Best Paxful Crypto Deals of [April 2025] USA - Get Your Bitcoin Promo Code. Looking for the best crypto deals out there? Hand-picked Bitcoin promo codes, cryptocurrency referral links & other crypto deals - all in one place!
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Paxful offers their marketplace service in two forms:
The virtual kiosk is basically Paxful's affiliate program, allowing people to spread the word about Paxful while generating a 2% revenue from any amount bought.
Paxful also offers 'Pay with Paxful', a payment processing feature which can be added to websites. This allows merchants to accept any one of Paxful's 300+ payment options via a Paxful widget on their website.
It's worth mentioning that some trades can be concluded instantly while others might take longer, depending on the payment method and whether the seller is online or not.
Paypal and gift cards, for example, are instant. Bank deposits, Western Union and Moneygram can take some time, as you must leave your home to their branch to deposit cash.
Paxful also provides an escrow service for all Bitcoin transactions. Once a buyer finds a seller and the offer is accepted by the seller, the Bitcoin are automatically moved from the vendor's wallet to escrow.
At this point, the seller can't cancel the trade. However, the buyer has a limited time frame to deliver the money to the seller and mark the payment as 'complete. If the buyer fails to do that in the given time frame, the deal will be auto-cancelled and the Bitcoin will be returned to the seller's wallet.
When both the buyer and the seller have verified that the transaction has been confirmed and all the terms have been met, the money will be released to the buyer's wallet and the deal will be concluded.
If at any point there will be a disagreement between the two parties, the process will move along to dispute.
Paxful moderators will then investigate all the info, consider all the available details and finally make a decision to whom the bitcoins will be awarded.
Having said that, in most cases transactions go through smoothly thanks to Paxful's intense moderation that clamps down on potential scammers.
Paxful deals with the buying and selling of Bitcoin only. Since the money is sent directly to the sellers, the site itself doesn't hold fiat currencies for users.
Sellers on Paxful accept over 300 payment methods, with the most popular ones being credit cards, PayPal, Amazon gift cards, wire transfers and Western Union.
Keep in mind that different payment methods will result in different exchange rates. For example, non refundable payment methods (bank transfers, cash) will usually have lower exchange rates while payment methods that allow for chargebacks (i.e. credit cards, PayPal) will cost more.
If you're buying Bitcoins on Paxful, you won't have to pay any fee to the site itself. Different sellers, however, may charge fees or a premium, depending on your payment method as I've stated before.
Sellers on Paxful pay a 1% fee to the company.
Additionally, there are normal Bitcoin network fees which are paid by the sender, in order to transfer money through the network. These fees do not go to Paxful but to Bitcoin miners.
Paxful has 4 verification levels, each one with different limits:
Users from the US are required to complete levels 1, 2 and 3 to trade on Paxful at all, while users from the EU and Canada must complete at least levels 1 and 2, as well as 3 if they wish to withdraw any funds.
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There is no fee for buying Bitcoin from Paxful. Instead, the fee is determined by the seller. Note that Paxful charges the seller 1% of the amount of the transaction. It is also crucial to pay attention to the exchange rates because the fee can be very high. In fact, sellers set the exchange rates at rates higher than the centralized exchanges such as Binance and KuCoin. They use the method to recover part of the 1% charged for selling their coins on the platform. It is also important to be on the lookout because the exchange rates could change before completing your transaction. Therefore, compare the exchange rate and ensure to only work with the seller charging a lower fee.
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| Redeemed Codes | 44 |