For more information about this change check out our blog post. USDC is a stablecoin that keeps its value around the 1 USD mark. Click a time box and select a time from the drop-down list that appears. The last step will be for the cryptocurrency seller to confirm receiving the payment. What should interest you the most is how much you, button, the countdown timer stops and the order can no longer expire. Dont take the risk by transacting outside of Paxful trade flow as it isnt protected by, The first step to buying cryptocurrency for game items is to look for an offer that accepts. In today's video, I'm going to show you how to change your username on Paxful.Open your Paxful application first. Our Kiosk extends this freedom to digital currency exchanges to help their customers fund their accounts with bitcoin. Up to 1,000 USD per month for free (between all cryptocurrencies), After 1,000 USD is reached, a fee of 1 USD or 1% of the amount being sent, whichever is greater, is applied, Dynamic Ethereum or Tron network fee + Paxful Wallet fee, $0 - $9.99 = 1 USDT fee$10 - $19.99 = 2 USDT fee$20+ = 5 USDT fee, Dynamic Ethereum network fee + Paxful Wallet fee, $0 - $9.99 = 1 USDC fee$10 - $19.99 = 2 USDC fee$20+ = 5 USDC fee, $0 - $9.99 = 0.0005 ETH fee$10 - $19.99 = 0.001 ETH fee$20+ = 0.002 ETH fee. Alternatively, click View offers for all payment optionsto see the list of all payment methods available. Hover over your username on the top right of the page and click on the, To verify that 2FA via email is turned on, make sure it says. The, button also provides security from dishonest or forgetful sellers. While some payment methods may be restricted based on where you live, you'll still have plenty of ways to trade in our marketplace. When sending or receiving BTC via Lightning on Paxful, your Paxful BTC Wallet will be used and you can use that BTC to do everything you already do on the platform. Additionally, heres a quick look at the. Paxful allows you to trade cryptocurrency for in-game items from popular video games such as skins, weapons, game balance, and more. Make your money work for you. Keep reading to see how you can use the functionality. After the trade is completed the user will be directed to their wallet and ask password for wallet transfer. Note:The resulting signature is unique to each request and doesn't directly contain any secret information. Once you meet the requirements we'll send a notification to your Paxful account letting you know! Once youve received the item and the buyer has marked the trade as Paid, you can release the cryptocurrency from the trade escrow. go to Paxful. Tip: Do take a screenshot of your proof and keep it as it may be useful in case of a dispute. Youll also need to enter the amount you wish to sell and your preferred currency. Then decide how much crypto you would like to exchange and transfer to your bank account. While trusting users is the way to build a healthy trade relationship with decent traders, blocking is for the contrary. With Earn, you can add crypto to your Earn Wallet, and in return, youll receive interest every week. However, you will still be able to do a one-time withdrawal of all your funds from your Paxful account and send it to any wallet address you choose. Enabling Two-Factor Authentication (2FA) can greatly enhance your account security. We support Webhooks for the following events: Note: Make sure your service is ready for receiving Webhooks. You may encounter an "Unknown Bitcoin Address" error message when sending Bitcoin to an external wallet. . Here are a few things to keep in mind: Once youve created and published your personalized offer, wait for a seller to start a trade with you. For those who use a combination of 2FA via SMS and Google Authenticator or Authy, your codes will be redirected to Google Authenticator or Authy instead. Stay tuned for updates. But were doing this because we sensed something fishy. Paxful is a peer-to-peer cryptocurrency marketplace where people can meet and safely trade crypto using over 300 payment methods. If this does happen, here is what you can do: 1. - Your face is well lit and in full view of the camera- Dont wear anything that might block any part of your face. Click Any currency and select your currency from the list. Once you accept the offer and move to the trade chat, make sure you: - Stay on the platform - Don't share any info you're not comfortable with - Send proof of payment - Start dispute if necessary. 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. The tracking number issued by the parcel service (in case the gold is being shipped to them directly). Even if you don't select a currency, it will be auto-selected based on a visitors location with 99% accuracy. You can also sell on Paxful for a fee to bitcoin buyers, making even more! Your dashboard is the hub to track all your activities on Paxful and allows you to access all the information you need. This digital wallet is where you will store all of your hard-earned cryptocurrency. Dont return the in-game item under any circumstances after you have received it. Coin locking or holding a seller's cryptocurrency in escrow without the intention to make the payment and complete the trade. After receiving your report, well do our best to solve the case. If you decide to use your own private source or to deliver the gold in person yourself, you still must ensure minimal risk. This article will show how to sell cryptocurrency with our automated Bank Transfers. The Paxful Bitcoin Wallet app is the ultimate companion tool to our platform. If you see a featured offer in the marketplace, it could be from: Were not taking requests to feature offers right now. Verify that your Paxful wallet balance reflects the purchased BTC. The rule requires money service businesses to communicate when users send money from one financial institution to another. Malicious traders On Paxful, there are a few red flags you'll need to look out for. HTTP addresses will not work for this purpose. For more security, check all the toggles under the Enable 2FA column. Its important that you do not give other users your contact information to do a trade outside Paxful trade flow. On Paxful, you can trade your cryptocurrency for gold. And finally, read through the. We also have an escrow feature in place where the crypto being traded is safely held until the trade is complete. , you may be unable to access Paxful at this time. Also, remember that any price negotiation is strictly forbidden. Paxful Pay - Buyer's Perspective - Existing Users, Paxful Pay - Buyer's Perspective - New Users, https://developers.paxful.com/documentation/paxful-pay, Paxful Pay WooCommerce Plugin: Installation And Configuration Guide. 1. . Merchants can choose to receive payments in USDT. Log into the app with your Paxful credentials. Created Jul 25, 2015 9.3k P2P finance advocates 4 Whats more? Once a trade has started, you will receive a notification. 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. , the offer terms should provide a brief list of meeting preferences. Have problems with your two-factor authentication (2FA)? Merchants have a complete transaction list available on their Paxful Merchant Dashboard. Click Create an Offer on the Paxful homepage. For starters, there are only two support options: Use a chatbot or submit a ticket. Step 8. Consider including FAQs sectionthink what questions trade partners may ask. Check your bitcoin wallet. There is no network fee for internal transfers (you have 1000 USD worth of free internal transfers each month). You can also lose your Trader Program status if you break our Terms of Service and/or compliance requirements. This quoted price may include additional fees charged by the Stablecoin Counterparty and/or third-party fees necessary to facilitate this transaction. Make sure that you are sending Bitcoin and not any other cryptocurrency (Litecoin, Bitcoin Cash, Ethereum, etc.). Upload the downloaded zip file by using the, Under Payment Methods, find Paxful and click, Setup Merchant properties such as Merchant Id, API key, Secret key, Event Callback URL, Redirect URL and click, A secret key is created and displayed once after the creation of the merchant in, The Event Callback URL and Redirect URL needs to be set correctly for order status changes. Here you can change trade instructions, offer tags, offer terms, and other details. If you havent been using 2FA via Google Authenticator or Authy or your email is not verified on your Paxful account, please, feature is an exciting and simple way to gain more from the cryptocurrency you store in your wallet. Be clear about what proofs of payment you are willing to present for the gold you possess. If youre starting from the Paxful home page, clickRegister. For more information, check out. Do keep in mind though that messages to PaxBot will have to be in English. The seller of cryptocurrency pays the escrow fee only after the trade is successfully completed. 9. Reach out to our Support in case of any additional questions. On the bottom of the trade page, click ! Select Bank Transfer as your payment method, then choose the currency youd like to receive and select the country where your bank account is based. This article will give you an overview of the dispute resolution process. Read more about how to keep your information secure in our security guide. If youve not added a bank account yet, you can do so here. 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 common case of cryptocurrency fraud. This will get you up to speed in no time. Dont forget to leave feedback! you can withdraw any funds in your wallet. To sell cryptocurrency via Bank Transfer, you can also. For your Sell Offers, click on Offers to Sell. Verification - information if your email, phone, ID or address are verified, and you were verified as a trusted vendor. Webhooks allow you to receive real-time HTTPS notifications of events on the Paxful marketplace. When selling cryptocurrency, you decide the price and the payment methods you'll accept. extremely high margins), your offer may not be visible to other users. Weve put together a collection of best practices to help our team accurately process your disputes. Note: Gift card disputes may take up to three weeks to resolve. If this solution does not work, please check the, If the status is OK, please contact us for additional assistance via our. Be aware of the minimum trade amount on our platform. The address verification request doesn't contain the payload and request signature. On thebottom of the trade page, click Report a chargeback.The Report a chargeback dialogue box appears. 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. Cryptocurrency transactions are irreversible. Buying and selling USDC works the same as buying and selling Bitcoin on the marketplace. . Weve also introduced new Offer Terms for Bank Transfer trades, which have been set by Paxful. Price negotiations are strongly forbidden. Repeat the process once again to capture the backside of your ID card or Driving license. They go through a lot of tough customers and being polite can save you a lot of time. If during a trade both sides agree to change the amount, a new trade must be re-opened for the correct amount. Start by creating your offer as you usually wouldif you select an online wallet that is supported by this feature, youll have the option to upload your linked online wallet during the first step: In order to create an offer, you need to be ID-verified. 4. How escrow helps cryptocurrency buyers: If you as a buyer make the payment but the seller refuses to release your crypto, the secure escrow serves as a guarantee. Make sure to check the clock and set it to the correct time zone. Log in with a phone number feature is only available on the web browser version of Paxful and is not ready for mobile just yet. You can also lose your Trader Program status if you break our Terms of Service and/or, To maintain safe conditions within the Paxful marketplace, we take action on accounts that violate any of our. There are many services available for this, you can even use exchanges such as Kraken. There is an option on each password field to show the password. 2. For more information, check out the developer documentation here. If youd like to use the old Bank Transfer process and set your own offer terms, choose Other Bank Transfer as your payment method. Here's how you can verify your phone number on Paxful if you didn't create your Paxful account using your phone number. 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 your trade partner is trying to obviously scam you. 5. Continue the offer creation or editing flow as usual and click, On the offers list page, locate an offer of your interest and click. Please never withdraw money directly to ICO addresses or services not designed to accept USDT. If you decide to use your own private source or to deliver the gold in person yourself, you still must ensure minimal risk. I Sent Bitcoin from My Paxful wallet But It Doesn't Appear on the Recipient's Balance, Bitcoin was Sent to My Paxful Wallet But I Don't See It On My Balance. 2. Note:We have a timeout of 10 seconds. If you dont know to whom the address belongs to, you cant do anything else to retrieve the funds. For this reason, sellers of cryptocurrency are highly favored in such disputes. There are three chargeback report statuses: You can also report a chargeback through the Contact Form. 4. The user will be redirected to a regular trade screen. The entire block chain can be downloaded and openly reviewed by anyone, or you can use a block explorer to review the block chain online. To secure the marketplace, Paxful employs various protocols, such as escrow, to prevent fraud and make trades safe for everyone. You can also create your own USDC offersjust make sure youre ID verified! 4. However, you may encounter some specific cases depending on the payment method you choose. We'll see in this video, How to use Paxful wallet, Paxful is the poplar peer-to-peer marketplace to buy and sell bitcoin with 300+ payment methods. Trading on Paxful requires verification depending on the payment method used or the amount transacted. Never ask the seller to release the cryptocurrency first. We'll walk you through signing up with Paxful so you can trade and store various cryptocurrencies. Well automatically share the buyer and sellers account details with each other instead. button at the bottom of the left side menu. Q: Do I still have access to my funds from my referrals? You can leave the Anyamount field empty if you do not have any specific amount in mind. In case of success, your photo will be sent automatically to our Verification Team. Once all the info is updated click Update Offer in the right-hand column. Create unique trackable links in the track ID section. Once you deposit your funds, youll see the message below, and your funds will eventually be reflected in the left side menu. How do I add a new store to Paxful Pay PoS? Yes. This digital wallet is where you will store all of your hard-earned cryptocurrency. Look for either Ethereum (ERC20) USDT or TRON (TRC20) USDT. Offer owners can now set a schedule when offers are active to the public instead of deactivating them manually before logging out. How Can I Check the Status of My Ethereum (ETH), Tether (USDT) and USD Coin (USDC) Transaction? 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 an argument. Brokering is when you buy a gift card code from someone, thinking you can sell it later to someone else. We recommend using Authy as it's more secure. You can also attach proof of your claims if needed. When you send ETH, USDT, or USDC from one wallet to another, you can check the status of the transaction through Etherscan for ETH and USDC, Ethereum-based Tether (ERC-20), and Tronscan for Tron-based USDT (TRC-20). Click the. . Manual verification may take more than 2 days (2-7 days). You can choose how you want to configure the link. Warning: The quickest way to appeal a restriction of your account is by using our Contact Us form and choosing the following request type:Accessing and using my account > My account is banned, frozen, suspended, or on-hold. 2. A buyer of cryptocurrency must pay the exact price that is set for trade. Make sure your camera is working and placed correctly. Check out our community guidelines below. Choose the timeframe for your offer to be active on the public listing. Set a margin you find profitable and agreeable as no negotiations are allowed during the trade. What are the requirements to join the Trader Program? Apart from the various external indicators that can help you decide whether certain users are safe to trade with or not, you can also trust and block users based on your personal experience trading with them. Read more on how to write, If you have special payment-related procedures that may delay the release of cryptocurrency for a longer period, make it clear for the buyer. The amount transferred into the escrow is the. Paxful moderators resolve disputes by evaluating trade terms, offer instructions, evidence of payment, trade chat interaction, user reputation, past trading history, as well as data submitted and or collected in accordance with the. For Lightning transactions, there is an additional limit of $750 per transaction and $10,000 per month. n integration you can set up with your e-commerce/business website. I Have an Issue with a Trade but I Cant File a Dispute, What Information Should I Provide During a Dispute, Logging in With Phone Number on Mobile App. Your old bitcoin address is still valid and your coins are still there. Being polite is about a lot more than your language; its about following their instructions as well. Time limit will you manage to execute the payment within this timeframe? Before you start selling cryptocurrency for gold, make sure you have the means to check the quality of the gold before you make the payment. You can still send funds to another Paxful Wallet by using a Paxful username or wallet address. The new Travel Rule requires VASPs to securely gather specific information when a transaction is made between two VASPs. However, some payment methods are only available in certain countries: To help make the marketplace a safer environment, Paxful has placed restrictions on some payment methods in certain countries. The link and the PIN code should be copied by a merchant and shared with staff at the merchants discretion. The first step to selling cryptocurrency for gold is to look for an offer that accepts. On Paxful, you can trade your cryptocurrency for gold. Once this is done, wait for the buyer to mark the trade as Paid. You can also Turn Off your offers with the blue toggle button. Youll be shown how much youre buying and what you need to pay, as well as the sellers bank account details. Additionally, see how to send Bitcoin from your Paxful wallet and the details of Paxful fees. Some conversions will go through after a few seconds so hang tight! You will also receive an email with the result of your verification. Following the moderator's instructions and being responsive in the trade chat is important in resolving the dispute in a timely manner. 3. 2. 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. Click a time box and select a time from the drop-down list that appears. Heres everything you need to know about trading with gold. Its important that you know what the minimum trade amount set on Paxful. For a Cash In Person trade, once all the details have been settled, its time to meet up with your buyer. But some cases require the intervention of a third party our moderators. These offer terms are set by Paxful and outline how the trade should be carried out. They need to complete a trade with another person. On the menu on the left side of the page, click, 3. You can remove or change the latter two tags to suit your needs. Warning: Not all payment methods and regions are available with this feature right now. If you still dont have an answer after following the above steps, we recommend that you reach out to support. Here are the dispute options for sellers and buyers: 3. Paxful understands that gift card disputes can be quite challenging and we are continuously working towards solutions to make the trading experience safe and secure for all our users. To troubleshoot 2FA with Authy, visit our help center page. The resulting signature is unique to each request and doesn't directly contain any secret information. Paxful is a peer-to-peer cryptocurrency marketplace where people can meet and safely trade crypto using over 300 payment methods. Sellers with the best rating and reputation. Make sure your email is verified on your Paxful account. Find out how to troubleshoot issues that you encounter on your Paxful App such as fingerprint, sign-in, ID verification, and more. You are the person responsible for accepting and processing payments. Warning: Our Webhooks are supported by HTTPS address types only. When you find an offer you like, click Buy. Once you have submitted a dispute request, you do not have to contact our Support. It means that a buyer of cryptocurrency is sure that he has made the payment and has actually clicked the Paid button. (Reference the image below for more information.). At the moment when the trade starts, the cryptocurrency rate is fixed and will not fluctuate. If youre buying Bitcoin, the current minimum is 10 USD or its equivalent in other currencies. The Bitcoin you sent may not appear immediately in the recipient's wallet balance but that doesn't mean that the funds are lost. This is what to do if you encounter it: One solution to figuring out why you may be having issues on Paxful is to check our Paxful Status Page. When buying cryptocurrency from another user on Paxful, you are buying at a rate set by the sellers themselves. Its a simple 3-step process and you should be able to have it up and running in a matter of minutes. Keep trading safely and fairly in the marketplace and maybe your offer will be featured someday! Check out our coverage in renowned publications and learn about our Built With Bitcoin initiative. Paxful acts as an escrow, which ensures the safety for you and the seller. To sell crypto for game items, you can also. The higher the number, the more profitable the trade will be for you. Paxful is built for the people. If you have further questions on your dispute claims please reach out to our support team. On the next screen, you will be asked to upload your document to verify your address and identity. 4. If the image is clear, click Confirm. Note: Trade limits and wallet send out limits are tracked separately. Download the Paxful Wallet now from Google Play Store or App Store to put the power of Paxful in the palm of your hand! Another important aspect to consider is your ID and address verification. The signature is created by combining the signing secret with the body of the request we're sending using a standard HMAC-SHA256 keyed hash. See our step-by-step guide on how to sell cryptocurrencyand our rules for selling cryptocurrency. We also offer a competitive fee structure so you get to keep more of your money. Your earnings are stored as bitcoin in your Kiosk account. a buyer or a seller has willingly cancelled a trade. To secure your account, we highly recommend setting your 2FA up with Google Authenticator (GA) or Authy. pages to see a list of the current USDT offers. These buttons are optional and require basic coding to integrate into your site. Enter the 6-digit code into the field next to the QR code. USDC is a stablecoin that keeps its value around the 1 USD mark. Transfer the payment to the sellers specified bank account. This address is a combination of numbers and letters (both uppercase and lowercase) in no apparent sequence. For further information on countries that have banned access visit here. 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. When other people send Bitcoin to this address, it goes straight into your wallet.