Topic: Paxful (Read 690 times)

Wherever there is money Involved, there will almost always be scammers.

When they don't release BTC, contact the moderators.

Always contact the moderators, gather the proof, trade ID, anything you can put on the table.

Paxful is 4/4 on my disputes, just had to stay calm and contact them ASAP or file a dispute ASAP.

Paxful is filled with scammers though. Sellers and buyers are scammers. When you sell bitcoins, their payment is usually reversible and you'll lose it after a few days. Then if you buy btc, they don't release the btc. That's a fact you have to deal with if you plan on doing anything in paxful.

Been trading on paxful for almost 9 months now and I have yet to be disappointed or totally left helpless.

They have Escrow and 24/7 support & Moderators.
They have resolved all of my disputes.

What more can I ask for?

the money there is suspicious, nobody with legit money willing to give to such bad rates imo and i think gc and payment processors are mostly cheated money, cash to btc is good as long as the cash is not fake

i think i can make a good living trading for btc but i am not using paxful for the third party because i am directly contact my friends when i want to sell or buying bitcoin so its more easier to me. so far, i think i can handle and make a good amount in trading so i will increase the chance to make more profit.

What is the difference between doing this on paxful or virwox?
Aren't they offering the exactly same type of service for your bitcoin with giving a place to do those type of transactions?
Except that virwox takes a higher commission charge from each transaction from what I understand. 30%
i have heard someone gets charged if they want to buy from virwox.

This is not only true for btc trading, this is a universal fact for all types of trading activity. If you have trust amount your customers, it is very easy to sell goods and trade. Trust is the key element in every type of trade.

Feedback isn't necessary to trade on paxful, there are lots of people willing to trade even if you have 0 feedback. The main issue is being scammed by people, if you can find a way to avoid chargeback scams or stolen card details then you could make a lot of money.

It depends on you skills in trading and how much you average in an month some people make high profits lot more than an average monthly salary but obviously they have that much of initial investment. Secondly, trading on paxful is not a good idea paxful is for just buying  or selling bitcoin with alot of different ways to buy/sell there many other good trading platforms use those.

In order to make a living with btc trading you need to build a good reputation to stand out from the crowd.
All the people prefer to trade with someone with 1000+ trades and 100% positive feedback score,instead of trading with a newbie without any trading history.

Paxful is a Peer to Peer Bitcoin marketplace connecting buyers with sellers. Simply select your preferred payment method and type in how many bitcoins you need.

Plus, for a limited time, Paxful is giving away 10 Bitcoins – estimated value of $8,736 USD at the current exchange rate – to people who try the affiliate program and get a user to signup and purchase at least $10 worth of Bitcoin. Also as a thank you to give back to the people who have helped strengthen the platform, all referrals to the Paxful affiliate program get 2% of each transaction made through the marketplace! This has been put together to offer new users an incentive to join our large network which has been growing rapidly - Over 400,000 people from all around the world have used Paxful.

Spread the word about bitcoin. Get paid passively from a globally interconnected network of bitcoin enthusiast ranging from beginners to advocates.

How does it works?

Simply register through the link provided and spread the referral codes, banners and buttons - listed in your affiliate dashboard - on forums, social media platform, office wall or wherever you desire, you can get really creative if you wish!

Make money right away – there’s no waiting for referral fees to accrue. The best part of this program is that it extends to anyone who wants to buy or sell bitcoin around the world - with over 300 ways to pay.
 
Still not convinced? Well, from January 10th until February 10th we’ll be giving away thousands of dollars which will be paid out in the form of bitcoins. All affiliates will also go into a lottery just for trying to get Paxful referrals, from which 7 lucky people will receive a bitcoin each. The top 3 referrers will receive 1 Bitcoin each!

Affiliate Contest

Paxful volume on Coin Dance

Trading can give you big earnings if you know the rules in trading. But of course you need big capital to start in trading, if you only have a small capital you need luck. The trick in playing a small capital in trading is to buy at very low and sell hundred times the price from the time you purchase it. If trading can make you a good living, it sure does but not for all.

trading is risky, and it is not for everyone. many people can not make a consistent amount of profit each month with trading and most of them lose lots of money on it.
when it comes to trading on places such as paxful,... things become even worse because there are lots of thngs that can go wrong when you use these methods that open up ways for you to get ripped off and lose your money.

and also not to mention the legal problems that you can get into. because people who are trading this way are mostly unaware of the tax laws and then end up with a tax evasion charge.

There are lot of good threads in the forum which discuss this kind of question like making money with trading on exchanges. People have surely shared really interesting suggestions. If you go through those threads you will get answer to your query. Though nothing specific about paxful though you could relate advice for it.

Earning enough money from the trading itself is possible. Though to get trading correct is experience oriented, time-consuming and requires acute understanding of market working. Last but not least you also need the bit of luck to make right decision as bitcoin market is Open and decentralized one. Study the bitcoin markets like chinese markets which influences bitcoin price significantly.

As you see trading bitcoin to get great easy money is not that easy (unless you have great luck with you then you could make it big.)

Can you actually make a good living trading for btc? What is a good amount of btc to have to trade on paxful? I always buy and think to myself that it must be nice to sit back, make a trade, and make 17%