This is what to do if you encounter it: One solution to figuring out why you may be having issues on Paxful is to check our Paxful Status Page. Once the trade has begun, a more specific set of instructions should appear for the meetup. Here are a few things to keep in mind: Once youve created and published your personalized offer, wait for a seller to start a trade with you. For further information visit Paxfuls blog article: Introducing the Travel Rule. If youre starting from the Paxful home page, clickRegister. , and they allow users to trade cryptocurrency. The payment is sent to the merchant and the user is redirected to the merchant website. So what can you actually do on Paxful's platform? There is no direct limitation to the purchase sizes, but for large sums, a vendor can request additional KYC procedures. Heres a short and informative video on the topic: 2. Mark the trade as Paid, then confirm on the Self Declaration pop-up. The entire block chain can be downloaded and openly reviewed by anyone, or you can use a block explorer to review the block chain online. It will basically serve as an escrow plugin for your site and your customers won't ever think they left your website. Paxful takes AML protocol seriously, and we abide by all laws, regulations, and procedures. But some cases require the intervention of a third party our moderators. We recommend taking a look at the. Instructions give additional guidance to your trade partner and should consist of clear steps. As a part of the process, the buyers will need to register as Paxful users. - Do not create an offer and then become unresponsive with your trade partner once the trade is initiated. Once you deposit your funds, youll see the message below, and your funds will eventually be reflected in the left side menu. For more information on how to sell crypto. You can also create your own USDT offers (just make sure youre ID verified!). Make sure to read Paxfuls new Offer Terms carefully, then you can adjust additional instructions and limitations on your offer. Talk to your trade partner in the trade chat. Consider including FAQs sectionthink what questions trade partners may ask. Offer terms is the buyer requesting additional documents or having specific requests as part of the trade procedure? Coin locking/coinlock is when a buyer uses the escrow to hold onto the seller's cryptocurrency without the intention to send payment and complete the trade. You can leave the Anyamount field empty if you do not have any specific amount in mind. Our Marketplace investigations team will verify the request and ensure your account is in good standing before granting access. To verify that 2FA via email is turned on, make sure it says Activated. Click the. There are many services available for this, you can even use exchanges such as Kraken. We look at your account on a rolling basis, so the requirements need to be met consistently over a 90-day period to keep your Trader Program status. Creating your account is easy and very user-friendly. For buyers, the purchase process will be a bit different. This will get you up to speed in no time. AML refers to laws and procedures intended to prevent people from disguising illegally obtained funds as legitimate income. Make sure that youve explained the problem in detail and submitted enough evidence. As an added bonus, your trading/send out limits will increase once your email address is verified. What are the requirements to join the Trader Program? Also, check how you can contact our 24/7 dedicated customer support team. Here are some safety tips to help you protect your funds. If a buyer has filed a chargeback, take a look at this article to see what you can do. Giving out personal information is how fraud and identity theft start. All Paxful trades flow in a similar way. We have stronger user bases in every major country and national currency. How escrow helps cryptocurrency sellers: Sometimes a buyer may not be able to finalize the payment for the cryptocurrency. Hover over your username on the top right of the page and click on the, To verify that 2FA via email is turned on, make sure it says. Confirm reading the warning by clicking. A buyer of cryptocurrency must pay the exact price that is set for trade. The guided trade tag is mandatory. And finally, read through the, To sell cryptocurrency for gold, you can also. To comply with international regulations, we require users to provide more information when trading 1,000 USD+ in cryptocurrency. 2. Here are some things to consider: Tip: Prefer public places for Cash In Person trades. Therefore, it is not possible to trade cryptocurrency for gold or vice versa without being fully verified on Paxful. This message may sound too simple and obvious. When you find an offer you like, click Buy. When you find the offer that suits you, be sure to read the offer terms before starting the trade. Check out our coverage in renowned publications and learn about our Built With Bitcoin initiative. For this reason, sellers of cryptocurrency are highly favored in such disputes. Some of our most popular payment types include: Paxful has zero fees when you buy or receive crypto. Merchants can choose to receive payments in USDT. To see the exact schedule, hover over a day of the week. Completing the CAPTCHA proves to us that youre a human and gives you access to our platform. To deposit Bitcoin to your Paxful wallet: 1. Weve also introduced new Offer Terms for Bank Transfer trades, which have been set by Paxful. Note: If youd prefer to stick with the old Bank Transfer process, choose Other Bank Transfer as your payment method. During a dispute, we recommend that users of both parties adhere to our. Wallet, and in return, youll receive interest every week. Here's how you can verify your phone number on Paxful if you didn't create your Paxful account using your phone number. Supporting the trade of gift cards for a cryptocurrency is complicated. With Paxful, the minimum amount you can buy, sell, and convert is 10 USDT. You can easily send your Bitcoin from your Paxful Wallet to an external wallet as we support major Bitcoin wallet types except for one. ou dont have to worry as the process is chargeback free. The guidelines we follow are to protect the Paxful community when a gift card trade is disputed. Be careful of an exit scam Other P2P exchanges have issues which scammers such as eBay. How to Buy Bitcoin Instantly on Paxful - YouTube The, button also provides security from dishonest or forgetful sellers. You will need to verify your email address, phone number, address, and identity in order to comply with Paxful standards and the Travel Rule when sending out 1,000 USD or more in cryptocurrency. Once you've created your account, you'll need to verify your phone number or email address (depending on what you used to create your account) using a code sent to your phone or email. While we dont have a timeline on when the program will resume, please know that were working to get it back up and running and stronger than ever. 1. On the Report a chargeback dialogue box, do the following: 4. . Youll then see a pop-up message that will ask you to enter the amount you would like to withdraw. A: We are actively working on what the future program will look like and will update the community when we can. Once your client's bitcoin is sent to you, there is no chargeback risk to your business. To buy cryptocurrency with gold, you can also. You can report a chargeback only for the following payment methods: Amazon Gift Card, Bank Transfer, MTN Mobile Money, PayPal, Zelle Pay. Paxful is the leading peer-to-peer marketplace that lets you directly trade Bitcoin with people like you, all over the world. Top Paxful Alternatives - Websites Similar To Paxful (2023) You can then click 'Find Offers', and you'll be shown the offers that match your criteria. Coin locking or holding a sellers cryptocurrency in escrow without the intention to make the payment and complete the trade. If a third party payment was sent, try to get as much information as you can about the account the payment was sent from, Take a look at your trade partners feedback history before starting a trade to make sure they arent getting feedback about chargebacks. With 9 million users and over 350 payment options available on the platform, we have one simple mission: to provide financial access to anyone, anywhere at any time. If at any point during the trade you feel confused about the instructions, feel free to send a message to the buyer via trade chat. 3. To learn more about the functions of this wallet and any restrictions, visit our Help Centers section on Paxful Wallets. Paxful is a peer-to-peer online marketplace that allows you to buy and sell Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) with anyone in the world. Once you have provided all the documents requested by the cryptocurrency seller, click. button at the bottom of the left side menu. Ethereum is also a network where ETH (Ethereum), USDT (Tether), and other cryptocurrencies transact. If you've paid for your crypto but something has gone wrong, you can start a dispute! If you do not like the offer, do not insist on changing the price in the same trade. The first step to selling cryptocurrency for gold is to look for an offer that accepts. The solution is unique as transactions are handled through the robust Paxful platform trades (which are peer-to-peer). You can also generate a new Bitcoin address for extra privacy/security. Brokering gift card codes is strictly prohibited on Paxful. Once your trade partner has made the payment, click Release. If you notice that Bitcoin sent to your Paxful wallet isnt showing up on your balance, it doesnt mean that your funds are lost. Merchants have control over the configuration of the solution and can track every transaction through a tracking ID. So, are you ready to send, receive, and store your cryptocurrency in a more effective, smarter, and faster way? There are a variety of cash payments that you can use to sell cryptocurrency on Paxful. Choose the best rate of cryptocurrency to have the highest profit possible. You can remove or change the latter two tags to suit your needs. Unfortunately, Ethereum transactions cant be cancelled or reversed. Look for Bitcoin (BTC) currency under Assets and click RECEIVE. Here's a guide to help you: Before you begin, please ensure that you have verified your phone number. 2. (Please wait a couple of minutes before reporting). You need to verify your phone number after creating your account to access certain levels and enable two-factor authentication (2FA). The kiosk serves all customers globally outside of OFAC countries, just as our main platform does. Successful a seller of cryptocurrency has released funds from the trade escrow to the buyers wallet. There is an option on each password field to show the password. I Sent Funds to the Wrong Address. For more information on how to buy crypto, list. Thank you for your patience. Click Choose file and select a file from your device.
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