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Author Topic: Would you rather use Paxful or LocalBitcoins and why?  (Read 2082 times)
hardtime
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February 13, 2017, 07:39:58 PM
#1

I've always been a user of Paxful but I've went on LBC a couple times, the two companies seem to have a good amount of similarities but Paxful seems more polished and easier to use. One thing on the other side is that LBC has a ton more people doing deals on the site, anyway on here that can shine some light on the positives for LocalBitcoins that make them such a popular pick over a nicer site with (probably) better customer support?

Thanks a ton guys.

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Henkkaa
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February 13, 2017, 07:41:58 PM
#2

I've always been a user of Paxful but I've went on LBC a couple times, the two companies seem to have a good amount of similarities but Paxful seems more polished and easier to use. One thing on the other side is that LBC has a ton more people doing deals on the site, anyway on here that can shine some light on the positives for LocalBitcoins that make them such a popular pick over a nicer site with (probably) better customer support?

Thanks a ton guys.

I have only heard bad things about Paxful, such as their escrow system allowing scams easier than other ones. Personally, I would go for Localbitcoins, since I have heard good about it and it is a Finnish company. Though, all this depends on what I would be using it for.
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February 13, 2017, 07:46:45 PM
#3

I've always been a user of Paxful but I've went on LBC a couple times, the two companies seem to have a good amount of similarities but Paxful seems more polished and easier to use. One thing on the other side is that LBC has a ton more people doing deals on the site, anyway on here that can shine some light on the positives for LocalBitcoins that make them such a popular pick over a nicer site with (probably) better customer support?

Thanks a ton guys.

I have only heard bad things about Paxful, such as their escrow system allowing scams easier than other ones. Personally, I would go for Localbitcoins, since I have heard good about it and it is a Finnish company. Though, all this depends on what I would be using it for.
I never use this Paxful just because of this cannot say any thing about this but I am using Localbitcoins for sometime never have any issue escrow service is also doing very good best thing support is very active they replied my all messages very quickly and positively just because of this I can vouch for them
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February 13, 2017, 07:54:40 PM
#4

The thing with those services is that they are legit but sometimes you are simply dealing with professional scammers who targets newbies , not to mention that some accounts with high feedback and positive trust are being sold and bought on the forums In order to scam people for large amounts. It's a matter of your personal choice at this point but I'd go with LocalBitcoins because It has more userbase and exists for a longer time.


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February 13, 2017, 07:55:25 PM
#5

LocalBitcoins that make them such a popular pick over a nicer site with (probably) better customer support?
1.Localbitcoins is truly peer to peer with cheapest service fees.
2.Their automated escrows are one of the best middlemen services around.
3.Barely people get scammed through LBC.
4.At the end of the day,it depends on which country you're coming from.

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February 13, 2017, 11:33:49 PM
#6

Im on localbitcoins.com because it has many supported locations or countries. You can trade or exchange bitcoin in the place near you and a lot of ways of payment.  I just dont know if paxful can do that. Lbc i think is the most trusted by people. But Paxful is good too. But few people are using this.

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February 14, 2017, 12:25:29 AM
#7

IMO they are different types of site, lbc is a place to trade among users, paxful is not, it looks like shapeshit type. So it is quite different. You know LBC is awesome, trading price usually higher than market price.
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February 14, 2017, 11:26:50 AM
#8

localbitcoin for me, it's more known than paxful and more trustworthy, but still you need to pay attention to scammers and federal agent that seek for people that operate without the right license for money trasmitting

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February 14, 2017, 11:37:18 AM
#9

Since I read that news that Paxful CEO was arrested in Miami on weapons and drugs charges I would rather not use Paxful at all.
People like this + bitcoin exchange is not the ideal combination IMO. We had one Karpel鑚, and that is enough.

Source: https://cointelegraph.com/news/paxful-exchange-ceo-and-cto-arrested-in-miami-on-weapons-and-drugs-charges


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February 14, 2017, 05:11:36 PM
#10

Why do I feel that's an hoax ? You know the competitive exchanges will try their best to beat their competition.Stuff like this happens all the time.Also that article doesn't really mention what who and where.

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February 14, 2017, 10:37:38 PM
#11

Why do I feel that's an hoax ? You know the competitive exchanges will try their best to beat their competition.Stuff like this happens all the time.Also that article doesn't really mention what who and where.
I cannot guarantee this is 100% accurate info, as bitcoin related news services has history of spreading somewhat inaccurate gossips.
But I doubt they would write blatant lies like this. They would be sued by Paxful CEO for slander if that news was fake.
Plus, I looked up this story and it seems this report is presented on at least 10 more BTC news portals.


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February 15, 2017, 07:04:42 AM
#12

LocalBitcoins that make them such a popular pick over a nicer site with (probably) better customer support?
1.Localbitcoins is truly peer to peer with cheapest service fees.
2.Their automated escrows are one of the best middlemen services around.
3.Barely people get scammed through LBC.
4.At the end of the day,it depends on which country you're coming from.
I prefer using localbitcoins to paxful but it all comes down to the availability of the trade am looking for!
And I agree LBC has cheaper escrows fees and you are less vulnerable to be scammed from there as compared to paxful.


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February 15, 2017, 10:23:44 AM
#13

There is no doubt that localbitcoins is the first of its kind and paxful have popped up quite recently. That's why localbitcoins have more traders than paxful, i have also used both of them before. However i like localbitcoins because of lots of buy/sell offer with much more favorable terms for me.

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February 15, 2017, 10:40:49 AM
#14

I talked to few traders from Paxful, and unfortunately, most of the transactions they offer were suspicious or at least strange. I also saw a lot of offers of selling Paxful accounts, which proves that people trade there 'trust rates'. In my opinion definitely much safer is LocalBitcoins.

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February 15, 2017, 11:06:08 AM
#15

I have bitter experience with LBC because i got my skrill account blocked for selling my bitcoin for skrill to a guy with low trading volume. I have no experience with paxful but i think they are similar to localbitcoins which is not quite popular like LB.

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February 15, 2017, 11:22:58 AM
#16

I've always been a user of Paxful but I've went on LBC a couple times, the two companies seem to have a good amount of similarities but Paxful seems more polished and easier to use. One thing on the other side is that LBC has a ton more people doing deals on the site, anyway on here that can shine some light on the positives for LocalBitcoins that make them such a popular pick over a nicer site with (probably) better customer support?

Thanks a ton guys.
Actually you like any thing in this world for virtually or practically , You will like and hate according to your needs and recruitments .
Here I heard about 10-20 times about the paxful . Since the most of the time I heard about the paxful to make trade but  once I jeared about this exchange that here security of escrow is low powerful and can be result into scam by ripper ( since no one my firnd got scam.or any loss ) .
But I regularly using LBC , I found LBC at very first in the internet for making deals with bitcoin for your local fiat and also I found LBC provide best customer supports service which is making it more useful than any other  exchange .

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February 15, 2017, 11:51:54 AM
#17

localbitcoin for me, it's more known than paxful and more trustworthy, but still you need to pay attention to scammers and federal agent that seek for people that operate without the right license for money transmitting

Wouldn't that also stand true for LBC? It's not like the buyers and sellers (mostly sellers) don't have to adhere to federal law / KYC laws relating to currency exchange, I would think it wouldn't matter what exchange you're on when it comes to this.

I heard the whole Paxful CEO being arrested was a hoax too, don't remember where I saw it though.

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February 15, 2017, 02:57:21 PM
#18

I have never used paxful but I have already use more than five times last year localbitcoins.com. I usually use the option national bank transfer and not only I had never face any problem but my transaction ends after  20-30 minutes at most. Once I used person to person but again my transaction was fine.
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February 15, 2017, 05:31:13 PM
#19

Never used paxful, but definitely agree the UX is better the LBC. But LBC has way more users so it's a lot easier to find offers.
Been using LBC for a while and never had any problems.
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February 15, 2017, 07:14:36 PM
#20

Paxful is good but I prefere localbitcoins. I have my trusted trader there who I always make the business with.On localbitcoins you can find your local traders so you can buy or sell Bitcoins in your local currency and it's easy to transfer money to or from bank account if you wish so. You can also settle face to face trade. There is variety of deals and offers you can choose.

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