Paxful Supported Countries | Is Europe & U.S. Included?
Mike Harry
Feb 2024
3 min read
Fact checked
Introduction: Paxful is a peer-to-peer cryptocurrency exchange that allows users to buy and sell Bitcoin. Paxful aims to empower individuals worldwide to participate in the global financial system. In this breakdown, we will provide an overview of the countries that Paxful supports and those that are prohibited from using the platform.
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
With its headquarters in New York and offices in Estonia, the UK, Dubai, and other countries, Paxful employs over 400 people.
As a peer-to-peer platform for trading digital currencies, Paxful offers its 10 million-plus global users the ability to buy and sell four cryptocurrencies, Bitcoin, Ethereum, USDT (Tether), and USDC (Circle).
These transactions can be carried out using one of 350 payment methods, which range from gift cards and bank transfers to online wallets like PayPal and Skrill.
The Paxful app, available on both Android and iOS platforms, has over a million downloads with a modest 3.3-star rating.
The exchange operates in more than 200 countries, offering a diverse range of supported regions.
Some of the countries where Paxful is available include the United States, United Kingdom, Canada, Australia, Brazil, Germany, France, Japan, South Africa, India, and many more.
Paxful restricted & banned countries
Paxful accepts buyers and sellers from almost all countries, but some countries have restrictions or sanctions on cryptocurrency trading.
Individuals residing in Cuba, North Korea, Burundi, Central African Republic, Crimea region, Iran, Iraq, Lebanon, and Libya are not eligible to open an account on Paxful.
Is Paxful available in the US?
Paxful is a peer-to-peer cryptocurrency marketplace that enables users to buy and sell cryptocurrencies directly with each other.
With regard to its availability in the United States, Paxful operates in the US market and allows US based users to access its services.
The two exceptions in the United States are the states of Washington and New York as they are excluded from using the services of Paxful.
US customers can create accounts, deposit funds, and engage in buying and selling BTC, ETH, USDC and USDT on the platform.
For Americans who are interested in buying and selling a wider range of digital assets, we recommend FinCEN regulated eToro.
Is Paxful legit?
Yes, Paxful is a legit peer-to-peer (P2P) marketplace where people can buy and sell cryptocurrencies directly with each other.
This method of buying and selling cryptocurrencies is particularly useful for people living in countries with less access to traditional crypto exchanges.
Can I use Paxful in the UK?
Paxful is available in the United Kingdom and there are no restrictions in place for UK citizens to use the product range offered.
Can I use Paxful in Canada?
Yes, Paxful is available to Canadian citizens as they can free signup and use the services of the platform.
Where is Paxful registered?
Paxful was founded in 2015 and is headquartered in Delaware, United States.
Paxful has established headquarters in New York with offices in Estonia, the UK, Dubai and other countries where it has over 400 employees.
Is Paxful licensed and regulated?
Paxful is a US based company licensed as a Money Services Business (MSB) under the regulation of the Financial Crimes Enforcement Network (FinCEN).
It has obtained a Money Transmission license with the registration numbers 31000181349511 and 31000181349509.
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
