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Paxful: Redefining the Way to Sell and Buy Bitcoin

Paxful is a peer-to-peer platform connecting the buyers and sellers who want to invest and trade in Bitcoin. It has redefined the convenience of buying and selling cryptocurrency and has evolved as one of the credible platforms for managing your digital wallets. The company was founded in 2015, and since then, it has made giant strides in winning customer confidence owing to its impeccable service and transparent dealings.

Wide choices and options

One can easily estimate the horizon of operations of Paxful from the fact that there are over 300 ways through which you can either buy or sell Bitcoin on Paxful. Some of the popular methods include:

  1. Buying Bitcoin through cash deposit or bank transfer
  2. Purchasing Bitcoin using online payment services like PayPal, Neteller, and Skrill
  3. Purchasing Bitcoin using iTunes gift card
  4. Amazon gift card can also be used in order to purchase Bitcoin
  5. One can also buy Bitcoin directly by paying in cash in a local trade deal
  6. Bitcoin can also be purchased using the other altcoins like Ethereum, Litecoin, and Ripple

Choose for yourself

In addition to the methods mentioned above, Paxful offers a host of other mechanisms through which you can buy Bitcoin. You can visit the website and search for the option that you want to use in order to buy Bitcoin. You will be required to fill in three important components before the transaction takes place: 1) the number of Bitcoins you want to purchase, 2) the currency you will be using to purchase Bitcoin, 3) and the payment method that you have chosen to buy Bitcoin.

There might be the case that you don’t find your preferred payment method, and in such a scenario, you can go ahead and suggest Paxful about your preferred method of payment. This will help Paxful to consider including your preferred method in the list of options the website provides to customers for buying and selling Bitcoin. The list of payment methods offered by Paxful is growing continuously as the company keeps on including different methods depending upon the need and demand of the customers. However, it should be noted that each payment method comes with its own level of risk, which you should be familiar with before starting a trade. Paxful encourages you to have full information about the payment method and assess various risks and rewards associated with the method before taking a plunge.

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Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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