Many startups and entrepreneurs are focussed towards the crypto exchange business. Because they can earn ample amounts of profits in a short period with minimal efforts. A cryptocurrency exchange is a trading platform where the users can buy, sell, and exchange a variety of virtual coins in a secured manner. Currently, there are more than 2000+ crypto coins available in the crypto marketplace.
There are many crypto trading platforms for crypto users. Some of them include Binance, Localbitcoins, Coinbase, Paxful, and other exchanges. Paxful is one of the popular cryptocurrency exchange platforms in the crypto industry. If you want to build an exchange like paxful then you need an exclusive paxful clone script.
Starting an exchange platform on your own is a difficult task and a risky factor. So you need a professional clone script provider guide like Coinsclone to develop and deploy your own exchange website similar to paxful. Coinsclone is the leading marvelous cryptocurrency exchange software provider across the globe. Anyone can buy secured and error-free paxful clone scripts to launch their own crypto trading platform.
What is Paxful?
First, you should know about the paxful bitcoin trading website before using the paxful clone script. Paxful is the most popular and trusted peer to peer finance platform for trading bitcoins. Ray Youssef and Artur Schaback are the founders of EasyBitz in 2014. But later on, they changed the name to Paxful in 2015. Their main motto is to make bitcoin flow easier for everyone from business to merchants. In this exchange, any crypto users can buy, sell, and exchange a wide range of crypto coins in a hassle-free manner.
This exchange supports more than 300+ payment methods to buy bitcoin and other cryptocurrencies with fiat currencies. The paxful payment methods include credit cards, PayPal, and bank transfer. So paxful exchange allows the users to buy cryptocurrencies at any payment method. But their charging fees may differ for different payments according to the crypto coins.
The user interface is very intuitive compared to other cryptocurrency trading platforms. They have high-end security features to avoid hacking and crypto scams in its exchange platform.
What is a Paxful Clone Script?
Paxful clone script is a website script or source code that is designed, developed, tested, and ready to deploy. It is a ready-made software that has all the existing features and security plug-ins of a paxful exchange. By using this paxful clone script you can launch your own peer to peer trading platform instantly in a hassle-free manner.
If a startup or entrepreneur is interested in starting an exchange like paxful. Then they can ought for the required customization as per their business requirements.
Coinsclone develops unique and secured paxful clone scripts with all the cutting-edge features of paxful. Now let us see the working of a paxful clone script.
How does a Paxful clone script work?
In this secured decentralized paxful clone script, the crypto users have to register and log in for buying, selling, and trading cryptos. The user should start the account with registration. Without registration, You cannot do further process. Also, the user should fill all the required KYC(Know Your Customer) details in the crypto trading platform.
Initially, the user, after registration and getting access, can start buying bitcoins or other cryptos using the fiat currencies. If you want to buy any cryptocurrency, then choose the amount and type of cryptocurrency. It shows the display box with cost and you can buy with fiat currencies. Our paxful clone script supports all the major cryptocurrencies such as bitcoin, ripple, ethereum, litecoin, and other crypto coins.
In our paxful clone script, crypto users can outlook all the open orders in the exchange platform. Then they can match with the suitable trader. Here the purchaser can check the seller’s feedback, rating, and account history to check the sustainability. So it gives the trust to the purchaser during the time of bitcoin or other crypto transactions between them.
when a user found a suitable vendor for trading. Then the crypto user can click buy to begin the trading. Then it activates the escrow security and opens a chat window that connects directly to the seller. Here, buyers and sellers can easily communicate about the trade. After the trade is completed, wait for the payment to be received on your paxful bitcoin wallet. If an inappropriate action takes place, buyer and seller can raise conflict against one another. So that admin in the exchange platform inspects the issue and resolves them in an effective way.
Why should one build a bitcoin exchange website like paxful?
Paxful is the most popular escrow powered cryptocurrency trading platform in the crypto industry. so if you start an exchange like paxful then it will help to grab the crypto users and they can own bitcoins easily. Also, paxful exchange is supported in many major countries such as the United States, the United Kingdom, European countries, and other countries. so you can gain more user base from these countries with less efforts.
It is a decentralized(p2p) escrow exchange platform. So, all the transactions happening in the platform are recorded by the p2p distributed ledger. Bitcoins and other cryptocurrency transactions are encrypted with end to end transactions. So the buyers and sellers can transact securely in a hassle-free manner. Paxful exchange has an intuitive and user-friendly interface for the traders. so this also attracts more crypto enthusiasts to open or create an account in this exchange platform.
Paxful provides more than 300+ payment methods for their global users to buy bitcoin and other cryptocurrencies. Users can activate the two-factor authentication(2FA) as additional security in order to eliminate hacking, scams, and fraudulent activities. They provide some desirable services to their global users and they also offer many discounts. Some of the notable services provided by them are given below.
- Virtual bitcoin kiosk
- Affiliate program
- Cryptocurrency wallet application and so on
Here are the major reasons why crypto traders choose paxful exchange
- 24/7 customer support
- Secure crypto wallet
- Escrow services
- Well established ratings
- Multiple payment options
- Reliable and trusted
You should also know some highlights of paxful. So this would make clear why to start an exchange platform like paxful.
Highlights of paxful exchange:
- It is the finest p2p cryptocurrency trading platform. They provide 24/7 service and solutions regarding bitcoins and crypto transactions with a 100% secured escrow system.
- Paxful allows users to perform the following functions.
- Allows users to buy and sell bitcoins instantly
- Allows you to trade a wide variety of cryptos with secure escrow system
- Provides you free bitcoin wallet
- It supports more than 300+ payment methods with six following divisions. Such as
- Online wallet – you can use your any online wallet applications to buy bitcoins
- Cash – you can use your traditional currency for buying bitcoins and other cryptos.
- credit/debit card – by providing your card details. You can buy any cryptocurrency using a credit/debit card.
- Digital money – you can use any digital currency to buy bitcoins.
- Gift cards – you have an option to buy cryptocurrencies through gift cards.
- Bank transfer – by transferring money through your bank account. You can buy bitcoins and other altcoins.
- Paxful provides a safe and secure platform for its users. It provides the two-factor authentication, escrow security, and high-level security.
- They offer instant live chat for global crypto users. So that users can get support from the experts of paxful at any time from anywhere.
- They provide an affiliate program to earn some extra money in its exchange platform.
- They have a paxful bitcoin wallet app for both android and IOS mobile devices. By using their crypto wallet app you can store, receive, and transfer cryptos in a secure manner.
How can you earn money by building a cryptocurrency exchange like paxful?
Many business people and startups are building their own crypto trading business not only for initiating a new trending business but also the urge for making more money with less effort. Here are the few ways to earn money by starting the exchange like a paxful exchange.
At any exchange platform, the trading fee part plays a major role in earning money. You can charge a trading fee for each crypto trading.
Listing is more important for newly released cryptocurrency in the market. You can charge fees for listing the new cryptocurrency if you start a p2p trading platform similar to paxful by using a paxful clone script.
Withdraw and deposit fee:
Some crypto exchange platforms charge fees for withdrawing and depositing. Likewise, you can also charge a fee and make enormous amounts of profits.
Fascinating features of our paxful clone script:
- Automatic KYC verification
- Private messaging
- Proximity match
- GDPR complaint
- Integrated with binance exchange
- Bitcoin wallet
- Instant live chat
- Multiple payment methods
- Affiliate programs
- P2P exchange option
- Gift card option
- Payment gateway integration
- Escrow services
- Matching engine
- Liquidity API
Exclusive high-end security features of our paxful clone script to avoid unwanted and illegal activities in your bitcoin trading platform.
- Two-factor authentication
- Escrow protection
- Jail login guard
- Biometric authentication
- SSL integration
- End to end encrypted transactions.
- HTTPS authentication
- Browser detection security
- DDoS migration
- Data encryption
Benefits of using Coinsclone’s paxful clone script:
- Secure and Instant payment transaction
- For every trade, withdraw, and deposit you can set a commission fee for your users.
- developed with cutting-edge technology stacks.
- User-friendly dashboards for crypto traders.
- Accept multiple payment options.
- Safe and reliable services.
- Our paxful clone script is developed with high-end security systems. In order to avoid hacking, scamming, and fraudulent activities.
- Bitcoins, altcoins, and token transactions are simpler and faster.
Why should you get a paxful clone script from Coinsclone to start an exchange business like paxful?
Coinsclone is the first-class cryptocurrency exchange software provider across the globe. We delivered more than 40+ crypto exchange clone scripts to our international clients worldwide. We have expert developers for developing blockchain products. Also, we provide instant crypto solutions for enterprises. We people in the Coinsclone will help you to launch a cryptocurrency trading platform. By using our premium bug-free paxful clone script you can build your own p2p bitcoin exchange platform similar to paxful exchange.