Similar Software to Paxful: 4 best alternatives for 2023

Paxful is a free-to-use platform to buy and sell bitcoin. Apart from bitcoin, they also sell and buy Ethereum and Tether. The platform was founded by Artur Schaback and Ray Youssef in 2015. Its headquarters is located in New York and its branch offices are located in Estonia, the UK, Dubai, Philipines, and St Petersburg. They currently have over 400 employees and growing. One of the best features of Paxful is they have over 350 ways to buy and sell bitcoin like bank transfers, online wallets, cash payments, discounted gift cards, digital currencies, and debit/credit cards. Paxful is very safe since it uses the Escrow system for all of its transactions. Escrow is a system that will protect the money in case a scammer is detected. They also have a dispute management system that will step in anytime there are issues between the sellers and buyers. The platform provides an encrypted private messaging system for your convenience. You can also make extra income by becoming a vendor and doing trading or in their affiliate program. After some successful trade, you can withdraw money from Paxful using Paypal, Western union, skrill, or perfect money. To use Paxful you should be at least 18 years old and must have at least one ID verification. Although we are growing worldwide, there are still some banned countries like North Korea, Somalia, Iran, Iraq, and Libya. Join Paxful now and become a part of 6 million happy customers of this platform.

1. LocalCoinSwap

Buy BTC, ETH, DOT, USDT, and more cryptos worldwide using 300+ payment methods.

2. LocalBitcoins

LocalBitcoins is a platform for bitcoins to be purchased and sold. The idea behind this is that you can buy or sell bitcoins directly in your local currency and get a whole lot of access to people who actually want to be in contact with you. The whole idea is that you are earning money from borrowers, who will send you money when they need it but otherwise won’t pay you any interest. LocalBitcoins has some advantages over other exchanges. It is a decentralized exchange, meaning that it does not require users to have an account with any company or service. This means that there is no need for them to register and keep track of their identities, keys, and private keys. Although this is not an advantage in terms of security, it can be important if you want to remain anonymous while trading on LocalBitcoins. LocalBitcoins also allows users to buy and sell bitcoins without the fear of being tracked down by law enforcement. They do not require users to obtain a government-issued ID or provide any sensitive data.

3. Binance

Binance is a digital asset exchange where you can buy, sell or store any digital asset — Bitcoin, Ethereum, Litecoin, or Bitcoin Cash. Binance isn’t just a place to trade, it is also an ecosystem where users can share their knowledge and experience regarding digital assets and blockchain technology. Binance offers an advanced user experience for crypto traders that focuses on liquidity, security and ease-of-use. The exchange can be accessed through desktop applications via Binance mobile apps for iOS and for Android. Changpeng "CZ" Zhanfei founded the exchange in July 2014 following the launch of Bancor, an Ethereum-based smart contract platform. Binance allows you to trade between various cryptocurrencies (including Bitcoin, Ethereum and Litecoin) but also other coins such as Iota, Monero, Qtum and many others. You can also buy and sell these coins with Bitcoin. Binance isn’t just a place to trade, it is also an ecosystem where users can share their knowledge and experience regarding digital assets and blockchain technology.

4. KuCoin

KuCoin is a cryptocurrency exchange for many digital assets and cryptocurrencies, founded by Johnny Lyu in September 2017. Since then, it grew to more than 8 million users globally. KuCoin has several advantages, including low trading fees, a wide range of coins, and a strong user base. With the lowest trading fee in the market, you do not have to pay monthly account fees. In addition, KuCoin maintains a broad selection of cryptocurrencies, including the new ones so you can get in early. In the same way, you can trade often given its added liquidity because of user volume and you can find an active local community with its services. It caters localized services with multilingual customer service. Earning interest in your crypto is easy on this platform. You can earn a sort of stock dividends by staking, or you can put your crypto into a loan to earn interest as a reward. Everyone can trade in it even with just an email address, as long as it is available in your country.