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What is Paxful? Paxful is a popular P2P crypto exchange platform. Its functionality allows the purchase and sale of cryptocurrencies at a market price with low fees. The process is quick and not demanding. Paxful also offers an in-built crypto wallet for storing purchased coins.
Paxful is a legitimate way to exchange money using blockchain. It offers the entire crypto pipeline: buying, storing, and selling coins in an app. It’s an effective way to handle cryptocurrencies and one of the world’s fastest. You only need a working Paxful account to start here.
Paxful Features & Benefits
Paxful is a simple application that offers basic functionality for exchanging crypto money in a streamlined form.
They provide sale, purchase, and storage for:
- Bitcoin (BTC)
- Tether (USDT)
- USD Coin (USDC)
The list is comprised of Bitcoin, which is the staple crypto product throughout the web, and two stablecoins, which offer reliable decentralized finance capabilities. They are predictable and trustworthy, making them a desirable choice for individuals and companies like Paxful.
Paxful is available in the browser and application forms, and the features are identical across the platforms. The app is a convenient, fast method of obtaining crypto. The integral wallet functionality adds another reason to use a Paxful account on mobile. All you need is a functional account.
It’s a P2P exchange platform, meaning that each transaction is made with individuals at market price. That ensures low commissions, instant transfers, and absolute transparency. Paxful isn’t an exchange. Instead, the company provides the grounds, safety, and technology for transactions.
Paxful account registration — Explanation
It’s easy to create a new Paxful wallet. The process comes in two varieties:
- The phone number registration.
- The e-mail registration.
Both require a password, and little else. After that, the registration is largely complete. However, more is needed to enter Paxful than just a registered account. You must also verify it through a KYC (know-your-customer) system, which means providing some ID, address verification, etc.
Paxful verification is a standard procedure, but you can use it with limitations even without verification. You can further reduce the impact by refusing to give them your email and your phone number. All you need to do is select the phone number method and give them a virtual (i.e. fake) number.
They don’t need your phone number anyway. They demand it to avoid dealing with bots trying to get into the system, but you can easily bypass this security measure without compromising the user experience. To do it, just purchase a virtual number. They are legit, effective, and untraceable.
Virtual Phone Number for Paxful
Virtual numbers are a type of phone number that can be purchased freely online without a SIM card. It means that purveyors of such phone numbers can avoid providing personal info while registering on the Internet. This way you can create a completely anonymous account Paxful or on any other crypto exchange such as Binance, KuCoin and others.
Virtual numbers are disposable and effective. It’s impossible to determine the number’s virtual nature, meaning that no punishment is likely to follow. Buying virtual numbers is also not a security risk. It’s fast, cheap, and pleasant if done from trustworthy sources. There’s no reason not to use a virtual number with Paxful.
SMS-man offers virtual phone numbers to receive SMS and verification for many online services. There are more than 180 countries to choose from, allowing you to get phone numbers from countries such as USA, Canada, Germany, India, Turkey and others.
To purchase a virtual phone number to register Paxful account, follow these steps:
- Open sms-man.com, create an account and log in.
- Top up your balance on the special page.
- Go back to the main page by clicking “buy SMS”.
- Choose one of the countries and “PaxFul” app from the list.
- Click the purchase button to finalize your order.
- Find the “History” section and copy the virtual phone number for Paxful.
- Enter it during registration and wait for the confirmation code.
- Get the code by clicking “Receive SMS” and complete the registration.