Trade Page Lite

Modified on Tue, Jan 2 at 12:29 PM

Paxful has created a simpler and smarter approach to trades with Trade Page Lite. Now you can trade without time-consuming trade chats. It becomes possible as the most important trade instructions and requirements are now part of the trade process itself.


The requirements, which affect the trade flow directly, are chosen by the seller of cryptocurrency during the offer creation process. Here is an overview of the feature:


Note: For now, this option is available only for offers to sell crypto for PayPal transfers.


 

Creating an offer


With the simplified version, you go through a similar process as with the classic version. However, you have additional payment-specific requirements to choose from. Chat is avoided as trade instructions and requirements are integrated into the trade flow. Here is an example of such a process with a PayPal offer:


1. Start creating an offer to sell your cryptocurrency as usual.


2. Select PayPal as a payment method.

A new section appears below the list of payment methods.


3. Click Lite Trade to apply an automated trade flow for your offer. A list of options appears below.



4. Select the ID proofs you want to request from the buyer.


Note: ID requests can be removed from the trade process if you have already traded with the buyer before and if the buyer has successfully verified his ID with our Compliance Team.



5. Scroll below and tick the Proof of Payment box if you want the buyer to upload proof of payment during the trade process.


6. Type in your email in the Your PayPal email field.


Note: We will show your email address to the buyer only after you view and approve any proof you have requested from them.


7. Proceed with the offer creation flow as usual.


Note: If your trade requires a security deposit, you'll need to deposit to ensure your offer will be visible on the marketplace.


Trading as a seller of cryptocurrency


Step 1


1. When a trade starts, wait for the buyer to upload the documents. Optionally, click Chat with Buyer to switch to classic trade chat.

Once the buyer uploads all the proofs, they appear on your screen.


Note: At this stage, only the buyer can cancel the trade.


2. Review the proofs and click Accept next to each image.


Note: If you do not accept proof, click Reject. The user will try to upload a new file.


Step 2

1. Wait for the buyer to make the payment. If necessary, start a chat with a trade partner by clicking Chat with Buyer.


2. Once the buyer has confirmed making the payment, click the Proof of Payment icon to view the buyer's proof.


3. Tick the box below to confirm receiving the actual payment.


4. Click Release to send cryptocurrency from the escrow account to the buyer's wallet.


Note:

  • Click Chat with Buyer to switch to classic chat to clarify any details.
  • Click Start dispute in case of an issue with the payment or suspicious actions from the buyer’s side.

Tip: After a successful trade, do not forget to leave feedback for your trade partner.



Trading as a buyer of cryptocurrency


Step 1

1. Once you have started a trade, click Upload to start uploading the proofs requested by the seller of cryptocurrency.


The upload file dialogue box appears.


Note: During the trade process, you can click Cancel Trade to cancel the trade.



2. Choose a file and click Upload

Note: There are three ways to upload your files:
  • Choose a file from your device.
  • Provide a direct link to a file.
  • Make a photo with your device.


3. Repeat the same actions for all proofs in the list and click Send to Vendor


Note: The seller can at any time switch your trade to a classic chat version.


Wait for the seller to review your proofs. Once the seller accepts your proofs, the Step 2 section activates.



Step 2

Once your proofs are accepted by the seller, the Step 2 section becomes active.

Note: If the seller rejects some of your files, you will be taken to the previous step to try uploading a different document.


1. Click Upload to upload the proof of payment in the same way as all previous files.


2. After making the payment and uploading the proof requested, click Payment Complete.

The Step 3 section will be activated.



Step 3

Wait for the seller to release cryptocurrency.


In the event of success, you receive a notification confirming that the funds have been transferred to your cryptocurrency wallet.


Tip: After a successful trade, do not forget to leave feedback for your trade partner.


Have a look at our articles about how to buy cryptocurrency with online wallets and how you can create an offer to sell your cryptocurrency.



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