Step 1 Open Verification Page. Paxful helps Nigerians avoid Bitcoin scams through the use of their escrow system. Paxful aims to offer easy and affordable global payment solutions. This review intends to guide you through the features, pros and cons associated with trading in the Paxful platform. The addition of NGNT on Paxful will facilitate easy and speedy cross-border transactions while increasing the scope of trading on the platform, âWith the Naira Token users can perform fast, publicly-verifiable, borderless transactions with a fiat equivalent, which is important to our users. They make it easy for our customers, no matter where they are, to provide ID and address verification.â The introduction of AI-powered ID verification comes at a time when Paxful has seen a steady rise in the number of users trading bitcoin on the platform. Learn how to buy bitcoin on Paxful with over 300++ accepted payment methods! Alternatively, you can verify both your ID and address (POA). There are thousands of bitcoin buyers and sellers on Paxful in Nigeria, China, India, Russia, and other countries, for example. If both your ID and address are verified, you don't need to have 0.002 BTC on your Paxful wallet. Paxful is considered the âUber of Bitcoinâ due to the ease it brings to the purchase and sale of the currency; it is similar to LocalBitcoins but supports a lot more payment methods than its rivals (Remitano, LocalBitcoin etc). The Settings page appears. Leading peer-to-peer bitcoin marketplace, Paxful, has said it is making international payments more accessible and more affordable for Nigerians using modern DeFi technology. For your offer to be visible on the Buy Cryptocurrency page for potential buyers, you need the following: be ID-verified The Verification page appears. Paxful is a peer-to-peer bitcoin exchange that was founded in the USA. After watching our video, click Continue verification. Next, create an account with an exchange or a P2P marketplace that supports Tether USD. For instance, you can create an account on Paxful. Most of its customers in Nigeria are those selling Gift Cards (Amazon, iTunes, Google, etc) for Bitcoin. If you already have an account, log in. Offer to sell cryptocurrency. Log in to your Paxful account, hover over your username located on the upper right of the page, and click Verify Me. Limited KYC and AML Requirements: Paxfulâs level one verification allows you to buy and sell up to $1,500 of bitcoin with just an email and phone number verification. Under Verify email address click Resend email. Log in to your Paxful account, hover over your username on the top right of the page and click Settings from the context menu that appears. Whenever a person wishes to buy Bitcoin in Nigeria, they look through a list of sellers and select one that has the requirements they can fulfill, such as using iTunes gift cards to buy the virtual currency.The buyer then decides on how much Bitcoin they wish to buy. The Bank Verification Number (BVN) which is an 11 digit number was introduced in Nigeria in other to curbed all forms of financial fraud and theft.The BVN serve as your universal identity (ID) in all the banks and financial institution within the country.So as you can see this is for your own personal banking safety. A verification email is sent to your registered email address. Its unique selling point is that it has over 300 payment methods to buy bitcoin with. A dialog box with the verification video guide appears. Nigeria is one of Paxfulâs leading markets. Paxful requires users to verify details like phone numbers, home addresses, email addresses, and ID numbers. Here is a step-by-step guide on how to successfully verify your email. After registering an account, verify the required credentials.
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