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Related Questions
How does Paxful verify user identity? Paxful requires all users to verify their identity before they can buy or sell bitcoin on the platform. Verification involves providing a government-issued ID and, in some cases, a selfie with the ID. The verification process ensures that all users are who they say they are and helps to prevent fraud on the platform.
How does Paxful handle disputes between buyers and sellers? Paxful’s moderators assist in resolving any disputes that arise between buyers and sellers. If a dispute arises, the moderators will intervene and work with both parties to come to a resolution. If the dispute cannot be resolved, Paxful will release the funds to the buyer or seller depending on the situation.
What is the Paxful Virtual Bitcoin Kiosk and how does it work? The Paxful Virtual Bitcoin Kiosk is a tool that allows anyone to sell bitcoin on their website. The kiosk can be customized to look like your site and can support over 300 payment methods. Once someone has completed a trade on the kiosk, Paxful pays you a commission.
What is the minimum and maximum amount for buying and selling on Paxful.com? The minimum purchase amount on Paxful.com is $10, and the maximum depends on the seller’s offer. For selling, the minimum amount is $1, and the maximum depends on the seller’s limits.
How does Paxful ensure the security of transactions? Paxful uses two-factor authentication, SSL encryption, and a secure escrow system to secure each transaction. The platform also has a system of moderators to ensure that all trades are legitimate and that any disputes are resolved fairly.
What is Paxful’s customer service like? Paxful has a 24/7 customer support team that is available via chat and email. The team is knowledgeable and responds quickly to any questions or issues that users may have. Additionally, Paxful has a comprehensive help center that provides information on how to use the platform and troubleshoot common issues.
What payment methods are accepted on Paxful.com? Paxful.com accepts a variety of payment methods such as bank transfer, debit or credit card, gift cards, online wallets, PayPal and many others. Each seller can choose which payment methods they accept, so it’s essential to review offers in advance before initiating a trade.
What is Paxful’s affiliate program, and how does it work? Paxful’s affiliate program allows users to earn passive income by promoting the platform to others. Once you sign up for the program, you will receive a unique affiliate link. When someone signs up for a Paxful account using your link and completes a trade, you earn a commission. The commission is 50% of the Paxful fee for the first level, 10% for the second level, and 5% for the third level.
What are the fees for using Paxful.com? Paxful charges a 1% fee on all transactions. However, sellers are responsible for any fees related to the payment method they have chosen, such as credit card fees or gift card processing fees. It’s essential to review the fees before making a trade on the platform.
What is Paxful.com, and how does it work? To use Paxful.com, sign up for an account, verify your identity, and choose the payment method you prefer. After that, you can search for offers that match your requirements and select the best one. The seller then secures the bitcoin in escrow, and once the payment is complete, the bitcoins will be released to your Paxful wallet.