What is Paxful ?
Paxful is a well-known peer-to-peer cryptocurrency trading platform that aids the connectivity between buyer and seller. The most profit making part of Paxful is that it provides more than 300 payment options for the users.
Services in Paxful
1. Buying Bitcoins - If the user want to buy the cryptos in the paxful, Then choose the amount of bitcoins and then choose the seller for the trading.
2. Selling Bitcoins - The seller can post a advertisements about their trading process.
3. Escrow Service
How Paxful Works?
1. Paxful is a escrow based peer-to-peer trading platform. First of all, the user have to register/log in into the account & then submit any of the document for the verification.
2. In the paxful exchange, users can view all the available sellers informations about their advertisements & also see the seller's history and feedback rating.
3. And then choose the seller for trade by clicking the "BUY" button & then choose the amount they wish to buy with.
4. The Escrow service is activated, after that the chat window is enable for the users to communicate with the seller about the trading process.
5. If the seller accepts the trade, fiat exchange is done by the buyer. Then seller clicks the "I receive payment" option. Then, the crypto is transferred to the buyer’s wallet from escrow. The transaction is completed.
How can you start a crypto exchange like paxful?
If you have an idea to start a crypto exchange website like paxful, Using the paxful clone script to start an exchange like paxful.
Paxful Clone Script is a website script that consists of all the default features of paxful exchange.
BlockchainAppsDeveloper is a prominent cryptocurrency exchange website development company provides paxful clone script with many advanced features.
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