Peer – to – peer trading with cryptocurrencies like bitcoin has now been made effectual with the white-label paxful clone script of a leading paxful clone app development company shamla tech!
WHAT IS ALL ABOUT PAXFUL?
Paxful is a functionality-rich digital currency trading platform operating with more than around 300 payment options. It is known for the reliability and convenience that it offers to its users. Being a direct competitor for some of the world’s famous cryptocurrency exchange brands like Binance and local bitcoins, Paxful has created its own unique image in the market via its outrageous business model, resulting in a huge success ever.
Well, do you wanna replicate its ever-demanding business model to meet your business goal sets?
Here comes our error-free cum efficient Paxful clone scripts that can let your business make a positive impact in the industry. With our white-label Paxful clone script, you can get a proven business strategy at a low cost and time. Moreover, you can get rid of all types of financial risks as well.
HOW PAXFUL CONTRIBUTES TO CRYPTO TRADING?
As paxful stands as an all-time high online trading marketplace, it allows both the buyers and sellers to perform trades with digital and virtual currency types. Usually, ads are placed here on behalf of a cryptocurrency exchange trade. Every trade operation is secured with escrow protection to ensure safety and avoid fraudulence.
UNIQUE FEATURES OF THE BITCOIN EXCHANGE PLATFORM LIKE PAXFUL:
KYC:
Know your customer compliance is the obvious verification procedure done here for the entry of every participant into the system. As it is an identity verification process, the users are insisted to submit some mandate ID proofs for verification checks.
In cases of failure in the submission of ID proofs, the appropriate users will more likely to get a set limit for their transactional volume.
ESCROW:
It is a smart contract system that enables users to get guaranteed transactions. It helps in boosting up the integrity level of the exchange among its users.
ROUND THE CLOCK SUPPORT:
In order to provide guidance for the customers, the exchange has its own customer support feature. It helps in sorting out the technical issues instantly on the go with ease.
PROCEDURAL STEPS DESCRIBING THE WORKFLOW OF CRYPTO EXCHANGE WEBSITE LIKE PAXFUL:
- User registration with KYC document verification.
- Initiation of trades with cryptocurrencies like bitcoins by making buy or sell requests.
- Upon receiving a selling request, the exchange demands the seller to deposit some amount of required currencies to complete the sell order execution. Here, the seller has to pay the transaction charges as well.
- The buyer who wishes to buy the cryptocurrency available for sale in the exchange will pay for the particular trade, resulting in the credit of cryptocurrency to the buyer’s wallet.
THE MAJOR MOTTO BEHIND OUR PAXFUL CLONES:
Nowadays, there seems an increasing chance for the cryptocurrency exchange platforms to fall under privacy risks, as the market is highly risky. Yet, our paxful clone comes up with extra-ordinary security features to meet this challenge and to bring a better range of customer privacy ever. Moreover, the dispute management system of our clones would let the admin effectively take charge of the management of trading disputes.
