Using Bitcoin Price Equations for Offers

Modified on Fri, Oct 18 at 5:13 PM

Bitcoin prices vary on each exchange platform. However, Paxful allows users to set Bitcoin rates for their offers. Creating an offer on Paxful has the option to choose a market source of the Bitcoin rate and an option to select a price point. 


When you create an offer to buy or sell bitcoin, you can decide whether to use the regular rate offered by Paxful or select one of the most popular exchange platforms from the list in the drop-down list. The price point is also flexible.


Offer bitcoin price = source price + margin %


In step 2 (Profit margin and trade limits) of the offer creation flow, do the following:


1. Click Switch to advanced mode under Percent above market rate your offer will list at.


An advanced mode section appears.


2. Select an exchange platform from the Custom Price source drop-down list. 



3. Select a price point from the Select a price point to use drop-down list.



Your custom Bitcoin price is set. Continue with the offer flow.


Note: You can always switch back to the simplified offer flow by clicking Switch to Simple mode.


Please look at our common questions about price equations for more information.



If you need any assistance from our Support team, do not hesitate to contact us. Check out this article on How to Contact Support.