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Author Topic: How to sell btc and recive payment thru phonepe  (Read 100 times)
newlink (OP)
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April 13, 2021, 05:50:26 AM
 #1

Hi
if i have to sell btc then what is required for receiving payment from buyer as i had no response from buyer in paxful
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Caross
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April 13, 2021, 06:29:07 AM
 #2

First, what form of payments are you expecting from the buyer. if it is a fiat payment then you have to set your bank account on the exchange you used to sell your bitcoin, so the buyer can send the payment to your bank account.
Jawhead999
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April 13, 2021, 07:03:30 AM
 #3

AFAIK Phonepe is a UPI payment for Indian (INR), so if you want to receive via Phonepe you need to gave your recepient UPI ID to the buyer.
If you haven't it, you need to create your UPI ID first from your bank account.

Daily limit of using UPI payment on paxful is 100.000.00 INR.

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mersal
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April 13, 2021, 09:29:18 AM
 #4

Hi
if i have to sell btc then what is required for receiving payment from buyer as i had no response from buyer in paxful
In Paxful and LBC, the advertisers have their own terms of the trade as well so before requesting the trade make sure you read their terms and most of the traders give information about what they want to make payment in the terms box itself so just follow it is enough to get your payments.

Particularly about Phonepe you just need to give your Phonenumber which is linked with your bank account or just UPI ID as others mentioned above.
newlink (OP)
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April 28, 2021, 02:44:08 PM
 #5

Thank you all, what I understand is that i am expected to give my name also along with UPI ID for selling btc or else no one is ready to trade in phonepe.
pawanjain
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April 28, 2021, 05:13:35 PM
Merited by The Sceptical Chymist (2)
 #6

Thank you all, what I understand is that i am expected to give my name also along with UPI ID for selling btc or else no one is ready to trade in phonepe.

It would have been better if you would have posted your userid here so that we could take a look into your profile on paxful and point out why you didn't get any response.
I believe it could be one of the below reasons

  • Your rating must be low
  • Your price must be high
  • Too much competition

P.S : You can go to your profile and copy the URL and paste it here to get better response

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nakamura12
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April 28, 2021, 05:29:23 PM
 #7



  • Your rating must be low
  • Your price must be high
  • Too much competition

P.S : You can go to your profile and copy the URL and paste it here to get better response
This is more likely the reason why op's sell order is not happening. Op should provide his UID for the payment to be sent when someone did buy on the op's offer of selling btc. In Paxful, when you want to selk you have to choose what you want to use when your btc is sold and receive the payment which phonepe is also supported.

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