paxful

First things first, buying Bitcoin with PayPal sucks. That happens mainly due to how different both payment methods are. Bitcoin is a trustless, irreversible, anonymous payment method, while PayPal is a strictly regulated electronic money transfer on top of credit cards and banks. PayPal…

Updated April 3rd, 2019 Banks and regulators are really cracking down on Bitcoin in 2019 but you can still buy it without ID verification. You will need to either use a) minimal verification services (e.g. asking for a phone #) b) services anonymous by default. First option is the easiest…

Localbitcoins used to be the go-to platform for anonymous Bitcoin purchases. Ever since they implemented KYC policies people started looking for alternatives. Paxful is another peer to peer Bitcoin marketplace, that is, it's a platform where buyers match with sellers to buy and sell Bitcoin.…

Owning Bitcoin is a matter of financial independence and sovereignity. Bitcoin gives a unique chance to store and manage your funds without surveillance or dependence on any third parties like banks. Even despite the current volatility and constant changes in Bitcoin price it offers a good way of…

Bitcoin price started to grow recently and there is a slight trend for recovery after the January-2018 market crash. This is how the BTC price chart looks at the time of writing: At the moment many of the early adopters and some in the general public wonder whether it's a good time to get…

A reddit user has reported that he was asked for an ID by the P2P Bitcoin exchange LocalBitcoins. The message says that the user has a "high transaction volume" and therefore has to provide an ID. The company blog has no announcements related to LocalBitcoins going full KYC/AML. It's hard to…

Updated August 21, 2018 As Bitcoin/USD exchange rate swings wildly, many have been interested in cashing out their Bitcoin. Well, not necessarily during the current correction, but maybe after BTC hits new highs in 2018. It's always good to be ready to withdraw some of your Bitcoin to cash. Let's…

Considering the recent Litecoin price spike we can say with confidence: altcoins are here to stay as an investment. Altcoins is a term that generally means all cryptocurrencies other than Bitcoin. The term is a bit obsolete because previously Bitcoin was the only point of entry into altcoins, which…

As Bitcoin was conquering $10K and $11K prices at the end of November 2017, more and more people wanted to buy it. As a result some of the most popular Bitcoin brokers and exchanges experienced server problems. Coinbase was down and then on and off on November 29-30th: Vast majority of traffic…

Paxful is a peer-to-peer online marketplace with a built-in escrow mechanism. Bitcoin sellers list the amount of BTC they are willing to sell and the payment methods they accept and Bitcoin buyers search and select the offer they are interested in. Both parties exchange payment details and then…

To set the terminology straight, Paxful is a peer-to-peer marketplace, while Coinbase is a broker that is allowed to send you Bitcoin. This is pretty much where all the differences come from. What Paxful does is match buyers and sellers that agree upon the price and payment method, where…

If you are wondering how to buy Bitcoin or any other cryptocurrency without getting scammed, cavity checked by government or left hanging with a slow transaction - this post is for you. This guide is absolutely newbie-friendly. First, buying any other cryptocurrency (e.g. Ether, Litecoin or…