Trade statuses determine the progress of your trades.
Each trade on Paxful has a status. There are 6 statuses that your trade could possibly have:
Trade funded - when a trade is opened and the funds are transferred to escrow
Trade Paid - when the buyer has marked the trade as paid
Expired or cancelled by the system - Every trade has payment window for the buyer to make a payment. When the trade is funded but the buyer did not mark it as paid, therefore allowing the payment window to expire
Cancelled by the buyer - when the buyer cancels the trade
Trade disputed - when either the buyer or the vendor opens a dispute (Dispute can be started in 3 hours after the trade was marked as paid)
Trade released - when the vendor released the funds from escrow to the buyer’s wallet