Topic: Is paxful legit? - page 2. (Read 42517 times)

I bought some of my bitcoins in paxful about 3 times and only buy with a trusted seller. They use an escrow.Pax is good in my experience. Try to sign up and start to trade there.

I checked out the latest Paxful's week volume charts and they made the best outcome last week, so I assume that claims didn't affect the business much. Of course, their personal reputations is ruined for awhile.

I have never used it personaly so don't have first hand experiences but I've read lot of rewies of this site and so far haven't found something with negative experiences.
This alleged criminal involvement of the Paxful owners is totaly different story and sure can affect their business in the future in negative way cause people might not trust them.

sure they are not a good model

Are you serious? If CEO of company is caught with drugs and weapons then of course it will affect the image of company itself.
I would rather not have people who like to run around with AR-15 while wearing masks and being stoned as CEO or bitcoin trading platform I use.

If you have a public profile like them it is only natural that they will be judged by their personal actions.

It's facile to judge people through their low personal actions, but honestly, those acts haven't affected their business in any way.

I am not sure if people here are aware of who are Paxful owners. They are not exactly pristine characters.
I would rather not use service after I find out that CEO And CTO of Paxful were arrested in Miami on weapons and drugs charges.

Source: https://cointelegraph.com/news/paxful-exchange-ceo-and-cto-arrested-in-miami-on-weapons-and-drugs-charges

Yeah it is better to go in safety place than risking some of your money in paxful honestly i don't heard this site this is my first time to heard about this site.. and i think some reviews there is just a marketing strategy so that they can attract people to invest..

I use Paxful service and only do trading with trusted users and I never end up scammed.

Just use Localbitcoins for the security. Paxful has some legit reviews and some people saying that they are scam. I don't know, maybe they are egit or maybe they are not. Just take the safest steps possible.

i never use paxful to buy and selling bitcoin but with many bad experience from the other member, i will give suggestion don't use them and better use the other like localbitcoin which is recommended site for us to buying and selling bitcoin. and the best is you should find your friends in your city and you can buying and selling from that person to avoid the scam.

I've made a few trades already both buy and sell. Just stick buying or selling from users who are verified, have alot of past trades etc.

I never use paxful.com but my friend are using paxful for buy/sell bitcoin, they are operate like localbitcoins and my friend never complain or tell me if he got problem when trade at there.

Sorry for my bad english but want say about my paxfull experience
i open 2 trade on paxfull first i buy amazon gift card , seller send me rocketmail gift card with hold one day today  it was cancel i not receive my gift card
on paxfull seller have a lot of positive feedback HOW?
Second trade ask my phone number and say what he send sms for verified
i give phone number and on my phone arrive about 5 sms from GOOOGLE
i give him 3 sms code seller say it wrong but i am not blind code no have mistakes
another code i not say for seller and tell him going to hell
after my paxfuull acount logout and now when i try login again i see it

Your account has been temporarily locked down due to security issues - please contact support at your earliest disposal in order to regain access to it

 

I used it a couple times and it can be legit, depending on how you use it.  It is just like Craigslist, it is a place for buyers and sellers to get together.  They do have a built in escrow, which helps, but security is only as tight as you make it.  Read everything about the payment methods, the user that you are looking at and the site and make sure that you know what you are doing.  The exchange rates can be pretty high, but if you are moving Bitcoins and need it done fast, it can work in a pinch.  I use, when I do use Paxful, the serve2serve payment method.  This acts a lot like Paypal, but there is no way that a fund movement can be disputed. It is a pre-paid American Express card, with a few more perks.  You log into serve and send money to another user via their email address.  The TX is instant or very near instant and once the money is there it cannot be reverse, at least there is nothing in the immediate terms that says it.

1. Make sure that the user that you are trading with is online, orders will auto cancel in a short period of time.

2. Do not release the payment from escrow unless you have full control over the payment you receive.  That means, confirmed, in your account, not pending or anything else.  If you have no idea what the payment method means or how it is possible, skip it.  There are some crazy things in there, like "ATM to Bank of America international currency deposit", that is not one of them, but there are some that sound pretty out there.

3. No matter what website, what system, what user, what country, what ANYTHING.  If you cannot afford to lose money, DO NOT SEND IT.  My girlfriend, years back, tried to buy a car through eBay, was shifting via a scam somewhere else and sent someone the money via Western Union.  She survived the loss and the FBI got the money back years later, but she really needed a car at the time and ended up waiting on more money.  There are transactions that I do everyday through various websites that I would trust to the end of time, but I have also seen exchanges tumble and scam out, banks refuse funds during investigations, businesses that had perfect outward integrity and had operated without fail for tens of years fall apart.  If you and your family depend on a sum of money, in any currency, then never send it along to someone through the internet using a site that you do not personally own. 

Agree with most other posters above, this site looks like a scam.
Check out the review site paxfulreview.com.
There's no ads, just a review to help the community.
Bitcoin should be a better experience than this.

look over at my thread for what happened to me today. maybe paxful admin like to explain?

https://bitcointalksearch.org/topic/scumbags-paxfulcom-helping-scammers-to-get-away-please-advice-1535352


maybe lets start with why was i adviced to lie to paypal and file for a non-authorized transaction, instead of advicing the buyer to refund, or, enforcing your escrow to complete the trade?

sorry, i apologize. i wasn't advised. i was forced. forced to lie to paypal.

Then that would make you a bad service as your support does not even know what they are talking about.You cannot dispute something until after a few hours have pasted and the seller CANNOT cancel a trade.

Sorry, you got wrong information from our support then. On trade cancelling/dispute won by you you do get full amount back and you can verify the balance movement in your transaction ledger on Paxful.
We have alot of information about trade process and different scenarios on our FAQ page

I don't run a website,and if I was a competitor then I wouldn't resort to cheap tactics.The 1% fee does NOT get refunded if you are locked in a trade,your guy on support told me that.Im saying if you get LOCKED in a trade,as in the person does not cancel the trade and leaves you in there to wait for the auto-cancel.