Paxful Services
Paxful offers their marketplace service in two forms:
- On their website via an easy to use form
- Via a 'virtual kiosk link' that any person or website owner can use.
The virtual kiosk is basically Paxful's affiliate program, allowing people to spread the word about Paxful while generating a 2% revenue from any amount bought.
Paxful also offers 'Pay with Paxful', a payment processing feature which can be added to websites. This allows merchants to accept any one of Paxful's 300+ payment options via a Paxful widget on their website.
How to Buy Bitcoins on Paxful
- Choose the amount of Bitcoins you want to buy
- Choose the currency you want the exchange rate to be in
- Select a payment method (there are dozens)
- Choose a seller and click 'Trade'
- Follow instructions for payment and click 'Mark as paid'
- Wait for the seller to release the Bitcoins
It's worth mentioning that some trades can be concluded instantly while others might take longer, depending on the payment method and whether the seller is online or not.
Paypal and gift cards, for example, are instant. Bank deposits, Western Union and Moneygram can take some time, as you must leave your home to their branch to deposit cash.
Escrow
Paxful also provides an escrow service for all Bitcoin transactions. Once a buyer finds a seller and the offer is accepted by the seller, the Bitcoin are automatically moved from the vendor's wallet to escrow.
At this point, the seller can't cancel the trade. However, the buyer has a limited time frame to deliver the money to the seller and mark the payment as 'complete. If the buyer fails to do that in the given time frame, the deal will be auto-cancelled and the Bitcoin will be returned to the seller's wallet.
When both the buyer and the seller have verified that the transaction has been confirmed and all the terms have been met, the money will be released to the buyer's wallet and the deal will be concluded.
If at any point there will be a disagreement between the two parties, the process will move along to dispute.
Paxful moderators will then investigate all the info, consider all the available details and finally make a decision to whom the bitcoins will be awarded.
Having said that, in most cases transactions go through smoothly thanks to Paxful's intense moderation that clamps down on potential scammers.
Currencies and Payment Methods
Paxful deals with the buying and selling of Bitcoin only. Since the money is sent directly to the sellers, the site itself doesn't hold fiat currencies for users.
Sellers on Paxful accept over 300 payment methods, with the most popular ones being credit cards, PayPal, Amazon gift cards, wire transfers and Western Union.
Keep in mind that different payment methods will result in different exchange rates. For example, non refundable payment methods (bank transfers, cash) will usually have lower exchange rates while payment methods that allow for chargebacks (i.e. credit cards, PayPal) will cost more.
Paxful Fees
If you're buying Bitcoins on Paxful, you won't have to pay any fee to the site itself. Different sellers, however, may charge fees or a premium, depending on your payment method as I've stated before.
Sellers on Paxful pay a 1% fee to the company.
Additionally, there are normal Bitcoin network fees which are paid by the sender, in order to transfer money through the network. These fees do not go to Paxful but to Bitcoin miners.
Buying Limits
Paxful has 4 verification levels, each one with different limits:
- Level 1 - Email and phone verification. Limit is ,000.
- Level 2 - Level 1 requirements + ID verification. Limit is ,000.
- Level 3 - Level 2 requirements + address verification. Limit is ,000.
- Level 4 - Level 3 requirements + enhanced due diligence. No limit for this level.
Users from the US are required to complete levels 1, 2 and 3 to trade on Paxful at all, while users from the EU and Canada must complete at least levels 1 and 2, as well as 3 if they wish to withdraw any funds.
Paxful Coupon Codes
If you're looking for coupons at Paxful, then you'll be here at the right place! We update daily our coupons and offers, we search for you the best Paxful Coupon Codes and offers, you will always save on your online purchases with our coupons. At the list on top of this page, you'll see all the offers, coupons, promo codes and discounts currently available at Paxful. Easy, right? This listing was last updated on 18 April 2024.
We want to help our loyal visitors as much as possible to get a discount at as many online webshops. Therefore, beside Paxful, we have over 20'000 other online webshops located in the USA on our website with a wide range of Coupon Codes, offers and promotional codes. For example, check out our Champs Sports Promo Code or Charlotte Russe Promo Code, they have daily new offers and coupon codes.
There are mostly several Coupon Codes available. Just think of a free shipping code or a code that gives a certain percentage of your order. Some Coupon Codes are for a specific product, other promotional codes give you a discount on the entire assortment. It is a surprise every day, which promotional codes offer the webshops, but in any case, they will find them here on our website!
Our Top 5 stores in Bitcoins:
How can I use a Paxful Coupon Codes?
A promotional code or promotional code from Paxful can be used in two ways. The first way is by simply clicking on "SHOW CODE", copying the code, and then pasting it into the shopping cart of this webshop. The other way is by clicking on 'VIEW OFFER', after which you will be redirected directly to the webshop and the discount will be applied automatically.
Most Promo Codes can be used, but we also offer promotional codes and offers from stores and brands abroad like Europe, China or Brazil. This way you will find the best bargains worldwide!
To make at for our visitors as easy as possible, we've selected the best and most advantageous Coupon Codes from Paxful and put them on top of the listing. This way you save time, because you see all Coupon Codes in a handy overview. So, if you're going to buy with Paxful Coupon Codes, we recommend using a coupon code or offer from our website, so you can enjoy more online shopping! And the most beautiful of everything? All of our Coupon Codes can be used for FREE!
You do not have to register for coupon codes Paxful Coupons, but we recommend you sign up for our newsletter. That way, you get the latest Coupon Codes, offers and special bargains in your mailbox. We select the webshops with the most beneficial actions for the newsletter, so you can also get acquainted with new online stores.
What is a Paxful Coupon Code?
A coupon code from Paxful is an alphanumeric code that you use to get the discount on your order. These Coupon Codes are also called coupon code, promotional code, discount code, promo code or coupon. Webshops from around the world use these types of codes to give discount to their customers on certain products or orders.
FAQ
What are the promo codes and offers currently valid for Paxful at April 2024?
Right now, there are Coupons codes and 10 offers available for Paxful:
Special discount on the sale of bitcoins (any form of payment)
Earn Crypto with Paxful
Special discount to create your own Offer
Over 350 ways to buy and sell Bitcoin at Paxful
How often does Paxful release new coupon codes?
Lately, we've discovered a new discount code from Paxful every 30 days. Over the last 90 days we've found new coupons from Paxful.
How much can I save by using a coupon at Paxful?
With the best discount we've found, you can get up to a . Paxful shoppers have saved already 29 times at checkout.
How do I get the latest deals from Paxful?
Subscribe to 1001promocodes.com's email alerts for Paxful and we will email you notification every time we discover a new discount code. If you can't find a working coupon code right now, subscribe and receive the latest deals as soon as we discover them.
Are there any active Paxful coupon codes at this time?
Yes! Right now on 1001promocodes.com, you can find coupon codes for Paxful that are verified and working. Paxful coupons and promo codes found on 1001promocodes.com have been used 29 times, equalling lots of savings!
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