Find all information you need about Paxful fees for trading, depositing, withdrawing, and converting cryptocurrency.
Trading Cryptocurrency
| Payment Group | Sell Cryptocurrency | Buy Cryptocurrency |
|---|---|---|
| Bank Transfers | 0.5% | no fee |
| Credit/Debit Cards | 1% | no fee |
| Digital Currencies | 1% | no fee |
| Online Wallets | 1% | no fee |
| Cash | 1% | no fee |
| Goods & Services | 1% | no fee |
| Gift Cards |
3% for all gift card types 5% iTunes and Google Play cards |
no fee |
Buying Cryptocurrency
- When purchasing cryptocurrency from another customer on Paxful, you are buying cryptocurrency at a rate set by the customers themselves. These rates vary based on numerous factors such as your verification status, payment method, currency pair (such as USD, EUR, CNY), and order size.
Selling Cryptocurrency
- This escrow amount is deducted from your Paxful wallet at the beginning of the trade. Upon successful completion of the trade, Paxful receives the escrow fee. If the trade is not completed, i.e cryptocurrency is released from escrow back to the cryptocurrency seller, Paxful takes no fee.
Sending and Receiving Bitcoin
| Wallet Type | Send Out | Incoming |
|---|---|---|
| External Wallet | $0 - $9.99 = 0.00008 BTC $10 - $19.99 = 0.00016 BTC $20+ = 0.0004 BTC |
no fee |
| Internal Wallet |
5 free internal send outs per month (between all cryptocurrencies) more than 5 per month—a fee of $1.00 or 1% of the amount being sent, whichever is greater. |
no fee |
- Paxful charges a wallet send out fee for every send out from a Paxful wallet to an external Bitcoin address (shown above).
- This fee covers the associated miner fee and maintenance of our secure wallet infrastructure.
- Sending Bitcoin to another Paxful customer is free of charge for the first 5 transactions sent per month. After that, a fee of $1.00 or 1% of the sending amount, whichever is greater, will be applied to each transaction sent to another Paxful customer. The fee will be charged in Bitcoin and calculated based on the market rate of Bitcoin at the time of the transaction. If you do not have Bitcoin equivalent to $1.00 you will not be able to send funds.
Note: An internal wallet send out fee of $1.00 or 1% has been established due to the high amount of off-escrow trades on our platform. Off-escrow trades are trades made without our consent as they happen out of our regular trade process. This fee is used to prevent certain users from abusing our Terms of Service.
Sending and Receiving Tether (USDT)
| Wallet Type | Send Out | Incoming |
|---|---|---|
| External Wallet |
dynamic Ethereum network fee + Paxful wallet fee Paxful wallet fee: $0 - $9.99 = 1 USDT
|
dynamic Ethereum network fee |
| Internal Wallet |
5 free internal send outs per month (between all cryptocurrencies) more than 5 per month—a fee of 1.00 USDT or 1% of the amount being sent, whichever is greater. |
no fee |
- There is a fee for receiving (depositing) USDT from an external address to your Paxful Tether wallet. This is the network fee. It consists of the deposit consolidation fee multiplied by the current Ethereum rate.
You can see a rough estimate of the fees in your Tether wallet after you click Receive. Once the deposit arrives, the actual fee is calculated and this could be different from the estimated amount you saw earlier. This difference is because the Ethereum price is constantly changing. - Paxful doesn't charge any deposit fee on top of the Ethereum network fee for incoming Tether transactions from external wallets.
- There is no fee for receiving (depositing) USDT to your Paxful Tether wallet if funds are being sent to you from another Paxful Tether wallet.
Sending and Receiving Ethereum (ETH)
| Wallet Type | Send Out | Incoming |
|---|---|---|
| External Wallet |
dynamic Ethereum network fee + Paxful wallet fee Paxful wallet fee: $0 - $9.99 = 0.002 ETH
|
no fee |
| Internal Wallet |
5 free internal send outs per month (between all cryptocurrencies) more than 5 per month—a fee of $1.00 (equivalent in ETH) or 1% of the amount being sent, whichever is greater. |
no fee |
Note: Not everyone has access to ETH yet, but we’re working on opening this up to everyone soon!
Converting Cryptocurrency
| Conversion Type | Fee |
|---|---|
| All cryptocurrency conversions | 0.5% |
Converting Tether (USDT)
Paxful Stablecoin
The quoted price you receive from the Stablecoin Counterparty is inclusive of all fees and charges. This quoted price may include additional fees charged by the Stablecoin Counterparty and/or third party fees necessary to facilitate this transaction. Please note that this is a separate fee from a third party and Paxful is not responsible for nor calculates such third party fee.