Cryptocurrency Q&A Is Paxful closing down?

Is Paxful closing down?

Silvia Silvia Mon Dec 02 2024 | 6 answers 1489
I've heard some rumors recently that Paxful might be closing down. I'm a bit worried because I've been using their platform for a while now and have some funds there. Can anyone confirm if this is true or just a rumor? Is Paxful closing down?

6 answers

SamsungSpark SamsungSpark Wed Dec 04 2024
Paxful, a peer-to-peer Bitcoin marketplace, has recently made an announcement that has stirred up quite a bit of attention.

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Lucia Lucia Wed Dec 04 2024
The company has decided to shut down its operations and is directing all users to retrieve their funds from the platform as soon as possible.

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Riccardo Riccardo Wed Dec 04 2024
In a blog post, Paxful's co-founder and CEO RAY Youssef admitted that this decision may come as a shock to many, but it is necessary for the future of the company.

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KimonoElegance KimonoElegance Tue Dec 03 2024
Despite the sudden announcement, Youssef assured all customers that their funds are accounted for and will be accessible during the retrieval process.

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ShintoSanctuary ShintoSanctuary Tue Dec 03 2024
Paxful's decision to shut down leaves a void in the peer-to-peer Bitcoin marketplace, as it was once a popular platform for buying and selling Bitcoin.

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