Paxful

3.8 / 5.0

P2P crypto marketplace popular in Africa

1% (buyer), 1% (seller escrow)
Trading Fee
0%
Deposit Fee
6
Countries
2015
Established

Supported Features

Countries

Nigeria
Kenya
South Africa
Ghana
Uganda
Most African countries

Stablecoins

USDT (via P2P)

Fiat Currencies

NGN
KES
ZAR
GHS
UGX
Many others

Payment Methods

Bank Transfer
Mobile Money
Gift Cards
Cash

Pros & Cons

Advantages

  • Wide payment options
  • Flexible KYC
  • P2P pricing
  • Available everywhere

Considerations

  • Higher fees
  • Scam risk (P2P)
  • Complex for beginners
  • Variable rates

Security & Compliance

2FA
Escrow
KYC Optional (tier-based)
Dispute Resolution
KYC Requirements

Tier 1: Email only, Higher tiers: ID verification

Fee Structure

Trading Fee1% (buyer), 1% (seller escrow)
Deposit Fee0%
Withdrawal FeeNetwork fees