Currencies: 186 (152 fiat & 34 crypto) Countries: 255 PSs & Banks: 320 Exchanges: 307 Offers:
BTC/USD:

Paxful review & testimonials (updated 11.2019)

Paxful user interface: the home page in English

What is Paxful in a nutshell? It's recently added to our monitoring, promising exchange service (p2p marketplace) supporting 1 cryptocurrency: you can buy and sell coins using 48 fiat currencies (27 banks & payment systems are supported). Exchange service started the business May 2019, it serves the clients for a few months.

This P2P Marketplace welcomes customers from 255 countries (including your country: United States!). It serves the US and allows registrations from all the 56 states and territories. Unfortunately we couldn't yet collect enough data about the order processing speed from the customers of Paxful, although according to information we got, the order processing is not fully automated so delays with the funds delivery may happen. Depending on the order details, you may need to verify your account to exchange crypto on this P2P Marketplace.

Since this May, Paxful is working hard to get great testimonials from the users. Although, since this P2P Marketplace was recently added to our price comparison platform, we have no user reviews yet. Maybe you can help? If you have any experience dealing with Paxful, can you please leave your testimonial? It will surely be a great help for us and all the community, thanks!

Based on all these facts, our verdict is the following: Paxful is a promising, although not yet reviewed much by our visitors place to buy and sell Bitcoins, an interesting exchange that we believe will get some nice feedback soon!

Overview: is Paxful safe?

Paxful is the P2P Marketplace; exchange started the business May 2019. Unfortunately, there is not much information available about the company doing business as Paxful, etc.

Answering the question how safe is Paxful:

We are sorry, our platform has't yet collected enough data, but you can help! We know fairly much about this P2P Marketplace (please continue reading), but our policies require to collect more testimonials from the users of Paxful to draw a conclusion. Do you have any experience dealing with this service? Please add your feedback, this will be a great help! Or maybe you know someone who does? Kindly ask him/her to tell us about it here! We really appreciate your participation.
Time in the business: 6 months
Business model: no special licenses, etc.

Overall rating for Paxful: N/A

Pros & Cons of Paxful

Although Paxful is not yet rated by our visitors, there probably are many downsides that people don't like, but there also should be strong sides. Who knows, maybe for you, our dear visitor, these are most important and you'd consider this exchange as one of the best ones. Let's check it out:

  • Only 1 digital currencies and 48 fiat ones are supported. Although, a lot of payment systems & banks, totally 27 are supported, both international and national ones: Visa & Mastercard, Paypal, Other Banks, etc.
  • Almost all the countries in the world are welcomed here! Feel free to check if your country is allowed to register an account.
  • Built-in escrow makes the process almost perfectly safe, especially when you are buying crypto.
  • Paxful started the business relatively recently, it works just 6 months
  • The quality of service, speed, etc. varies from seller to seller; the platform itself has almost zero impact on these.

Seems that there are not so many cons, but a lot of pros. We hope you will enjoy your experience exchanging at Paxful! Try Paxful today and let us know how you like it!

Services, Paxful Provides

The platform provides the following cryptocurrency exchange-related services:

  • Allows the customers to buy cryptocurrencies with fiat currencies
  • Provides the clients with ways to "cash out" the crypto to fiat currency

As we can see, Paxful doesn't provide any services besides the cryptocurrency exchange, althought it's definitely not a bad thing; after all, we came here for the crypto exchange, right?

Currencies & Payment Systems

Paxful provides the service of buying and selling 1 digital currencies using fiat currencies. The following cryptocurrencies are available to buy/sell: Bitcoin (BTC).

If you are not sure, which one of these electronic currencies you are most interested in, you are welcome to read our guides. For example, these: Most popular cryptocurrencies 2019 to invest.

48 fiat currencies are supported to provide crypto purchase and selling: United Arab Emirates Dirham (AED), Australian Dollar (AUD), Bulgarian Lev (BGN), Bahraini Dinar (BHD), Brazilian Real (BRL), Canadian Dollar (CAD), Swiss Franc (CHF), Chilean Peso (CLP), Chinese Yuan (CNY), Colombian Peso (COP), Czech Republic Koruna (CZK), Danish Krone (DKK), Euro (EUR), Pound Sterling (GBP), Hong Kong Dollar (HKD), Croatian Kuna (HRK), Indian Rupee (INR), Japanese Yen (JPY), Kenyan Shilling (KES), South Korean Won (KRW), Kuwaiti Dinar (KWD), Sri Lankan Rupee (LKR), Mexican Peso (MXN), Malaysian Ringgit (MYR), Namibian Dollar (NAD), Nigerian Naira (NGN), Norwegian Krone (NOK), New Zealand Dollar (NZD), Omani Rial (OMR), Peruvian Nuevo Sol (PEN), Philippine Peso (PHP), Polish Zloty (PLN), Qatari Rial (QAR), Romanian Leu (RON), Russian Ruble (RUB), Saudi Riyal (SAR), Swedish Krona (SEK), Singapore Dollar (SGD), Swazi Lilangeni (SZL), Thai Baht (THB), Turkish Lira (TRY), Tanzanian Shilling (TZS), Ugandan Shilling (UGX), US Dollar (USD), Venezuelan Bolívar (VES), Vietnamese Dong (VND), Central African CFA Franc (XAF), South African Rand (ZAR). The P2P Marketplace will let you buy and sell Bitcoins using the following payment systems:

  • Visa & Mastercard. An international payment system (available worldwide) allowing credit/debit cards payments in various currencies. CHF, RUB, CAD, SAR, SEK, QAR, AED, USD, AUD, KWD, EUR, BHD, GBP and OMR payments are available for both buying and selling cryptocurrencies at this exchange. Visa & Mastercard is a popular way to buy BTC and other cryptocurrencies available at 98 exchanges of various types. You are welcome to find the best rate for buying bitcoin with visa & mastercard at our home page!
  • Paypal. An international payment system (it's available in 232 countries) allowing e-wallet payments in various currencies. KES, AUD, INR, GBP, CHF, RUB, CAD, LKR, EUR, NZD and USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • Other Banks. A local bank (available worldwide) in various currencies. KES, HKD, NAD, CNY, INR, MXN, RUB, CAD, NGN, LKR, KWD, EUR, ZAR, COP, MYR, VES, QAR, GBP, AED, SZL and USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • Western Union. An international payment system (available worldwide) allowing money orders payments in various currencies. THB, HKD, XAF, JPY, AUD, GBP, HUF, TND, RUB, CAD, NGN, AED, CLP, LKR, EUR, NZD and USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • M-PESA. An international payment system (you may use from None, Tanzania, Kenya) allowing mobile payments payments in various currencies. USD, UGX, TZS, KES and EUR payments are available for both buying and selling cryptocurrencies at this exchange.
  • Amazon. An international payment system (it's available in 11 countries) allowing gift cards payments in various currencies. CAD, EUR, GBP, JPY and USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • Skrill. An international payment system (available worldwide) allowing e-wallet payments in various currencies. EUR, NZD, USD, AUD, PLN, INR, GBP, CHF, RUB, RON, CAD and AED payments are available for both buying and selling cryptocurrencies at this exchange.
  • MoneyGram. An international payment system (available worldwide) allowing money orders payments in various currencies. USD, AUD, PHP, GBP, KES, CAD and EUR payments are available for both buying and selling cryptocurrencies at this exchange.
  • NETELLER. An international payment system (it's available in 202 countries) allowing e-wallet payments in various currencies. TRY, MYR, NOK, JPY, HRK, AUD, BDT, INR, GBP, CHF, MAD, MXN, CAD, NGN, KRW, AED, BGN, EUR, NZD, USD and PHP payments are available for both buying and selling cryptocurrencies at this exchange.
  • iTunes. An international payment system (available worldwide) allowing gift cards payments in various currencies. AED, AUD, BRL, CNY, DKK, EUR, HKD, MXN, NOK, SAR, SGD, USD and ZAR payments are available for both buying and selling cryptocurrencies at this exchange.
  • eBay. A local payment system (serving None) allowing gift cards payments in Australian Dollar currency. AUD, USD and VND payments are available for both buying and selling cryptocurrencies at this exchange.
  • Google Play. An international payment system (it's available in 34 countries) allowing gift cards payments in various currencies. AUD, CAD, CHF, EUR, GBP, JPY, PHP and USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • Steam. An international payment system (available worldwide) allowing gift cards payments in various currencies. AUD, CAD, CHF, EUR, GBP, INR, NZD and USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • Starbucks. An international payment system (it's available in 6 countries) allowing gift cards payments in various currencies. Just the USD payments are available for selling cryptocurrency to fiat solely; at the time you can't buy crypto using this payment method here.
  • PlayStation Network / Store. An international payment system (available worldwide) allowing gift cards payments in various currencies. AED, AUD, BRL, CAD, EUR, GBP, MXN, NZD, SAR and USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • Cash in Person. An international payment system (available worldwide) allowing cash payments payments in various currencies. CAD, EUR, GBP, HKD, INR, KRW, NGN, PHP, RUB, THB, USD and VND payments are available for both buying and selling cryptocurrencies at this exchange.
  • Xbox. An international payment system (available worldwide) allowing gift cards payments in various currencies. AUD, CAD, EUR, GBP and USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • Alipay. A local payment system (serving China) allowing e-wallet payments in Chinese Yuan currency. Just the CNY payments are available for purchasing cryptos at the exchange.
  • Cash by Mail. An international payment system (available worldwide) allowing cash payments payments in various currencies. CAD, EUR, GBP and USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • Nordstrom. An international payment system (you may use from Canada, United States) allowing gift cards payments in various currencies. Just the USD payments are available for selling cryptocurrency to fiat solely; at the time you can't buy crypto using this payment method here.
  • Walmart. An international payment system (you may use from United States, Australia) allowing gift cards payments in various currencies. Just the USD payments are available for selling cryptocurrency to fiat solely; at the time you can't buy crypto using this payment method here.
  • Apple Store. An international payment system (it's available in 18 countries) allowing gift cards payments in various currencies. Just the USD payments are available for selling cryptocurrency to fiat solely; at the time you can't buy crypto using this payment method here.
  • Best Buy. An international payment system (you may use from Mexico, Canada, United States) allowing gift cards payments in various currencies. Just the USD payments are available for selling cryptocurrency to fiat solely; at the time you can't buy crypto using this payment method here.
  • Sephora. An international payment system (you may use from None, Canada, United States) allowing gift cards payments in various currencies. AUD, CAD and USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • Vanilla / OneVanilla. A local payment system (serving United States) allowing prepaid cards payments in US Dollar currency. Just the USD payments are available for selling cryptocurrency to fiat solely; at the time you can't buy crypto using this payment method here.
  • Paysafecard. An international payment system (it's available in 43 countries) allowing prepaid cards payments in various currencies. AUD, BGN, CAD, CHF, CZK, DKK, EUR, GBP, HRK, MXN, NOK, NZD, PEN, PLN, RON and SEK payments are available for both buying and selling cryptocurrencies at this exchange.
  • BanColombia. A local bank (serving Colombia) in Colombian Peso currency. Just the COP payments are available for purchasing cryptos at the exchange.

Paxful fees

Since Paxful is a P2P marketplace, every seller is free to set the fee he wishes. So the fee depends on the offer and can be virtually any amount, although most of the dealers charge very reasonable fees. It's a market, after all! Feel free to browse the offers to check the fees for your country, preferred currency and bank or payment system!

Buying and selling limits

This P2P Marketplace has the following limits, applicable when you buy or sell cryptocurrencies:

The business model of P2P market is based on fact that every seller has his own terms of the trade. Hence we can't provide you with min/max amounts Paxful allows to buy and sell, it really varies from dealer to dealer. Please check it by yourself!

Supported countries

Platform allows the users from 255 countries to use the exchange. The following countries are supported by the p2p marketplace:

  • Afghanistan (AF)
  • Aland Islands (AX)
  • Albania (AL)
  • Algeria (DZ)
  • American Samoa (AS)
  • Andorra (AD)
  • Angola (AO)
  • Anguilla (AI)
  • Antarctica (AQ)
  • Antigua & Barbuda (AG)
  • Argentina (AR)
  • Armenia (AM)
  • Aruba (AW)
  • Ascension Island (AC)
  • Australia (AU)
  • Austria (AT)
  • Azerbaijan (AZ)
  • Bahamas (BS)
  • Bahrain (BH)
  • Bangladesh (BD)
  • Barbados (BB)
  • Belarus (BY)
  • Belgium (BE)
  • Belize (BZ)
  • Benin (BJ)
  • Bermuda (BM)
  • Bhutan (BT)
  • Bolivia (BO)
  • Bosnia & Herzegovina (BA)
  • Botswana (BW)
  • Bouvet Island (BV)
  • Brazil (BR)
  • British Indian Ocean Territory (IO)
  • British Virgin Islands (VG)
  • Brunei (BN)
  • Bulgaria (BG)
  • Burkina Faso (BF)
  • Burundi (BI)
  • Cambodia (KH)
  • Cameroon (CM)
  • Canada (CA)
  • Canary Islands (IC)
  • Cape Verde (CV)
  • Caribbean Netherlands (BQ)
  • Cayman Islands (KY)
  • Central African Republic (CF)
  • Ceuta & Melilla (EA)
  • Chad (TD)
  • Chile (CL)
  • China (CN)
  • Christmas Island (CX)
  • Cocos (Keeling) Islands (CC)
  • Colombia (CO)
  • Comoros (KM)
  • Congo - Brazzaville (CG)
  • Congo - Kinshasa (CD)
  • Cook Islands (CK)
  • Costa Rica (CR)
  • Croatia (HR)
  • Cuba (CU)
  • Curaçao (CW)
  • Cyprus (CY)
  • Czech Republic (CZ)
  • Côte d’Ivoire (CI)
  • Denmark (DK)
  • Diego Garcia (DG)
  • Djibouti (DJ)
  • Dominica (DM)
  • Dominican Republic (DO)
  • Ecuador (EC)
  • Egypt (EG)
  • El Salvador (SV)
  • Equatorial Guinea (GQ)
  • Eritrea (ER)
  • Estonia (EE)
  • Ethiopia (ET)
  • Falkland Islands (FK)
  • Faroe Islands (FO)
  • Fiji (FJ)
  • Finland (FI)
  • France (FR)
  • French Guiana (GF)
  • French Polynesia (PF)
  • French Southern Territories (TF)
  • Gabon (GA)
  • Gambia (GM)
  • Georgia (GE)
  • Germany (DE)
  • Ghana (GH)
  • Gibraltar (GI)
  • Greece (GR)
  • Greenland (GL)
  • Grenada (GD)
  • Guadeloupe (GP)
  • Guam (GU)
  • Guatemala (GT)
  • Guernsey (GG)
  • Guinea (GN)
  • Guinea-Bissau (GW)
  • Guyana (GY)
  • Haiti (HT)
  • Heard Island and McDonald Islands (HM)
  • Honduras (HN)
  • Hong Kong SAR China (HK)
  • Hungary (HU)
  • Iceland (IS)
  • India (IN)
  • Indonesia (ID)
  • Iran (IR)
  • Iraq (IQ)
  • Ireland (IE)
  • Isle of Man (IM)
  • Israel (IL)
  • Italy (IT)
  • Jamaica (JM)
  • Japan (JP)
  • Jersey (JE)
  • Jordan (JO)
  • Kazakhstan (KZ)
  • Kenya (KE)
  • Kiribati (KI)
  • Kosovo (XK)
  • Kuwait (KW)
  • Kyrgyzstan (KG)
  • Laos (LA)
  • Latvia (LV)
  • Lebanon (LB)
  • Lesotho (LS)
  • Liberia (LR)
  • Libya (LY)
  • Liechtenstein (LI)
  • Lithuania (LT)
  • Luxembourg (LU)
  • Macau SAR China (MO)
  • Macedonia (MK)
  • Madagascar (MG)
  • Malawi (MW)
  • Malaysia (MY)
  • Maldives (MV)
  • Mali (ML)
  • Malta (MT)
  • Marshall Islands (MH)
  • Martinique (MQ)
  • Mauritania (MR)
  • Mauritius (MU)
  • Mayotte (YT)
  • Mexico (MX)
  • Micronesia (FM)
  • Moldova (MD)
  • Monaco (MC)
  • Mongolia (MN)
  • Montenegro (ME)
  • Montserrat (MS)
  • Morocco (MA)
  • Mozambique (MZ)
  • Myanmar (Burma) (MM)
  • Namibia (NA)
  • Nauru (NR)
  • Nepal (NP)
  • Netherlands (NL)
  • New Caledonia (NC)
  • New Zealand (NZ)
  • Nicaragua (NI)
  • Niger (NE)
  • Nigeria (NG)
  • Niue (NU)
  • Norfolk Island (NF)
  • North Korea (KP)
  • Northern Mariana Islands (MP)
  • Norway (NO)
  • Oman (OM)
  • Pakistan (PK)
  • Palau (PW)
  • Palestinian Territories (PS)
  • Panama (PA)
  • Papua New Guinea (PG)
  • Paraguay (PY)
  • Peru (PE)
  • Philippines (PH)
  • Pitcairn Islands (PN)
  • Poland (PL)
  • Portugal (PT)
  • Puerto Rico (PR)
  • Qatar (QA)
  • Romania (RO)
  • Russia (RU)
  • Rwanda (RW)
  • Réunion (RE)
  • Samoa (WS)
  • San Marino (SM)
  • Saudi Arabia (SA)
  • Senegal (SN)
  • Serbia (RS)
  • Seychelles (SC)
  • Sierra Leone (SL)
  • Singapore (SG)
  • Sint Maarten (SX)
  • Slovakia (SK)
  • Slovenia (SI)
  • Solomon Islands (SB)
  • Somalia (SO)
  • South Africa (ZA)
  • South Georgia & South Sandwich Islands (GS)
  • South Korea (KR)
  • South Sudan (SS)
  • Spain (ES)
  • Sri Lanka (LK)
  • St. Barthélemy (BL)
  • St. Helena (SH)
  • St. Kitts & Nevis (KN)
  • St. Lucia (LC)
  • St. Martin (MF)
  • St. Pierre & Miquelon (PM)
  • St. Vincent & Grenadines (VC)
  • Sudan (SD)
  • Suriname (SR)
  • Svalbard & Jan Mayen (SJ)
  • Swaziland (SZ)
  • Sweden (SE)
  • Switzerland (CH)
  • Syria (SY)
  • São Tomé & Príncipe (ST)
  • Taiwan (TW)
  • Tajikistan (TJ)
  • Tanzania (TZ)
  • Thailand (TH)
  • Timor-Leste (TL)
  • Togo (TG)
  • Tokelau (TK)
  • Tonga (TO)
  • Trinidad & Tobago (TT)
  • Tristan da Cunha (TA)
  • Tunisia (TN)
  • Turkey (TR)
  • Turkmenistan (TM)
  • Turks & Caicos Islands (TC)
  • Tuvalu (TV)
  • U.S. Outlying Islands (UM)
  • U.S. Virgin Islands (VI)
  • Uganda (UG)
  • Ukraine (UA)
  • United Arab Emirates (AE)
  • United Kingdom (GB)
  • United States (US)
  • Uruguay (UY)
  • Uzbekistan (UZ)
  • Vanuatu (VU)
  • Vatican City (VA)
  • Venezuela (VE)
  • Vietnam (VN)
  • Wallis & Futuna (WF)
  • Western Sahara (EH)
  • Yemen (YE)
  • Zambia (ZM)
  • Zimbabwe (ZW)

Does Paxful allow the users from United States (US)?

USA flag

Yes, Paxful allows the registrations from the United States! P2P Marketplace permits the users from 56 states and territories to register at and use the services exchange provides:

  • Alabama (AL)
  • Alaska (AK)
  • American Samoa (AS)
  • Arizona (AZ)
  • Arkansas (AR)
  • California (CA)
  • Colorado (CO)
  • Connecticut (CT)
  • Delaware (DE)
  • District of Columbia (DC)
  • Florida (FL)
  • Georgia (GA)
  • Guam (GU)
  • Hawaii (HI)
  • Idaho (ID)
  • Illinois (IL)
  • Indiana (IN)
  • Iowa (IA)
  • Kansas (KS)
  • Kentucky (KY)
  • Louisiana (LA)
  • Maine (ME)
  • Maryland (MD)
  • Massachusetts (MA)
  • Michigan (MI)
  • Minnesota (MN)
  • Mississippi (MS)
  • Missouri (MO)
  • Montana (MT)
  • Nebraska (NE)
  • Nevada (NV)
  • New Hampshire (NH)
  • New Jersey (NJ)
  • New Mexico (NM)
  • New York (NY)
  • North Carolina (NC)
  • North Dakota (ND)
  • Northern Mariana Islands (MP)
  • Ohio (OH)
  • Oklahoma (OK)
  • Oregon (OR)
  • Pennsylvania (PA)
  • Puerto Rico (PR)
  • Rhode Island (RI)
  • South Carolina (SC)
  • South Dakota (SD)
  • Tennessee (TN)
  • Texas (TX)
  • U.S. Virgin Islands (VI)
  • Utah (UT)
  • Vermont (VT)
  • Virginia (VA)
  • Washington (WA)
  • West Virginia (WV)
  • Wisconsin (WI)
  • Wyoming (WY)

It's possible to use the USD currency to buy/sell 1 cryptocurrencies at the Paxful: 25 banks and payment systems totally (out of the 27 the p2p marketplace supports, that's 93% of all the available ones) can be used by people from the U.S.A.:

  • Amazon
  • Apple Store — please note — just the withdrawals to this payment system are available at the moment!
  • Best Buy — please note — just the withdrawals to this payment system are available at the moment!
  • Cash by Mail
  • Cash in Person
  • Google Play
  • M-PESA
  • MoneyGram
  • NETELLER
  • Nordstrom — please note — just the withdrawals to this payment system are available at the moment!
  • Other Banks — please note — just the withdrawals to this payment system are available at the moment!
  • Paypal
  • Paysafecard (note: buying only!)
  • PlayStation Network / Store
  • Sephora
  • Skrill
  • Starbucks — please note — just the withdrawals to this payment system are available at the moment!
  • Steam
  • Vanilla / OneVanilla — please note — just the withdrawals to this payment system are available at the moment!
  • Visa & Mastercard
  • Walmart — please note — just the withdrawals to this payment system are available at the moment!
  • Western Union
  • Xbox
  • eBay
  • iTunes

Customer service

Sorry, but we haven't collected enough data about this yet. Do you have any experience exchanging with the Paxful? Can you please add your testimonial? This will help everyone a lot, thanks!

Verification at Paxful

The p2p marketplace may require the customers to pass through the user identification (account verification) process. Paxful may require you to verify some information about your identity; the details depend on order amount, exchange direction, payment systems used, etc.

And remember that since this is a P2P market, every seller or buyer creating an ad is free to determine his own terms. Some dealers require KYC, some — don't. You'll see all the details during an order creation.

According to the customers surveys results, the average time to verify an account at Paxful is the following:

Sorry, we haven't yet collected enough data. Do you know, how fast Paxful does account verification? Kindly let us know, too. Thank you very much!

Deposit/withdrawal speed

Unlike all other exchange platforms, the P2P marketplace has almost no control over the funds delivery speed. In fact, it all depends on the dealer: if him or her will be fast, your monies are in wallet in no time. But if he/she is not — that's a completely different story!

Customers' testimonials

There are currently no users testimonials about the Paxful. Do you have any experience using this p2p marketplace? If you do, please say a couple of words about it!

FAQ about Paxful

Does Paxful holds my funds?

Yes, it does. Although you can always withdraw the funds to your e-currency wallet "by default" Paxful holds your balance at it's own hot storage wallet. Funds are kept on the escrow accounts, this is how P2P markets operates; but it's much safer to store your funds at other place.

Is Paxful a good p2p marketplace?

Although we have not enough users' reviews yet, we analyzed the information we have. Feel free to get acquainted with the details reading this review or just jump to the conclusion!

Is Paxful licensed? Does it hold e-money license?

It is not, although seems that such business model complies with the regulation in Paxful home country.

Is Paxful a ripoff?

It is not a ripoff, although we have not rated Paxful yet due to lack of user testimonials, it complies with our standards. Feel free to read the whole this review to understand why or check our conclusion: is Paxful legit or scam.

Paxful vs other exchanges

Let's compare Paxful to other similar exchange services with similar features: others of p2p marketplace type mostly. Besides, seems reasonable to compare the platform with the exchanges having similar rating and serving (mostly) the same geographic, etc. Remember that if you wish to find the exchange offering the best price to buy/sell Bitcoin and 33 other cryptos, check the best rates to buy bitcoin and crypto in United States!

Paxful vs BitQuick

Let's compare the key features of these two platforms to see which one suits you best:

  • BitQuick is a p2p marketplace Paxful is a p2p marketplace, both are using the same business model.
  • BitQuick had started the business October 2013 Paxful started the business May 2019 (BitQuick is working for 5 years and 7 months longer time).
  • BitQuick has all the required business licenses and permissions Paxful is an ordinary company without licenses, etc. (BitQuick's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, BitQuick provides no extra services Paxful provides the same number of services as BitQuick: it allows us to purchase and sell digital currencies.
  • BitQuick supports 1 cryptocurrencies Paxful allows to exchange 1 cryptos (Paxful & BitQuick support the same number of digital currencys).
  • 1 fiat currencies are available at BitQuick You'll be able to use 48 fiat currencies to swap with digital ones at Paxful (Paxful supports 47 fiat currencies more).
  • BitQuick accepts deposits from and allows withdrawals to 15 fiat payment systems / banks Paxful allows the user to utilize 27 various fiat payment systems and/or banks (Paxful supports 12 fiat payment systems and banks more).
  • BitQuick allows registrations from 1 countries; United States is among the supported ones You may register at Paxful if you reside in one of 255 countries; it serves United States among others (Paxful supports more countries worldwide).
  • During the account verification BitQuick usually asks for 1 document / procedure: (phone confirmation) User identification at Paxful usually consists of some (it depends) different procedures (Paxful 's compliance program requires the client to take more actions or to provide more data).

Although the final decision, which exchange — BitQuick or Paxful — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Paxful vs Wirex

Let's compare the key features of these two platforms to see which one suits you best:

  • Wirex is a e-wallet Paxful is a p2p marketplace, it has a different business model (feel free to read about the differences between e-wallet and p2p marketplace)
  • Wirex had started the business November 2014 Paxful started the business May 2019 (Wirex is working for 4 years and 6 months longer time).
  • Wirex has all the required business licenses and permissions Paxful is an ordinary company without licenses, etc. (Wirex's business model is more stable and safer for clients).
  • Besides buying, selling and exchanging cryptocurrencies, Wirex provides no extra services Paxful provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • Wirex supports 6 cryptocurrencies Paxful allows to exchange 1 cryptos (Paxful supports 5 cryptocurrencies less).
  • 3 fiat currencies are available at Wirex You'll be able to use 48 fiat currencies to swap with digital ones at Paxful (Paxful supports 45 fiat currencies more).
  • Wirex accepts deposits from and allows withdrawals to 4 fiat payment systems / banks Paxful allows the user to utilize 27 various fiat payment systems and/or banks (Paxful supports 23 fiat payment systems and banks more).
  • Wirex allows registrations from 255 countries; United States is among the supported ones You may register at Paxful if you reside in one of 255 countries; it serves United States among others (Paxful & Wirex support the same number of countries and territories).
  • During the account verification Wirex usually asks for 2 documents and/or procedures: (id verification, phone confirmation) User identification at Paxful usually consists of some (it depends) different procedures (Paxful 's compliance program requires the client to take more actions or to provide more data).

Although the final decision, which exchange — Wirex or Paxful — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Paxful vs Bitonic

Let's compare the key features of these two platforms to see which one suits you best:

  • Bitonic is a broker Paxful is a p2p marketplace, it has a different business model (feel free to read about the differences between broker and p2p marketplace)
  • Bitonic had started the business May 2012 Paxful started the business May 2019 (Bitonic is working for 7 years and 0 months longer time).
  • Bitonic has all the required business licenses and permissions Paxful is an ordinary company without licenses, etc. (Bitonic's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, Bitonic provides the following extra services: Merchant Services Paxful provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • Bitonic supports 1 cryptocurrencies Paxful allows to exchange 1 cryptos (Paxful & Bitonic support the same number of digital currencys).
  • 1 fiat currencies are available at Bitonic You'll be able to use 48 fiat currencies to swap with digital ones at Paxful (Paxful supports 47 fiat currencies more).
  • Bitonic accepts deposits from and allows withdrawals to 3 fiat payment systems / banks Paxful allows the user to utilize 27 various fiat payment systems and/or banks (Paxful supports 24 fiat payment systems and banks more).
  • Bitonic allows registrations from 46 countries; we are sorry, but United States is not supported this time You may register at Paxful if you reside in one of 255 countries; it serves United States among others (Paxful supports more countries worldwide).
  • During the account verification Bitonic usually asks for 3 documents and/or procedures: (id verification, phone confirmation, a bank account verification) User identification at Paxful usually consists of some (it depends) different procedures (Paxful 's compliance program requires the client to take more actions or to provide more data).

Although the final decision, which exchange — Bitonic or Paxful — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Paxful vs BTCBIT

Let's compare the key features of these two platforms to see which one suits you best:

  • BTCBIT is a broker Paxful is a p2p marketplace, it has a different business model (feel free to read about the differences between broker and p2p marketplace)
  • BTCBIT had started the business May 2017 Paxful started the business May 2019 (BTCBIT is working for 1 years and 11 months longer time).
  • BTCBIT has all the required business licenses and permissions Paxful is an ordinary company without licenses, etc. (BTCBIT's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, BTCBIT provides no extra services Paxful provides the same number of services as BTCBIT: it allows us to purchase and sell digital currencies.
  • BTCBIT supports 10 cryptocurrencies Paxful allows to exchange 1 cryptos (Paxful supports 9 cryptocurrencies less).
  • 9 fiat currencies are available at BTCBIT You'll be able to use 48 fiat currencies to swap with digital ones at Paxful (Paxful supports 39 fiat currencies more).
  • BTCBIT accepts deposits from and allows withdrawals to 4 fiat payment systems / banks Paxful allows the user to utilize 27 various fiat payment systems and/or banks (Paxful supports 23 fiat payment systems and banks more).
  • BTCBIT allows registrations from 221 countries; United States is among the supported ones You may register at Paxful if you reside in one of 255 countries; it serves United States among others (Paxful supports more countries worldwide).
  • BTCBIT allows the user to be anonymous, there is no account verification, etc. User identification at Paxful usually consists of some (it depends) different procedures (Paxful 's compliance program requires the client to take more actions or to provide more data).

Although the final decision, which exchange — BTCBIT or Paxful — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Paxful vs PayBis

Let's compare the key features of these two platforms to see which one suits you best:

  • PayBis is a broker Paxful is a p2p marketplace, it has a different business model (feel free to read about the differences between broker and p2p marketplace)
  • PayBis had started the business April 2015 Paxful started the business May 2019 (PayBis is working for 4 years and 1 months longer time).
  • PayBis is an ordinary company without licenses, etc. Paxful is an ordinary company without licenses, etc. (both exchange services operate using the same approach to the business, utilizing a same legal model).
  • Besides buying and selling cryptocurrencies, PayBis provides no extra services Paxful provides the same number of services as PayBis: it allows us to purchase and sell digital currencies.
  • PayBis supports 8 cryptocurrencies Paxful allows to exchange 1 cryptos (Paxful supports 7 cryptocurrencies less).
  • 3 fiat currencies are available at PayBis You'll be able to use 48 fiat currencies to swap with digital ones at Paxful (Paxful supports 45 fiat currencies more).
  • PayBis accepts deposits from and allows withdrawals to 5 fiat payment systems / banks Paxful allows the user to utilize 27 various fiat payment systems and/or banks (Paxful supports 22 fiat payment systems and banks more).
  • PayBis allows registrations from 241 countries; United States is among the supported ones You may register at Paxful if you reside in one of 255 countries; it serves United States among others (Paxful supports more countries worldwide).
  • During the account verification PayBis usually asks for 3 documents and/or procedures: (id verification, phone confirmation, address confirmation) User identification at Paxful usually consists of some (it depends) different procedures (Paxful 's compliance program requires the client to take more actions or to provide more data).

Although the final decision, which exchange — PayBis or Paxful — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Conclusion: is Paxful legit or scam?

Now it's time to draw a conclusion, is Paxful a scam or is it a legit exchange? We hadn't yet collected enough testimonials to assign Paxful a rating, but according to our research it's a good exchange. We have found no evidence that this p2p marketplace is a scam so it should be save to deal with. Let's summarize what we like most (and what we don't) about the Paxful:

  • Although it has no financial licenses, etc. such a business model complies with the regulation
  • The p2p marketplace holds users' funds
  • The website was launched rather recently; exchange was started 6 months ago
  • Exchange supports 1 cryptocurrencies and 48 fiat ones (totally 27 payment systems / banks are available). There are no extra services besides the digital currencies exchange
  • Paxful allows registrations from 255 countries; people from United States may use the service

Overall rating for Paxful: N/A