Paxful is one of the leading cryptocurrency marketplaces in the world. It is also one of the most trusted exchanges, as anyone can get verified in just a few minutes. However, buying an account on the platform is not as easy as it sounds.
This Paxful review will discuss how to buy a verified account and what you need to know before you buy one.
What Is A Verified Account?
To buy on Paxful, you first have to have a verified account. This is done through a quick process that only takes a few minutes. A verified account allows you to trade more than one transaction per day and also provides more protection for buyers and sellers.
The process to verify your account starts when you enter your email address, password, and date of birth into the verification system. You will then receive an email from Paxful with instructions on how to confirm your identity by uploading identification documents or taking a picture of yourself holding your ID card.
You can upload your identification documents in any format, including JPEG or PNG, so long as it meets the requirements.
After submitting your verification documentation, it usually takes about five minutes for Paxful’s team to review it before giving you access to trade more than one transaction per day. All you need is an email address and password!
How To Buy A Verified Account On Paxful
Many people are interested to Buy Verified Paxful Account. With a verified account, you can trade more than just bitcoin. You can also buy and sell Ethereum, Litecoin, and other digital currencies. If you want to start trading on Paxful with a verified account, here is how to do it:
- Create an Account
- Verify your Phone Number
- Get Verified via SMS or Email
- Deposit Funds in CryptoCurrency or USD/EUR/GBP
- Buy Bitcoins
- Sell Bitcoins for USD or EUR (or any other currency of your choice).
Paxful Transaction Process
The paxful transaction process is quite simple. All you have to do is tell Paxful about your preferred payment methods, including bank account or credit card information. You also need to provide a phone number and an email address. When the seller approves you, Paxful will send a confirmation text message to your phone number with a link that will allow you to activate your account.
As soon as you click on the link in the text message, your account will be activated and ready for trading. All you need to do now is make your first sale!
Final Words
As the first Bitcoin marketplace, Paxful has grown to become one of the most trusted exchanges. Paxful is a P2P cryptocurrency exchange where people can buy and sell bitcoins, Ethereum, Litecoin, and other digital currencies from other people in exchange for cash.
Buying a verified account on Paxful is risky because you have no idea who you’re buying it from. You don’t know if the person who is selling you the account is going to take your money and never send over any information. In this article, we’ll discuss how to buy a verified Paxful account and what you need to know before doing so!