Tagged: paxful

P2P Bitcoin Marketplace Paxful Reveals that Russians are Turning to Cash and BTC Due to Economic Uncertainty Resulting from COVID-19

Peer to peer Bitcoin marketplace, Paxful claims that there’s now a growing interest in the use of P2P Bitcoin (BTC) trading platforms in Russia. According to a release shared with Crowdfund Insider, many Russians have been turning to cash and BTC during these times of… Read More

P2P Bitcoin Marketplace Paxful to Stay Focused on Supporting Financial Inclusion, Reports $4.6 Billion in Trade Volume after 5th Year of Service

Paxful, a leading peer to peer (P2P) Bitcoin (BTC) marketplace, says it plans to promote greater financial inclusion across the globe. The P2P exchange confirmed on July 14, 2020 that it has surpassed $4.6 billion in trading volume and processed around 4.5 million digital wallet… Read More

P2P Bitcoin Marketplace Paxful Overtakes LocalBitcoins in BTC Trading Volume, Considered One of the Safest Exchanges by Chainalysis

Paxful, a leading and fast-growing peer to peer (P2P) Bitcoin marketplace, recently overtook  LocalBitcoins in weekly global BTC trading volume. Paxful users reportedly traded almost $39.8 million worth of Bitcoin (globally) during the week that ended June 6, 2020. Meanwhile, LocalBitcoins reported around $39.5 million… Read More

OKEx Announces Partnership With Paxful

Digital assets exchange OKEx announced on Monday it has formed a strategic partnership with peer-to-peer Bitcoin marketplace, Paxful. Through the partnership, the Paxful Kiosk will notably be integrated directly within the OKEx platform to allow new and existing users to benefit from a variety of… Read More

P2P Bitcoin (BTC) Marketplaces in India Report Increased Activity, as Local Blockchain Job Market Begins to Take Off

Centralized digital asset exchanges such as CoinDCX and WazirX in India have been aggressively marketing their services to the nation’s residents, after the Supreme Court of India struck down the Reserve Bank of India’s (RBI) blanket ban on crypto-asset businesses in March 2020. Peer to… Read More

Paxful Enters India Market, Quickly Emerges as Top P2P Bitcoin Marketplace

Paxful, a peer-to-peer Bitcoin marketplace, has recently entered India – a country that has recently seen a change in rules that have enabled crypto exchanges to operate thus opening the door to a huge market. Paxful states that an in-house survey about the future potential… Read More

Ray Youssef: CEO and Co-founder at Paxful Explains How Company’s Global Bitcoin (BTC) Marketplace Is Enabling Greater Financial Inclusion

Ray Youssef, CEO and co-founder at Paxful, a leading peer to peer (P2P) Bitcoin (BTC) marketplace, recently shared his views and insights with Crowdfund Insider. Paxful says it’s on a mission to support “social justice through financial freedom worldwide.” The company offers a platform with… Read More

Bitcoin Marketplace Paxful Now Offers P2P Gold Trading

Paxful, a Bitcoin marketplace, is now offering peer to peer trading in gold, according to a company release. In a blog post, the company said the new service was due to customer demand. The advent of the COVID-19 pandemic has heightened interest in gold –… Read More

Bitcoin Exchange Paxful Becomes First P2P Crypto Trading Platform to Work with Chainalysis to Enhance Compliance Processes

Chainalysis, a leading blockchain analytics and security company, has teamed up with Paxful, a major peer-to-peer (P2P) digital asset exchange. The partnership involves Chainalysis helping  Paxful with enhancing its compliance and KYC processes. Paxful will reportedly be using Chainalysis’ know your transaction (KYT) and “reactor”… Read More

Leading Peer to Peer Bitcoin Marketplace Paxful Processed $1.6 Billion in Global BTC Trading Volume in 2019: Report

Paxful, a leading peer-to-peer (P2P) Bitcoin marketplace, revealed that it processed more than $1.6 billion worth of global trading volume last year. India’s digital assets industry has been experiencing major challenges as the nation’s central bank, the Reserve Bank of India, has prohibited local banks… Read More

Ray Youssef: Paxful CEO Discusses the Role of Peer to Peer Bitcoin Finance in the Global Economy

Ray Youssef, the CEO at Paxful, a leading peer-to-peer (P2P) Bitcoin marketplace and money translator service, recently shared his views and insights about the importance of providing quality financial services to the world’s unbanked (and underbanked) population. Youssef, a history graduate from Baruch College and… Read More

P2P Bitcoin Marketplace Paxful Reports 70% Increase in Bank Transfers Due to Institutional Clients

Bitcoin marketplace Paxful is reporting a 70% increase in bank transfers due to “the onboarding of institutional clients.” Earlier this year, Paxful lowered the bank transfer fee to 0.1% – a move that may have helped boost user interest. On the Paxful peer to peer… Read More

Peer to Peer Bitcoin Platform Paxful Says Average Monthly Volume is $65 Million

Peer to peer Bitcoin platform Paxful has sent over a note about the first 6 months of 2019. According to the P2P service, the average monthly volume in USD for the first half of 2019 was $65 Million. This amount is almost double the volume… Read More

Africans Using Gift Cards to Buy Bitcoins Through Paxful

Owners of a peer-to-peer Bitcoin trading app called Paxful says Africans are conducting 17 000 bitcoin trades per day using the service, and that the majority of the trades involve exchanging bitcoins for gift cards from Amazon and iTunes, according to a recent blog post… Read More

Peer-to-Peer Bitcoin Tech Group Paxful to Build Blockchain Incubator Hub in Nigeria

Paxful, a global peer-to-peer bitcoin technology company, announced on Thursday it is set to build a blockchain technology incubation hub in Lagos, Nigeria, as part of its growing investment in Africa. The company reported that it has appointed Chuta Chimezie as Regional Director of Africa. He will be responsible… Read More

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