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prospectorr
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October 07, 2019, 04:21:26 PM
 #1

I'm wondering how Paxful.com is doing business in India, they are still offering buying and selling of bitcoins

They are even supporting IMPS, UPI, PAYTM, PHONEPE, BHIM, and Bank Transfer to buy and sell bitcoins

Your comments are welcome...
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October 07, 2019, 05:45:06 PM
 #2

I'm wondering how Paxful.com is doing business in India, they are still offering buying and selling of bitcoins
They are even supporting IMPS, UPI, PAYTM, PHONEPE, BHIM, and Bank Transfer to buy and sell bitcoins
It is working fine and i have done many transactions in the past one year which includes selling of BTCitcoin and i used to accept IMPS bank transfer. There is no issue in dealing in paxful but the only issue i find using UPI transaction is that the buyer will get my phone number which is not a good way and hence i stopped that option.

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October 08, 2019, 03:23:41 AM
 #3

I'm wondering how Paxful.com is doing business in India, they are still offering buying and selling of bitcoins
They are even supporting IMPS, UPI, PAYTM, PHONEPE, BHIM, and Bank Transfer to buy and sell bitcoins
It is working fine and i have done many transactions in the past one year which includes selling of BTCitcoin and i used to accept IMPS bank transfer. There is no issue in dealing in paxful but the only issue i find using UPI transaction is that the buyer will get my phone number which is not a good way and hence i stopped that option.

You mean phone number in your upi payment address? If so, you can just create a new one without mentioning your number.

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October 08, 2019, 04:08:14 AM
 #4

~snip
You mean phone number in your upi payment address? If so, you can just create a new one without mentioning your number.
Provided the QR code after starting the trade but the end user wanted to contact and i thought there is no issue with that too as the buyer wanted to keep direct contact and want to have a transparent transaction but then the problem started when they start bothering me bombarding with personal questions, i usually trade with IMPS or bank transfer but some users want to do UPI app transfer after starting the trade and i wanted to give them the option.
The problem arises when all the contacts started calling you when you are busy with other personal work and i was forced to change the number.

Lessons learned, have a separate number for these kind of transactions rather than giving your personal number  Cheesy, this is not a recent event but when the RBI banned banks to deal with the exchanges i was active in paxful and i did not want to enforce things and was happy to give the buyer more options and hence that happened.

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prospectorr
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October 10, 2019, 01:35:47 PM
 #5

Oh! That's great to hear that paxful.com is still working in India for exchange, I was not using it before but going to test it in coming days.

Thanks for your comments guys!
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October 12, 2019, 06:33:43 AM
 #6

I'm wondering how Paxful.com is doing business in India, they are still offering buying and selling of bitcoins

They are even supporting IMPS, UPI, PAYTM, PHONEPE, BHIM, and Bank Transfer to buy and sell bitcoins

Your comments are welcome...
Paxful is not buying and selling Bitcoins directly. It is the sellers who are buying and selling Bitcoins. Which is legal in India. Localbitcoins is also doing the same. I've been using these exchanges for many years without any problems.
But remember don't fall for unrealistic offers. There are many scammers here.

 
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October 13, 2019, 07:23:10 PM
 #7

I'm wondering how Paxful.com is doing business in India, they are still offering buying and selling of bitcoins

They are even supporting IMPS, UPI, PAYTM, PHONEPE, BHIM, and Bank Transfer to buy and sell bitcoins

Your comments are welcome...

paxful is p2p escrow platform.they are doing great.buy btc in India make lots more easier.
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