Browsing Tag

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…
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To buy Bitcoin without verification you need to either 1) use a service that has KYC, but it does not fire 100% of times, or has minimal verification rules (e.g. phone and email) or 2) use a service that is anonymous by default. Regarding #1 - some services have KYC policies but they are…
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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.…
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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…
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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…
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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…
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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…
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