Paxful
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User Reviews
AnitaV rated ★ ★ ★ ★ ★ (4/5)
Reliable for cash trades in the Philippines. Meet vendors in person, release via Paxful escrow. Zero scams in 50+ trades
BTChink rated ★ ★ ★ ★ ★ (5/5)
Only platform where I can trade BTC for Amazon gift cards in Pakistan. Saved me during financial crises
itsLeah rated ★ ★ ★ ★ ★ (5/5)
Built a side hustle selling BTC for Apple gift cards. Paxful’s vendor tools are simple, and volume is steady. 4% profit margins after fees.
ciaR3 rated ★ ★ ★ ★ ★ (1/5)
Paxful closed my account after one dispute, claiming ‘TOS violation.’ No appeal process. Lost $200 in BTC with no recourse
CarlosYuki rated ★ ★ ★ ★ ★ (4/5)
Venezuelan here—Paxful is a lifeline. Trade bolivares for BTC via bank transfer when no exchange works. Just avoid new sellers.
itzderek rated ★ ★ ★ ★ ★ (3/5)
Great for niche payment methods (like Venmo or Western Union), but liquidity is low. Sometimes wait hours for a seller to respond
naolady rated ★ ★ ★ ★ ★ (2/5)
Got scammed by a vendor using fake PayPal receipts. Dispute took 2 weeks to resolve. Paxful sided with me, but the stress wasn’t worth it
luisRaj rated ★ ★ ★ ★ ★ (1/5)
Account frozen for ‘suspicious activity’ after a $500 trade. No explanation, no support response. Lost access to my funds for a month
MPsteve rated ★ ★ ★ ★ ★ (4/5)
Paxful is my go-to for buying Bitcoin with gift cards in Nigeria. Found reliable vendors with 95%+ ratings. Escrow works well, but always check seller reviews!
About Paxful
Paxful is a global peer-to-peer cryptocurrency marketplace founded in 2015 to make digital assets accessible to anyone, anywhere. It allows users to buy, sell, and transfer cryptocurrencies like Bitcoin, Tether, and Ethereum directly with one another, supporting hundreds of payment methods ranging from bank transfers to mobile money and gift cards. By using an escrow system and strong verification processes, Paxful creates a secure environment for people to trade without relying on traditional banks or centralized exchanges.
After briefly halting operations in 2023 due to internal challenges, Paxful relaunched under new leadership and has since expanded its services, adding AI-powered support tools and enhanced protections against fraud. Headquartered in the United States but serving millions of users globally, Paxful continues to focus on financial inclusion by giving people—especially in regions underserved by traditional finance—a flexible and direct way to access and use cryptocurrency.
