Paxful bitcoin money transfers |

Paxful bitcoin marketplace

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Buy and sell bitcoin from anywhere in the world with Paxful.

Paxful is a peer-to-peer online marketplace for bitcoin, an increasingly popular digital currency that you can store in a free e-wallet available to you on registration.

Sell and trade currency from your bitcoin wallet

Paxful allows users from all around the world to easily buy and sell bitcoin online in minutes, depending on the method of transfer. Pay however you’d like and transfer your funds into your digital Paxful wallet.

Because it is a peer-based marketplace, exchange rates and terms can vary depending on the individual seller. But Paxful offers a variety of payment options to make your transactions as easy and convenient as possible.

Paxful is best for:

Bitcoin. Buy and sell bitcoin online with Paxful.

How much does it cost to exchange bitcoin with Paxful?

Buyers never pay a fee, but Paxful charges sellers 1% of the transaction amount.

What types of transfers does Paxful support?

Because bitcoin is a digital currency, all transfers are delivered into your Paxful e-wallet.

You can buy bitcoin with:

  • Bank transfers
  • Cash deposits
  • Debit or credit cards
  • Gift cards
  • E-wallet balances
  • PayPal
  • Money transfer services like Western Union and MoneyGram.

Visit Paxful’s website to see a full list of payment methods that sellers can choose to accept.

How much bitcoin can I exchange through Paxful?

Because Paxful is a peer-to-peer marketplace, the details of each transfer will vary based on your seller. However, Paxful sets a minimum transfer amount of $10. Carefully read the minimum and maximum amounts that are set by sellers before making an exchange.

How can I buy bitcoin through Paxful?

To begin using Paxful, you’ll need to create a free account and gain access to your free e-wallet. When you’re ready to buy bitcoin, simply enter the amount that you’d like to spend, choose your payment method and then select a seller. Once you’ve selected your seller, you can initiate a live chat with them.

What is Paxful?

Paxful is a peer-to-peer online marketplace that allows you to buy and sell bitcoin with anyone in the world. One of the best things about Paxful is that it allows users to pay for their bitcoin purchase using more than 300 payment methods that include gift cards, Apple Pay, Facebook Messenger as well as more traditional methods like your debit card, cash or online wallet.

What other products does Paxful offer?

Paxful is primarily an online bitcoin marketplace, but it offers businesses the option of adding a “Pay with Paxful” button to their e-shops. With this option, customers from all around the world can make purchases using the bitcoin in their e-wallets, rather than exchanging currency through a more traditional option.

You can become a Paxful Partner by adding a Virtual Bitcoin Kiosk to your blog, website, app or social media page. As a Paxful Partner, you can earn 2% of your sale through your Virtual Bitcoin Kiosk.

What do users say about Paxful?

Among lots of advertising from Paxful itself, you’ll find many online reviewers warning that its a “silent scammer” with bad customer support, which is available by phone, email and community forums. Some not only call out specific sellers by name who failed to deliver but also Paxful for not offering recourse. Still others claim they aren’t able to message vendors without initiating a trade.

But it’s not all bad news: Many come away happy with what they call the “Uber of Bitcoin.” To ensure your own happiness, carefully research the vendor you intend to do business with before initiating your transaction. Don’t simply rely on Paxful’s rating system, If your seller asks for your PayPal password to transfer bitcoin by phone, corresponds in broken or very bad English or asks for a deposit, cancel the deal and find another seller.

Frequently asked questions

Was this content helpful to you? No  Yes
Back to top

Read more on this topic

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

6 Responses

  1. Default Gravatar
    SamDecember 22, 2018

    Does Paxful do any KYC? Do they comply with AML laws?

    • finder Customer Care
      JoshuaDecember 22, 2018Staff

      Hi Sam,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      I can’t find an official statement about your question Sam. However, upon checking, Paxful published an article on Medium and it mentioned that Paxful does KYC or Know Your Customer. Regarding AML, it can’t seem to find something about this.

      I also found a Paxful review that mentioned this platform does allow their users to buy bitcoin without having to go through AML/KYC regulations.

      I would suggest that you do your research and even get in touch with Paxful directly to confirm.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!


  2. Default Gravatar
    AlexcelinaDecember 10, 2018

    How can I open Paxful account?

    • finder Customer Care
      JhezelynDecember 13, 2018Staff

      Hello Alexcelina,

      Thank you for your comment.

      To create a Paxful account, please go to the Paxful website and click Create Account. Please fill out the registration form and click Create Account and Free Wallet. Your bitcoin Wallet on paxful always shows your current balance in bitcoins and your local currency.

      You can send bitcoins out and make payments at any time. Click the SEND button. Type in the amount you want to send in either bitcoin or dollars. It shows your balance in bitcoins by default but you can change it anytime by clicking the “Switch to Dollars” Link and back to bitcoin as well. Paste in the bitcoin address you got from the person you are paying. Paste it where it says “bitcoin address” It’s a very long scary password and is case sensitive. Click send and then click confirm.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.


  3. Default Gravatar
    JandeySeptember 22, 2018

    How can I use paxful wallet to purchase anything online that accepts bitcoin

    • finder Customer Care
      JoshuaSeptember 25, 2018Staff

      Hi Jandey,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      You can use Paxful wallet to purchase anything online by having the public address of your seller. From there, you can simply send crypto coins as a payment to your vendor. Paxful wallet is easy to use and you should be able to quickly know the exact steps on how to send coins to other wallet.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!


Go to site