• Paxful bitcoin Russia
    Bitcoin,  Regulation

    Crypto traders, scams grow in Russia

    Peer-to-peer cryptocurrency exchange Paxful has seen tremendous growth in Russian users in the past year, while cybersecurity firms suggest the scam market is also blooming

    According to peer-to-peer cryptocurrency exchange Paxful, new users grew 365% from May to May, with revenues up 350%. That hasn’t been hampered by the pandemic, with second quarter revenues up an average of 42% per month and July set to surpass that. At the same time cybersecurity provider Qrator Labs reported a spike in new cryptocurrency scams in Russia.

  • Buying Bitcoin using fiat
    Bitcoin

    Buying Bitcoin using fiat just got easier

    A new partnership with Paxful means OKEx users can buy Bitcoin using 160 fiat currencies… or gift cards, if they prefer.

    OKEx announced on June 15 that it has entered into a strategic partnership with the peer-to-peer Bitcoin marketplace Paxful. OKEx users will be able to purchase BTC using more than 160 fiat currencies, while Paxful users will be given direct access to the OKEx platform for trades, options and futures.

  • bitcoin will be mainstream
    Bitcoin

    Poll: Nearly 40% think bitcoin will be mainstream in a decade

    But, almost they same number of Americans polled by P2P exchange Paxful think BTC and cryptocurrencies in general will have died off by then

    Almost 50% of respondents believe “a triggering event in the traditional financial system” will cause a surge in Bitcoin use—somewhat fitting given how it was invented in the immediate aftermath of the 2008 financial crisis.