PrimeXBT partners with Paxful, opening up a world of new trading possibilities

By Pavithra R

Bitcoin-based margin trading platform provider PrimeXBT has announced partnering with Paxful, global peer-to-peer bitcoin marketplace, to strengthen access to cryptocurrencies worldwide through the two companies.

Under the partnership, Paxful’s web-based virtual Bitcoin banking will be integrated and made available directly on PrimeXBT to new and existing traders. The integration will allow PrimeXBT users to directly use Paxful’s peer-to-peer trading network at PrimeXBT to buy Bitcoin through various fiat currencies that are supported directly on their accounts.

“We are excited about integrating the kiosk with PrimeXBT. For Paxful, this means introducing our users to a new community of traders. PrimeXBT users can access the nearly 400 different ways to buy digital currencies that we have at Paxful. Together, we are helping to make cryptocurrencies more accessible to more people,” said Ray Youssef, CEO and co-founder of Paxful.

Paxful’s Bitcoin virtual banking allows traders to instantly find sellers who meet the criteria of their Bitcoin trading needs. These needs include the desired currency and payment method. Besides, the integration means that users can make payments through Paxful on PrimeXBT.

“We believe that the alliance with Paxful is fundamental, as it responds to our mission of providing users with various tools to improve their trading experience on our platform, in this particular case, providing them with alternatives to acquire Bitcoins,” said Iván Marchena, Vice – President of PrimeXBT operations in Latin America.

The integration has the general objective of simplifying and facilitating access to digital currencies for users worldwide. The combination of the two companies means greater access to trading and cryptocurrencies both for themselves for its groups of users.

Founded in 2015, Paxful is a people-powered marketplace for money transfers with anyone, anywhere, at any time. The company’s mission is to empower the forgotten 4bn unbanked and underbanked around the world to have control of their money using peer-to-peer transactions.