Using Cash to Buy or Sell Cryptocurrency on Paxful: What You Need to Know
Paxful supports a variety of cash payment methods for buying and selling cryptocurrency. Here’s a step-by-step guide to help you navigate the process.
TRADING
Finding an Offer
To begin buying cryptocurrency with cash, start by searching for an offer that accepts cash as a payment method. Enter the amount you want to purchase and select your preferred currency.
Once you find an offer that matches your needs, read the offer terms carefully. These will outline the seller's payment requirements and any other important conditions.
If you agree with the terms, you can proceed to start the trade. After initiating the trade, you’ll receive detailed instructions—often including how to meet the seller or what kind of proof, like a teller receipt, is required.
If anything is unclear during the process, don’t hesitate to message the seller through the trade chat for clarification.
CREATING AN OFFER
If you prefer, you can also create your offer to buy cryptocurrency with cash. Keep these points in mind:
Set a margin that makes the trade profitable for you—note that negotiations aren't allowed once the trade has started.
Clearly outline your offer terms and instructions.
Specify how you’ll provide proof of payment and how much time you’ll need to complete the payment.
Once your offer is published, wait for a seller to start a trade with you. You'll receive a notification when that happens. From there, communicate any necessary details and proceed with the payment.
COMPLETING THE TRADE
The payment process is usually straightforward. Just make sure you have the correct recipient information and hold onto all payment proof. Don’t forget to mark the trade as Paid in the chat once your payment is sent, or else the trade will expire.
When the seller releases the BTC to your wallet, the trade is completed.
AFTER THE TRADE
After finishing a trade, consider leaving feedback for your trading partner. If the experience was positive, you might also want to add them to your trusted list for future transactions.
Looking for more tips? Check out additional resources on how to buy cryptocurrency with cash on Paxful.
For any trade issue, please file a dispute. Check out this article for the steps: How Do I Start a Dispute on Paxful?If you need any assistance from our Support team, do not hesitate to contact us. Check out this article on How to Contact Support.