₦airaland Forum

It becomes an awful experience when one believe that a platform that is meant to create jobs and opportunities and make life more easier in the advancing era of money exchange has become a hub where millions of youth complain about stolen funds or illegal withhold of bitcoin from it users by administrators with no legal jurisdiction to do so. their users hard earned money. It becomes unlawful and babaric. Paxful.com is an example

My vendor account with was closed down without notification and citing Violation of Terms of Service without clear description of the terms that was violated

The term of Service claimed to be violated should be made clear to the victim and conditions should be made for the release of his or her earned bitcoins otherwise considered an illegal means of acquiring bitcoin from the public.


To all paxful administrators, vendors and other users of Paxful.com, it is important paxful stop the following barbaric act.

The following are the operations paxful administrators should stop otherwise should be considered an illegal trading platform by appropriate authorities.

1. Unlawful or illegal witholding of users bitcoins and refusing to release it within 2 weeks.

2. Refusing to state the actual terms of services that was violated by a User to avoid such occurrences in the future.

4. Stop keeping "stolen or illegally acquired bitcoin" in your treasury. It is illegal to do so otherwise, released to Government or Constituted Authorities

3. Stop giving preferential treatment and Ignoring other TOS violators. Justice should be served equally.

Please share your views and opinion about illegal witholding of funds by paxful trading website.

Sammeyd:
It becomes an awful experience when one believe that a platform that is meant to create jobs and opportunities and make life more easier in the advancing era of money exchange has become a hub where millions of youth complain about stolen funds or illegal withhold of bitcoin from it users by administrators with no legal jurisdiction to do so. their users hard earned money. It becomes unlawful and babaric. Paxful.com is an example

My vendor account with about 20,000$ was closed down without notification and citing Violation of Terms of Service without clear description of the terms that was violated

The term of Service claimed to be violated should be made clear to the victim and conditions should be made for the release of his or her earned bitcoins otherwise considered an illegal means of acquiring bitcoin from the public.


To all paxful administrators, vendors and other users of Paxful.com, it is important paxful stop the following barbaric act.

The following are the operations paxful administrators should stop otherwise should be considered an illegal trading platform by appropriate authorities.

1. Unlawful or illegal witholding of users bitcoins and refusing to release it within 2 weeks.

2. Refusing to state the actual terms of services that was violated by a User to avoid such occurrences in the future.

4. Stop keeping "stolen or illegally acquired bitcoin" in your treasury. It is illegal to do so otherwise, released to Government or Constituted Authorities

3. Stop giving preferential treatment and Ignoring other TOS violators. Justice should be served equally.

Please share your views and opinion about illegal witholding of funds by paxful trading website.

This has been an incessant complaints of paxful users which is really appalling thereby creating a source of insecurity for traders on the platform. I believe a platform of this caliber should be moderated using standard protocols to ensure security rather than unjustifiably blocking access to account...

Its high time advocators rise up to fight for the interest of the vendors in order to curb this barbaric acts.

[quote author=package00 post=62749822]

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They keep locking account

Rule of thumb:

As soon as you are done trading, move your coins to a more secure wallet you control

Never leave your coins on an exchange website

This is so bad...

Sammeyd:
I still wonder y paxful would not do verification for all of it users except those in particular region and request for to only pay a bond before you ads becomes

Localbitcoin does verification for all its traders, remitano does d same and other crypto exchange website.

But paxful only does for Europe and USA. So i wonder why scam activities wont be so rampant there?

Even their worst customer service dont help to resolve issues. They give u a classified copy and paste statement.

Seriously there have to be a definite resolution to stop the unjustifiable means and protocols employed by Paxful.

This is a global platform of high calibre. If not seriously maintain, it could result in Jeopardy as the safety of trade and earnings isnt guaranteed.

Am beginning to feel we are even been extorted of excessive charges by paxful admins without a commensurate and quality service in return.

Buy bitcoins for as low as N5,000 on www.tanjalo.com

You can actually stop shit deals if you want to trade on Paxful marketplace. Don't ask me how, use the link in this post to learn more.