Paxfulbd.com what the heck is this?

Paxful is one of the popular website for crypto. I never had used it but recently this website was found in facebook group which I was surprised of. Someone from Bangladesh has created it, no doubt they have the right to choose any domain but this is very misleading. Paxful doesn't have any such site. The owner is trying to pretend as sub of paxful? Poor newbie will get trapped. I don't know if they are a legit or scammer although.

Quote from: Pffrt on April 02, 2020, 06:56:51 AM

I never had used it but recently this website was found in facebook group which I was surprised of.

Where is the facebook group you can see it? It is definitely not an official group Roll Eyes

I didn't know it had anything worth thinking about Roll Eyes

Any claim from unofficial facebook pages or groups is unreliable, just ignore it. Just check out their official facebook page with mainstream info Wink

I had a look at that site, it's like a local cryptocurrency exchange, this means it's a completely independent website, I'm not sure about its security, but it is not fake paxful Wink

Looking at the UI and how everything is broken on the site, I doubt anyone would relate them to the original site.

Regarding their legitimacy, I don't see the reason to use them since there are many reputable alternatives for Bangladeshis.

There's nothing trustable about them.

Using that domain name means they deliberately want to associate themselves to paxful and that can't be any good. They can't even run a decent website (+ to the missing TOS, privacy policy, team behind, broken english), how can we expect them to keep safe their users money and personal information. People should be warned about this.

Quote from: Potato Chips on April 02, 2020, 08:08:26 AM

To be honest you'd become suspicious at once only by hearing where this has taken up from - Bangladesh, with nothing but a fake domain pretending to know staff but in the end looking at the level of language used you soon realise this is all but a hoax. My philosophy is that if you haven't heard of them, than maybe don't trust it as 99% of the time these new projects will not be so under-represented if they're actually good.

Quote from: OmegaStarScream on April 02, 2020, 07:22:25 AM

No one with little knowledge on crypto will trust this but you know there are a lot of newbies who will trust. I know how fool newbies in crypto are from our country.
Localbitcoin and paxful are the best site to trade crypto but as far as I know they require KYC which is a big resistance for some people. That's where they need site like this. I don't want to fill KYC, as a result I use this kind of site to buy sell BTC. I have almost all the sites bookmarked. I would try any site with other domain but this seems to be intentional way to attract people to scam.
My whole point is they are deceiving people.

Looking at the domain information, as of today, the websites is less than 2 weeks old, but they have quite a number of positive "feedback" which i believe is fake Roll Eyes

https://www.whois.com/whois/paxfulbd.com

Look at the names that wrote the feedback, all of them have a figure at the end. I don't think all people in Bangladesh or even on a sample of 5 can have usernames with the same pattern... very fishy!!!

Archived: http://archive.fo/t8vnt

This looks very shady and may be an attempt to scam newbie who have no idea. I have never seen this site before although I am more active in one buy sell facebook group where almost all the services spam their exchange. If you are looking for exchanging btc to bdt, send me a PM. I have couple of websites where I regularly exchange without any problem. They are very trusted to me.

Quote from: logfiles on April 03, 2020, 10:52:23 PM

That makes the sense. They are fake vouching themselves.

Paxful is so popular. Thank you op for sharing.
It's extremely dangerous. Paxful offers to each user a unique address to receive funds at any time without using the deposit option. So many people use Paxful as their main wallet. We all know that paxful is considered as a wallet by newbies and even experienced traders.
Not only people looking for to exchange crypto may be potential victims of this fake website, but also those searching paxful to have a btc wallet.
There is fake copies of almost all important apps in crypto. Does there any method to report those fake links? Not just with paxful, i mean where a user can report suspecious websites and to be publicly shown or if there is anyway to shut them down.

Quote from: coupable on April 04, 2020, 05:23:42 PM

Does there any method to report those fake links? Not just with paxful, i mean where a user can report suspecious websites and to be publicly shown or if there is anyway to shut them down.

There is away but it's a lengthy process and even after you have reported the website in most cases doesn't usually get taken down(i have tried it before in vain). Maybe the other way would be through google safe browsing so that the domain is flagged as a malicious/phishing website but i think this means requires a lot more people to report before it's flagged.

Quote from: coupable on April 04, 2020, 05:23:42 PM

So many people use Paxful as their main wallet. We all know that paxful is considered as a wallet by newbies and even experienced traders.

I would not call anyone using the paxful wallet as their main wallet is an experienced trader Roll Eyes

No experienced trader would do that. How is an experienced trader?It is someone who understands what a wallet is, they must know the risks when they use a trading platform as a wallet and stay away from it. Using paxful on a regular basis does not mean that they should keep all their money there, a wallet mean you're free to do anything with it, private keys, seeds, signed messages, etc.
Paxful itself is not 100% safe for users with P2P transactions, users still need to be more careful when trading there.

Quote from: ChuckBuck on April 05, 2020, 04:44:41 AM

Quote from: coupable on April 04, 2020, 05:23:42 PM

So many people use Paxful as their main wallet. We all know that paxful is considered as a wallet by newbies and even experienced traders.

I would not call anyone using the paxful wallet as their main wallet is an experienced trader Roll Eyes

Paxful can never be a wallet to store coins however most of the people who invest in BTC have zero or very small knowledge on the bitcoin technology. They used to store btc in exchanges, custodial wallet along with some non custodial wallet but very few people store their coins as they should. It's not a surprise that people use such stupid methods to store BTC.