Key Data

• Trading Name: Paxful, Inc.  d/b/a Paxful (previously EasyBitz)
• Legal Entity: Paxful, Inc.
• Activities: global crypto trading platform
• Location: United States
• Regulations: unregulated
• Key People: Ray Youssef and Artur Schaback.

Paxful, Inc.  d/b/a Paxful (previously EasyBitz) is a global crypto trading platform where you can buy and sell BTC, ETH, and USDT from millions of users, using 350+ payment methods including PayPal, Western Union, Revolut, and any credit card. No other cryptocurrencies than Bitcoin (BTC), Tether (USDT), and Ethereum (ETH) are available.

Paxful was founded in the summer of 2015 by Ray Youssef and Artur Schaback. The company is headquartered at 3422 Old Capitol Trail, Wilmington, Delaware. Paxful is not a regulated entity.

Today the company has 4.8 million users and employs 200+ individuals, with global offices in Hong Kong, Estonia, and the Philippines. Its headquarters are located in the New York City (NYC) office, USA. Its users also span the world, with active Paxful traders found everywhere from Pakistan and Malaysia to the UAE, India, Zimbabwe, and Indonesia.

Offering

The platform operates as a direct exchange where buyers and sellers of cryptocurrencies and gift cards can meet and transact with each other directly in a peer-2-to-peer (P2P) approach.

An interesting feature is the Gift Card Hub, where you can use BTC, ETH, and USDT to buy gift cards from a variety of other customers.

Paxful wallet is a free way to manage cryptocurrencies or access the P2P marketplace to buy and sell bitcoin. The wallet is available for download on PC, mobile devices, or via API trading.

Customer Support

Customer support channels are limited. An online contact form and a live chatbot are available on the Paxful website or via the mobile app. Neither a support email address nor a phone number is provided.

News 

In May 2023, the crypto exchange inexplicably went down for several days.

The reason for the interim suspension: personnel problems and regulatory pressure. The company did not disclose what has now changed in the situation.

Costumer Review

Customers appreciate Paxful. On Trustpilot, the crypto platform holds a 4.6-star rating with a corresponding “Excellent” trust level from almost 49,000 reviews

Conclusion

We rate them on GREEN!