General
-
Getting Started With Paxful
Paxful is a leading peer-to-peer marketplace where users can buy, sell, and store various cryptocurrencies. Ready to start building your financial future? Let’s get you started with a Paxful account.
1. Start at the Paxful Account Registration Page
If you’re starting from the Paxful Home Page, click on
At this point, you will receive a free cryptocurrency wallet. This digital wallet is where you will store all your hard-earned cryptocurrency. To learn more about the functions of this wallet and any restrictions, visit our Help Center’s section on Paxful Wallets.
2. Verify your Account
Check your email after you register to verify your account. You will receive a verification code that you’ll need input on the site.
There are several levels of verification that you can complete on your own time. These verification levels allow for different trading opportunities within the marketplace, and the verification process helps the security of the platform.
Pro-Tip
Take some time after you verify your account to familiarize yourself with the marketplace. You can take a tour of our platform by hitting
That’s it! It’s time to get trading 🤟
-
What is Paxful?
Paxful is a leading peer-to-peer finance platform for trading cryptocurrency.
In 2014, Ray Youssef and Artur Schaback founded EasyBitz which was then renamed to Paxful, which gets its name from the Latin word for "peace". They had one goal in mind when they created it: to make Bitcoin easier for everyone from businesses to merchants.
A lot of big problems in the world revolve around money, specifically earning it and transporting it. Sending money around the world is not fast or cheap in any way, but Paxful changed that.
Paxful is the leading peer-to-peer cryptocurrency marketplace where buyers and sellers are connected for business. Having over 300 payment methods available on Paxful makes it incredibly easy to find suitable offers. We give the users complete control over their money. Along with our escrow system and our dedicated 24/7 customer support, Paxful is also extremely secure if you know how to minimize the risk and know how to secure your account. Upon sign up, Paxful users are given a FREE Bitcoin wallet.
The peer-to-peer system of Paxful removes borders and limits. You can think of your Paxful account as your very own financial passport. With it, you can send money and buy things from halfway around the world. Build a business with our Bitcoin affiliate program.
Our community has over 4.8 million users and it continues to grow. These users can make trading on Paxful extremely easy and hassle-free.
That is Paxful. Money Your Way!
Create your very own Paxful account today!
-
Payment methods
There are over 300 ways to buy and sell cryptocurrency on Paxful.
Here are some of our more popular payment options:
- Buy cryptocurrency with Bank Transfer, Cash
- Buy cryptocurrency with Online Wallets like PayPal, Skrill, Neteller
- Buy cryptocurrency with iTunes gift cards
- Buy cryptocurrency with Amazon gift cards
- Buy cryptocurrency doing local trades for Cash In-Person
- Buy cryptocurrency with altcoins like Ethereum, Litecoin, and so on.
By clicking here, you can search for the ways you want to pay. All you have to do is input the amount of cryptocurrency you want to buy, the currency and the payment method you’ll be using. If you can’t find the payment method you’re looking for, you can always suggest one! It’s as simple as looking for a link that says “Your payment method doesn’t exist? Click here to suggest a new one”.
The ways in which you can buy cryptocurrency are called “payment methods”.
Each way you can buy cryptocurrency is called a “payment method”. You can find a list of all available payment methods here. This list is always growing as Paxful traders in the market are creating new payment methods all the time. Each payment method has its own specifics and risk levels that you need to familiarize with before starting a trade. The peer-to-peer system that Paxful has, encourages this as it makes it easier to buy cryptocurrency.
-
Terms of Service and user agreement
View the latest Terms of Service and user agreement here
-
Paxful Fees
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 BTCno fee Internal Wallet Up to 1,000 USD per month for free (between all cryptocurrencies)
After 1,000 USD is reached, a fee of 1 USD or 1% of the amount being sent, whichever is greater, is applied
no fee 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
$10 - $19.99 = 2 USDT
$20+ = 5 USDTdynamic Ethereum network fee Internal Wallet Up to 1,000 USD per month for free (between all cryptocurrencies)
After 1,000 USD is reached, a fee of 1 USD or 1% of the amount being sent, whichever is greater, is applied
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
$10 - $19.99 = 0.005 ETH
$20+ = 0.01 ETHno fee Internal Wallet Up to 1,000 USD per month for free (between all cryptocurrencies)
After 1,000 USD is reached, a fee of 1 USD or 1% of the amount being sent, whichever is greater, is applied
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.
-
Is Paxful Legit and Safe?
We’ve taken a lot of security measures to make sure our users are safe in the marketplace.
We have a strict verification process that helps ensure we know our customers, an army of dispute and fraud prevention analysts to help make sure trades run smoothly and to keep bad actors away from the marketplace. We also have an escrow feature in place where the crypto being traded is safely held until the trade is complete. This safeguards your money and helps make sure the crypto goes to the right party in case of disputes.
We use BitGo as our wallet service provider, which is one of the most secure and high-tech services on the market. Additionally, we provide you with all means to protect your funds within your Paxful account, like setting up two-factor authentication when you log into your account and send crypto out of your Paxful wallet.
To top it all off, we have some of the best cybersecurity professionals on our team that work around the clock to make sure our users and platform are safe from harm and hackers.
If you’re looking for more information on your safety in the marketplace, check out these articles:
Is Paxful trustworthy?
Paxful has an AML policy, we comply with Office of Foreign Assets Control ("OFAC") sanctions, we’re a regulated financial entity, and we’re trusted by over 5 million users. See what our users have to say about us through our reviews!