Paxful Stages A Comeback After A Month Offline
Paxful, a peer-to-peer (P2P) Bitcoin (BTC) trading platform, has re-entered the market after a month of inactivity due to key employee departures and regulatory issues. In a blog post, the company announced the reopening.
“After a month-long hiatus, we are delighted to announce that the Paxful Marketplace is back online,” the company wrote.
“Over the past month, our team has been working diligently to bring the market back online with the safety of our users as our number one priority,” Paxful said.
Paxful’s largest market is Nigeria, where he has over 1.5 million users who traded $1.5 billion worth of cryptocurrencies on the platform between 2015 and 2020.
(With inputs from Shikha Singh)
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