Paxful

Paxful helps users buy and sell cryptocurrency directly with other users and manage digital assets in a mobile wallet. It brings peer-to-peer offers, transfers, currency conversion, and transaction tracking together, with Bitcoin, Tether, and Ethereum among its supported assets.

Trading with a choice of payment methods

The marketplace supports payment options including gift cards, debit and credit cards, bank transfers, and online wallets. Its payment choices include methods that do not require a bank account. Buyers and sellers trade directly with one another and can set the terms of their deals rather than relying on a single payment route.

Bitcoin (BTC), Tether (USDT), and Ethereum (ETH) are described as available for buying and selling, while USD Coin (USDC) is also listed among the assets available to buy. The platform describes support for more than 100 currencies across over 170 countries. These figures describe its stated reach rather than confirming that every payment method is available in every location.

Wallet transfers and asset conversion

An account includes a personal mobile cryptocurrency wallet for storing assets and checking balances. Users can send and receive cryptocurrency through a unique wallet address or a QR code, providing two supported ways to identify a transfer destination.

Conversion tools sit alongside the trading functions. The wallet supports converting Bitcoin to Tether or Ethereum and converting those assets back to Bitcoin. Tether is designed to track the value of the US dollar; this describes its intended relationship to that currency, not a guarantee of its value.

Following trades, transactions, and rates

Paxful lets users monitor open trades and review recent transactions. It also displays updated cryptocurrency-to-fiat conversion rates in real time. These tools connect ongoing marketplace activity with a record of recent wallet activity, while giving users a rate reference within the app.

The supplied fee information lists no buying fee and a 1% seller fee across payment methods, including gift cards. It also mentions sendout fees without providing an exact amount. These are separate fee categories: the stated buying fee does not establish that every wallet action is free.

Account controls and support

Users can enable two-factor authentication as an additional account protection measure. The trading service also includes an escrow feature. Neither feature should be treated as a guarantee that a transaction is risk-free.

ID and address verification are available, and verified accounts are described as receiving additional benefits, although those benefits are not specified. For questions or trade-related problems, customer support is listed as available 24 hours a day, seven days a week. The app also offers more than 20 interface languages.