Paxful

51 Best Paxful Crypto Exchange Alternatives

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Description

Cryptocurrency is one of the most successful online tradings we have in the 21st century. There are so many cryptocurrency apps like Paxful currently available in the digital market that helps in jumping into the crypto market.

Paxful is a digital wallet provider that encourages peer-to-peer online trading. It provides over 350 ways to buy and sell cryptos, which encourages many people to trade. This blog will enable you to understand what it takes to trade on Paxful, including how to open an account, the minimum deposit required to start, fees, service quality, and more.

Paxful (formerly EasyBitz) is a company founded in 2015, in New York City, USA. It has served 6+ million people globally, 12,000+ trusted vendors, and has over 200 employees. The company serves many countries and has additional global offices in Hong Kong, Estonia, and the Philippines. Paxful has joined hands with BitMart recently to provide an integration of twenty more cryptocurrency exchanges, hence bringing cryptocurrency trading under one platform worldwide.

It is started for one reason, and that was to help people be able to trade online with a partner they can trust. Since then, Paxful has grown to become a major contributor to the development of the universal currency which is crypto.

Paxful Image

How Does Paxful Work?

There are two ways to access this cryptocurrency exchange.

Website: where you create an account, add your details like name, country, etc, and then trade.

The Virtual Kiosk, which is the Paxful App and generates a link that you then share with other people on the website social media platforms like Facebook and Instagram. Once someone has used that link to trade, you get a 2% commission on all sales that go through your kiosk. To ensure that there is the protection of both the buster and the seller in terms of money, Paxful uses an Escrow account for this purpose.

How to Open a Paxful Account?

Paxful is one platform that values its customers’ protection from fraudsters. Therefore, to open a live account, you must provide details and meet the guidelines like verifying your ID, completing KYC checks, and answering security questions.

For each level that you verify, you must meet different requirements:

#1:Email, phone verification, plus $1000/trade and lifetime limit

#2: ID verification, $10, 000/trade, and lifetime limit

#3: Address verification, $50,000/trade, and unlimited lifetime limit

#4: High-security details, $50,000*/trade, and unlimited lifetime limit

How to Delete Paxful Account?

Paxful allows users to delete their accounts with one-time withdrawal in case of policy violation.

1: Go to settings and from the context menu

2: Click the security button

3: Click close account under close account button

4: Select one reason you are deactivating an account. If you cannot find the reason, select another and then type your reason and click send a request

5: Go to your email and click close account. Automatically, your account will be deactivated. However, if your account has a balance, ongoing activity, or unsettled dispute, your request will be rejected

Paxful App

Paxful app offers a Paxful Wallet that is available on both Android and iOS devices. This app ensures that the security of the users is protected, and therefore when signing in, you must provide your details.

App Features

  • Shows your current balance
  • Shows all your transactions
  • Updated crypto and conversations rates
  • Send, receive, and store your coins anytime you want
  • Customization of your profile

Payments, Deposits, Fees, and Withdrawals

Paxful supports over 350 payment methods, which are:

Online wallets: Paypal, Zelle, Google Pay, and Mpesa

Bank transfer: Both local and international

Goods and services: Gold, cars, and games

Debit/credit cards: Greendot, American Express, and Visa cards

Digital currencies: Litecoin and Dogecoin

Gift cards: Amazon, Google Play, and Xbox gift cards

Most cryptocurrencies charge 0.5% commission. The best thing is that.

Paxful does not impose charges when buying cryptos. However, some traders can charge you for transactions. These charges depend on the mode of payment you are using. Paxful charges 0.5% for bank transfers and  1% for online wallets and digital wallets. Among all payment methods, gift cards have the highest rate of 5%.

How To Buy Crypto on Paxful?

To successful buy and trade cryptocurrency on Paxful, there are a few steps you can follow:

Step 1: Registration

This means you create an account, where you start by filling in your personal information like name, email, username, etc. Then, Paxful will generate a link that will be sent to your email for confirmation. The final stage involves the verification of your mobile phone number under your profile. You do this by inserting the code sent to you through an SMS.

Step 2: Fill your wallet

First, you upload the ID to verify your account. Then, you choose the payment method you prefer and fund your wallet. You can put any amount of money you want.

Step 3: Buy Bitcoin

Click on the bitcoin button and choose the number of bitcoins you want to buy, the exchange currency, and the payment method.

Step 4: Choose the buyer

You should choose a verified seller who has at least 200 ratings. Select the price you prefer and use your debit card to complete the process.

Conclusion

Paxful is a peer-to-peer cryptocurrency trading platform. It supports 350+ ways of buying and selling cryptos. Having served over 6 million users globally, we can say that Paxful is helpful in some ways. However, in recent years, some people have complained about restrictions when using their accounts, and this makes Paxful questionable. Therefore, before investing in Paxful, compare it with other platforms. Just be sure that you are on the right track.

TradeOgre

TradeOgre

What is TradeOgre? TradeOgre is a cryptocurrency exchange platform that has adopted a centralized approach toward the crypto exchange program..

Features

  • Extensive Crypto Support
  • Minimal Fees
WhiteBIT

WhiteBIT

WhiteBIT Exchange is a universal platform for exchanging and trading cryptocurrencies. It operates as an exchange from Estonia with a.

Features

  • Secure Trading
  • Fast Authentication
  • Convenient KYC Procedure
  • 24/7 Support
Fold App

Fold App

We all love to shop online, as it saves time. And top of all, many times this shopping ends with.

Features

  • Win Upto 1 Bitcoin
  • Limitless Rewards & Cashback
  • Earn Satoshis
  • Referral / Affiliate Program
CoinSpot

CoinSpot

CoinSpot has been a forefront option in digital currency in Australia almost since 2013 and was founded by Russell Wilson..

Features

  • Easy Account Setup
  • 340+ Cryptocurrencies Supported
  • Vivid Deposit Methods
  • Minimal Trading Fees
EXX

EXX

What is EXX? EXX, also called Exchange X, is a Hong Kong headquartered crypto exchange platform. It was launched in.

Features

  • Zero Deposit Fees
  • 50+ Cryptos Supported
  • Zero Withdrawal Charges
Tauros

Tauros

What is Tauros Tauros is one of the many cryptocurrency exchange apps/software that allow people to trade or exchange their.

Features

  • Clear Charts & Indicators
  • High Level Trading Security
  • Easy User Interface
  • Wide Crypto Varieties
DigiFinex

DigiFinex

The cryptocurrency planet is expanding rapidly with every bit of seconds; along with this, the race of choosing the best.

Features

  • Spot Trading
  • Insurance Fund
  • Credit Cards Supported
  • 100+ Cryptocurrencies For Trading
CoinTiger

CoinTiger

CoinTiger is one of the well-known cryptocurrency exchange platforms in the world. The company was established in December 2017 in.

Features

  • Flexible Order
  • Better Security
  • Multiple Devices Support
  • Support Various Crypto For Trading
BitSeven Logo

BitSeven

BitSeven is a crypto exchange company located in Zurich (Switzerland), Belize City, Belize (Central America), and Tsim Sha Tsui (Hong.

Features

  • Offers Leveraged Trading
  • Cross Platform Compatibility
  • Better Security
  • Worldwide Coverage For Crypto Trader
Phemex Logo

Phemex

What is Phemex? Phemex operates as a crypto derivatives trading platform and also acts as a professional/trustworthy global cryptocurrency derivatives.

Features

  • High Performance
  • Strongest Wallet Security
  • 24*7 * 365 Customer Support
  • Advanced Functionalities
BigONE

BigONE

BigONE is a crypto exchange that is referred to as a global digital currency market information hub with 5 years.

Features

  • Support Multiple Cryptos
  • Real Time Market Update
  • 365 * 24/7 Support
  • Multilingual Customer Service
BitForex

BitForex

What Is BitForex? BitForex is referred to as a digital asset cryptocurrency exchange offering perpetual and spot futures contracts that.

Features

  • Offers 220+ Cryptos
  • Robust & Secure Mobile App
  • Support Fiat Currencies
  • Extensive Customer Support
CoinSmart

CoinSmart

CoinSmart is referred to as a leading digital asset trading platform in Canada that is dedicated to providing customers with.

Features

  • Fast & Easy Registration
  • Backed by 2 Canadian Banks
  • Advanced Trading Features
  • Idle for All Type of Investors
StormGain

StormGain

StormGain is an all-in-one crypto exchange platform available for everyone and serves as an on-hand solution for those who want.

Features

  • User Friendly Interface
  • 24/7 Customer Support
  • Loyalty Program
  • Mobile Trading

Deribit

Deribit started as a bitcoin futures and options platform and then it was realized that more services could be offered.

Features

  • Trade History
  • Various Trading Options
  • Support Different Order Types
Shakepay

Shakepay

Shakepay allows Canadians to buy and sell digital cryptocurrencies in minutes at their comfort. It allows you to buy your.

Features

  • $0 Commission
  • Rapid Verification
  • Free Bitcoin
  • Instant eTransfers
Bitbuy

Bitbuy

What is Bitbuy? Bitbuy is the leading canadian digital currency trading platform. It currently offers deep liquidity across 10+ spot.

Features

  • No minimum deposits
  • Referral & affiliates program
  • Excellent customer support
  • Easy to use platfrom for everyone
Altrady

Altrady

We bet you heard about the term cryptocurrency, as almost half of the world is into it, and the other.

Features

  • 100% Fund Protection
  • Advanced Automation
  • Numerous Exchanges Options
  • Fast & Reliable App
YoBit

YoBit

YoBit is a cryptocurrency exchange platform to buy and sell cryptocurrency without KYC with fiat money support. YoBit.net exchange was.

Features

  • Friendly UI
  • 365 * 24/7 Customer Support
  • Multi-lingual Chat Supports
  • Fast & Easy Registration
Paybis

Paybis

What is Paybis? Paybis is a bitcoin exchange platform that is based in the UK which aims at providing liquidity.

Features

  • Low Commissions
  • 24/7 Support
  • Fast Security Checks
  • Instant Payouts
Coinmama

Coinmama

What is Coinmama? Coinmama is a cryptocurrency exchange app that allows individuals and companies to buy and sell bitcoin and.

Features

  • Diverse Payment Options
  • Fast Track Verification
  • Instant Delivery
  • Simplicity
Webull Logo

Webull Crypto

According to Google, there are about 6,000 cryptocurrencies and 37 blockchain companies in the world as of 2021. Among them,.

Features

  • In-depth Analysis
  • Zero Commission
  • Free Real-Time Quotes
  • Full Extended Hours Trading
Pionex

Pionex

Cryptocurrency is a new online trading option currently. Cryptocurrency is a digital currency where transactions are certified and maintained by.

Features

  • Pionex Trading Bot
  • Auto Trade Cryptocurrency
  • Live Chats
  • Favorites & Watch List
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BitMEX

BitMEX is a crypto exchange that was founded in 2014. It is based in Seychelles. HDR Global Trading Limited is.

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Binance

Binance is one of the biggest online crypto exchange platforms. It was launched in 2017, and it is based in.

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Bybit

This is another cryptocurrency derivatives platform. It was launched in 2018 on the British Virgin Island, but it is headquartered.

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PrimeXBT

Established in 2018, PrimeXBT is a Bitcoin exchange platform that is good for CFDs and cryptocurrencies. It was launched in.

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Coinbase

Coinbase is a crypto exchange platform. They allow traders to buy, sell and store different cryptocurrencies for instance Bitcoin, Ethereum,.

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ChangeNOW

ChangeNOW is a crypto exchange platform that was launched in 2017. This is one of the interesting platforms that is.

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Kraken

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AAX

AAX is a crypto exchange platform that has a transparent fee schedule for traders. The AAX platform is powered by.

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Bityard

Bityard is one of the crypto exchange platforms that is recognized worldwide. It is regulated and licensed under Singapore’s Accounting.

Delta Exchange Logo

Delta Exchange

Delta Exchange is a cryptocurrency trading platform. It is ideal for Bitcoin and Altcoin futures. Delta Exchange offers a simplified.

Godex

Godex is another platform that is used for cryptocurrency trading. If you want to exchange anonymously, you should consider using.

FixedFloat

Fixedfloat is one of the newest cryptocurrency exchanges. However, it is worth using it. The platform was launched in 2018,.

BTCMEX

BTCMEX is one of the many cryptocurrency derivatives exchanges. It is registered in the Cayman Islands and that means it.

Cryptosteel

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LocalMonero

LocalMonero is a cryptocurrency exchange. It was launched in 2017, and it is based in the British Virgin Islands. LocalMonero.

fox.exchange

fox.exchange is a cryptocurrency exchange that allows you to trade without joining up or providing any identity credentials. You can.

Coincards

Coincards was created in 2014 with the aim of helping cryptocurrency holders or traders to spend their cryptocurrency at retailers..

Bexplus

BexPlus is another stable cryptocurrency trading platform that enables continuous Bitcoin trading. The platform was founded in 2017. Users may.

CoinPayments

Coinpayments is a payment gateway for transacting cryptocurrency. Users can transact more than 2000 cryptocurrencies on the platform such as.

Trezor

In August of 2014, Trezor, a Bitcoin hardware wallet, was released. It was the first Bitcoin hardware wallet, providing safe.

Cryptohopper

There are many people who want to venture into crypto trading with less trading experience. Some traders have experience but.

Changelly

Changelly is a cryptocurrency trading website that lets users trade, buy, and sell over 170 different cryptocurrencies. It was founded.

BaseFEX

BaseFEX is a cryptocurrency leverage exchange where traders may place orders effectively regardless of market conditions. Experts have created the.

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The Ledger Nano S, commonly known as the Ledger wallet, is a hardware cryptocurrency wallet that lets you keep your.

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