What is Paxful Clone Script?
It is a bitcoin exchange platform where the users are allowed to sell and buy bitcoins. It offers multiple payments for trading bitcoins over the platform. Recently it has gained popularity for providing unique payment options and making it easier for trading cryptocurrencies.
CryptoSoftwares provides excellent cryptocurrency exchange software development services.
The steps to be followed to trade on Paxful Clone Script
Following are the steps to trade on Paxful Clone Script:
- Step 1: The first step is to register on the platform and submit the KYC (Know Your Customer) documentation. Sometimes it may not be mandatory, but it’s always better to submit the KYC documentation to configure in the admin panel.
- Step 2: Once the account is registered on the platform, it enables you to trade the bitcoins. The customers can sell or buy the cryptocurrencies. If the customer wants to buy at a specific price, then the customers can look over the sell requests all around. If the request does not match their needs, then they can post a buy request (Both the sell and buy requests are chargeable on this platform).
- Step 3: If a user wants to sell the cryptocurrencies, it is allowed to post the sale request. To post the sale request, the customer needs to deposit some cryptocurrencies to be sold and the transaction fee in the escrow account wallet.
- Step 4: When the buyer pays for the cryptocurrency, the seller will acknowledge the payment and confirms the status on the mobile app. After the confirmation, the cryptocurrency will be moved from the seller’s wallet to the buyer’s wallet.
Paxful Clone Script is a very user-friendly platform and it can be customized as per the customer requirements.