Hey all
I'm a long time user of LocalBitcoins but I am stopping because of their KYC.
I came across Paxful but I am unsure of the reputation, has anyone here used it? If so, please can you let me know of your experience. I've read some dreadful Reddit reviews about scammers etc.
Also, has anyone ever used a cash service on Paxful?
Thanks
There used to be a lot of GC scammers on Paxful but I think this is less of an issue now.
I remember I had an ad to sell BTC for AdvCash and I even got a few carders trying to promote themselves through the chat which actually held my coins in escrow in a while, which was a hassle.
In terms of the support, it's honestly not that great, perhaps industry average at best. But they have been running for a long time now, and there are some pretty good spreads (anywhere between 3-10%) that you can take advantage of if you are creating an ad to sell/buy BTC. Just beware that they are moving towards more KYC as well - you wouldn't be able to trade anonymously forever.