Please be aware that Paxful P2P is a third-party trading platform.
If you intend to sell cryptocurrency on the Paxful P2P platform, you must first transfer your assets from Coinstore to Paxful after registering or logging into your Paxful account. Please be aware that any risks associated with selling cryptocurrency on the Paxful platform are your responsibility, as well as that of the platform itself.
Paxful P2P Overview
Transaction Fee for Paxful P2P
| Payment Group | Sell | Buy |
|---|---|---|
| Bank Transfer |
1% |
no fee |
| Other Bank Transfer | 1% | no fee |
| Credit/Debit Card | 1% | no fee |
| Digital Currency | 1% | no fee |
| Online Wallet | 1% | no fee |
| Cash | 1% | no fee |
| Goods & Services | 1% | no fee |
| Gift Card |
5% |
no fee |
Preparation for Selling Cryptocurrency on Paxful P2P
- Create a Coinstore Account
- Create a Paxful Account
- Paxful Support：Please refer to Paxful Support Center for crypto P2P purchase support.
How to Sell Crypto with Paxful P2P
Paxful P2P is a prominent peer-to-peer bitcoin marketplace utilized by millions globally. Here are simple steps to understand how it works :
1. After logging into the Coinstore App, you can proceed as follows to access the Paxful P2P trading portal and buy your desired cryptocurrency :
On the App homepage, follow these steps:
- Tap the "Asset" button located in the bottom right corner.
- Tap on "P2P" in the options provided.
- In the Paxful P2P column, tap on "Buy Crypto."
This sequence will guide you to the Paxful P2P section within the app, where you can proceed to buy cryptocurrency.
2. Once you are on the Paxful platform, you can either create a new Paxful account or log in to your existing account. After logging in, you will receive your cryptocurrency deposit address (e.g., BTC address) on Paxful. Transfer your assets from your Coinstore account to this deposit address on Paxful.
3. Set Your Requirements
Once your assets are transferred from Coinstore to Paxful, follow these steps :
- Click on [ Sell ] on the Paxful platform.
- Choose your preferred payment method, the maximum amount of Bitcoin you wish to sell, your location, and the currency you prefer for payment.
- Click on [ Search for Offers ] to view a list of relevant offers from potential buyers.
This process allows you to find suitable offers and initiate the sale of your Bitcoin on Paxful.
4. Check the Offer - Before selecting an offer, it's important to thoroughly review all essential information about the buyer on Paxful. This includes their name, rating, verification level, and the Bitcoin exchange rate they offer. Once you find a suitable offer, click [ Sell ]. This action will not immediately initiate the trade but will guide you to review the specific terms and conditions set by the buyer for the transaction.
5. Start the Trade - If you agree with the buyer's terms, enter the amount of Bitcoin you wish to trade and click [ Sell Now ]. This action will initiate the online trade chat and securely move your Bitcoin into escrow on the Paxful platform. Follow the trade instructions carefully throughout the process. Once the buyer completes their part of the trade, you will receive payment and can release the Bitcoin from escrow. After completing the trade, you can download a public receipt from Paxful for your records.
6. Leave feedback - After successfully selling your Bitcoin on Paxful, remember to leave feedback for your trading partner. Feedback helps maintain a trustworthy trading environment and benefits the community by sharing your experience with others.
If you have any questions, click on the chat icon located in the bottom right corner of the page to contact the Paxful customer support team. They offer 24/7 support, including holidays.
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