If a cryptocurrency exchange can be all things to all people, Paxful is the service! Paxful offers 300 ways to buy cryptocurrency, all the while maintaining a great trust rating with the 160,000 monthly users of its Bitcoin exchange platform. Following its recent partnership with BitMart, the peer-to-peer bitcoin marketplace is integrating into the top 20 cryptocurrency exchange and bringing real-time crypto trading to its global community. Has Paxful fulfilled its mission to provide a “simple, fair and secure” Bitcoin exchange service? We have conducted an in-depth review of the fees, features, and pros and cons of Paxful and concluded that Paxful earns high marks on fees, service quality and reliability. No doubt Bitmart courted Paxful for its successful P2P decentralized exchange model. On this Page:Contents [show] Our Recommended Crypto Exchange (US Friendly) Free Secure Wallet supporting 120+ Cryptos - Unlosable Private Key Buy Crypto with Paypal, Credit Card, Bank Transfer Staking rewards for ETH, ADA, TRX holders Trusted by millions of users - ASIC, FCA & CySEC regulated Trade Crypto, Stocks, Forex, Commodities, ETFs Buy Crypto 68% of retail investors lose money when trading CFDs with this provider. What is Paxful? What started out as a modest Bitcoin trading service has become a major force in the development of a universal currency. Founders Ray Youssef and Artur Schaback saw an opportunity to deliver both a commercial service and social good through Bitcoin trading. Almost one-third of the world is still unbanked, but three-quarters have a mobile phones. With a mobile, anyone in the world can connect to Paxful and find trading partners. A multi-tier affiliate program helps spread the word. In 2018, 41 percent of Paxful’s USD 20 million in revenue was generated from the Africa region. Paxful has improved the legitimacy of crypto trading by putting a face on Bitcoin trading through: ◻️ Live social connections – Paxful users complete the sale over live chat, placing a real person behind the trade in the sometimes murky world of crypto trading. ◻️ Reputation ratings – Buyers and sellers increase their market power through reputation management. Both parties to a transaction are rated at the completion of a sale. The higher a seller’s reputation, the more pricing power they have in the market. The introduction of biometric identification this year stamps a real facial imprint on a Bitcoin transaction, making fraud even more difficult to perpetrate. How does the Paxful exchange work? Paxful provides a website and app to instantly buy cryptocurrency. The two ways to connect and trade Bitcoin on Paxful are: Website – See more details on how to trade using the website dashboard below. Virtual Kiosk Link – The Virtual Kiosk is a widget that can be placed in any website, mobile app, YouTube channel or social media. You receive a 2 percent commission on all sales made through your kiosk. An escrow account is used to protect both buyer and seller. If there is a disagreement, a dispute process is used, which has enhanced the reputation of the service. In comparison, on exchanges like LocalBitcoins or Coinmama you will have to appeal to the payment processor for a remedy (e.g., Visa, PayPal). If you want to accept Bitcoin on your website, add a Pay With Paxful button. The payment will be processed instantly from the user’s wallet. What cryptocurrencies does Paxful support? Paxful supports the buying of Bitcoin. If you want to to buy Ethereum with PayPal, Ripple or alt coins, you will not currently find them for sale on Paxful. If you want to buy and sell Bitcoin on a secure exchange with 300 payment methods, visit Paxful. You can sell cryptos for Bitcoin. Among the payment methods are popular cryptocurrencies, including Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), DASH (DASH), and more. The upcoming integration of Paxful and BitMart could add over 100 cryptocurrencies to Paxful. Best Cryptocurrency Exchange in February 2023 Invest$=StellarStellarXRPLitecoinEthereumBitcoin CashBitcoinBancor Network TokenMakerBasic Attention TokenStorjDecentralandEnjin CoinChainlinkQuantCrypto.com Chain TokenAlgorandOrchid ProtocolHedera HashgraphLoopring0xSynthetixTetherCompoundCeloTerraEthereum ClassicZCashTRONTezosNEOIOTAFantomEOSDogecoinDashCosmosCardanoyearn.financeKyber NetworkBalancerCurve DAO TokenBand ProtocolUMARENFTX TokenAaveSerumSushiBinance CoinChilizAvalancheThetaPolkadotSolanaPolygonUniswap Protocol TokenThe GraphShiba Inu1inchThe SandboxAxie Infinity ShardsGalaAnkr NetworkAsia Pacific Electronic CoinAPI3AmpLivepeerMy Neighbor AliceOrigin ProtocolCartesiSKALE NetworkFileCoinSparkFetch.AIBitcoin GoldBitTorrentMatic NetworkSwipeVeChainHydro ProtocolElrondSolaOasis LabsRaydiumIlluviumRender TokenAlien WorldsYield Guild GamesTravalaPancakeSwapEthernity ChainHarmonyImpactGasMercury ProtocolNearAuguriEx.ecNumeraireMulti Collateral DaiOMG NetworkWrapped BitcoinGemini DollarPARSIQGolem Network TokenAragonaelfABBC CoinVergeQTUMOntologyNEMMoneroBitcoin SVWavesArdorAmpleforthDaiPaxos StandardUSD CoinDecredStoxDFI.moneyRavencoinHoloStatus Network TokenCrypto.comUtrustHiveNervos NetworkArweaveKusamaSteemZilliqaWorldwide Asset eXchangeSiacoinIOS tokenICON ProjectHorizenBytomBitsharesKavaNanoReserve RightsGatechain TokenJUSTHyperCashHuobi TokenNEXOMachine Xchange CoinxDai ChainFloki InuWirex TokenAkash NetworkRefreshMore Filters1 Providers that match your filtersSort ByRatingRatingPrice1 Providers that match your filters Payment methodsCredit CardGiropayNetellerPaypalSepa TransferSkrillSofortFeaturesInstant VerificationFor BeginnersWallet ServiceMobile AppUsabilityVery GoodGoodAverageBadSupportVery GoodGoodAverageBadFees0 or betterSafety0 or betterCoin selection0 or betterRating0 or betterClear FilterRatingfor $1000 you get0.0422 BTCFeaturesEasiest to depositMost regulatedCopytrade winning investorsFeesSafetyCoin selectionfor $1000 you get0.0422 BTCBuy CryptoRead Review68% of retail CFD accounts lose money.FeaturesPayment methods Best Paxful Alternatives Visit Site68% of retail CFD accounts lose money.Visit Site74% of retail investor accounts lose money when trading CFDs with this provider.Visit SiteThe price and value of any investment in digital asset products can fluctuate.Visit SiteThe traded price of digital tokens can fluctuate greatly within a short period of time.Visit SiteMarket prices for digital tokens can be volatile and highly unpredictable.Visit SiteAs with any asset, the values of digital currencies may fluctuate significantly.Visit SiteThe value of digital currencies can go up or down frequently.Visit Site71% of retail CFD accounts lose money.Visit SiteAs prices of digital assets are highly volatile, users could lose all or a substantial portion of the value of any digital asset they purchase.Rating5.04.74.74.64.54.44.34.14.0Mobile App Rating10/109/109/108/108/109/109/109/1010/10FeaturesMobile AppWalletNumber of Coins7460223617596515123FeesTrading FeesSpreadsSpreads0.1%0.1%0.1%0.1%0.50%Spreads0.2%Deposit FeesN/AN/AN/AN/AN/AN/AN/AN/AN/AWithdrawal Fees$5N/A0.0005 BTCN/AN/AN/AN/AN/AN/AExtrasRegulatedASIC, CySEC, FCACySECN/AN/AN/AFCAFCACBI, MiFIDN/AMin. Deposit$50100 EURN/AN/A$10$10$2$100N/ALeveraged TradingN/AN/A1 - 100x1 - 100x1 - 10x1 - 100xN/A1 - 30x1-200xLatest Prices (per Coin)Bitcoin$23693.07$23552.32$23476.08$40391.88$40393.04$40404.41$40416.27$23540.59$40377.55Ethereum$1654.49$1649.58$1639.34$2796.11$2795.55$2797.45$2796.59$1643.84$2795.54XRP$0.41$0.41N/A$0.23N/A$0.78$0.30$0.42$0.78Tether$1.01$1.01$1.00$1.00N/AN/A$1.00N/AN/ALitecoin$99.05$98.56N/A$109.04N/A$109.10$109.04$98.66$108.99Bitcoin Cash$138.94$139.35N/A$506.41N/A$295.12$295.07$139.28$294.96Chainlink$7.19$7.13N/A$14.26N/A$14.68$14.67$7.22$14.68Cardano$0.40$0.41N/A$0.83N/A$0.83$0.83N/A$0.83IOTA$0.23$0.24$0.23N/A$0.70$1.91$1.91$0.24$0.70Binance Coin$325.87$322.96$322.88N/AN/A$385.92N/AN/AN/AStellar$0.09$0.09N/A$0.19$0.08$0.19$0.19$0.09$0.19Bitcoin SVN/A$42.93N/A$182.50N/AN/AN/AN/A$77.12USD CoinN/AN/AN/A$1.00N/AN/AN/AN/A$1.00EOS$1.10$1.10$1.09$2.06$2.06$2.06$2.05$1.10$2.06MoneroN/A$175.40$173.11N/AN/AN/AN/AN/A$188.31Payment methodsCredit CardGiropayNetellerPaypalSepa TransferSkrill