PAXFUL Now allows Users From Over 35 Countries to Add and Use Bank Accounts to Trade

Leading Peer to Peer online marketplace for bitcoin and giftcards, Paxful has announced it had added support for users from over 35 countries to add their bank accounts and use it for trading.

The features allows users from about 4 continents to trade on the platform by adding their bank accounts and easily share them with their trade partners with just 2 clicks of a button during bank transfer trades.

The countries supported are Azerbaijan, Bosnia and Herzegovina, Brazil, Dominican Republic, Georgia, Kazakhstan, Mauritania, Moldova, Montenegro, Saudi Arabia, Serbia, Tunisia, Turkey, United Arab Emirates, British Virgin Islands, Sao Tome and Principe, El Salvador, Ukraine, Kosovo, Andorra, Cyprus, Denmark, Faroe Islands, France, Gibraltar, Greece, Greenland, Iceland, Ireland, Italy, Lithuania, Poland, Romania, Sweden, UK.

Exchange Trading Volume

Paxful was founded in few years ago by Ray Youssef and Artur Schaback and has positioned itself as an industry leader in the peer to peer market across the Africa and the world.

In 2016, the CEO of Paxful, Youssef Ray said in an interview that the platform processes 8,000 Bitcoin transactions per day with represents a 4% of total onchain transaction as at that time.

The P2P exchange commands a weekly volume of over $5 Million dollars from the Nigerian Market alone.

New Product Updates

Paxful also released some interesting product updates which were designed to make trading on the platform easier, faster, smarter and secure.

As one of the leading P2P marketplaces for the sale and purchase of bitcoin and giftcards, Paxful recently released a giftcard trading feature which helps to automate gift card trading by letting vendors that selected the option to view receipts of the giftcards before seeing the giftcard codes. This helps to make trades faster and better.

Paxful now also allows traders who create Buy offers to have their offers visible without having the 0.02BTC previously needed to make their offer visible.