Paxful alternatives

Withdraw their funds.Although Youseff pointed out that “we are not sure if it will come back”, don’t fret, my fellow crypto enthusiasts! There is plenty of other fish in the sea…err, platforms in the blockchain, I mean. And luckily for you, I’ve reeled in the top ten Paxful alternatives for selling Bitcoin in Nigeria.Whether you are an OG in the crypto space or just getting the hang of it, there are many crypto exchange alternatives to pick from. Let’s discuss a few of them; I’m sure you will find the one most suitable for your needs. Let’s dive in and explore your options.Top 10 Sites Like Paxful To Exchange Bitcoin in Nigeria1. Breet Breet AppBreet is an OTC crypto trading platform specifically designed for the African market. With Breet, you can sell your Bitcoin, convert it to Naira, and withdraw straight to your local bank account for no extra charges.If you are part of the “I just want to sell this Bitcoin fast and get sweet cash for it” gang, Breet is definitely for you. It is perfect for users who want instant fiat equivalent of their crypto asset.Not only does Breet cater to people who no longer want to HODL, but it also caters for businesses! With Breet, you can receive payment from anywhere across the world in cryptocurrency and also build secure payment gateways for your applications with its developer API.However, Breet does not offer a crypto purchasing service, so you might want to look elsewhere if you

In light of the recent security breach at one of our competitors, where nearly $8 million was reported stolen, we want to reassure you, our loyal users, that Paxful remains a fortress of safety for your funds. Additionally, this regrettable incident highlights the importance of choosing platforms that prioritize the security of your funds. At Paxful, your security is our top concern, and we go to great lengths to ensure that your funds are protected at all times. Why security is at the core of PaxfulAt Paxful, your trust is our most valued asset, and we work tirelessly to protect it. Our commitment to your safety is the foundation of every decision we make.For example, we utilize institutional-grade custodians BitGo and Fireblocks to provide unmatched security for your funds. Thanks to their state-of-the-art security measures and comprehensive insurance policies, these industry leaders are trusted by hundreds of cryptocurrency platforms worldwide.Here are some of the layers of protection we put in placeOur approach to security goes beyond just words. We’ve instituted multiple layers of protection, including:World-class escrow services safeguard every transaction until both parties fulfill their commitments.Robust user verification processes: Adding an extra layer of protection to keep our platform safe and reliable.Data encryption and network security: Protecting your sensitive information from unauthorized access at every step.An experienced team We’ve assembled a team of experts with in-depth knowledge of security, regulatory compliance, and blockchain technology to maintain a strong security system. This ensures that Paxful remains a trustworthy and resilient platform in a rapidly evolving crypto landscape fraught with security risks.For us, platform security is non-negotiable.The unfortunate incident underscores the need to choose a platform that prioritizes the security of your funds over the speed of feature development. As is often the case, losing your hard-earned cash only takes a click. Additionally, while innovation is important, we at Paxful believe that nothing is more critical than ensuring the security of your assets.We’re here for youYour trust drives everything we do. Our dedicated and responsive 24/7 support team is just a click away from answering all your questions or concerns. If you are wondering how you can reach them, click the Paxful “help” icon in the bottom-right corner of the page as shown below:If you have friends or colleagues impacted by the breach, let them know Paxful is here to offer a safe and reliable alternative.Thank you for choosing Paxful—where your security always comes first.2. What is Paxful and How Does it Work?3. Paxful Co-Founder Artur Schaback Finalizes Separation from Paxful, Steps Down as Director

Get the top cryptocurrencies from nearly anywhereBuy, sell, send, or receive Bitcoin (BTC), Tether (USDT), Ethereum (ETH), and USD Coin (USDC) directly to and from your free Paxful wallet.Why people-powered money wins- Support for all major payment methods. Users can buy and sell cryptocurrency using 450 payment methods, with or without a bank account, including via gift cards, debit and credit cards, bank transfers, and online wallets.- Support for +100 currencies across more than 140 countries- Users can buy Bitcoin, USDT, ETH, and USDC with no fees- Industry-lowest rates for crypto sellers. Only 1% fee on all payment methods, including gift cards- Direct peer-to-peer trades, with no banks or intermediaries, and full control over deal terms- Institutional-grade security and cryptocurrency custody at every part of the tradePopular features- Free and secure ERC-20 and Bitcoin wallet with institutional-grade custody for every Paxful user- Dedicated marketplace moderation & escrow to keep users safe and trades fair- Attentive 24/7 customer support with quick and simple dispute resolution- Professionally-run & compliant US-based business with a proven track record since 2018- Support for fast & cheap Lighting Network Bitcoin transactions- Direct Buy for instant cryptocurrency purchases right from your Paxful walletWhat can you do from the Paxful App- Send money instantly and affordably from nearly anywhere, to anyone- Hedge against local currency inflation- Buy and sell gift cards at competitive rates- Invest in BTC, ETH, and other top cryptocurrencies- Earn profits for providing marketplace liquidity as an arbitrager- Scale your business by accepting global payments* Due to licensing and/or regulatory considerations, Paxful is not available in certain countries and in certain US states. Please refer to this page for further information.* Due to licensing and/or regulatory considerations, Paxful is not available in certain countries and in certain US states. Please refer to our 'Unsupported Countries and States' page ( for further information.

Photo from UnsplashOriginally Posted On: you might have heard the news – Paxful is packing up their bags and saying adios to their Bitcoin marketplace, barely a month after they removed ETH wallets from their platform.Earlier this week, the co-founder and CEO of Paxful, Ray Youseff, made the shocking announcement in a blog post.The blog article shared a couple of reasons that influenced the decision, such as crucial staff departures and some regulatory challenges. One more crypto exchange has fallen victim to the regulatory challenges in the US.But is that all there is to it? Maybe not. On Tuesday, the 4th of April 2023, Youseff attended a Twitter Space session where he dropped some tea. According to him, one of the reasons behind the shutdown of Paxful’s Bitcoin marketplace is a lawsuit. Who’s the culprit, you ask? None other than a co-founder of Paxful who got the boot over a year ago and decided to take legal action against the company and Youssef. Well, talk about drama in the crypto world!Although Youseff did not name or point fingers, he might have been talking about co-founder Artur Schaback who filed a lawsuit against him in the Delaware Chancery Court in January.During the Twitter Space session, Youseff said, “My co-founder sued the company and sued me. I have a lawsuit over my head right now.” That’s tough.As the drama continues, Paxful has urged users to withdraw their funds, adding that despite the impending closure, the Paxful wallet is operational for users to