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There are many exchanges out there, but the problem is that there are some countries that do not allow their citizens to buy digital currencies or Cryptocurrencies on the most popular exchange platforms such as Binance, Coinbase…etc.).
So, There remains a way of ways, and it is to buy from person to person or what is called the Peer-to-Peer (P2P) method. The guide gives you simple and easy-to-follow directions, so you can buy cryptocurrencies in any County you live in.
One of the most popular exchanges for crypto trading is Paxful Exchange, where you can Buy and Sell Bitcoins and other cryptocurrencies.
To help you get started, we’ve put together the ultimate guide on how to use Paxful for you—let’s get right into it.
Table of Contents
A brief about Paxful Crypto exchange
Founded in 2015, Paxful has grown to be one of the leading peer-to-peer Bitcoin marketplaces in the world. With 9 million users and over 350 payment options available on the platform, they have one simple mission: to provide financial access to anyone, anywhere at any time.
How does Paxful work?
With over 350 payment methods available on Paxful, you can buy and sell Bitcoin for basically whatever you want. They’ll connect you with one of the thousand trusted traders available, all you need to do is pay them using their preferred payment method, mark the trade as paid, and they’ll take care of the rest. Ready to get started? Let’s create your account.
Creating an account on Paxful exchange
If you feel that you’re ready, click here to open the Paxful website on your web browser.
1. Going to the Paxful website, to sign up
if you enter with Our referral link, We will get a commission, and you will get a free Bitcoin wallet to send and receive Bitcoin.
You will see a page like this below,
as you see, below
2. After you go to Paxful From there, you can create your account using either your phone number or email address.
Enter your email or phone number.
Enter your password.
Verify your account.
If you have a referral code, be sure to click on I have a referral code to receive all the benefits of getting your start as a Paxful referral.
This is Our link referral [Avatars], But you already have been invited through our referral link, so this box will be filled autmatique.
3. Click on your profile, then click Verify Me, as you see below
Note: Verification is not necessary in order to purchase your Bitcoin.
But in order to buy from trusted people and to have the possibility to buy or sell (trade)up to 10,000 USD, you have to verify your profile and this process does not take only about five minutes, at most.
4. Verify your ID card/Passport
After you choose the verification method.
Choose by phone/computer, then enter your information.
After you complete this task, your information will be verified in no more than a minute, then refresh the page.
After you refresh the page, check your inbox, and you will get a notification.
as we mentioned before, you can now buy or sell up to 10,000 USD, as you see in the picture below.
Buying your first Bitcoin
Now that you’ve got all the tools you need to get started, are you ready to buy your first Bitcoin? It may sound a little intimidating at first, but trust us, it’s a lot easier than you think.
The best thing about buying Bitcoin on Paxful is that you have over 350 ways to pay, zero fees are charged to the buyer, and you can start with as little as 10 USD.
Here’s how to get started to buy your crypto on Paxful step-by-step:
1. Head to the home page
Select Bitcoin as the cryptocurrency you want to buy, select from the 350+ payment methods available, and, optionally, input how much you want to spend. From there, click Find Offers.
2. Choose an offer on Paxful
As soon as you’re taken to the offers page, it’s time to find an offer that suits your needs and one that’s preferably from a reputable trader.
Here is an example of a reputable trader,
Here are a few things you should be on the lookout for:
Price
Shown as a percentage with an arrow either pointing up or down beside it, this is how much you’re buying the Bitcoin compared to the current market price(See below for how much Bitcoin is now in the market). Additionally, you can also see how much Bitcoin you’re getting on the dollar by looking at the USD value beside the price.
Offer limits
Shown as a range, this refers to how many traders are willing to sell, so make sure that how much you want to spend fits within this range.
Offer description
Shown under the payment method, the offer description gives you a brief idea of how these sellers want to be paid. Make sure that your preferred payment method matches theirs so that the trade goes smoothly.
For example, if you need to pay with PayPal, search for those who sell with PayPal.
Feedback score
Shown as a green thumbs-up icon and a numerical rating, the feedback score of each trader gives you a brief idea of how reputable they are. If you want to dive deeper into their profile, you can click on their name to see feedback from their previous trades.
Seller availability
Before ever starting a trade, make sure that the seller is available. If they’re inactive, it may take a while for the trade to be completed. You can check this by seeing how recently they were online, shown under their feedback score.
Badges
We’ll be pinning offers from some of our most trusted traders at the top, so be on the lookout for a Featured or Trusted badge on their offers. Additionally, you can filter the offer page to show only trusted traders by turning Paxful Verified Offers Only on.
3. Start a trade on Paxful
As soon as you find an offer you like, click on the Buy button to get a full overview of the offer. If everything looks good on your end, you can enter the amount you want to pay and click Buy now.
When the trade starts, politely greet your trade partner, and they should send you a specific set of instructions to follow. Make sure to follow them carefully so that the trade goes as smoothly as possible.
After sending in your payment, remember to mark your trade as paid. This will shift control over to the seller, so give them a few minutes to confirm your payment. As soon as it’s confirmed, they’ll release the Bitcoin from escrow into your Paxful Wallet.
After that, you can swap that amount where you need it (meta mask, coin base, Binance, or other exchange.....etc.).
Congratulation! 🎉🎉🎉🎉 You did a great job,
From there, the trade is complete and all that’s left to do is to leave feedback for your trade partner! In order to help others, who will buy after you. (optional)
If this article was helpful to you, or if you have any questions, please leave us a comment and we will answer you as soon as possible.
Affiliate Disclosure: With full transparency—some links on this guide are affiliate links, if you use them to make register we will earn a commission at no additional cost to you (none!).
