Do you have 1 bitcoin and are you looking for a car?
Paxful is arguably the most well-known peer-to-peer trading platform for cryptocurrencies. Think of it as a marketplace where supply and demand come together, without an order book. It's especially widely used in the United States and Nigeria Paxful.Do you have 1 bitcoin and are you looking for a car? Then you can post this on the site. Or do you have gift vouchers and want to sell them for bitcoin? Then you can make a deal for that too
Paxful's new service allows users to pay using nearly 400 payment methods. Under the hood, a conversion is done with Paxful Pay so that bitcoins are eventually sent to the recipient's wallet
Conversely, this also means that you can pay with Bitcoin even if the retailer prefers not to keep the Bitcoin and instead simply converts it directly into dollars. Businesses that want to use this payment option can sign up to integrate the service into their checkout process. According to reports, there are already six million people using Paxful to buy, sell, or trade Bitcoin.
The company expects to offer more digital currencies soon
Through Paxful Pay, businesses can then manage their income themselves. Merchants also have control over the configuration of the platform at the Paxful Merchant Dashboard. Here they can track each transaction and also set the currency they want to receive in the wallet.The company expects to offer more digital currencies soon, and they also plan to introduce automatic conversion to stablecoins like Tether (USDT). In addition, customers can have their Bitcoin automatically converted to their local currency in their bank account via Paxful Pay.
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