Paxful Review 2024

My experience with Paxful has been negative, marred by unreliable customer support, security concerns, and high fees. The lack of protection for users' assets is unacceptable and undermines trust in the platform as a safe and reliable marketplace for buying and selling cryptocurrencies. As a client, I cannot in good conscience recommend Paxful to others, and I would advise anyone considering using the platform to proceed with caution and explore alternative options that offer a more reliable and user-friendly experience.

Initially, I did not plan to trade on Paxful for a long time, it was interesting to try and compare the conditions with my then exchange. I registered, quickly passed the verification (so that, if anything, quickly withdraw the deposit) and replenished the account. There is no demo, but it is not needed with such and such minimum requirements: just a dollar is enough to deposit. On the plus side, there are many ways to replenish. But the base currency here is XBT, and I had to get confused. In terms of trade - an average option. I would not say that Paxful is very different from its competitors. There are really no analytics, and trading here is mainly due to three cryptocurrencies. Three! I won’t say that Paxful is a bad exchange, but I didn’t find anything interesting here for myself.

I support positive reviews about Paxful. The first thing that caught my eye when visiting this P2P platform is an intuitive interface, presented in 21 languages. This means that the company is open to cooperation with traders from different countries. And now, 2 years after registering on this site, I understand that the first impression was not deceptive. I am satisfied with the cooperation with the Paxful exchanger, if not for 100%, then for 99% for sure. Trading here is comfortable, there are no technical failures, so the execution of transactions is always on top. Honestly, I'm not surprised that the pool of buyers/sellers on Paxful is growing every day.

Paxful simply does not fail you. I registered on this exchanger following a recommendation from a friend. To be honest, I wouldn't have noticed it myself. It does not appear in the leaders, the trade turnover is quite modest. Well, it is understandable, only three cryptocurrencies were listed - bitcoin, ethereum and tezer. When I started working with this P2P platform, I realized why it was being praised. There is a really large pool of buyers and sellers here (according to rumors, the services of this crypto exchange are used by about 12 thousand people). At first, I traded on Paxful and on other platforms at the same time, but now I completely abandoned them.

I believe that Paxful does not reach the solid top five. Although the crypto exchange offers loyal conditions for trading (a starting deposit of $ 1, a commission only for the sale of coins, etc.), there is a huge variety of payment channels, but there are also significant disadvantages. Here I have a question: why does this P2P platform expand the range of services, add all sorts of features like a bitcoin kiosk or a multi-level affiliate program, and there are only three cryptocurrencies for buying/selling? I have never seen such a poor choice on any other site.

It seems to me that Paxful is not suitable for everyone. Unlike other exchanges, it does not provide investment programs for generating passive income (except for an affiliate program). By the way, there are no demos and risk-free deals for training here either. Although the crypto exchange talks about loyalty to newcomers, it did not take care of a high-quality training base and analytical services. They just be like, figure it out for yourself. Although I must pay tribute to its support team for their patience and desire to help.
As for the terms of trade, everything is OK. The commission is taken only when selling coins, and the amount of fees depends on each cryptocurrency. But the choice of coins on the P2P platform is more than modest - bitcoin, ether and tezer, but in general, it will do for a start in trading.