Quickly and easily buy and sell Bitcoin with this peer-to-peer marketplace.
While it’s more difficult to mine for Bitcoin these days, cryptocurrencies are gaining acceptance for even everyday purchases. Paxful helps to connect buyers and sellers to easily exchange Bitcoin, accepting more than 300 different payment methods. For businesses, Paxful provides a quick and easy way for online shoppers to pay using Bitcoin.
Gabrielle Pastorek is a staff writer at Finder, helping readers to round up the best deals, coupons, retailers, products and services to make sound financial decisions. She's written more than 800 articles on the site and is a quoted expert in Best Company and DealNews. She earned an MFA from the University of Pittsburgh, with essays and short stories published in The Collagist, Blue Monday Review, Blotterature and others. When she’s not writing, Gabrielle can be found out in the barn with her horse, Lucy.
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific
provider, service or offering. It is not a recommendation to trade.
Supported fiat currencies:
DZD, XCD, ARS, AMD, AWG, AUD, AZN, BSD, BHD, BDT & 140+ more
Supported cryptocurrencies:
2 cryptocurrencies
BTC
USDT
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 their choice of more than 300 payment methods. Options include gift cards and Apple Pay, as well as more traditional methods like your debit card, cash or online wallet.
Details
Minimum transfers. $10 minimum, but may vary by seller.
Maximum transfers. Varies by seller.
Transfer methods. Credit or debit card, bank transfers, third-party transfers and 300+ other methods.
Transfer options. Delivery to Paxful e-wallet.
Delivery speed. Minutes or longer, depending on payment method and seller’s response.
Available currencies. 100+ currencies.
Fees. No fee for buyers; Fees vary for sellers.
Exchange rates. Bitcoin exchange rates fluctuate more dramatically than other currencies. Paxful updates its rates online.
Customer service. Email and 24/7 live chat support on the Paxful website.
As a buyer, you won’t pay a transfer fee. Sellers, however, pay a fee equal to 0.1% of the transaction amount.
A bigger cost you’ll need to pay attention to is the exchange rate. Bitcoin is a decentralized currency, but it’s still affected by government regulation and other market trends. On Paxful, sellers define their own prices at slightly higher than the exchange rate for the speed and convenience of its transfers.
Exchange rates also vary by the transfer service you choose. For example, if the mid-market rate is 1 USD = 1,049.20 BTC, Paxful might offer an exchange rate of 1 USD = 1,037.15 BTC. The seller will then decide how much more they want to charge, so be sure to compare sellers’ rates before initiating a transaction.
Available countries
Paxful operates in more than 100 countries, giving you lots of options when it comes to currencies that you can trade for Bitcoin.
What types of transfer does Paxful support?
Because Bitcoin is a digital currency, all transfers are delivered into your Paxful e-wallet.
To buy Bitcoin, you can use one of more than 300 payments options that include:
Create an account and instantly receive a free e-wallet from Paxful.
Enter how much you want to spend and choose your payment method.
Compare sellers’ rates and choose a sender.
Initiate a live chat with that seller to agree on terms and complete transfer.
Bottom line
Paxful can be a convenient option to help you buy and sell Bitcoin, but the value of Bitcoin can be somewhat volatile. Compare exchange rates, transfer speeds and fees with other Bitcoin exchange services like LocalBitcoins, CEX.IO and Cryptonit.
Frequently asked questions
Bitcoins are a cryptocurrency, so you won’t receive tangible money. Instead, this currency is kept in your Paxful e-wallet until you’re ready to spend it.
Maybe but, as we’ve already said, cryptocurrencies are volatile and risky. Some people are making money mining Bitcoin, but it’s much more difficult to turn a profit than it was in Bitcoin’s infancy. Paxful’s affiliate program may help you to earn money by sharing your unique link with anyone looking to buy Bitcoin.
Online businesses can add a “Pay with Paxful” button to their checkout system, which allows customers without bank accounts or credit cards to pay with the Bitcoin from their e-wallets instead.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly
volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of
future performance. Consider your own circumstances, and obtain your own advice, before relying on this information.
You should also verify the nature of any product or service (including its legal status and relevant regulatory
requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may
have holdings in the cryptocurrencies discussed.
Thanks for your comment and I hope you are doing well.
Currently, Paxful sets the minimum exchange amount to 0.001 to BTC. You can start buying or selling as small as 0.001 BTC in the peer-to-peer exchange. Note that BItcoin’s market prices changes frequently, thus you may need to check the market price of Bitcoin often. 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.
This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering.
It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators’ websites before making any decision.
Hope this helps and feel free to reach out to us again for further assistance.
You may do that by simply making an offer on Paxful’s exchange to sell your Gift Card and wait for a Bitcoin seller to accept your offer for the price.
How can I put my username….I just wanted to join..I have create my gmail ,the password, I have correct the captcha so am only having problem with username alone maybe you can sight an examples for me
Thanks for getting in touch! A username and password is very private information that only you should know and access. Think of a name that is unique that no other person can predict therefor we cannot assign a sample for you. Hope this clarifies!
To create a Paxful account, just go to their website and click Create Account located on the upper right side of the screen. When you successfully create a Paxful account, you’ll automatically get a Free Bitcoin wallet.
Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.
Please be advised that Paxful is an online marketplace that allows you to buy and sell bitcoin to anyone in the world. If you want to purchase Ripple, you may purchase Bitcoins in Paxful first then use it to purchase Ripple in any of these exchanges.
I hope this helps.
Let us know if there is anything else that we may assist you with.
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