Once you have provided all the documents requested by the seller, click Paid. 6. The buyer does not pay a fee. These verification levels allow for different trading opportunities within the marketplace, and the verification process helps the security of the platform. The Paid button also provides security from dishonest or forgetful sellers. Login with existing account that has enough funds. This article gives you an overview of selling cryptocurrency using any of the supported cash payments. Once the trade has begun, a more specific set of. Browse through the list of offers. Paxful Pay PoS is a payment solution for brick-and-mortar stores to accept payments in cryptocurrency. You can take a tour of our platform by hitting. Paxful Wallet allows withdrawals to P2PKH,P2SH, andBech32 addresses. confirmations, give the transaction some more time to be processed (this can take up to 24 hours). Giving out personal information is how fraud and identity theft start. If you've only done one or the other, you won't be eligible for the Trader Program. Click on the username on any page (offer list, trade chat, past trades in your dashboard, etc.). Any additional proof as requested by our moderators. From there, the merchant will see a respective option within Paxful Pay PoS: For orders created in BTC it is possible to also show the equivalent amount in a local currency. There are a few different things you can do to protect yourself from chargebacks when trading in the marketplace: *Third-party payments are payments made by someone who the payment method/account does not belong to. Upon registering, you also get a free wallet to store the cryptocurrency you earn from trading on Paxful. Repeat the process once again to capture the backside of your ID card or Driving license. 7. Be sure to click the button only once youve paid to prevent complications. Paxful acts as an escrow, which ensures the safety for you and the seller. Prefer public places for trades in person. Refer to our. Now click the Release button. 5. These rates vary based on numerous factors such as your verification status, payment method, currency pair (such as USD, EUR, CNY), and order size. If you have used an incorrect address, go to. 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 fingerprint recognition fails more than 3 times - a pin will be required. 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. Merchants can choose to receive payments in USDT. 3. Once youve received the gold, you can release the cryptocurrency from the trade escrow. If user doesnt have any funds in their wallet, a list of trades will show up for the user and they will be asked to complete a trade. To get updates from your support ticket, you can email help . Feel free to discuss all the necessary details with your trade partner on the trade chat, and proceed with the trade accordingly. 4. Here are a couple of tips for your Bank Transfer offer: After creating and publishing your personalized offer, wait for a buyer to start a trade with you. 2. Thank you for your patience. This may happen because: If you started a trade on Paxful but the trade chat won't load or initialize, please follow the following steps to fix the issue: An "Invalid Parameters. This prevents you from having to query the API for changes to objects that may or may not have happened and helps you avoid reaching your rate limit. Its important that you do not give other users your contact information to do a trade outside Paxful trade flow. However, were hoping to open this up to other users soon. Choose a report type, write a detailed description in the Description field, upload any supporting images, and click Submit report. on Paxful. Here's what you need to know to complete the process. The buyer sees offer terms before he starts the trade. When searching for offers in the Marketplace, enter your search criteria, like the type of cryptocurrency you'd like to buy, your payment method and currency, and how much you'd like to purchase. Its a simple 3-step process and you should be able to have it up and running in a matter of minutes. A PDF of your bank/online account statement that shows the transaction, /screenshot of the online wallet transaction that took place. Youll also need to accept Paxfuls new terms for Bank Transfers to continue with an automated trade. Maintain a civil tone with your trade partners. Users located in Nigeria can now use their NIN (national identification number) to verify their identity and address on Paxful. The minimum trade amount is 10 dollars (also in other currencies). Asking someone to take only $33 only out of your $50). You need to ensure that youre proof of address (POA) verified, meaning that your address associated with your Paxful account has been verified. Click BUY NOW.You can click Take a Tour to receive a walk-through of the process in case you have any questions or doubts. Once this is done, wait for the buyer to mark the trade as Paid. Do not use third parties for payments. If the recipients wallet address is correct, go to the next step. What Do I Do If I Have a Transaction or Hedging Issue? These fees are called Network fees and. Paxful is a global peer-to-peer platform building a financial system for the 100% one #Bitcoin at a time. When all the toggles are blue, youre done! If you want to create your own offer, please see our article on creating offers. . The Report a problem dialogue box appears. Also, if you like trading with the user, you can add them to. How to Buy Bitcoin Instantly on Paxful Paxful 35.9K subscribers Subscribe 2.6K 269K views 3 years ago #BuyBitcoin #Bitcoin #Paxful Welcome to Paxful School! Youll also need to enter the amount you wish to sell and the currency you prefer. Click Show All or Any payment method field and select your preferred payment method to buy crypto on the dialog box that appears. 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. This status means that a trade has been cancelled. You'll now be able to find offers that have been verified by Paxful from trusted members of our community. Guides, technical issues. If the fingerprint scan is not working, just close the window and use a pin instead. In case you dont have an API key, insert the two-factor code in the field below and click Add new API key. Note that if there is a dispute, the moderator will take language into account. 2. . Click the. If youre on a personal network, like at your home, run an antivirus scan on your device to make sure its not infected. How do I use it? For starters, there are only two support options: Use a chatbot or submit a ticket. brick-and-mortar store and wants to buy goods. Youll also need to enter the amount of gold you wish to sell and the currency you prefer.Choose the best rate of cryptocurrency to have the highest profit possible. It is up to you to protect yourself from malicious users and obvious scams. Click the hamburger icon and choose one of the options from the list that appears. If you have scanned the QR-code, your wallet address appears on the screen of the app or ATM automatically. Once the transaction is initiated, youll receive your BTC in secondsno need to wait for confirmations, all transactions are final. Write clear offer terms and trade instructions. Paxful allows you to buy cryptocurrencies and convert money with your choice of over 350 payment methods, including gift cards, debit and credit cards, bank transfers, online wallets, and more. To set up 2FA with Google Authenticator (GA) follow the steps below: To troubleshoot 2FA via Google Authenticator (GA), visit our help center page. Once the buyer has paid you and marked the trade as. Both sellers and buyers can report a problem with a trade, regardless of whether the trade is successful or not. HTTPS header. As standard, there is no limit for attempts. We use BitGo as our wallet service provider, which is one of the most secure and high-tech services on the market. In the case of Cash In Person, the offer terms should provide a brief list of meeting preferences. Manual verification may take more than 2 days (2-7 days). The Paxful Bitcoin Kiosk is a secure and fully customizable widget that can be embedded into your website or social media account(s). Remember to only use gift cards you have bought yourself. Our moderators will definitely look into your case as soon as possible and reach out to you. . On each HTTPS request sent, we add an "X-Paxful-Signature"HTTPS header. Coin locking/coinlock is when a buyer uses the escrow to hold onto the seller's cryptocurrency without the intention to send payment and complete the trade. One of the reasons why your trade may not be completed at a fast rate is that the blockchain is taking time to confirm your trade. This will help to make sure that you will have a quick trade without any delays from the sellers side. , require full ID and address verification (for amounts higher than 50 USD per trade). 2. Also, if you like trading with the user, you can, Another important aspect to consider is your. 2. . After adding the store, it will be displayed within the app with a unique store link and auto-generated PIN code to be shared with staff. Confirm sending BTC to the buyer by clicking, If the trade expires, you can reopen it by clicking, for more information. You must be the actual payer and be the original owner of the submitted payment (Owner of the gift card, credit card, bank account, an account of online payment platform). For example, for gift cards, many sellers require a receipt showing that the gift card was bought legally and also to establish that you are indeed the owner of the gift cards. Here's a guide to help you: Before you begin, please ensure that you have verified your phone number. On the Security page, under Two-factor authentication (2FA)settings, choose Email. We have a trade escrow service so you know the crypto is there and waiting for you once you complete the payment. Note: Keep an eye out for these plugins we're working on adding: Magento, Shopify, Squarespace, and WiX. On Paxful, you can trade your cryptocurrency for gold. Once you meet the requirements we'll send a notification to your Paxful account letting you know! Well automatically share the buyer and sellers account details with each other instead. In case you want to buy crypto, see, . The rule requires money service businesses to communicate when users send money from one financial institution to another. Lightning is supported by many BTC wallets and exchanges and is usually used to send small amounts of Bitcoin (also known as micropayments). For further information on countries that have banned access visit here. This could be due to. Our moderators will definitely look into your case as soon as possible and reach out to you. 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. Once a trade has started, you will receive a notification. 2FA via Twilio Authy is set up. Here are some safety tips to help you protect your funds in the future. If youre selling, then the minimum is 0.001 BTC. To secure the marketplace, Paxful employs various protocols, such as escrow, to prevent fraud and make trades safe for everyone. If youre the buyer, youll need to click on the QR code link to visit your trade partners online wallet. If you would like to see your previous Bitcoin addresses, head over to the. The kiosk serves all customers globally outside of OFAC countries, just as our main platform does. Once you submit your materials, you will see the screen below letting you know you have completed your verification process. 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 crypto Wallet App is also the ultimate companion tool to Paxful, one of the worlds biggest peer-to-peer cryptocurrency marketplaces. Typically you can see that in the Receive or Deposit screen within your wallet. Additionally, heres a quick look at the Paxful fees.Why is a different wallet address showing up on the transaction?Since we use a custodial wallet, you may see a different wallet address listed on the transaction inputs, but don't worry, this is normal. (Please wait a couple of minutes before reporting). To create a new Paxful account: 1. Choose the best rate of cryptocurrency to have the highest profit possible. On the right side, youll see the built-in interest calculator. Missing Bitcoin Address." A: The increase will go into effect on December 15th (UTC 12:00). See our step-by-step guide on how to buy cryptocurrency and tips on how to buy cryptocurrency. Once the buyer has paid you and marked the trade as Paid, they will have 21 days to deliver the gold to you either by post or in person. 2. During a dispute, we also ask for any evidence that may help the moderator make a decision. Here you can see a snapshot of all your current offers which you can view and edit. You have entered an incorrect wallet address. Make sure your camera is working and placed correctly. Keep in mind that our interest rates may change from week to week. If the conversion service is down, the merchant will be paid in BTC. Awarded seller a dispute has taken place, and cryptocurrency was awarded to the seller of cryptocurrency. to receive a walk-through of the process in case you have any questions or doubts. also known as "bc1 addresses" start with bc1. AML refers to laws and procedures intended to prevent people from disguising illegally obtained funds as legitimate income. It can be shared publicly if you want other people to send you Bitcoin. n integration you can set up with your e-commerce/business website. If the sender has entered the correct recipient's wallet address, your funds will be recovered. 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. If youre buying Bitcoin, the current minimum is 10 USD or its equivalent in other currencies. Is there anything else I can do to earn extra money with Paxful? The guidelines we follow are to protect the Paxful community when a gift card trade is disputed. Your old bitcoin address is still valid and your coins are still there. 5. This means that wehave checked his documents and background.Additionally, check when the seller was last seen online on Paxful. Send and receive crypto in your own private cryptocurrency wallet that lets you transact with anyone at any time, anywhere. When selling cryptocurrency, you decide the price and the payment methods you'll accept. Usually, for cash trades, buyers should promise to provide a teller receipt. Lucas V. is back with another walkthrough of how to make the most of your #Paxful account. Ensure you have entered a valid bitcoin address. You'll receive your ticket number via email. From there, your earnings can be transferred to your main wallet without the $10 USD minimum, which has been waived. The integration allows you to add new payment methods, in addition to the ones you currently have. You can choose how you want to configure the link. leave this section blank while creating an offer. Confirm reading the warning by clicking I understand. However, you will still be able to do a. of all your funds from your Paxful account and send it to any wallet address you choose. This means that after youve received payment for your crypto your trade partner can request their funds back, if the third-party payment service allows it. The Paxful Wallet for Android and iOS makes it easy for users to send, receive, and store cryptocurrency anywhere and anytime. . By providing further information (as listed below), theres less risk of sending crypto to an unknown wallet address. Once the funds have returned, you can try the conversion again. Check out this article for more information on our fees. If your Bitcoin wallet address has changed, you shouldn't worry. While selling cryptocurrency some payment methods have an option to make a chargeback. If youre the seller in this case, then your cryptocurrency is safely returned back to your wallet. 4. Theres no type that matches your problem. Two-factor authentication (2FA) via SMS will no longer be supported starting November 14th, 2022. Another important aspect to consider is your ID and address verification. , visit our Help Centers section on Paxful Wallets. Wait for the moderator to join the dispute for investigation. The offer page always includes the rate of each seller. Here are several possible reasons why you may lose a dispute. Price negotiations are strongly forbidden. Once the buyer has marked the trade as Paid and attached proof of payment, check your own account to confirm youve received the funds. As a reminder, Paxful is not obligated to initiate or handle chargebacks and is not liable if a party reverses, charges back, or otherwise disputes a transaction via an avenue made available to the party through the payment method used in the transaction, including after a dispute is closed. Once youve filled that out, click Submit. What are the requirements to join the Trader Program? Choose if you'd like to create an account with your phone number or email address and create a password. Selling limits is the offered amount neither too low nor too high? If you had 2FA via SMS enabled, well be sending your codes to your email instead. To top it all off, we have some of the best cybersecurity professionals on our team that work around the clock to make sure our users and platform are safe from harm and hackers. Click the days of the week you want to select or deselect. When a seller starts an active trade with your offer, their cryptocurrency will be securely held in escrow. The buyer pays the order using their Lightning BTC wallet. To secure your account, we highly recommend setting your 2FA up with Google Authenticator (GA) or Authy. With Earn, you can add crypto to your. That keeps your app secure, preventing bad actors from causing mischief. This is the general/default dashboard where you can: This dashboard appears as soon as you create your first offer. For more information on how to buy crypto, list. Click the Release button only if you are absolutely sure about receiving the payment. 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. Example: bc1qar0srrr7xfkvy5l643lydnw9re59gtzzwf5mdq. 4. The most common reasons are: We also check the trading history of both parties to see if you were able to follow the trade instructions or offer terms of the previous trades.
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