Regarding paxful

[Rodney123]

Hello all.

Has anyone used paxful wallet? Because I been robbed I bought £200 worth of bitcoins from a verified seller using PayPal F&F I took more than 30 minutes sending the payment and when I logged back into the wallet it had auto cancelled the trade and I msged the seller through the app and he’s not responding back & im not sure how to open a dispute with the seller.

Has anyone had this experience before? It’s my first time crypto and its been a nightmare it happened yesterday afternoon time.

[murdered_by_ebay]

paxful is a bad place to buy from , many sellers there con people as soon as they get an opportunity

[rsot]

Rough to hear - I haven't used that like murdered stated...that F&F use from PP doesn't have any protection I know of...did you buy from your balance? or use a cc as fund source?

[agent006140]

or use your bank account?

[murdered_by_ebay]

paxful is not a standard crypto exchange like binance , they specialize in P2P with high risk sellers who offer all possible risky payment methods and take commission for this

this site is only recommended to those people who can not sell/buy in places like binance. that is why there are so many fraudsters on both sides there as the site is a magnet for those people who can not buy/sell in places with high security requirements

the buyers/sellers not trading there as merchants but use it to sell/buy what they have are also not better , there are lots of criminals with stolen funds wanting to launder money without exposing themselves

[agent006140]

Rodeny has been asking about buying Bitcoin ,I suggest he tried a small amount as tuition.
So now he just paid GBP 200 for learning!
Why use Paypal P & P?
Did the seller ask you to use it?
If you are using bank fund,you can try to report it

[rsot]

Originally Posted by agent006140

Did the seller ask you to use it?
If you are using bank fund,you can try to report it

Seems logical that seller asked for that use - you can report to your bank but much lower success rate than with cc