What is Paxful? Does it Work in Kenya?

Paxful is a leading global peer-to-peer platform where traders even from Kenya can buy and sell cryptocurrencies like Bitcoin, Ethereum, Dogecoin and the rest. Paxful is a Japanese word that means peace, was formerly called Easy-Bitz. The goal while creating the forum was to make Bitcoin purchases easy for everyone who wanted to trade in it. Paxful is by far among the most convenient platform to sell Bitcoins. It offers more than 300 payment methods, contrary to traditional exchanges that have limits on payment means; among the payment methods accepted are Skrill, PayPal, credit and debit cards, and mobile money. Alternatively, Paxful offers a variety of buying options. There are many buyers to choose from depending on your preference including the popular Binance.com.

Paxful is present in most countries including Kenya; and allows trading among traders globally directly. You can trade with a trader from most parts of the world without third-party interference saving money that may have been used on transactional fees and using less time to process a transaction. Paxful in Kenya additionally provides opportunities for making money to merchants selling Bitcoin online. Paxful also has an Affiliate program that rewards you with a 2% revenue on Bitcoin bought by your referrals. Additionally, fees on Paxful are relatively low. Sellers pay a 1% fee on Bitcoin sold while buyers transact for free. Fees applicable to Paxful Kenya are the Bitcoin Network fees directed to the miners and are very low. It is, however, essential to note that total charges may vary depending on the payment method.

Measures While Using Paxful

With that said, it is imperative to practice caution while trading. It is possible to get scammed by a buyer on the platform. You can avoid getting scammed by trading exclusively with verified users, carefully reading the Paxful terms of service, dealing with highly-rated users by many traders, maintaining professionalism at all times while on the platform, and trading exclusively on escrow. You should also carefully select your seller to get decent exchange rates.

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