Paxful is a well known Bitcoin marketplace which facilitates the peer to peer connectivity between the buyers and the sellers. Its success was accelerated by the various provisions provided by the platform. Its unique “multiple payment options” for its users to trade with anyone and other options to buy bitcoins easily without any hasty business are some specified reasons. Paxful has more than 300 payment options were users can buy bitcoins using any fiat currency from a desired seller.

How Paxful clone script works?

Paxful is an P2P trading platform integrated with escrow services. Like any other platform the user carry out all the transactions using his/her profile that’s being created during the initial singup in the platform.

To start with the exchange process, the user can choose the amount of Bitcoin they would like to get and the localcurrency that they want to exchang with. After filling it up the user can then search for the suitable seller in the platform from whom he can buy the bitcoins.

The platform provides a good info of all the open orders, that includes the details of all the sellers from the minimum to maximum order amounts alonside their price. Any user can check a seller feedback rating and account  history for process further.

After finding out the suitable vendor one can begin with their trading by selecting ” Buy” button. The amount  for which the purchase has to be made can be exchanged in order to buy the Bitcoins. The Escrow services will be opened up and chat options are enabled in order to ease up the exchange.

After finalizing the trade the user can click “Mark as Paid”  and can wait to receive Bitcoin in their wallet.

How Owner of a Paxful Clone Platform will Make Money?

The owner of the platform has various ways to make money through the platform.

Posting fee-The site owner receives a certain amount of commission for every request posted on the platform. It could be either a buy or a sell request on the platform; the user posting the request will have to pay a cent of fee.

Transaction fee– User will be charged for a successful transaction and transfer of cryptocurrency from the site’s wallet to another wallet outside the platform.

Advertisements– Cryptocurrency ad networks often look out for platform that cater cryptocurrency audience.This will help the owner to make money as the traffic substantially grows in the platform.

Want to Start your Own Exchange Platform like Paxful?

You can start your own standard exchange platform like Paxful with a Paxful exchange clone script containing high security with well tested software. The clone script allows you to launch your platform dynamically and it will help in saving your cost spent, time, deployment, Marketing, SEO and Analytics. Pulsehyip is one of the major Bitcoin and Cryptocurrency exchange development company which provides featured ready made exchange platform script. It provides exceptional features for the development of your Paxful clone platform with a ready made script.

Contributor
Comments to: How Paxful clone script works?