Check your affiliate earnings from completed trades. Its important that you do not give other users your contact information to do a trade outside Paxful trade flow. User will receive a confirmation notification in their Paxful account. Don't cancel the trade after you've already paid. Check out our coverage in renowned publications and learn about our Built With Bitcoin initiative. Dont return the in-game item under any circumstances after you have received it. . Once youve received the item and the buyer has marked the trade as Paid, you can release the cryptocurrency from the trade escrow. Fill out the necessary details to help us better understand your concern. The amount transferred into the escrow is the. Your security is our highest priority, that's why we've taken extreme security measures to keep users safe in the marketplace. 2FA is often used to protect the users credentials, information, and any resources within the system. Well then send your account details to the seller. You can track your progress through the Progress Bar located in your Classic Dashboard. Great question! RipperYour trade partner has ripped you off. Keep in mind that this window will only pop up if you are sending 1,000 USD or more in cryptocurrency. Bank Transfers are a popular payment method on Paxful. Fill in the fields on the ID verification form. Buyers with the best rating and reputation. If you face any serious issue with your trade partner, do invite our moderators by, Have both offer terms and trade instructions in a simple short bulleted or numbered list. Once you create an account on Paxful you get a free wallet and access to the Classic Dashboard. Paste the invoice you received or scan the QR code. Your dashboard is the hub to track all your activities on Paxful and allows you to access all the information you need. From there, your earnings can be transferred to your main wallet without the $10 USD minimum, which has been waived. Youll be shown how much cryptocurrency youre selling and what youll receive in return, as well as the buyers and your own account details. Pay attention to each type of feedback: positiveand negative. If user doesnt have a balance in their wallet a list of trades will show up for the user to complete a trade to get crypto. Here are several possible reasons why you may lose a dispute. Ensure you have logged in to the correct email address which you used to register on Paxful. The new Travel Rule requires VASPs to securely gather specific information when a transaction is made between two VASPs. Dont hesitate to request any additional documentation or proofs such as: The first step to selling cryptocurrency for gold is to look for an offer that accepts this type of payment. Note:We recommend the Verify option as the call option is not supported in all countries. 5. So you've signed up for Paxful - welcome! Images of your documents should be in JPG, JPEG, or PNG format and are colorized. Once you create an account on Paxful you get a free wallet and access to the Classic Dashboard. Trading on Paxful requires verification depending on the payment method used or the amount transacted. You will be able to specify a starting currency. And finally, read through the offer terms and trade instructions carefully. In case you want to buy crypto, see the following guide. Your Bitcoin. Be understanding to buyers as some of them may lack trading experience. You must make sure that the buyer understands that the release of cryptocurrency may be reasonably delayed. If you still dont have an answer after following the above steps, we recommend that you reach out to support. By setting up our Kiosk on your exchange, you deliver a quick and easy fiat on-ramp for your customers. I've completed the required amount of trades. Read more here: Read more on how to protect your funds from scammers in our, If youve followed the sellers instructions, completed the payment, but the seller refuses to release the crypto, If you made the payment but the seller stops responding and has not released the crypto, If the buyer marks the trade as paid but is unresponsive, If the buyer says they have paid you, but you did not receive the payment or theres an issue with the payment, If youre not sure how to file a dispute, take a look at, Make sure the image is not cut off or cropped, Image of the gift card with the Paxful trade chat clearly in the background (please make sure that all four corners of the card are in the image), Receipts to prove that you own the gift card, Video recording of checking the balance of a gift card before uploading it during the trade, Evidence showing you own the gift card (history from the issuers website, etc. Usually, for cash trades, buyers should promise to provide a teller receipt. message after clicking Send means that the BTC address is still being generated. You can also check for any incidents the site previously underwent. From now on, the trade chat will be disabled in Bank Transfer offers you create or edit. Enter the amount you want to trade in the Anyamount field. Note: If you want to report an issue but your trade hasnt been cancelled yet, it is better to start a dispute. Once the Bitcoin is sent, you should get a notification saying incoming Bitcoin at 0 confirmations or "Unconfirmed". This is the general/default dashboard where you can: This dashboard appears as soon as you create your first offer. Chargebacks can happen with some payment methods even after a trade is done. uploading a photo of ID, uploading a cash receipt, accepting physical gift cards only, etc. Remember that cryptocurrency transactions are final and irreversible. On the bottom of the trade page, click ! We are grateful for your patience and understanding. You must complete your ID verification and address verificationto trade with gold. A Bitcoin wallet address is a set of letters and numbers that is used to send and receive Bitcoin. Also, pay attention to the reputation of your potential trade partner. If the image is clear, click Confirm. Deposits made after 4:00 pm SAST will be processed the following day. Once youve created and published your personalized offer, wait for a seller to start the trade with you. This will show you a brief summary of what the buyer requires from you regarding the payment. Please contact us via support widget to generate a wallet address. Confirm sending BTC to the buyer by clicking, If the trade expires, you can reopen it by clicking, for more information. Go to the specified location and collect the cash from the buyer. During a dispute, we also ask for any evidence that may help the moderator make a decision. For more information about this change check out our blog post. Login with existing account that has enough funds. In the case of a passport, simply continue to the next step. Although its rate can fluctuate a bit, it maintains a 1:1 representation of the US Dollar on the Ethereum blockchain. , Paxful is also extremely secure, and were constantly working to keep it that way. If you are selling cryptocurrency, the minimum is 0.001 BTC. Once the seller has confirmed the payment, they should release the crypto to you and the trade will be complete. If you're using the Paxful Wallet app, go to your Account tab and scroll down to "Contact Support.". The rule requires money service businesses to communicate when users send money from one financial institution to another. To make sure you're only seeing Paxful Verified Offers, you'll want to click the toggle for this option. This will help to make sure that you will have a quick trade without any delays from the sellers side. If youre selling cryptocurrency and think that the buyer has sold you an invalid gift card, heres what you can do. On the left side, youll see a menu with the total amount of crypto you have in your Earn Wallet, the amount of interest youve earned, and next weeks interest payout. Report a scamIf youre selling cryptocurrency and think that the buyer has sold you an invalid gift card, report it right away. For starters, there are only two support options: Use a chatbot or submit a ticket. We have status checks for specific areas of Paxful. Your trade partner is not responsive and just holds your cryptocurrency in escrow. The minimum trade amount is 10 dollars (also in other currencies). This verification is important to protect our cryptocurrency sellers from any fraudulent activity. On the ID verification page, click Start.The Submit identity card page appears. You control your financial future on Paxful! 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. For example, we could send you a notification when a new trade starts or whenever your trade partner sends a message in a trade chat. This quoted price may include additional fees charged by the Stablecoin Counterparty and/or third-party fees necessary to facilitate this transaction. You release BTC from the trade escrow to buyer's Paxful wallet. When a trade starts, the sellers crypto is automatically transferred into our secure escrow. For more information on how to sell crypto. If you have current offers using restricted payment methods, those offers will be deauthorized. 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. With other cash payment methods, the payment process itself is usually quite simple. Their mission is to empower the forgotten underbanked around the world to have control of their money using peer-to-peer transactions. Provide a selfie (or take a picture of yourself) to prove your identity matches your NIN. Remember to only use gift cards you have bought yourself. 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. Paxful allows you to deposit and receive Ethereum (ETH) using your Paxful Wallet. Begin creating or editing your offer as usual, according to standard flow. A sellers reputation is displayed with a green thumb. Please never withdraw money directly to ICO addresses or services not designed to accept USDT. Log in to your Paxful account, hover over your username on the top right of the page and click Settings from the context menu that appears. If a third party payment was sent, try to get as much information as you can about the account the payment was sent from, Take a look at your trade partners feedback history before starting a trade to make sure they arent getting feedback about chargebacks. We've upgraded the way addresses are displayed in your wallet. So, are you ready to send, receive, and store your cryptocurrency in a more effective, smarter, and faster way? How does Paxful Work Paxful is simply a secure platform where individuals with Bitcoins sell their coins and those who need them buy. Buyers rate does it look profitable for you? will automatically be added to your wallet every Tuesday, and youll receive a notification once the interest has been added to your account. Please enable Cookies and reload the page. Also, if you like trading with the user, you can add them to. On the Security page, under Two-factor authentication (2FA)settings, choose Email. It is up to you to protect yourself from malicious users and obvious scams. The Self Declaration dialog box appears.3. When the funds have arrived, click Send Bitcoin. You can download any of them in PNG or SVG format to use on your website. Place your ID in the center of the screen and make sure all the necessary details are visible: 3. For a Cash In Person trade, once all the details have been settled, its time to meet up with your buyer. Personalize your Paxful wallet profile so people you transact with know its you. Paxful Pay is fully compatible with WordPress websites and can be integrated easily using the Paxful Pay Woocommerce plugin. Your wallet lets you see your transactions, similar to your online banking account. Click SELL NOW. To begin with, please clear the cache and cookies and try using a different browser. On Step 3of the offer creation flow in Advanced options, locate theWorking hours section. button only if you are absolutely sure about receiving the payment. However, depending on your country, you may need to verify your address to sell USDC. To use your NIN on Paxful follow the instructions below: Enter your 11-digit NIN in the box provided. Ensure you have entered a valid bitcoin address. A: Raising fees is never an easy decision but changing the escrow fees on gift cards is in the best interest of Paxful and our commitment to our community to provide the safest, most reliable P2P platform for people to buy, sell, and trade cryptocurrencies. A single unit of USDT is supposed to be equal to 1 USD. USDC is a stablecoin that keeps its value around the 1 USD mark. If youre the buyer, youll need to click on the QR code link to visit your trade partners online wallet. Malicious traders On Paxful, there are a few red flags you'll need to look out for. Sending Bitcoin from one Paxful wallet to another is instant. 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. On the vendor dashboard, you can: In general, this dashboard is useful when you want to see the statuses of all your trades and offers. Click Any currency and select your currency from the list. Antibot-solutions that we use might block users if some suspicious activity was detected on the device, network, region, etc. You must complete your ID verification and address verificationto trade with gold. Being polite is about a lot more than your language; its about following their instructions as well. The sooner a dispute is filed, the more resources our team will have to help resolve the dispute. If so, you have successfully bought bitcoin through Paxful. Google Authenticator is an application that implements two-step verification services for our users as an added layer of security. Paxful has a zero tolerance policy for this type of behavior. To trust or block a user follow these steps: To view and manage your blocked and trusted list, go to your Contact list. If you accidentally released your crypto to a trade partner or if you think another Paxful user has scammed you, please contact our support team. If youre starting from the Paxful home page, clickRegister. The following table lists out our various verification levels along with their corresponding benefits: Users from countries on this list require levels 1 and 2 to sell crypto, convert crypto, and withdraw any funds from their Paxful Wallet. Paxful escrow must be used at all times or your account may be banned. (Please wait a couple of minutes before reporting). Unauthorized use of gift cards / chargebacks / defrauding users. There are businesses, such as Paxful, that are called Virtual Asset Service Providers (VASPs), and they allow users to trade cryptocurrency. On the unselected days of the week, your offer will be inactive. Click Chat to open the trade, and click Cancel to cancel them. Log into the app with your Paxful credentials. Paxful takes AML protocol seriously, and we abide by all laws, regulations, and procedures. 1. Asking someone to take only $33 only out of your $50). Photo of the actual gold item you are offering. You can request a new confirmation email only once every 20 minutes. Completing the CAPTCHA proves to us that youre a human and gives you access to our platform. Check our tips for buying cryptocurrency for more information. Look for either Ethereum (ERC20) USDT or TRON (TRC20) USDT. You will be taken to the first Edit Offer page. How to use Paxful: A beginner's guide | Paxful University 2. Be careful of an exit scam Other P2P exchanges have issues which scammers such as eBay. Youll also need to enter the amount you wish to sell and your preferred currency. If you have scanned the QR-code, your wallet address appears on the screen of the app or ATM automatically. Here is some more informationon how to sell cryptocurrency on Paxful. You should only cancel a trade if you're not ready to send the payment and/or disagrees with your trade partner's offer terms. Note that buyers avoid offers with complicated terms. confirmations, contact the recipients wallet service provider to investigate this situation further. Set a margin you find profitable as no negotiations are allowed during the trade. Read more here: Why did I lose a gift card dispute? Your old bitcoin address is still valid and your coins are still there. Your funds are safe in your Paxful Wallet, but if you want to keep USDT in your own wallet, you can find the software for your desktop or mobile device here: Make sure you copied the address correctly. You can refer to our Terms of Services for more information on what is acceptable on the marketplace. But this website Paxfulis not regulatedin any country and is blatantly working directly with scammers because they can. On every successful payment, a callback can be configured which can be set up to release the goods to the buyers on the merchant side. If youve already submitted a report, please give us some time to get back to you with our response. ), A full screen, un-cropped screenshot that shows both the code itself and the error message received when trying to redeem, For more information on gift card disputes, take a look at, A PDF of your bank statement that shows the transaction, Video recording of transaction history (name must match the name on your Paxful account, and please show the transaction history from the day before the trade up until today), Audio recording from you and the financial institution confirming the transaction, Any evidence you have (selfie with the person you traded with, receipts, etc. All Paxful trades flow in a similar way. Click SEARCH FOR OFFERS. 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. and we are continuously working towards solutions to make the trading experience safe and secure for all our users. 3. trade, once all the details have been settled, its time to meet up with your buyer. Check out, Transaction fees on the blockchain can get expensive and are sometimes unpredictable. This is the total of all of the positive feedback the seller has received. When all the toggles are blue, youre done! For your Buy Offers, click on Offers to Buy. Select which banks youre willing to send payment to (or select All Banks), then choose which bank account youll use to send payment. The Paxful Wallet for Android and iOS makes it easy for users to send, receive, and store cryptocurrency anywhere and anytime. By avoiding paying escrow fees to our platform while trading outside our escrow service, you expose your BTC to much higher risk as our investigation team will not be able to assist you in case of, A buyer of cryptocurrency must pay the exact price that is set for trade. to invite our moderators to investigate the case. Tether (USDT) is a stablecoin that is pegged to the American dollar (USD). 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. After you find a suitable offer, youll need to read and accept the new offer terms before the trade begins. Nothing else will change. If you started a dispute as a seller and you see that the buyer has resolved the issue from their side, click, If you started a dispute as a buyer and you see that the issue has been resolved, click. Note: If your attempt has failed, consider increasing the amount of light in the room. Once your trade partner has made the payment, click Release. You can also lose your Trader Program status if you break our Terms of Service and/or compliance requirements. Click Choose another file if you want to retry. Coin locking or holding a seller's cryptocurrency in escrow without the intention to make the payment and complete the trade. Choose the timeframe for your offer to be active on the public listing. 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. If you want to upload a file from your device. Here is more information on how you can start a dispute. A new caution dialog box appears. Cryptocurrency transactions are irreversible. What are the benefits of the Trader Program? How to buy Bitcoins via Mpesa using Paxful To buy Bitcoins through Paxful; Visit: Paxful n integration you can set up with your e-commerce/business website. Tap on the icon for the list of your linked online wallets, From there, your QR code will be uploaded to the chat, Select the online wallet youd like to use, From there, you can continue to create your offer as usual. If during a trade both sides agree to change the amount, a new trade must be re-opened for the correct amount. Two Factor Authentication (2FA) is an additional layer of security where the user must verify that they own the account with a code. If youre buying Bitcoin, the current minimum is 10 USD or its equivalent in other currencies. Make sure the app is of the latest version. Note: You can add as many stores as you want to Paxful Pay PoS. Additionally, we provide you with all means to protect your funds within your Paxful account, like setting up two-factor authentication when you log into your account and send crypto out of your Paxful wallet. Make the payment.After making the payment, click I havepaid. Only the user can access their specific 2FA alert, which is sent via Authy, Google Authenticator, or email. Upon registering, you also get a free wallet to store the cryptocurrency you earn from trading on Paxful. Click Upload file.The Upload image page appears. Please visit our help center page on verifying your account for additional help. Well, we dont particularly enjoy this either. Clarify how you will deliver the gold and whether your trade partner is okay with what you are offering. This means you can keep them as BTC in your Merchant account for exchange for EUR/USD/etc. Note: If you're adding a QR code to your offer, the details will automatically be shared in the trade chat once the trade starts. Click Start verification process. Sellers with the best rating and reputation. The Paxful Wallet is a digital wallet given upon sign-up and allows you to securely send and receive your hard-earned cryptocurrency. These fees are called Network fees and do not go to Paxful. Do keep in mind though that messages to PaxBot will have to be in English. It usually takes 12 confirmations (it can take up to 30 on some platforms) for your transaction to complete, so hang tight! With Paxful Earn, you can gain weekly interest from the cryptocurrency stored in your Paxful Wallet. The address verification request doesn't contain the payload and request signature. Here are some safety tips to help you protect your funds in the future. Verify that your Paxful wallet balance reflects the purchased BTC. Once you have provided all the documents requested by the seller, click. We recommend using Authy as it's more secure. However, were hoping to open this up to other users soon. If the conversion service is down, the merchant will be paid in BTC. Your trade partner is using abusive language in chat. Paxful checkout can easily be made to show only your offers if you pass your offer ID as an argument and only your specific offer will be shown. 1. To get your funds back, you must contact the receiver and request to send them back. After completing your ID verification, feel free to, Featured offers (available to members with dedicated account managers), Sell offer promotion (available to members with dedicated account managers), Dedicated account manager (we have temporarily paused this benefit), Customized fees (we have temporarily paused this benefit), You've had an account for at least 90 days, You complete at least 250 trades every 90 days**, You complete at least 1,000 trades every 90 days**, Yes, you can. Tick a box to select an event from the Subscribe to events list. Once you've created your account, you'll need to verify your phone number or email address (depending on what you used to create your account) using a code sent to your phone or email. For more information, check out the developer documentation here. Minimum Limit for BTC Transactions Learn about the minimum amount allowed by the Bitcoin blockchain before making any transactions or deposits on your Paxful wallet. Clarify how exactly the in-game item will be delivered and decide whether your trade partner is okay with the product before proceeding. Here are the dispute options for sellers and buyers: 3. Remember that Paxful moderators have a light blue background behind their text! 5. If you see a message on your wallet page or on our Twitter, just wait for further updates. Abusive languageYour trade partner is using abusive language in chat. A dialog box with the verification video guide appears. Click a time box and select a time from the drop-down list that appears. If you selected the right file, click Confirm. This status means that a trade has been cancelled. To enable automatic send-outs to your. If you keep trying to give sellers used codes, you will be reported and banned from trading on Paxful as it is not only a waste of your own time but also that of others. extremely high margins), your offer may not be visible to other users. Weve broken down the steps on how to add and use a QR code in the Paxful marketplace: If you created a sell offer with an online wallet, your QR code will automatically appear in the trade chat once the trade is started. You can also Turn Off your offers with the blue toggle button. This includes being rushed to complete trades, fake proof of transactions, coin locking situations, payment reversals, and phishing attempts. The Truth About Bitcoin Scam Recovery Services - Paxful Make sure emails from Paxful are not going into your spam folder. (Reference the image below for more information.). Youll also need to enter the amount you wish to purchase and the currency you prefer.Choose the best rate of cryptocurrency to have the highest profit possible. How do I use it? Once the transaction is initiated, youll receive your BTC in secondsno need to wait for confirmations, all transactions are final. 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. ), Any additional screenshots that prove you completed the transaction, The best way to resolve a trade issue is by. Paxful Help Center On the Merchant Dashboard you can see: This is the dashboard to track your affiliates and your affiliate commissions. Some issues might be because you use an old version of the app. If you post a transaction between these times, and you dont see your transaction posted on Paxful, we recommend you reach out to our support team. The Financial Action Task Force (FATF), FINCEN, and other international regulatory bodies created the Travel Rule to help make your transactions more secure. The tracking number issued by the parcel service (in case the gold is being shipped to you directly). Here is how our request header should appear in your payload (this is a Webhooks service example in, 1. Seller of cryptocurrency asking to cancel the trade after the payment was completed. Be aware of the minimum trade amount on our platform. . Trade instructions are shown to a buyer once a trade starts. Sending Bitcoin from one Paxful wallet to another is instant. We've upgraded the way addresses are displayed in your wallet. The Bitcoin you sent may not appear immediately in the recipient's wallet balance but that doesn't mean that the funds are lost. Your API secret from the https://paxful.com/account/developer page: When you receive a service address verification request, you should take the "X-Paxful-Request-Challenge" header from the request then put it into the response. Keep trading safely and fairly in the marketplace and maybe your offer will be featured someday! These fake emails may even try to trick you into providing personal account details over social media. You can check this by going over your. Find an offer on our Buy Bitcoin list.