Sellers with the best rating and reputation. Youll be shown how much cryptocurrency youre selling and what youll receive in return, as well as the buyers and your own account details. If you click the. You can verify your email address and use that to login to the mobile app. You can ask a question and submit a ticket to us by clicking on the Support Chat icon located at the lower right portion of the page. Paxful understands that filing a dispute can be a frustrating experience, and we are continuously working towards solutions to make the Paxful trading experience safe and secure for all our users. Here's what you need to know to complete the process. If the seller does not confirm receiving the gold within this timeframe a dispute will start automatically and our moderators will step in for assistance. If you dont know to whom the address belongs to, you cant do anything else to retrieve the funds. Make sure your camera is working and placed correctly. , you are permanently restricted from buying and selling. A sellers reputation is displayed with a green thumb. Remember to only use gift cards you have bought yourself. Click Upload file.The Upload image page appears. If you have used an incorrect address, go to. Youll need to accept Paxfuls new terms for Bank Transfers to continue with an automated trade. The Kiosk link can be configured to open in a new tab or it can be configured to open inside an iframe. You can't live chat with a representative or call. Warning: Our Webhooks are supported by HTTPS address types only. How can I lift a restriction on my payment method? If the trade is not completed, the cryptocurrency is released from escrow back to the cryptocurrency sellerPaxful takes no fee. Once your client's bitcoin is sent to you, there is no chargeback risk to your business. 4. These users will need to take a live photo instead. Check your affiliate earnings from completed trades. button at the bottom of the left side menu. Note that cryptocurrency sellers may request additional verification and have other specific requirements for verifying proof of payment. Log In to Your Account | Paxful If youd like to use the old Bank Transfer process and set your own offer terms, choose Other Bank Transfer as your payment method. Open a web browser and launch the Paxful webpage: on the top right corner of the main page. You can also specify the amount you wish to sell and the currency you prefer. You now have successfully edited your offer! Tether (USDT) is a stablecoin that is worth, For the full breakdown of USDT fees, check on, Unfortunately, transactions on the blockchain cant be cancelled or reversed. Note:We recommend the Verify option as the call option is not supported in all countries. It means that a buyer of cryptocurrency is sure that he has made the payment and has actually clicked the Paid button. 2. Whether you choose the gold to be sent to you by mail or delivered in person, you still must ensure minimal risk. The buyer sees offer terms before he starts the trade. Paxful is a peer-to-peer cryptocurrency marketplace where people can meet and safely trade crypto using over 300 payment methods. The first step to selling cryptocurrency with cash is to look for an offer that. Provide as much evidence as you can, such as: Proof of payment (transaction receipt, a screenshot of payment, video proof). Note: Calculation of 21 days starts from the moment the trade is marked as Paid. 4. Be sure to click the button only once youve paid to prevent complications. Some conversions will go through after a few seconds so hang tight! As per our Terms of Service, we remind you that Paxful is not a licensed gift card vendor nor an authorized dealer of any gift card issuer - and brokering or reselling gift cards is strictly prohibited on our platform. If you already have a Paxful account and want to buy Bitcoin from the Paxful Bitcoin Kiosk, here's how to complete a transaction: For users who don't have a Paxful account yet, here's a step-by-step guide on how to buy Bitcoin using the Paxful Bitcoin Kiosk. Our team will investigate and take necessary action, if needed, to help make sure that this doesnt happen again in the future. (Remember that Paxful advertises p2p service as instant.). Open the trade in the list of your past trades: Dashboard > View past trades. 9. Once you deposit your funds, youll see the message below, and your funds will eventually be reflected in the left side menu. Paste the invoice you received or scan the QR code. See our step-by-step guide on how to sell cryptocurrency and our rules for selling cryptocurrency. in place where the crypto being traded is safely held until the trade is complete. Select the bank account(s) that youd like to use for this offer and enter your banks name(s). To verify your facial identity. In case of success, a list of events available for subscription appears below. Note:Some payment methods on our platform have automated trade flow. What should interest you the most is how much you get on dollar. The tracking number issued by the parcel service (in case the gold is being shipped to them directly). Follow the instructions by moving your face closer to the camera. This means that after youve received payment for your crypto your trade partner can request their funds back, if the third-party payment service allows it. Personalize your Paxful wallet profile so people you transact with know its you. Note that if there is a, If you are no longer interested in the trade and have not yet paid the seller, feel free to cancel the trade. Here, Paxful users share tips, discuss happenings in the Bitcoin community, and get the latest information on all things Paxful. We changed the name of Pay With Paxful to Paxful Pay, please update the button you have on your website if yours is outdated. If you were buying cryptocurrency on Paxful and you think you were scammed by your trade partner, heres what you can do. If you do not confirm receiving goods within this timeframe a, Once youve received the gold, you can release the cryptocurrency from the trade escrow. If youre the seller in this case, then your cryptocurrency is safely returned back to your wallet. This article will give you an overview of the dispute resolution process. I Sent Funds to the Wrong Address. One of the best things about Paxful is that it allows users to pay for their crypto purchases using their choice of more than 350+ payment methods. Photo of the actual gold item you are offering. Offensive language and disrespectful tone are not allowed on our platform. Talk to your trade partner in the trade chat. Please be patient because this may take some time. There are two different levels: Power Trader and Expert Trader. In the confirmation dialogue box, click Okay. For more information on wallet restrictions and how to trade cryptocurrency using your Paxful Wallet, visit our Help Center. Dispute investigation is a complicated process and may take time (up to three weeks). Your dashboard is the hub to track all your activities on Paxful and allows you to access all the information you need. You can add a QR code to your Paxful account to help make your online wallet trades easier and faster. You will be able to specify a starting currency. For your Sell Offers, click on Offers to Sell. The Self Declaration dialog box appears.3. Warning: If your country is in the OFAC grey list, selling cryptocurrency requires you to verify your ID. Youll also need to enter the amount of gold you wish to sell and the currency you prefer. At Paxful, we try to be as fair and as helpful as possible, and during the process, we recommend that users be forthcoming with information in order to quickly and correctly resolve the dispute. If our system detects that your offer has a very low chance of success (e.g. One of the reasons why your trade may not be completed at a fast rate is that the blockchain is taking time to confirm your trade. Once youve filled that out, click Submit. Gold is one of the most valuable commodities whose value increased over time. Paxful Reviews - 31 Reviews of Paxful.com | Sitejabber 1. Sample information that you can provide in the message are: Screenshot or video recording of your claims, If you come across an offer thats suspicious or in clear violation of our. Here are common questions about the conversion. If the photo is not legible or if you are not satisfied with it, click Retake and try again. Paxful review 2023 | Finder.com Well automatically share the buyer and sellers account details with each other instead. Youll also need to enter the amount you wish to sell and the currency you prefer. Read more here: Why did I lose a gift card dispute? a seller of cryptocurrency has released funds from the trade escrow to the buyers wallet. The Lightning Network is a system built on top of Bitcoin and it allows users to transfer BTC in a matter of seconds with low fees. Here is a short video that walks you through the verification process: 1. Please contact our support team so we can help get this payment method reinstated for you. This is a common case of, One solution to figuring out why you may be having issues on Paxful is to check our, One of the reasons why your trade may not be completed at a fast rate is that the blockchain is taking time to confirm your trade. and we are continuously working towards solutions to make the trading experience safe and secure for all our users. For more information on gift card disputes, take a look at this article. Brokering gift card codes is strictly prohibited on Paxful. Please open the app in the. Creating an Account on Paxful - Paxful Help Center At this time, the trade is now completed successfully. To secure your account, we highly recommend setting your 2FA up with Google Authenticator (GA) or Authy. P2PKH addresses which begin with the number 1. Whats more? This will show you a brief summary of what the buyer requires from you regarding the payment. Also, consider using a bank that can easily provide proof of payment, with all of the details visible on one page or, The first step to selling cryptocurrency via Bank Transfer is to look for an offer that accepts. Note: You can add as many stores as you want to Paxful Pay PoS. We also have an. Furthermore, it helps companies, like Paxful, better detect money laundering and terrorist financing. Not all payment methods and regions are available with this feature right now. Our moderators will definitely look into your case as soon as possible and reach out to you. See what our users have to say about us through our. Be clear about what proof of payment you expect from your trade partner, for example, screenshots of an in-game transaction. with the wallet youd like to receive the payment from, or scan the QR code. Do not use any profanity, hate speech, and other offensive or vulgar messaging in your offer. Make sure your camera is working and placed correctly. This quoted price may include additional fees charged by the Stablecoin Counterparty and/or third-party fees necessary to facilitate this transaction. 1. Making a chargeback or reversing the payment after it has been processed. Keep in mind that our interest rates may change from week to week. Buying and selling USDC works the same as buying and selling Bitcoin on the marketplace. You will then be prompted to type in the custom provider name. Choose the cryptocurrency youd like to buy, then ensure Buy Bitcoin/Tether/Ethereum is selected. Note: If youd prefer to stick with the old Bank Transfer process, choose Other Bank Transfer as your payment method. As a part of the process, your users will need to register as Paxful users, but you as a merchant can make the process smoother by providing the user email together with the generated URL so it would be pre-filled for users. Paxful Review: Pros, Cons, and More | The Motley Fool From there, you'll need to verify your phone or email address (whichever one you chose to create your account with). Ready to have financial freedom? Some of our most popular payment types include: Paxful has zero fees when you buy or receive crypto. The offer page always includes the rate of each seller. Thats it! When a trade is funded, but a buyer failed to mark a trade as. Anyone who purchases cryptocurrency from a buyer located in India will be required to pay a 1% tax on the sale, regardless of where the buyer is located. Make sure to read Paxfuls new Offer Terms carefully, then select whether youd like your trade partner to be verified, the visibility of your offer and you can enter a reason for the Bank Transfer (optional). All Paxful trades flow in a similar way. Click Registeron the top right corner of the main page. The integration adds a. that allows buyers to pay with payment methods such as gift cards, online wallets, etc. 3. You can also create your own USDC offersjust make sure youre ID verified! We do not accept black and white images. The required details for proof of payment on Paxful are: The first step to selling cryptocurrency via Bank Transfer is to look for an offer that accepts Bank Transfers as payment. Weve also introduced new Offer Terms for Bank Transfer trades, which have been set by Paxful. They go to the blockchain networks to make sure your funds are safe. Even if you don't select a currency, it will be auto-selected based on a visitors location with 99% accuracy. If you still dont have an answer after following the above steps, we recommend that you reach out to support. The gathered information is then communicated back and forth between the VASPs. As a buyer, you could lose your dispute due to any of the following reasons: Warning:Some of these reasons could lead to you being permanently banned from our platform. In the confirmation dialogue box, click, You can also report a chargeback through the, The transaction indicating the date and amount received, The transaction indicating the date and payment reversal, Office of Foreign Assets Control ("OFAC") sanctions, Selling Cryptocurrency with Bank Transfers, Selling Cryptocurrency with Cash Payments. Coin locking or holding a sellers cryptocurrency in escrow without the intention to make the payment and complete the trade. Here's how you can verify your email address. Trusting users youve had a good trade experience with, is a good way to stay connected with them. Another important aspect to consider is your ID and address verification. Heres everything you need to know about trading with gold. If youre on a personal network, like at your home, run an antivirus scan on your device to make sure its not infected. This must be frankly stated in your offer terms and trade instructions. If you can provide all the requirements, then make sure you have everything ready before you start the trade. This address never expires, so just copy it and use it to receive Bitcoin from other wallets or Bitcoin ATMs. Pay attention to the percentage of negative feedback in relation to the negative and positive ones. Once you meet the requirements we'll send a notification to your Paxful account letting you know! 2. 5. In case if we do not receive a response from your app, the URL will not be saved, and a Webhook will not be created. Supporting the trade of gift cards for a cryptocurrency is complicated. Anyone who is sending out 1,000 or more USD in cryptocurrency on Paxful to another platform will need to abide by the new travel rule and provide the appropriate information. Both sellers and buyers can report a problem with a trade, regardless of whether the trade is successful or not. Even if you checked the code when you bought it, the person who sold you the code can use it anytime without your knowledge, and this is why it is against the Paxful. You can also see if the Paxful team anticipates any delays. However, Make sure youve investigated the issue with your bank or wallet service provider. Featured offers are offers selected by our team that will be featured on the "buy" and "sell" sections in the Paxful marketplace. Buying limits is the offered amount neither too low nor too high? If you face any serious issue with your trade partner, do invite our moderators by starting a dispute. When all toggles are blue, youre done! Check out our community guidelines below. Connect with other Pax Citizens to buy and sell Bitcoin (BTC), Tether (USDT), and USD Coin (USDC). Gold is one of the oldest known valuables in the world, and one that has consistently increased in value over time, despite the changes in the economy. Once youve received the item and the buyer has marked the trade as Paid, you can release the cryptocurrency from the trade escrow. Find out what evidence you should provide during a trade dispute whether its via gift card, bank transfer, credit card, or other payment methods. I've completed the required amount of trades. Safely store your hard-earned crypto and check your balance in real-time. The user did not submit the trade/hash ID of the transaction, Buyer or Seller did not submit a PDF of their bank/online account statement that shows the transaction, The user provided insufficient, false, or edited evidence. Can I Withdraw Bitcoin from Paxful Wallet to My External Wallet? Thank you for your patience! The seller of cryptocurrency pays the escrow fee only after the trade is successfully completed. Asking someone to take only $33 only out of your $50). Click the Paid button only when you have actually paid. The buyer pays the order using their Lightning BTC wallet. Click a time box and select a time from the drop-down list that appears. Theres no type that matches your problem. Report a scamIf youre selling cryptocurrency and think that the buyer has sold you an invalid gift card, report it right away.
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