Cheapest way to buy bitcoin on paxful?

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Last post made 4 years ago by Gambinobit
mamagotit
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  • What is the cheapest and simplest way (without going to a bank! Travel for a living) to buy bitcoins on paxful.com? Is there another website that is better other thank lbc?

  • You can purchase BTC on Coinmama... Abra... etc but it is usually super simple on Paxful depending on how you are looking to pay for it... 

  • You can do this also on findbits.com I think it's the most modern P2P marketplace compared to lbc and paxful.

  • Can also check localbitcoins.com offers plenty of payment options, of course the more exotic the payment method the steeper the exchange rate.

    I'm a fan of interac-etransfer for hassle free, realtime (or 30 mins..) exchanges.

  • I use CashApp these days, it's an instant purchase and once your verified you can buy up $2,500 worth of Bit Coin.  I hope this helps, the only catch with CashApp is you have to have a debit card attached to it.

  • localbitcoins.com is better than paxful any day of any week. not only is paxful hugely disorganized, you never get accurate pricing on there. the market price is always reflected nicely by local bitcoins sellers/buyers

  • mamagotit wrote:

    What is the cheapest and simplest way (without going to a bank! Travel for a living) to buy bitcoins on paxful.com? Is there another website that is better other thank lbc?

    Hello.

    I used to buy on Paxful and Localbitcoins because of the Escrow service, its very good and can be trusted. The reason I bought from these sites its because of paying with neteller and skrill and they are slightly more expensive than buying with a credit card though.


    So first of All, What payment method do you want to use? CC or E-Wallets? I have this guy I traded with on Paxful and Localbitcoin and we deal directly now via Whatsapp.

    With E-wallets he give me a rate of 0.91 which means if I decided to buy $1000 worth of bitcoin I get $910 worth of bitcoin as the $90 fees goes to him or his profit. I think with CC and other payment methods they are cheaper, but because of Escrow service and fees related to Paxful and Localbitcoin, the guys markup from there are anything from 0.80 - 0.87 on the $. So I feel 0.91 is much better. So when he transfer my bitcoin to my local exchange my bitcoin are around $920 or so, because an exchange is slightly higher than the actual google rate for bitcoin in the specific currency.

    Let me know and Ill put you in touch.

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  • It depends. Off the top I think it Cost $5 or so just to cash out the bitcoin you purchased. Not to mention the rates... how r u wanting. To pay?

  • Paxful is certainly a convenient way to purchase BTC especially if you don’t have any verification or you have unwanted gift cards. That being said buying BTC with gift cards means that you will pay at a discounted price and then another whopping withdrawal fee.

    Only use Paxful as a last resort to buy BTC

  • I use localbitcoins and enjoy e-interac for the cheap prices and convenience but i sold some bitcoin once to a person that was in fact hacked by a nigerian man and use the account and bank to buy everyone's bitcoin so since then my bank locked my e-interac.. how fun! So now i can only use paypal and the fees to buy and sell btc in paypal are just plain ridiculous. It makes me lose tons of money and then i blame casinos for ripping too much while in fact the real cost is in paypal btc transactions.

  • Paxful charges $5 to withdraw your bitcoin, so if your not withdrawing more than $100 you might want to think twice

  • I spend all my transactions on the CoinsBank platform
    I have not yet met a safer place in 3 years of working with crypt
    User-friendly interface, technical support responds instantly to every call

    https://coinsbank.com/

  • Get cash app. You can buy bitcoin on there super cheap. I only use cash app now to buy my bitcoin and you can withdraw and deposit and sell it all right there. You cant find anything bette

  • Changely , Coinsswitch and Bitpanda all have the option to buy crypto btc and others with your credit or debit card at a decent price, changely currently have a promo where the fees are on them , local etherium is similar to localbitcoins but with a slight difference of registering with your web3 wallet ( Metamask. Portis) and localbitcoincash is practically identical to localbitcoins with good rates 

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