Buy Bitcoin On Paxful Wallet

As the demand to purchase bitcoin grows, investors and traders look for different ways to acquire cryptocurrency. Many people start with a bitcoin broker such as Coinbase because it lets them purchase bitcoins quickly. Meanwhile, it comes with the added inconvenience of geo-restrictions and identity verification. You can also use the bitcoin trading platform to make a purchase decision. But, if you want to buy a bitcoin without the permission of the central authority, then you should Buy Bitcoin On Paxful Wallet.

Paxful is the bitcoin marketplace that is extremely different from the bitcoin exchange. If you access the bitcoin marketplace such as Paxful, you can purchase bitcoin from trusted vendors, contact our crypto. Paxful has more than thousands of vendors in their marketplace, and thus you can make the purchase easily. Since it charges you a minor network fee for accessing bitcoin’s blockchain network, you need not worry about anything. It offers a huge range of payment options such as online wallets, credit cards, etc. 

According to your needs, you can use these payment methods to purchase the bitcoin. When you use Paxful to buy bitcoin, you are secure and safe within their network. Since they perform a verification procedure for every seller, no scamming is involved when selling the bitcoin. You will also access added security features like 2-factor authentication and standard encryption facilities. Many people use the Paxful wallet to purchase bitcoin because of its convenience and added benefits. You can even contact with our Crypto Customer Care team to get complete guidance to buy BTC on Paxful wallet.

If you want to Buy Bitcoin On Paxful Wallet without experiencing any hassles, you need to read this blog until the end. It clarifies all your doubts and makes the purchase decision quickly.

Steps To Buy Bitcoin on Paxful wallet

Steps to Buy Bitcoin On Paxful Wallet

Paxful works on the peer-to-peer finance principle that enables you to purchase bitcoin for the lowest possible price. You can purchase bitcoin directly from people like you without banks. The best part of the Paxful is that you do not charge any fees for buying bitcoin on this platform/wallet. It means you will get more cryptocurrency for your money. Besides, you will trade other cryptos such as Ethereum for Bitcoin. 

Paxful wallet is protected with vault-level security, and thus you will be in a safe trading environment. So, you do not require worrying about anything unwantedly. Here are the steps to follow to Buy Bitcoin On Paxful Wallet.

  • At first, you should create and verify your account to get your free bitcoin wallet with 2-factor security. It is extremely easy to set up the account because it takes only a few minutes. You need a valid email address, ID and phone number to get started. 
  • Next, you should click the buy button from the main menu and choose buy bitcoin. It is time to set the amount you wish to spend, your preferred payment method and currency in the sidebar widget. It helps you find the best local or international sellers suitable for your requirements. 
  • After vendor selection, you should go through the vendor’s terms and press the buy button. Based on the payment method you choose, the seller will ask you to render the fund screenshot from your online wallet or a photo of the bank deposit slip. In some cases, the vendor will ask you to send the selfie holding the valid ID for security purposes.
  • Once you agree with the seller’s terms, you can set the amount of bitcoin you wish to buy in the widget. After that, tap on buy now to start your trade. Now, a live chat window opens where you will receive further instructions from sellers on how to complete the trade. Remember that you do not communicate outside of Paxful because a live chart records all messages and protect you whenever confronting any issues.
  • As soon as your requirements have been fulfilled and the vendor renders the signal, you can start transferring the payment. For that, you should click the paid button immediately. At that point, the bitcoin vendor is locked in escrow to prevent your trade partner from accepting the payment and not relaxing the bitcoin. Once the seller confirms the payment, your bitcoin will release from escrow and transfer to your Paxful wallet.

That’s enough! You can now Buy Bitcoin On Paxful Wallet easily, quickly and safely. If you confront any problems, feel free to get in touch with the support team. Since the support professional is available 24×7, you can get a better solution for your problem.

Buy Bitcoin on Paxful wallet – What is Special?

Paxful joined the cryptocurrency world in 2015, and since then, it has become the most popular peer-to-peer bitcoin exchange around. Unlike bitcoin brokers and trading platforms, Paxful builds a global peer-to-peer payment platform where sellers and buyers of bitcoin worldwide can exchange the cryptocurrency freely. Apart from this, many notable features make it the most popular and convenient way to purchase bitcoin. A few of them are listed in the below section. 

  • Unlike crypto exchanges, Paxful does not have geo-restrictions, and thus it is open to anyone in the world. 
  • It is highly convenient for users to purchase bitcoin without ID verification for several payment options.
  • Paxful does not limit how much you can purchase or sell. So, you can perform trading as per your requirements.
  • Paxful does not charge the purchase any fees. Even though it is a great thing, the site charges sellers a 1% fee on the total sale amount. 
  • Since Paxful is the global peer-to-peer platform, you have the choice to buy and sell in the currency of your choice. You can even purchase bitcoin using silver and gold.
  • It has more than 300 ways to pay for bitcoins, including online transfers, gift cards, etc. 

Tips to Buy Bitcoin On Paxful Wallet

Paxful has an easy-to-use interface, and thus you will never confront any trouble navigating through all the offers. It is especially true when you access the platform for the first time. Here are the major tips to follow to purchase bitcoin on Paxful.

  • Remember that Paxful is the person-to-person exchange, and thus people are not always available. Thus, ensure that the vendor is online or wait until the vendor responds before uploading the documents or payments. It prevents you from many issues.
  • Even though the Paxful bitcoin buying process is straightforward, you need to follow certain rules to ensure transactions are easy and safe for both seller and buyer. Remember that you should not access brokering gift cards on Paxful. It helps you to avoid breaking the rules.
  • Paxful renders a huge variety of payment methods, and thus the price you end up paying may differ based on the method you choose. So, check it out beforehand to avoid issues.
Bottom Line

So, you will not get a clear idea of how to buy bitcoin on Paxful. Try to properly follow the steps mentioned above to purchase the bitcoin as per your needs. It helps you be in a safer environment and easily performs bitcoin trading.