P2P Crypto Exchange Paxful Continues to Expand Operations with DingConnect Partnership

Peer to peer crypto exchange Paxful, which recently topped $5 billion in total trades via its platform since its launch, has teamed up with international mobile recharge powerhouse DingConnect in order to give users a chance to run their own “global business.”

As noted in a blog post by Paxful:

“With DingConnect operating in over 150 countries and having more than 550 operators, they’re one of the best in the biz and we aim to expand that strength even further by giving its users access to our roster of over 350 payment methods. Now, users can take advantage of the ultimate payment flexibility to become their own boss, run their global business, and earn crypto.”

In order to use these new services, users have to sign up with DingConnect and then register for an account on DingConnect and add credits. After completing this step, users should create a buy offer on Paxful.

Then they can start trading on their own terms and exchange their credits for Bitcoin (BTC), Tether (USDT), or Ethereum (ETH). By using Paxful and this new service, clients can trade and get their earnings as well.

You may send the credits to your selected trade partner, provide proof of payment, and then wait for them to release the payment, the Paxful team noted. They also mentioned that these steps are “all it takes for you to become your own boss.” You can take your business to “new heights” with this partnership and experience all the benefits that has crypto to offer, the Paxful team added.

During the past few months, Paxful claims it’s been making a lot of progress. The company says that this period has been “nothing short of amazing” for the crypto community.

They added:

“With all-time highs and increased adoption, Paxful welcomed many new users from all over the world.”

They also noted that to make sure their users have “plenty of opportunities,” they’re always  “ideating, innovating, and improving” their platform.

As noted by Paxful, these are some product updates from Q1 2021:

  • Ethereum introduced on Paxful’s Website and Mobile App
  • Users can now “convert ETH from BTC or USDT, buy and sell ETH on the Paxful marketplace, and make both internal and external transfers using ETH.”

Beginning on April 1, 2021, Paxful users have the option of sending as much as $1,000 in crypto from their wallets to other Paxful wallets for “free each month.”

As explained by Paxful, after this limit is reached, users will be “charged a fee of 1 USD worth of crypto or 1% of the amount being sent (whichever is greater).”

The P2P exchange has also made updates to its Dev portal.  The company stated that these new updates are meant to “unleash the creativity of developers and they’ll be able to build applications on top of our APIs.” Paxful claims that it’s the “only crypto platform where this is possible.”

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