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trade, once all the details have been settled, its time to meet up with your buyer. What are the benefits of the Trader Program? Obvious scamAnything that clearly violates common sense and our. 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. How does Paxful Work Paxful is simply a secure platform where individuals with Bitcoins sell their coins and those who need them buy. Sellers should mention what they expect and what you will need to provide. If youre the seller in this case, then your cryptocurrency is safely returned back to your wallet. Proof of ownership (transaction receipt, receipt from the store of the gift cards, online receipt. Youll receive a notification once the withdrawal is complete and youll see the withdrawal reflected in your transaction history. Weve also introduced new Offer Terms for Bank Transfer trades, which have been set by Paxful. 12,000+ You need to verify your ID in order to use Earn. Also, consider using a bank that can easily provide proof of payment, with all of the details visible on one page or pdf file. Does that still stand? The Paxful Wallet for Android and iOS makes it easy for users to send, receive, and store cryptocurrency anywhere and anytime. Click the. Have problems with your two-factor authentication (2FA)? It usually takes 12 confirmations (it can take up to 30 on some platforms) for your transaction to complete, so hang tight! Be understanding to buyers as some of them may lack trading experience. The integration allows you to add new payment methods, in addition to the ones you currently have. You can always cancel the trade by clicking the. You can create as many Bitcoin addresses as you want and use them any number of times. The resulting signature is unique to each request and doesn't directly contain any secret information. You will be asked to enter a 2FA code for security purposes. Our moderators will definitely look into your case as soon as possible and reach out to you. So, you've decided you're ready. Youll be notified about your application in just a few minutes! When all toggles are blue, youre done! The tracking number issued by the parcel service (in case the gold is being shipped to them directly). If you as a buyer make the payment but the seller refuses to release your crypto, the secure escrow serves as a guarantee. ), Any additional screenshots that prove you completed the transaction, The best way to resolve a trade issue is by. If you want to upload a file from your device. There are eight statuses your trade could possibly have: a trade has started, and funds have been transferred from the sellers wallet into trade escrow. This rule applies both to e-codes and physical gift cards. Step By Step Guide : How to use Paxful - YouTube If you click the Paid button and you havent paid, the seller might think youre a coin-locker or someone trying to scam them. Paxful Pay is fully compatible with WordPress websites and can be integrated easily using the Paxful Pay Woocommerce plugin. Please visit our help center page on verifying your account for additional help. 2. Missing Bitcoin Address." Make sure that this app or exchange supports Lightning transactions. If the recipients wallet address matches your wallet address, go to the next step. You can also sell on Paxful for a fee to bitcoin buyers, making even more! Make sure that the funds were sent to the correct wallet address. Chargebacks can happen with some payment methods even after a trade is done. Please enable Cookies and reload the page. You can also always check your Bitcoin transaction status. 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. Look for Bitcoin (BTC) currency under Assets and click RECEIVE. On the ID verification page, click Start.The Submit identity card page appears. Here is how our request header should appear in your payload (this is a Webhooks service example in, 1. Its important that you know what the minimum trade amount set on Paxful. Some payment methods on our platform have automated trade flow. A QR Code is a machine-readable code made of black and white squares that help make your online wallet trades faster and easier. 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. With other cash payment methods, the payment process itself is usually quite simple. Paste the invoice you received or scan the QR code. Similar to LocalBitcoins, Paxful allows a wide range of payment methods and buying options which can't be found on traditional exchanges. Making a chargeback or reversing the payment after it has been processed. When a trade starts, the cryptocurrency from the sellers wallet is automatically moved into a temporary safe deposit account (escrow) where it will be held until the transaction is complete. Talk to your trade partner in the trade chat. Here's how to troubleshoot 2FA via SMS, Authy, or Google Authenticator. DO NOT! use Paxful.com if you Like your Money : r/paxful - Reddit You can leave the Anyamount field empty if you do not have any specific amount in mind. If youre looking to deposit ETH into your Paxful wallet, check out the steps below to get started: Log in to your Paxful account and head to the. This will get you up to speed in no time. Release time may not exceed the time stated in your terms. Set a margin you find profitable and agreeable as no negotiations are allowed during the trade. Refer to our. As a part of the process, your users will need to register as Paxful users, but you as a merchant can make the process smoother by providing the user email together with the generated URL so it would be pre-filled for users. If you want to create your own offer, please see our article on creating offers. There are several levels of verification that you can complete. Fill in the fields on the ID verification form. Enter your Paxful wallet address into the app, website, or ATM. Offensive language and disrespectful tone are not allowed on our platform. And finally, read through the, To sell cryptocurrency for gold, you can also. Log in to your Paxful account and click Wallet. This guide explains how to report a chargeback if it happens to you. Webhooks allow you to receive real-time HTTPS notifications of events on the Paxful marketplace. If youd like to use the old Bank Transfer process and set your own offer terms, choose Other Bank Transfer as your payment method. If you dont get the chance to change your settings, starting on November 10, well be sending your codes to your email instead of SMS. The Travel Rule was created to better understand where users are sending and receiving cryptocurrency from. With Paxful, you can use over 400 payment methods, including PayPal and other eWallets, prepaid debit cards, and gift cards. this fee depends on the payment method you choose. On Paxful, we have our dispute system through which conflicts between our users are settled in the fairest way possible. Although its rate can fluctuate a bit, it maintains a 1:1 representation of the US Dollar on the Ethereum blockchain. 9 Best Crypto Platforms To Buy Bitcoin With PayPal We recommend taking a look at the guide we put together to help prevent issues like this in the future. Thats it! Here is some more informationon how to sell cryptocurrency on Paxful. Note: Trade limits and wallet send out limits are tracked separately. 5. Account - Paxful Help Center Read more here: Why did I lose a gift card dispute? If fingerprint recognition fails more than 3 times - a pin will be required. Not all payment methods and regions are available with this feature right now. With each new level of verification, heres a glimpse of what youll unlock: Please visit our Help Center for more information on the verification process. Make sure your camera is working and placed correctly. If you lose a dispute, it could be for several reasons. Note: Lightning is only available on Paxful's web version, but we're working on getting it on the mobile app soon! When taking your selfie, please allow camera access as seen in the image below. 1. The buyer pays the order using their Lightning BTC wallet. You can buy crypto on Paxful in 3 simple steps: You see a seller you like, start a trade You send the payment and wait The seller sends you the crypto How do you know that the seller won't run away with your crypto? You can still login using your phone number on our web version of Paxfuleven on your mobile device. Once you've completed the required number of trades and your account is in good standing, you can contact our support team. If you click the. 5. Note: If youd prefer to stick with the old Bank Transfer process, choose Other Bank Transfer as your payment method. When a seller starts an active trade with your offer, their cryptocurrency will be securely held in escrow. Application programming interfaces (APIs) are for developers or businesses that want to create applications to connect with Paxful. 2. Bitcoin is a digital currency in which encryption methods are used to regulate the generation of units and transfer of funds, operating independently of a central bank. But were doing this because we sensed something fishy. Note:The resulting signature is unique to each request and doesn't directly contain any secret information. Wait for the moderator to join the dispute for investigation. Note: You can add as many stores as you want to Paxful Pay PoS. If your image does not pass our verification process, you will see the screen below and need to try again. Be understanding to buyers as some of them may lack trading experience. Check our tips for selling cryptocurrencyfor more information. How To Change Language On Paxful App 2022? - YouTube Select Bank Transfer as your payment method, then choose the currency youd like to transfer and select the country where your bank account is based. On the. Make sure you receive a receipt or take a photo or screenshot of the confirmation to use as proof of payment. In case of success, your photo will be sent automatically to our Verification Team. Created Jul 25, 2015 9.3k P2P finance advocates 4 That keeps your app secure, preventing bad actors from causing mischief. , and they allow users to trade cryptocurrency. If youve not added a bank account yet, you can do so here. Fill out the necessary details to help us better understand your concern. Click Next Step when youre done. Youll be expected to turn your offer on again and update the terms and instructions so it doesnt fit the criteria mentioned above. Before you start buying cryptocurrency with gold, make sure you have a. for the gold. The sooner a dispute is filed, the more resources our team will have to help resolve the dispute. 3. You must make sure that the buyer understands that the release of cryptocurrency may be reasonably delayed. This includes being rushed to complete trades, fake proof of transactions, coin locking situations, payment reversals, and phishing attempts. Here is more information on how you can start a dispute. If you already have a Paxful account and want to buy Bitcoin from the Paxful Bitcoin Kiosk, here's how to complete a transaction: For users who don't have a Paxful account yet, here's a step-by-step guide on how to buy Bitcoin using the Paxful Bitcoin Kiosk. What is Transfer to Bank? You can report a chargeback only for the following payment methods: Amazon Gift Card, Bank Transfer, MTN Mobile Money, PayPal, Zelle Pay. 2. Also, remember that any price negotiation is strictly forbidden. also known as "bc1 addresses" start with bc1. If youre receiving BTC in your Paxful wallet, the funds should arrive after two confirmations. ), Screenshot of the online wallet transaction that took place, Proof that the online wallet belongs to you (video recording of your online wallet account name matching the name on your Paxful account), Proof that your card was charged (video recording of your bank account name matching the name on your Paxful account and 10 days of transaction history and please make sure the date is visible), Audio recording of the conversation between you and your card provider confirming the transaction, Any evidence that you have that shows your cash withdrawal (bank statement, ATM receipt, etc. The offer list is updated according to your search requirements. This business web app allows you to safely trade with popular cryptosmost notably Bitcoinand also purchase goods and services through the app. There are some options regarding: A merchant can request any sum, but the minimum trade amount is 10 dollars (also in other currencies). Here are common questions about the conversion. 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. Brokering gift card codes is strictly prohibited on Paxful. You will be taken to the first Edit Offer page. On Paxful, we have our dispute system through which conflicts between our users are settled in the fairest way possible. The integration allows you to add new payment methods, in addition to the ones you currently have. Open a web browser and launch the Paxful webpage: on the top right corner of the main page. Also, do not forget to check for. Paxful doesnt charge a fee for receiving BTC via Lightning. Brokering gift card codes is strictly prohibited on Paxful. We'll also send an email to the address linked to your Paxful account. From there, you'll need to create your account with either your phone number or email address. Note: At the moment when the trade starts, the cryptocurrency rate is fixed and will not fluctuate. Ethereum is an open-source blockchain network on which companies can build products on. be ready to file a Police report in such cases. For USDT (Tether USD) we allow two send-out options from your Paxful Wallet: Ethereum (ERC-20 USDT) and TRON (TRC-20 USDT). Outside escrowThe vendor hints to complete a deal outside Paxful escrow. If a third party payment was sent, try to get as much information as you can about the account the payment was sent from, Take a look at your trade partners feedback history before starting a trade to make sure they arent getting feedback about chargebacks. Then decide how much crypto you would like to exchange and transfer to your bank account. The amount you can earn depends on the number of completed transactions. Click the Paid button only when you have actually paid. Dont flood the chat with messages as it may hold up the moderator. If youre on a personal network, like at your home, run an antivirus scan on your device to make sure its not infected. Store your cryptocurrency in our free Wallet and transfer coins to other Paxful wallets for free! Whether you choose the gold to be sent to you by mail or delivered in person, you still must ensure minimal risk. Well automatically share the buyer and sellers account details with each other instead. It will free their escrow and let them continue to trade with others who are interested. They go to the blockchain networks to make sure your funds are safe. Youll also need to accept Paxfuls new terms for Bank Transfers to continue with an automated trade. Start off by tapping open your paxful application from the app drawer and make sure that you're logged into. This must be frankly stated in your offer terms and trade instructions. 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. Once you make your buy or sell offer, you can easily edit the offer by following these quick steps: 1. All Paxful trades flow in a similar way. If you want to report an issue but your trade hasnt been cancelled yet, it is better to, If you come across an offer that is suspicious or in clear violation of our, Choose a report type, write a detailed description in the. Your code will be. Is there anything else I can do to earn extra money with Paxful? Discuss the necessary details with your partner using our trade chat and follow their instructions carefully. Installing these buttons are dependent on your site design. Once the transaction is initiated, youll receive your BTC in secondsno need to wait for confirmations, all transactions are final. Step 8. See our step-by-step guide on how to sell cryptocurrencyand our rules for selling cryptocurrency. Gold is one of the oldest known valuables in the world, and one that has consistently increased in value over time, despite the changes in the economy. If the fingerprint scan is not working, just close the window and use a pin instead. It will basically serve as an escrow plugin for your site and your customers won't ever think they left your website. Dont return the in-game item under any circumstances after you have received it. If youve already submitted a report, please give us some time to get back to you with our response. If youre not receiving emails from Paxful, heres what you can do to fix this: Check out our security guide for more information on how to protect your Paxful account. The user will be redirected to a regular trade screen. Here is an example of a Bitcoin wallet address:3F1tAaz5x1HUXrCNLbtMDqcw6o12Nn4xqXA wallet address can also be presented as a QR code. The integration adds a. that allows buyers to pay with payment methods such as gift cards, online wallets, etc. You can also submit a custom wallet provider name by choosing the option: Other. On the Face verification page, click Continue.Center your camera page appears. Report an offerIf you come across an offer thats suspicious or in clear violation of our Terms of Service, let us know. The gathered information is then communicated back and forth between the VASPs. You can see all of your active trades on your dashboard. Anyone who purchases cryptocurrency from a buyer located in India will be required to pay a 1% tax on the sale, regardless of where the buyer is located. r/Paxful Community for Paxful traders - Reddit Offensive language and disrespectful tone are not allowed on our platform. View your affiliate link and share it with your friends and network. 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. Make sure you are dressed decently and are not wearing glasses or hats. On the bottom of the trade page, click ! 4. So i locked my account, well now it says to contact support but when you go through the questions it will start all over again. message after clicking Send means that the BTC address is still being generated. This is important because if you had sent the seller the payment info such as a gift card code and the offer expires, then the escrow is released and you wont get your cryptocurrency. You can see all of your active trades on your. . Paxful does its best to give users the option to save on fees for USDT transactions, that's why TRON (TRC-20) Network was added. What are the requirements to join the Trader Program? To send funds from your Paxful wallet, you need to verify your. Pay attention to the percentage of negative feedback in relation to the negative and positive ones. To sell cryptocurrency with a cash payment, you can also create your own offer. No bank? Keep in mind that addresses are case-sensitive. If during a trade both sides agree to change the amount, a new trade must be re-opened for the correct amount. Reputation - an aggregation of the positive and negative feedback that you have received on Paxful. Easily send, receive, store, and convert Bitcoin and other digital currencies. Additional actions may be taken for severe or repeat offenses, such as being banned from Paxful or restricting the payment method. . We'd love to hear from you! Here's a guide to help you: Before you begin, please ensure that you have verified your, Log in to your Paxful account, hover over your username located on the upper right of the page and click. Log In to Your Account | Paxful Log In With Paxful IMPORTANT! Mark the trade as Paid, then confirm on the Self Declaration pop-up. See what our users have to say about us through our reviews! Find out what evidence you should provide during a trade dispute whether its via gift card, bank transfer, credit card, or other payment methods. They'll review your account and add the badge if you meet the requirements. If you selected the right file, click, 2. To enable automatic send-outs to your. You can set it up so the solution is embedded as an iframe right into pages so that visitors don't have to leave your website. The sooner a dispute is filed, the more resources our team will have to help resolve the dispute. During a dispute, we recommend that users of both parties adhere to our. If youre sending BTC to an external wallet, it usually takes six confirmations to arrive. Once the payment is made and confirmed, the seller can release cryptocurrency from escrow to the buyer, and this will mark the completion of the trade. You can check out the status of the transaction through Etherscan, . However, Make sure youve investigated the issue with your bank or wallet service provider. The solution is unique as transactions are handled through the robust Paxful platform trades (which are peer-to-peer). From there, you can copy your Ethereum wallet address or use the QR code. Remember that cryptocurrency transactions are final and irreversible. As a buyer and seller of cryptocurrency on Paxful, find out when is the right time to file a dispute to resolve an issue. This quoted price may include additional fees charged by the Stablecoin Counterparty and/or third-party fees necessary to facilitate this transaction. We have a tailored and customizable KYC system based on third party software Jumio. Click Choose another file if you want to retry. To set up 2FA with Google Authenticator (GA) follow the steps below: To troubleshoot 2FA via Google Authenticator (GA), visit our help center page. If your GA codes dont work, it might be because the time on your Google Authenticator app is not synced correctly with your device. Malicious traders On Paxful, there are a few red flags you'll need to look out for. After reading through the offer terms and confirming that you agree with the conditions, its time to start the trade. If the sender has entered the correct recipient's wallet address, your funds will be recovered. Beginning a dispute brings a Paxful Moderator in to help with the situation. A new caution dialog box appears. You can find the current interest rate in the Deposit section of your Earn Wallet. 8. 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.