Looking for a low-risk way to sell my Paxful account. Advice appreciated

ABCbits

legendary

Activity: 2870

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Crypto Swap Exchange

Quote from: Potato Chips on August 22, 2021, 10:56:08 AM

Quote from: ?? on ??

or you're in condition where you desperately need money.

and when this time comes, don't go for a complete stranger, look for someone you trust (and pray you won't get thrown under the bus) if they're interested in buying the account. It doesn't eliminate the risk completely nor make it low but it's a lot better than trusting a complete stranger.

What i meant was perform ID verification using his own ID, but your suggestion could work even if it has legal concern.

I_savor_your_pets

newbie

Activity: 18

Merit: 0

These are good suggestions. I'll leave the account for now. Thanks for chipping in everybody.

Potato Chips

hero member

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Merit: 902

yesssir! 🫡

Quote from: ?? on ??

or you're in condition where you desperately need money.

and when this time comes, don't go for a complete stranger, look for someone you trust (and pray you won't get thrown under the bus) if they're interested in buying the account. It doesn't eliminate the risk completely nor make it low but it's a lot better than trusting a complete stranger.

I_savor_your_pets

newbie

Activity: 18

Merit: 0

Handing over a clean copy of my photo ID seems too risky for $1k, especially when Paxful's previous ID verification provider was hacked and 4.8 million user data went on sale for 1btc on the darkweb. I don't want see my ID and my verification video being sold anywhere, so now I'm stuck in this position.

I_savor_your_pets

newbie

Activity: 18

Merit: 0

Appreciate the warning and what you said could definitely happen. Maybe I should just walk away from this thing.

JeromeTash

legendary

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Heisenberg

Have you thought about the fact that if you handed over your account to someone else, they could use it for criminal activities and if investigations were to take place all the data logs like past transactions, IP addresses, email etc. from the time you registered could be used to trace you?

I_savor_your_pets

newbie

Activity: 18

Merit: 0

Thanks for the response. You're right that the account can be verified with another person's ID because it's simply phone-verified at the moment.

Paxful is asking me to follow its standard ID verification procedures, and I'm hoping to find someone who can verify my account, withdraw the bitcoins, and close the account. The problem is I don't know if there's any way to do this safely.

Potato Chips

hero member

Activity: 2786

Merit: 902

yesssir! 🫡

I'm assuming someone else's info can still be used to verify your account. I've never had a paxful account so I'm not really sure.

There's no way to sell it safely or even with a low risk. We can't really trust someone (especially a complete stranger) to not use it for shady activities which you could end up being accused of cause some of the information you entered in paxful could be traced back to you such as phone number, crytocurrency addresses, etc...

Have you tried talking about your situation with paxful?

I_savor_your_pets

newbie

Activity: 18

Merit: 0

(Hi mods, if this post doesn't belong here, please move it to the right place. thanks)

So I stored about $1k worth of bitcoins on Paxful when ID verification wasn't required, but I can't withdraw now because of Paxful's new ID verification policy.

I definitely played myself here, and I'd appreciate any suggestions on how to legally withdraw from Paxful without doing ID verification.

The only thing I can think of is selling my Paxful account at a 50% discount, and I'm willing to do it face-to-face if we're in the same city (in north america).

I'm also willing to use a reputable escrow here and bear all fees if we do this online, but I'm not sure how to really do it this way.

If anyone knows how I can sell my Paxful account somewhat safely, please offer a suggestion. Thanks.

Topic: Looking for a low-risk way to sell my Paxful account. Advice appreciated (Read 140 times)