How is Paxful compared to local bitcoins? it seems to have better rates. Anyone use it recently?

I want to get some bitcoins using a amazon gift card and paxful has people offering 70-80cents per dollar. These are much better rates than the fucking guy on LBC who wants to give me 1/2 value. Does it work just like LBC and is it safe to use or will some china guy just take my card number and run off? I only heard of it once on here.


Comments


[3 Points] lukakusz:

I used it just fine but worse rates. If your area has better go for it


[1 Points] EvoLution_123:

Some rates are High as hell if you don't want Verification process. Otherwise most vendors sell above the normal rate by 1,500-2,500$ USD. If you use Verification normally you need the following: Drivers License Paper Pen Payment Camera of some sort...most use a potato Most instructions include: Take pic of ID Take pic of you NEXT to ID Take pic of your ID next to a piece of paper saying "I agree to pay blah blah to blah blah on this date blah blah" And then the transaction is free but the withdraw fees are pretty high but other than that it's alright. Would suggest going to an ATM though, fee's are lower, no verification, and you do it all yourself with NO risk of scam.


[1 Points] Jayden710:

Why don't you just do a bank transfer through paxful? Most only charge an extra 7-9%


[1 Points] SOHOSOLO:

It's a fuck of a lot better than LocalBitcoin. Fuck LB. I was charged $10 which is about what Coinbase would have charged me if I used them anymore.