Paxful

[codehtcmail]

Hello, is https://paxful.com trusted ?
Is it like Localbitcoins in terms of security for seller ?
I see a lot of Paypal sellers (ie who accept Paypal for BTC), don't they get afraid of Paypal chargeback as they can't get back their BTC.

[aleandromagno]

Of course, that everyone fears chargeback, so each vendor is using multiple safeguards against it. However, scammers always find a way to steal. If you are not experienced with PayPal better stay away.

[BitcoinSupremo]

Hello, is https://paxful.com trusted ?
Is it like Localbitcoins in terms of security for seller ?
I see a lot of Paypal sellers (ie who accept Paypal for BTC), don't they get afraid of Paypal chargeback as they can't get back their BTC.

I am sure that here just like in Localbitcoins the sellers asking you for your ID and not only it also a selfie of you holding the ID and if something happen then the scammer is reported to the authorities. Don't know how much this is successful but its the maximum you can do in websites like Localbitcoins and Paxful.

[Outlander]

Off course ppl who are doing paypal trade are fear of chargeback. But they find a way to deal with the paypal traders, like the counteparty's reputation, trading records etc. Then we will have comfort.

[davinchi]

According to this review site (http://bittrust.org/paxful), the many people lost a lot of money because the site went down. I don't know about the site because I haven't used it but I think bittrust is a reputable site to trust the reviews in it. Seeing that multiple people rated Paxful 1-star, I would suggest that you avoid it as well, unless you are willing to take risks.