The Rise, Fall, and Comeback of Paxful: A Journey from Start to Temporary Shutdown in 2023

Thu, 19 Sep 2024 13:11:25 +0000

Paxful initiated its journey in 2015, founded by Ray Youssef and Artur Schaback, with a mission to create a platform that permitted users to trade cryptocurrency in a safe, peer-to-peer (P2P) ecosystem. Their idea was simple yet powerful—permit people around the world to buy, sell, and trade Bitcoin directly with each other, with no more involvement of intermediates.