n Must read: Paxful announcement<\/span>\n <\/h4>\n
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On April 4, 2023, Ray Youssef, the CEO of Paxful announced in a blog post<\/a> that Paxful will be suspending its marketplace and that he isn't sure that it will come back.

Youssef highlighted the fact that The Paxful Wallet will be up for customers to retrieve their funds and urged users to send their funds on Paxful to a non-custodial wallet<\/a>.<\/p>\n\n <\/div>\n <\/div>\n<\/div>\n

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\n Disclaimer:<\/b> This information should not be interpreted as an endorsement of cryptocurrency or any specific\n provider, service or offering. It is not a recommendation to trade.\n <\/div>\n<\/div>\n

What is Paxful?<\/h3>

Paxful is an exchange platform that enables its users to buy and sell cryptocurrency. It is a peer-to-peer marketplace that enables buyers and sellers to meet and make transactions. Users can also make use of Paxful exchange as a means of payment processing for their websites.<\/p>

Paxful exchange offers a wide range of payment options for its users and ensures that its services can be used even in countries where cryptocurrency exchange platforms are restricted. It only offers Bitcoin, Ethereum and Tether for buying and selling.<\/p>

Trust has been a major issue when it comes to transactions on cryptocurrency exchange platforms, as there is a high risk of being scammed. Paxful solves this problem by providing escrow services. It ensures that the transactions are being confirmed by both sellers and buyers before payment is made.<\/p>