Selling Cryptocurrency for Cash on Paxful: A Quick Guide
Paxful supports a range of cash payment options for selling cryptocurrency. This guide will walk you through the process of selling crypto using any of the available cash payment methods.
TRADING
Finding an Offer
To begin, search for a buyer who accepts cash payments. Enter the amount you want to sell and choose your preferred currency.
When you find a suitable offer, carefully review the offer terms. These will outline what the buyer expects from you in terms of payment.
Once you agree to the terms, you can start the trade. After initiating the trade, you’ll receive detailed instructions—typically including information about meeting in person and the requirement for a teller receipt.
If anything is unclear, don’t hesitate to message the buyer through the trade chat for clarification.
Creating Your Offer
Alternatively, you can create your custom offer to sell cryptocurrency for cash. Keep the following tips in mind:
Set a profitable margin—trades don’t allow renegotiation.
Write clear offer terms and step-by-step instructions.
Specify what kind of payment proof you expect and how much time you need to confirm receipt.
Once your offer is live, wait for a buyer to initiate a trade. You’ll receive a notification once a trade starts. You can then discuss the transaction details with your buyer in the trade chat.
COMPLETING THE TRADE
The payment process is generally straightforward. Always double-check that the buyer has your correct payment information, and collect solid proof that the payment was either received or not received.
Only click the Release button once you're certain the payment has been made.
AFTER THE TRADE
After the trade is finished, consider leaving feedback for your trade partner. If you had a good experience, you can also add them to your trusted list for future trades.
For more details, check out Paxful's full guide on selling cryptocurrency.
If you need any assistance from our Support team, do not hesitate to contact us. Check out this article on How to Contact Support.