Question: How much are the fees & commissions for using the service of Paxful?
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Fees of using Paxful’s Crypro Exchange differs depending on your side.
Buyer’s Fees – Paxful does not charge any to Buyers, however they may need to pay a fee to the seller for converting their Cash, Gift Card or PayPal money etc into bitcoin.
Each seller has a different price so it is up to you to select the best one.
Seller’s Fees – On Paxful, the Seller of bitcoins pays a 1% fee.
Wallet Fees – Only the sender pays bitcoin network miner fees. The bitcoin miners fee goes to the bitcoin network, not Paxful. The Paxful wallet is a FREE bitcoin wallet but there are fee’s that go to support the bitcoin network that we cannot control.
High Miner Fees – The current miner’s fee is 0.0008 bitcoin. which can be over $2.00 if the bitcoin price is $2400 USD.
