An explanation of terms might help clear things up for you.
A "wallet" holds coins (well, not exactly).
Paxful is an "exchange". You trade bitcoins for dollars at Paxful. You can trade bitcoins for other coins at a different exchange.
You have an "account" at Paxful. You do not have a "wallet", even though people sometimes call it a wallet.
If you want to trade for other coins, simply set up an account at another exchange and send the bitcoins from your Paxful account to your account at the other exchange. Paxful may charge you a fee to send the bitcoins (because they have to pay a fee).
Topic: Question about Paxful Wallet? (Read 95 times)
Are their any fees for exchanging coins between wallets? Are there any wallets you recommend for buying altcoins.
You'll probably have to transfer to an exchange that allows you to buy altcoins with bitcoins. Doesn't look like you can do it with Paxful.
I used Changelly once recently and had no issues, but in the past it looks like there were a lot of bad reviews about them. Not sure what people think now.
You still need a final wallet though for your alt coins though.
I used Changelly once recently and had no issues, but in the past it looks like there were a lot of bad reviews about them. Not sure what people think now.
You still need a final wallet though for your alt coins though.
Hello all, I have a question about the Paxful wallet.
Recently I bought some Bitcoin using Paxful and their wallet. Now I want to use those Bitcoins to buy altcoins. Can this be done using Paxful?
If not, do i have to transfer my bitcoin into a different wallet? What do you guys recommend? Thanks.
Recently I bought some Bitcoin using Paxful and their wallet. Now I want to use those Bitcoins to buy altcoins. Can this be done using Paxful?
If not, do i have to transfer my bitcoin into a different wallet? What do you guys recommend? Thanks.
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