After you find a suitable offer, youll need to read and accept the new offer terms before the trade begins. If at any point during the trade you feel confused about the instructions, feel free to send a message to the buyer via trade chat. Step 8. Youll be notified about your application in just a few minutes! Bitcoin is a digital currency in which encryption methods are used to regulate the generation of units and transfer of funds, operating independently of a central bank. The Paid button also provides security from dishonest or forgetful sellers. Report a scamIf youre selling cryptocurrency and think that the buyer has sold you an invalid gift card, report it right away. After USDT is sent, the transaction needs 12 confirmations on the blockchain to be successful. dding a QR code to your offer, the details will automatically be shared in the trade chat once the trade starts. Thank you for your patience! On the right side, youll see the built-in interest calculator. If the fingerprint scan is not working, just close the window and use a pin instead. Please be patient because this may take some time. 4. Once you create an account on Paxful you get a free wallet and access to the Classic Dashboard. To take a picture of your ID, make sure your document is ready and follow the instructions that appear on the screen. Pay attention to each type of feedback: positiveand negative. Also, make sure your address is either Ethereum USDT (starts with 0x) or TRON USDT (starts with T). We changed the name of Pay With Paxful to Paxful Pay, please update the button you have on your website if yours is outdated. We recommend looking at the best offers and model your offers after them. Wallet, and in return, youll receive interest every week. pages to see a list of the current USDT offers. Once the funds have returned, you can try the conversion again. Here's a guide to help you: Before you begin, please ensure that you have verified your phone number. It may contain important information about the trade. We look at your account on a rolling basis, so the requirements need to be met consistently over a 90-day period to keep your Trader Program status. 3. Look for either. Paxful is the leading peer-to-peer marketplace that lets you directly trade Bitcoin with people like you, all over the world. Youll receive a code in the email you used to create your Paxful account. Once the seller has confirmed the payment, they should release the crypto to you and the trade will be complete. Click. Paxfuls escrow feature aims to ensure a fair trade experience for both parties. Talk to your trade partner in the trade chat. Enter the 6-digit code into the field below the QR code. Create an Account Be aware there are fake support emails that may impersonate Paxful. Feel free to discuss all the necessary details with your trade partner on the trade chat, and proceed with the trade accordingly. Click the Camera icon to capture the image.The image is captured and displayed on the screen. If at any point during the trade you feel confused about the instructions, feel free to send a message to the buyer via trade chat. You can also share your updated offer on your social media accounts and via email. Remember to only use gift cards you have bought yourself. The Bitcoin blockchain is a public record of all Bitcoin transactions. To do this, they need to. You can also create your own USDC offersjust make sure youre ID verified! Enter the amount you want to trade in the. Make sure your camera is working and placed correctly. Paxful acts as an escrow, which ensures the safety for you and the seller. (Please wait a couple of minutes before reporting). Once a trade has started, you will receive a notification. Here is some more informationon how to sell cryptocurrency on Paxful. Your profile contains a summary of your account and your history on Paxful. Click Next Step when youre done. the game server where the exchange should take place; will the delivery happen face to face, via game mail, or any other in-game exchange channel; Be clear about what proof of payment you can offer to your trade partner, for example, screenshots of an in-game transaction. . If youre receiving BTC in your Paxful wallet, the funds should arrive after two confirmations. Example: Hi, I am ready, please follow the instructions and you can have your cryptocurrency in no time!. Heres how to check the Bitcoin transaction status: See our guide on how to deposit Bitcointo your Paxful wallet and how to send funds from your wallet. Accept your responsibility for possible risks. Well then send your account details to the seller. If they were sent from an online wallet, check the transaction history. If you created the offer, add tags that indicate if you accept third party payments or not. If during a trade both sides agree to change the amount, a new trade must be re-opened for the correct amount. The integration adds a. that allows buyers to pay with payment methods such as gift cards, online wallets, etc. The Travel Rule was created to better understand where users are sending and receiving cryptocurrency from. How will I know if I'm eligible to be part of the Trader Program? From there, you can copy your Bitcoin wallet address or use the QR code. Before you start buying cryptocurrency with gold, make sure you have a trustworthy source for the gold. If youre interested in joining the Trader Program, youll automatically be enrolled when you meet these requirements: *Paxful considers good behavior to be honest trading, prompt release times, keeping the trade on Paxful, etc. Click a time box and select a time from the drop-down list that appears. The photo ID verification page appears. A: We are actively working on what the future program will look like and will update the community when we can. From there, you can verify your email address in just a few steps. Due to Coronavirus(COVID-19) pandemic, manual verification processing times may be longer than usual (3-10 days). , or if you have reached your wallet send out limit, youll be required to verify your ID before you can withdraw your funds. Here you can see a snapshot of all your current offers which you can view and edit. A new caution dialog box appears. Feel free to discuss all the necessary details with your trade partner on the trade chat, and proceed with the trade accordingly. Your buyers are safe. Open the trade in the list of your past trades: Dashboard > View past trades. We have a strict verification process that helps ensure we know our customers, an army of dispute and fraud prevention analysts to help make sure trades run smoothly and to keep bad actors away from the marketplace. Additionally,see how to send Bitcoin from your Paxful wallet. Your customers will receive the same security features they'd find on Paxful. Heres a breakdown of what makes up the Paxful Rewards Program: The Paxful Trader Program has a series of levels that come with different benefits. This is a solution for the majority of possible issues related to the Paxful app: Make sure you have allowed access to your device camera. On each HTTPS request sent, we add an "X-Paxful-Signature"HTTPS header. , your account is restricted for a period of time for further review. To enable automatic send-outs to your. To buy cryptocurrency with gold, you can also. To learn more about the functions of this wallet and. Provide as much evidence as you can, such as: Proof of payment (transaction receipt, a screenshot of payment, video proof). We have over 350 payment methods available on the platform. You can also see their location, all of their active offers, and other important information about them. (The process may vary from one email service provider to another.). Once the transaction is initiated, youll receive your BTC in secondsno need to wait for confirmations, all transactions are final. For more information, please visit. P2PKH addresses which begin with the number 1. To withdraw your crypto from your Earn Wallet and move it back to your Paxful Wallet, follow the steps below: There is a minimum withdrawal requirement of 25 USD. When creating offers, there are also options where you can choose to show your offer only to your list of trusted buyers. Once the trade has begun, a more specific set of. 9. If during a trade both sides agree to change the amount, a new trade must be re-opened for the correct amount. 2. On this page, you can see which areas on Paxful are currently running. The last step for you is to release cryptocurrency from the trade escrow. As a reminder, Paxful is not obligated to initiate or handle chargebacks and is not liable if a party reverses, charges back, or otherwise disputes a transaction via an avenue made available to the party through the payment method used in the transaction, including after a dispute is closed. They moderate and resolve disputes 24/7. If you'd like more information about tax law or your specific circumstances, you'll want to contact a legal or tax professional. You will need to verify your email address, phone number, address, and identity in order to comply with Paxful standards and the Travel Rule when sending out 1,000 USD or more in cryptocurrency. For example, you can have $500 remaining for trading, and $9,000 left for wallet send outs. You can leave the Anyamount field empty if you do not have any specific amount in mind. Any additional proof as requested by our moderators. You can also specify the amount you wish to buy and the currency you prefer. leave this section blank while creating an offer. Transferring your crypto to your account can be done in five easy steps. Paxful Pay brings together three sides: merchants (selling something), buyers (wanting to buy something), and Paxful vendors (exchanging buyer payment methods to BTC). Youre all done! The higher the number, the more profitable the trade will be for you. Trusting users is a way to make real connections with them, but just like in real life, be careful whom you trust on Paxful. Enter the amount you are ready to trade in the. Once youve received the item and the buyer has marked the trade as Paid, you can release the cryptocurrency from the trade escrow. If you would like to see your previous Bitcoin addresses, head over to the. Ethereum is the second largest cryptocurrency, after Bitcoin. The sooner a dispute is filed, the more resources our team will have to help resolve the dispute. Trading on Paxful requires verification depending on the payment method used or the amount transacted. Be clear about what proofs of payment you expect for the gold you are accepting. Choose the best rate of cryptocurrency to have the highest profit possible. Keep reading to see how you can use the functionality. Make your money work for you. Merchants have a complete transaction list available on their Paxful Merchant Dashboard. Dont forget to leave feedback! Enabling Two-Factor Authentication (2FA) can greatly enhance your account security. If youre still running into issues, feel free to reach out to our. Asking someone to take only $33 only out of your $50). 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. - Do not attempt to communicate outside of Paxfuls trade chat with your trade partner. Usually, for cash trades, buyers should promise to provide a teller receipt. Usually, the amount you send, the amount you will be charged as a network fee, and the total amount deducted from your wallet are clearly shown to you before you confirm the Bitcoin transfer. Be clear about what proof of payment you expect from your trade partner, for example, screenshots of an in-game transaction. During a dispute, we recommend that users of both parties adhere to our Terms of Service. Check your spam folder. Upon registering, you also get a free wallet to store the cryptocurrency you earn from trading on Paxful. USDC is only available to send and receive on the Ethereum network. Your trade partner is not responsive and just holds your cryptocurrency in escrow. If you reach out to us about this, please send us as much information as you can, such as the trade ID, proof of ownership, evidence, details of what happened, etc. Two Factor Authentication (2FA) is an additional layer of security where the user must verify that they own the account with a code. Make sure your bank account is ready to make transactions and check if the account has any transaction limits or geographical restrictions in place. How do conversions to other cryptocurrencies work? Here's how to troubleshoot 2FA via SMS, Authy, or Google Authenticator. Before you start buying cryptocurrency for in-game items, make sure you have the means to prove if the item was actually transferred to your trade partner. If you post a transaction between these times, and you dont see your transaction posted on Paxful, we recommend you reach out to. Make sure that you're logged into your Paxf. Heres everything you need to know about it. If your trade partner is trying to obviously scam you. Enter the 6-digit code into the field next to the QR code. Beginning July 1, 2022, income tax law in India will require income taxes to be paid for the transfer, meaning the sale or exchange, of any virtual digital asset (VDA) such as cryptocurrency. This status means that a trade has been cancelled. Ready to have financial freedom? Choose the timeframe for your offer to be active on the public listing. How do I use it? From there, the merchant will see a respective option within Paxful Pay PoS: For orders created in BTC it is possible to also show the equivalent amount in a local currency. Be sure to click the button only once youve paid to prevent complications. In case if request URL is saved successfully, this is how our events will appear in your app: Paxful creates a unique string for your app and shares it with you. You can withdraw your Bitcoin from your Paxful account by sending it out from your, For more information about Ethereum conversion, visit, For a full breakdown of Ethereum fees, check out, Unfortunately, Ethereum transactions cant be cancelled or reversed. To secure your account, we highly recommend setting your 2FA up with, . If youre looking for more information on your safety in the marketplace, check out these articles: Paxful has an AML policy, we comply with Office of Foreign Assets Control ("OFAC") sanctions, were a regulated financial entity, and were trusted by over 5 million users. To sell cryptocurrency via Bank Transfer, you can also. Weve broken down the steps on how to add and use a QR code in the Paxful marketplace: Next, pick your wallet name, upload the wallet URL, and give the account a nickname, Select the online wallet youd like to edit or delete, Once youve started a trade and you have a QR code linked to your Paxful account, youll see a mini QR code icon in the trade chat. 5. Go to the specified location and collect the cash from the buyer. Using Paxful from an OFAC banned country listed on this. Here you can visualize how much interest you can earn with a specific deposit amount. Here's how you can verify your phone number on Paxful if you didn't create your Paxful account using your phone number. Send and receive crypto in your own private cryptocurrency wallet that lets you transact with anyone at any time, anywhere. 3. You will also receive an email with the result of your verification. Also, if you like trading with the user, you can add them to. Note: If you are sending 1,000 or more USD in cryptocurrency to another Paxful user within Paxful, the Travel Rule will not apply. 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. Click Upload file.The Upload image page appears. This is the general/default dashboard where you can: This dashboard appears as soon as you create your first offer. Once you make your buy or sell offer, you can easily edit the offer by following these quick steps: 1. So i locked my account, well now it says to contact support but when you go through the questions it will start all over again. Discuss the necessary details with your partner using our trade chat and follow their instructions carefully. To keep you in the loop, we implemented the new travel rule for user protection and to stay up-to-date with international standards. For more information on how to improve your trading experience, please read our, Two-factor authentication (2FA) via SMS will no longer be supported starting November 14th, 2022. We'd love to hear from you! Once you create an account on Paxful you get a free wallet and access to the Classic Dashboard. Expired every trade has a payment window for a buyer to make a payment. A PDF of your bank/online account statement that shows the transaction, /screenshot of the online wallet transaction that took place. For more information about this change check out our blog post. You can find the current interest rate in the Deposit section of your Earn Wallet. In the Settings menu, click on Security. Time limit will you manage to execute the payment within this timeframe? Enter the amount you are ready to trade in the traditional currency field or cryptocurrency field. Who can you trust? Heres a Paxful school tutorial to walk you through the process of creating your account: 1. Make sure you are connected to the internet (do a speed test to confirm). If you dont cancel the trade and leave it hanging, the seller will have to file a dispute or report you, which will probably result in you getting negative feedback. Check our security guideand safety tips for more information. The price of the fee varies among sellers and depends on who you buy from. If you click the Paid button and you havent paid, the seller might think youre a coin-locker or someone trying to scam them. Click Choose file and select a file from your device. There are several levels of verification that you can complete. You can also always check your Bitcoin transaction status. A QR Code is a machine-readable code made of black and white squares that help make your online wallet trades faster and easier. If youre starting from the Paxful home page, click, From there, you'll need to create your account with either your, Once your account is created, you'll receive a free cryptocurrency wallet. from your wallet. Look for Bitcoin (BTC) currency under Assets and click RECEIVE. However, if your account is frozen, first check your email for information, and then contact Support to figure out the next steps for appeal. Click the. The first step to selling cryptocurrency for game items is to look for an offer that accepts this type of payment. Note that the seller can only take the whole amount so if you start order for $33 and he takes $50, the only way to get your change back in cryptocurrency is by starting a new trade for the difference. Provide a selfie (or take a picture of yourself) to prove your identity matches your NIN. Images of your documents should be in JPG, JPEG, or PNG format and are colorized. If you are temporarily living or traveling in a country where a payment method is restricted, but you have proof that the payment method belongs to you, please: Our team will review your information and contact you if they have additional questions. There are eight statuses your trade could possibly have: Active funded a trade has started, and funds have been transferred from the sellers wallet into trade escrow. message after clicking Send means that the BTC address is still being generated. Email address verification adds an additional layer of security to your account. They go to the blockchain networks to make sure your funds are safe. To get your funds back, you must contact the receiver and request to send them back. The crypto Wallet App is also the ultimate companion tool to Paxful, one of the worlds biggest peer-to-peer cryptocurrency marketplaces. If you are given a deposit address, you can easily spot the Ethereum address by the 0x in the beginning, while TRON addresses start with a capital T. If you've paid for your crypto but something has gone wrong, you can start a dispute! Clarify how the gold will be delivered to you and yourself decide whether you are okay with the product before proceeding. Once you have provided all the documents requested by the cryptocurrency seller, click. 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. If you have used an incorrect address, go to. list. Paxfuls escrow feature aims to ensure a fair trade experience for both parties. You can easily send your Bitcoin from your Paxful Wallet to an external wallet as we support major Bitcoin wallet types except for one. Your code will be. Transaction fees on the blockchain can get expensive and are sometimes unpredictable. Click Register on the top right corner of the main page. If you dont get the chance to change your settings, starting on November 10, well be sending your codes to your email instead of SMS.