March 24, 2021 |James Messi
Beaxy Exchange has partnered with Paxful to bring more than 350 additional methods for buying bitcoin to its clients. Launched in 2015, Paxful is a growing peer-to-peer cryptocurrency platform that has onboarded nearly five million users in its first five years.
Paxful is striving and succeeding to make cryptocurrency more accessible by advancing a peer-to-peer platform that enables its clients to buy and sell bitcoin with virtually any payment method.
Much like the bitcoin protocol, the value of Paxful’s network of buyers and sellers grows exponentially as more participants enter the ecosystem. By facilitating a safe environment for crypto purchases between peers, Paxful has a created a competitive market structure that results in more affordable crypto purchases with payment methods that include:
- Credit and Debit Cards
- ACH Transfer
- SEPA Transfer
- Gift Cards
- Google Pay
- Zelle Pay
- Digital Assets
- Goods & Services
Conversely, Paxful’s network has enabled more than 12,000 (and counting) vendors to accept bitcoin as payment while mitigating the risks of traditional peer-to-peer crypto payment platforms.
Secure Peer-to-Peer Crypto Transfers
When dealing with peer-to-peer cryptocurrency transactions, there’s a lot that can go wrong. From payments being withheld after bitcoin is sent to outright fraud, peer-to-peer transactions generally require a high degree of trust. If we’ve learned anything from cryptocurrency, that doesn’t fly.
To remove trust from the equation, Paxful implemented a system to verify users and allow all participants to leave and track positive and negative feedback scores. When a transaction is successful and both parties are satisfied, positive feedback will be accrued to both the buyer and the seller. Likewise, if one side doesn’t hold up its end of the bargain, negative feedback is applied to the account.
By knowing that the seller has a longstanding track record of fair and honest behavior,
Paxful enables you to purchase bitcoin from a peer with a high degree of confidence and transparency.
How to Buy Bitcoin with Paxful on Beaxy
To purchase bitcoin from a Paxful community through your beaxy account, go to the Buy Crypto section of your account and click Buy Crypto on the Paxful panel.
On the Paxful popup, specify the base currency that you want your purchase to be valued in and enter the amount of that currency that you would like to spend on bitcoin. After agreeing to the disclaimer and clicking Go to payment, you will be redirected to Paxful’s platform where your order will be paired with an offer from a Paxful community member who is looking to sell bitcoin.
Once on Paxful, review the details of the deal being offered to you. At that point, you can choose to accept the offer or cancel and to see additional options.
Making the Most of Bullish Momentum
For a limited time, Beaxy Exchange is rebating your trading fees in advance so that you can trade with more. Create your account and opt-in to the Match Bonus Program and fund your account crypto, cash, credit, or through Paxful’s peer-to-peer network to have your deposit doubled up to $500. Terms and conditions apply.