Payments and transfers provider Paxful says they will now support Ethereum in more than 150 different countries.
Paxful was founded in 2015 and reports more than12 million users globally. Paxful offers traders access foreign and digital currencies using more than 450 on-ramps.
Roshan Dharia, Paxful CEO, said they stand for financial accessibility and the free movement of money. They see Bitcoin and Ethereum each playing an important role in this future.
“That’s why we’re proud to expand access to ETH as a peer-to-peer settlement layer to millions of traders in over 100 countries, with support for 450 distinct ways to trade – with or without a bank account.”
Depending on the jurisdiction, Paxful enables trading in Bitcoin, Litecoin, USDT, USDC and now Ether. Paxful operates on a peer to peer basis. The company also enables more traditional forms of payment. The platform offers a digital wallet to facilitate transactions.
Paxful is offering a promotional period for transfers in ETH to encourage usage of this new feature.