Paxful Bitcoin Escrow
Paxful is a ver popular bitcoin related website. For those who dont know what it is, i will explain.
Paxful allows you to buy and sell bitcoin for a variety of items and/or goods. Some examples are:
- Paypal
- Amazon gift cards
- Walmart gift cards
- Bank transfers
- Cash deposits
These are just a few of the offers that you can buy or sell bitcoin to/from. Paxful is known for its wide variety of different ways to buy or sell btc.
Trust System
Paxful has a very effective trust system that allows buyers and sellers to determine if the user is trustworthy or not. To help users gain trust, thry have these measures in place:
- Reputation System
- Bitcoin Escrow
Reputation System
The repuataion system is based on feedback from sellers and/or buyers who have dealt with that user. Following a trade, both parties will he prompted to leave feedback for eachother. This allows new users to view past trade feedback of a user before opening a trade with them.
Bitcoin Escrow
The Escrow system in place means that when you are selling or buying bitcoins, they are sent to an alternate account that doesnt release them until both parties agree. If there is a problem with the trade, you can dispute and have a staff member intervene. This means that nobody can just run off with your bitcoin leaving you with nothing.
I personally have used paxful on many occasions to both buy and sell bitcoin.
Thanks for reading! I hope you enjoyed this review. Please take the time to comment and upvote if you liked this. Please consider following if you are interested in seeing similar content!
excelente post! gracias por la información.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for reading! Im glad you liked it!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Cool is Ray still running Paxful?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
TBH I don't know who own or runs it right now. Im sure you could google it tho.
Thanks for reading!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice work
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks! Im glad you enjoyed it!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks for sharing. this is an awesome resource.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Glad you found it useful!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
good idea!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
friend I recommend renting bot on https://steembottracker.com, so you better your articles, it has helped me a lot, thanks for visiting my post ,,,
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks! Ill check it out! Hope you liked reading this revew!
Take care,
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
excelente informacion !! muchas gracias
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Excellent information. I'll take that into account.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
good idea friend excellent publications
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for the kind words! I do my best to write quality content!
Have a great day!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit