Paxful is one of the world’s largest peer-to-peer (P2P) bitcoin marketplace. The platform allows users to buy and sell bitcoins using a variety of payment methods, including bank transfers, debit cards, and even gift cards.
If you’re new to Paxful, the process of converting your bitcoins to cash may seem a bit daunting at first. But don’t worry – it’s actually quite simple! In this article, we’ll walk you through the steps of how to convert your bitcoins into cash on Paxful.
First, you’ll need to create an account on Paxful. Once you’ve done that, log in and click on the “Buy Bitcoin” tab.
On the next page, select “I want to buy Bitcoin with…” and then choose your preferred payment method from the drop-down menu. There are dozens of payment methods available on Paxful, so take your time to choose the one that best suits your needs.
Once you’ve selected a payment method, enter the amount of cash you want to spend on bitcoins. You can also enter the amount of bitcoins you want to buy in the “I want to spend…” field.
Next, click on the “Search Offers” button. This will bring up a list of all the offers that match your search criteria.
Take your time to browse through the different offers and choose the one that best suits your needs.
When you find an offer you like, click on the “Buy Now” button. This will take you to a page where you can enter your wallet address and review all the details of the trade.
Once you’re happy with everything, click on the “Send Trade Request” button to initiate the trade.
Once the seller accepts your trade request, they will send you a chat message asking you to confirm your payment details. Once you confirm your payment, they will release the bitcoins into escrow.
Once you receive the bitcoins in escrow, confirm that you have received them and click on the “Release Escrow” button to release them from escrow. That’s it! The bitcoins will then be sent to your wallet address and you will have successfully converted them into cash!.
Paxful is one of the world’s leading P2P bitcoin marketplaces – it’s simple yet effective platform makes it easy for anyone looking how to convert bitcoin into cash quickly and easily!.