Using paxful for exchange

[Thecryptofan911]

Stay away full of scammers and rippers and coin lockers. Sad to see such a great place to trade turn into a Nigerian and Kenyan scamfest. We should notify the SEC about their weak KYC infrastructure and complain. Worst moderated site since well this place lol congratulations bitcointalk forum were no longer the worst moderated webpage!

[1715334511]

1715334511

[Slow death]

You must create Thread in this section:  Scam Accusations

paxful ANN Thread:  [ANN] ✰ PAXFUL.COM ✰ - peer to peer marketplace to buy/sell bitcoin

Profile: @paxful_bitcoin

Name: paxful_bitcoin
Posts: 18
Activity: 18
Merit: 0
Position:   Newbie
Date Registered: June 08, 2015, 10:41:20 PM
Last Active: September 15, 2017, 11:37:44 AM

It is not active for years, but you should create thread in Scam Accusations section and don't forget to add flag:

https://bitcointalk.org/index.php?action=trust;addflag=520886

[LeGaulois]

OP got scammed on Paxful, not by Paxful.
It would be crazy to create a flag against this user. He is not the scammer. Otherwise, we could create a scam accusation against theymos and create a flag, because a lot of members got scammed here. lol

[hugeblack]

It would be crazy to create a flag against this user. He is not the scammer. Otherwise, we could create a scam accusation against theymos and create a flag, because a lot of members got scammed here. lol

I agree with you but if theymos imposes restrictions on identity (KYC & AML) and then fails to reduce scams, he will be responsible.
If that platform (paxful) can not reduce scam, there is no need to verify your ID.
In general, it may have been an isolated case, but if the approach continues and many scams occur, report that platform legally.

[legendster]

It would be crazy to create a flag against this user. He is not the scammer. Otherwise, we could create a scam accusation against theymos and create a flag, because a lot of members got scammed here. lol

I agree with you but if theymos imposes restrictions on identity (KYC & AML) and then fails to reduce scams, he will be responsible.
If that platform (paxful) can not reduce scam, there is no need to verify your ID.
In general, it may have been an isolated case, but if the approach continues and many scams occur, report that platform legally.

The "need" may be subjective. They could be required by law to have a KYC process in place just to get operational permit / licenses.

Paxful is full of scammers and it has been that way for a long time. I remember once I was trying to find an alternative solution against using Localbitcoins and I ended up on Paxful. Luckily I didn't do a single trade there, it was so fishy. Looking back, I was a newbie back then, it would have been easier for me to get ripped off.