What is Paxful?
Paxful is a Peer to Peer bitcoin marketplace. It has over 300 payment options to buy and sell BTC. The payment options varies from Bank transfer, Cash, Digital Currencies, Gift Cards, Goods and utilities.
In this post I will discuss how to buy or sell from Paxful.
After creating an account in Paxful with this link to paxful you will own a free bitcoin wallet and BTC worth 5 USD once you will become a verified user and make a successful trade.
Now Lets see how to BUY or SELL from Paxful.
BUY BITCOIN
Once the account is created login to the site and go to BUY Bitcoin tab, where you can choose the Payment method and Currency.
Select the options you want and "Search for Offers". In this page you can select the relevant location for offers.
Now scroll down and pick the offer you want to buy from, according to your choice and click on the "Buy" button. That will land you to the offer page. Enter the amount you want to buy. And click on "BUY NOW".
That will open a trade and the amount of BTC you want to buy will be hold in escrow. Here you need to read the trade instructions and connect in chat with buyer. After making the payment, Buyer will release the BTC from escrow which will directly credit your Paxful wallet with BTC you have bought.
SELL BITCOIN
Now lets see how to sell the BTC. To Sell BTC go to "Create an Offer" tab.
Click on Sell Bitcoin option and select the Payment option from 300 payment methods, Preferred Currency, other needed details and click on "Next Step"
In Next step you can choose between Market Price and Fixed Price. After that according to the choice specify percentage above market rate or fixed price market rate your offer, Offer trade min and max limit or exact offer amount, Offer time limit and click on "Next Step"
Now in 3rd Step fill the Trade instructions. Write down Offer tags, Offer terms for the buyer, Trade instructions and some extra advanced details and "Create Offer".
This will make your BTC sell offer listed in Paxful which can be viewed and modified under Dashboard section.
Now click on this link to paxful and earn BTC worth 5 USD once you will be verified and made a trade i.e sell or buy BTC in Paxful. You have opportunity to earn more by sharing your affiliate link to others. Happy earning in BTC.