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Founded in 2015, Paxful is one of the leading peer to peer Bitcoins marketplaces that allow buyers and sellers to meet at one central place and make safe transactions. The company has its headquarters in New York USA and has gained popularity over the years due to its availability of several payment methods, including Gift Cards. bypass paxful id verification,
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Paxful is unique for its ability to accept gift cards as a mode of payment to buy bitcoins. Additionally, they have other methods such as bank transfers, direct cash, PayPal, Skrill, Neteller, and cash in person. vccexpress.
With Paxful, you can buy bitcoins using iTunes, Amazon, eBay, Google Play, Steam Wallet, and OneVanila Visa/MasterCard Gift Cards. These are the most popular gift cards that are supported by Paxful. what is paxful account.
Buying Bitcoins with iTunes Gift Card on Paxful
buy verified paxful account, Normally, iTunes gift cards are used to purchase books, download apps, songs among others available on the Apple Store, iTunes Store, and the Apple book. However, Paxful has revolutionized this by adding the ability to purchase bitcoins using the iTunes gift card. Once you pay for your bitcoins and the card is verified, you immediately get the coins in your wallet. paxful law enforcement.
So how do you do the transaction?
The process has been made super easy and safe by Paxful. You log in to your Paxful account and select buy bitcoins. On the payment methods, select gift cards and choose iTunes gift cards.
You can choose to buy from one of the many available vendors selling using iTunes gift cards or create an original offer to sell your coins for the iTunes gift card. vccrp.
The value of the coins varies from one seller to another. buy verified paxful account.
Is Paxful ?
Yes, they will scam you with the first change they get. It’s been locked for almost 15 days since I was ask to upload a ID verification and Face Verification. I’ve contacted multiple times Paxful Customer service regarding this situation and they’ve told me this:
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”We apologize for the delays and we appreciate the screenshot you have provided. Since this is the notification you are seeing then please be aware that verification is being conducted by a third-party company hence we currently do not have the time-frame as to when the account will be verified. Rest assured that you will be notified as soon as the process is completed.”
Which also aren’t in the terms and conditions of Paxful.
I was also answered this too by Christine: buy verified paxful account
Me: Yes but I have since 9 of February waiting and its very disrespectful!!! buy verified paxful account.
We understand your sentiments with regards to this. Regrettably, we do not have the time-frame as to when the account will be verified as this is being handled by a third-party company. We ask for your cooperation and patience in all this.
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Thank you very much for reaching out to us. Should you have any other questions or concerns, please don’t hesitate to contact us again.
I need my account to be unlocked since I’m not able to Upload my ID once again, I have almost 1350$ by february 09, and today february 19 I have 1110$ because bitcoin price has lower its price. buy verified paxful account
How long will it take when I transfer Bitcoin from Blockchain to my Paxful wallet?
Originally Answered: How long can Bitcoin be transferred from a blockchain to Paxful take?
On average, it would take 10 minutes. Bitcoin blockchain produces one new block every 10 minute. Once you made the transfer on blockchain, your transaction is successfully verified and Paxful will reflect the deposit entry in your Paxful account. buy verified paxful account.
How to Buy Bitcoins with Amazon Gift Card on Paxful
You only redeem your amazon gift card on amazon to make purchases. sell verified paxful account.
But with Paxful, you can buy bitcoins with the amazon card. Similarly, you can sell your bitcoin for an amazon card balance. sell verified paxful account.
How to buy using the Amazon gift card
You first need to buy an amazon gift card from certified retail selling the cards. Buy the physical card with cash and save a copy of your payment receipt. sell verified paxful account. buy verified paxful account
On your Paxful account, select a seller offering Amazon gift cards as a payment method.
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Scratch the card and take a picture of the code at the back of the card and a picture of the receipt for proof it was bought with cash. Make sure the photos are of high quality.
Type in the code you find at the back of the card and complete the trade by clicking on the payment complete. The seller then releases the bitcoins upon confirmation.
How to Buy Bitcoins with eBay Gift Cards on Paxful
EBay is a popular peer-peer E-commerce platform founded in the USA, where sellers post products on sale for potential buyers. The eBay gift cards are redeemed on the platform to make purchases.
Paxful enables you to purchase bitcoins using the eBay gift card at rates provided by the seller.
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To buy coins, you need to login to your Paxful account and select eBay gift cards as the payment method. Then choose the buy that suits you. Make the payment and receive your coins.
The best thing is that you can also sell your coins in exchange for an eBay gift card at a rate that you feel comfortable with to gain higher profits. buy verified paxful account
How to Buy Bitcoins with Google Play Gift Card
Google play gift cards are redeemed to add your Google Play balance or get promotion codes on your play store.
Besides, Paxful enables you to redeem your Google play gift cards for bitcoins. The value of the coins is different from one vendor to another; hence it’s up to you to select the one that suits you. paxful account for sale.
To buy using Google play gift card, log in to your Paxful account and select Google Play gift card as the payment method. Choose the seller with the best offer, communicate, and make payments to receive your coins.
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You can also sell your coins to increase the balance on your gift card.
The bottom line, no payment gateway accepts gift cards as a mood of payment.
But as discussed above, cryptocurrency gateways such as Paxful provide an alternative to use your gift cards. Once you get your coins, you can, in turn, sell them for cash or PayPal balance.
Paxful is an online marketplace which allows buyers and seller to meet online and trade bitcoins. Unlike most bitcoin exchanges, that match buyers and sellers in an automated process, Paxful allows users to communicate directly. Its sellers offer a wide variety of payment options and the built in escrow makes the process secure. Similar to LocalBitcoins, buy verified paxful account
Founded in 2015 with offices in multiple cities around the world (HQ is in the US) and over 200 employees, Paxful aims to be the “eBay” of the Bitcoin community. Paxful enables individuals to become merchants and sell bitcoin online, similar to how eBay allows people to sell merchandise. Paxful also offers a great alternative for buyers, since sometimes traditional exchanges just don’t cut it.
While most exchanges suffer from geographic restrictions or limited payment methods, Paxful is free of both, giving the power for trading Bitcoins back to the people and allowing for a more decentralized trading market. Notably, Paxful is very popular in Africa where traditional exchanges have been slow to emerge. buy verified paxful account
How to Buy Bitcoins on Paxful
The first thing you have to is find an offer that suits you. To do that, filter for the currency in which you want to pay for the bitcoins as well as the payment method you want to use. paxful account for sale,
Once you have found an offer:
Choose the amount you want to buy
Read the seller’s instructions (e.g sometimes sellers require you upload an ID in the chat)
Follow payment instructions and mark as “paid”
Wait for the seller to release the bitcoin .
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It’s worth mentioning that some trades can be concluded instantly while others might take longer, depending on the payment method and whether the seller is online or not. Paypal and gift cards, for example, are almost instant. Bank deposits, Western Union and Moneygram can take some time, as you must leave your home to their branch to deposit cash.
Is it safe to buy bitcoin on Paxful?
To make bitcoin trades secure, Paxful provides an escrow service. Once a buyer finds a seller and the offer is accepted by the seller, the Bitcoin are automatically moved from the vendor’s wallet to an escrow account.
At this point, the seller can’t cancel the trade and it is secure to pay for the Bitcoins. However, as the buyer you have a limited time frame to deliver the money to the seller and mark the payment as ‘complete’. If you fail to do that in the given time frame, the deal will be auto-cancelled and the Bitcoin will be returned to the seller’s wallet.
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When both the buyer and the seller have verified that the transaction has been confirmed and all the terms have been met, the money will be released to the buyer’s wallet and the deal will be concluded. If at any point there will be a disagreement between the two parties, the process will move along to dispute. Paxful moderators will then investigate all the info, consider all the available details and finally make a decision to whom the bitcoins will be awarded.
Payment Methods and Currencies
Paxful deals with the buying and selling of Bitcoin only. Since the money is sent directly to the sellers, the site itself doesn’t hold fiat currencies for users. Sellers on Paxful accept over 300 payment methods, with the most the most popular ones being credit cards, PayPal, Amazon gift cards, wire transfers and Western Union. Keep in mind that different payment methods will result in different exchange rates.
If you’re buying Bitcoins on Paxful, you won’t have to pay any fee to the site itself. Different sellers, however, may charge fees or a premium, depending on your payment method as stated before. Sellers on Paxful pay a 1% fee to the company. Additionally, there are normal Bitcoin network fees which are paid by the sender, in order to transfer money through the network. These fees do not go to Paxful but to Bitcoin miners. paxful account verification.
Level 1 – Email and phone verification. Limit is $1,500.
Level 2 – Level 1 requirements + ID verification. Limit is $10,000.
Level 3 – Level 2 requirements + address verification. Limit is $10,000.
Level 4 – Level 3 requirements + enhanced due diligence. No limit for this level. Since April 6 2020, ID verification is mandatory for all US citizens. For non-US citizens the following limits apply.
How to use Paxful safely
Like on every marketplace it’s important to proceed with caution when buying from strangers. Paxful itself is a very trusworthy Platform itself but there’s no guarantee all sellers on its platforms are. Here are a few tips:
It’s better to use Paxful’s recommended sellers as they have better reputation and therefore are usually not scammers.
Never conduct communications outside of Paxful and make sure everything is documented within the system, so moderators will be able to help you in case of a dispute.
Make sure that the user you are trading with is online, as un-answered orders auto cancel in a short period of time and if the seller isn’t online that may be annoying.
Make sure to only pay when you have confirmation that the seller’s Bitcoin is in the escrow,
Conclusion – Is Paxful legit?
Paxful brings users the ability to buy Bitcoins with almost any conceivable payment method. The user experience is extremely intuitive and while everything seems pretty neat there are still some things you’ll need to look out for. First, make sure you’re getting a decent exchange rate. Depending on your payment method, the exchange rate can sometimes reach 2x of the “official” price of Bitcoin that can be found on traditional exchanges.
What is the most suitable app I can use to buy my bitcoin in Nigeria?
In this article, I am going to show you how you can make good money through cryptocurrency (Bitcoins) on Paxful. So what is Paxful? And how do you earn? paxful account verification.
Well before we get to that, let us understand more about Bitcoins. paxful account verification
Bitcoin is a cryptocurrency form of electronic monetary value that is decentralized, digital and without a central bank. Every single transaction is recorded in a public list referred to as the blockchain. paxful account verification
So where do you get a secure and reliable platform in Africa?
The answer is simple; the easiest and most reliable platform for bitcoin transactions is Paxful. Paxful is a peer-to-peer platform that offers a wide range of trading and payment options for various users. Paxful makes it easier to buy and sell bitcoins. kyc verified paxful account.
How to Start Trading with Paxful
1. Sign up to open an account with Paxful and get a free bitcoin wallet. kyc verified paxful account.
2. Active your account by verifying your email, address and identity to have no limitations on trades. sell verified paxful account.
It’s that simple and you are good to go!
The next “big thing” is to start trading with bitcoins and earn profits. Paxful gives you a very easy to navigate interface. To buy bitcoins, you need to click on the buy button, select the most suitable payment method and start browsing on the available offers. Remember you have to be business minded, I mean, after all we want to make profit after selling our bitcoins, right? So be sure to select the most suitable seller and review their terms. verified paxful account for sale.
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Once satisfied with the seller’s terms, enter the amount of bitcoin you wish to buy. This will open a live chat with the seller. Follow the seller’s instructions and make the required payments. Then confirm the transaction and you will receive the bitcoin from the seller directly into your Paxful account. usa paxful. kyc verified paxful account.
How to Sell on Paxful
1. Log in to your Paxful account and choose your preferred payment mode. usa paxful
2. Browse for the best offers available to ensure you get the maximum returns. When done, click search for offers. Here is where you have to be extra careful. sell verified paxful account
3. Check all important information about the buyer. The information may include name, verification level, reputation of the seller and rate per bitcoin. buy paxful account.
4. Once you have found the most suitable offer, click sell. This will navigate you through the offer terms and conditions set by the buyer.
why do many bitcoin traders prefer using Paxful platform?
Paxful; being the leading peer-to-peer powered bitcoin platform, empowers both sellers and buyers. It brings social justice to millions of people and financial freedom worldwide. With over 5 years of existence, Paxful is an established institution with its headquarters in NewYork. It has other has branches across the globe hence offers millions of users a strong business model that is aimed at giving back to the society and bringing suitable change worldwide.
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Paxful uses a simple website that offers wide range of payment and trading options for users. Users are free to use credit-debit cards, MoneyGram, Skrill and Paypal and other payment methods available. Use of gift cards such as iTunes and Amazon has helped users to make purchases conveniently across Africa and the globe.
This platform acts as a supervising authority over peers who use wallets, instruments or accounts to trade among themselves. This is because Paxful does not act as the custodian of the fiat of fiat-like wallets, accounts and instruments.
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The Paxful gift card trading system has become darling to the users worldwide. Gift cards command a huge market and make billons in sales every year. They are easily accessible in every gas stations, grocery stores and convenient stores. They are also easy to purchase with cash and hold a stable value throughout the year. verified paxful account for sale.
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Apart from the procedure of joining Paxful being very simplified, purchasing and selling of bitcoin is easy. You buy right away after signing up and the transaction between the buyer and seller is directly through personal accounts. This aspect makes it safe and secure for both users. In addition, utilization of the highest level encryption, escrow and professionally audited security ranks Paxful as the best in the market. verified paxful account for sale.
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Paxful has a well enabled instant live chat. The moment trade is initiated, an experienced seller takes one through the whole process in one-on-one live chat. This is very important especially for beginners in this field since all vital details are availed through live chat.
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