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Today I take a look at a website called Paxful, and the basics of how to buy & sell bitcoin with the payment option of your choice.
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+BTC Sessions thanks for the video! I have a question, what “It costs you 1.37 for each dollar” means ?
Whats the equation ?
Oh that just means the premium you’d be paying, which is quite steep. In the simplest terms for your example – If I wanted to buy $1 of bitcoin at current market value, I would have to pay $1.37. So to find out how much you’d be paying for $20, you would say 20×1.37= $27.40
Definitely not a cost-effective way to buy bitcoin, but I suppose if you’re in a jam it works.
Thanks for your quick answer ! That’s quite inconvenient when you are buying with a gift card.
So the equation in your case will be, 25/1.37= $18.24 (they took $0.10 LOL)
Finally a normal guy teaching us how to do this without trying to sell us a class lol! Thanks man!
thank you! this helped seems pretty easy compared to other options like LocalBitcoin and stuff 🙂
Easy explanation. Thanks
Can paxful be used as an escrow to exchange different coins?
how long do you have to wait before someone comes along to buy it? A few minutes? An hour? A week?
Are there fees for transferring from Paxful, to another wallet / exchange? Thanks for the vid.
Thanks for making this. Extremely useful
this comes at a very good time for me…thanks for making it. 🙂
Thank you so much for these tutorials
bought my first bitcoins lol thanks for the tutorial man
Watching this after a coworker shared me this link when I told him I was getting into bitcoin. Hehe, thanks for the tutorial 😀
This is helpful for crypto beginners/new users. Thanks a lot paxful really is one of the easiest platforms to get into.
This is one of my favorite paxful guides. Good video
Paxful’s been great. Thanks for the video! I hope more people find out about this.
Tbh, I find p2p marketplaces like Paxful easy to use. They have 24/7 live chat support and not all platforms have that feature. It’s impressive. Great job Paxful!
I’ve been a user of Paxful for quite some time and so far I haven’t had any complaints with it. Awesome video, man! Very informative! Thanks for sharing.
Great platform 11/10, as long as you follow their terms of service and the seller’s terms, you’ll be fine. Tip: always check vendor’s reputation and feedback before making a transaction.
Thanks man I’m new to this and your video helped a lot
Thanks for the tutorial. On my way to make my first purchase