Paxful Clone: Build A P2P Exchange Like Paxful

The crypto market is expanding in every corner of the world, and crypto traders are showing great interest in P2P crypto exchanges like Paxful for buying and selling crypto. Therefore, creating a P2P crypto exchange similar to Paxful would greatly benefit startups. It’s also a great business model for making money. The best thing about this business model is an eye-catching website that helps you easily attract the attention of your target audience. Many startups invest a lot of money and time to develop an exchange website from scratch. However, with more investment, startups take on more risk. To overcome these shortcomings, the paxful clone script was launched. The paxful clone is a solution that has similar features and plugins to that of the famous exchange Paxful. Let us discuss the features and beneficial qualities of the Paxful clone.

Eminent Features Of The Paxful Clone Script:

Escrow Service:

The first feature you should check out is the escrow service. This feature allows users to buy and sell secure crypto without interruption.

Buy/Sell advertisements posting:

The second is the main functionality that needs to be checked in by the paxful clone script. This clone script should be designed with the ability to post buy/sell ads. By using this top feature, users can easily place encrypted ads.

Multiple payment support:

The Paxful cloning software you choose should support multiple payment methods. Allow users to conduct cryptographic transactions the way they want. 

Fiat wallet integration:

Users can store fiat currency on exchanges by depositing fiat currency into fiat wallets. It helps users to buy crypto quickly with fiat currency.

Dispute Resolution:

This is one of the most important features to look out for when choosing a paxful clone script. It helps resolve issues when users have disputes while buying and selling crypto assets on the platform.

KYC management:

KYC/AML management is a mandatory feature that must be enabled in the paxful clone script. Users registering on the exchange are verified and authenticated when providing KYC information. You can easily manage all the KYC details for a user. 

Real-time trading statistics:

This feature allows users to easily see real-time trading statistics on their dashboards. You can also make trading decisions with live stats.

Multilingual support:

By enabling this feature, you can prevent language  becoming a barrier for your users. This will rapidly increase the trading volume of the crypto exchange by attracting global crypto users.

SMS integration:

Helps to share confidential and personal information (OTP, introductory message, etc.) by sending messages directly to the user’s mobile device. This feature is very useful for conveying individual information.

These are some of the advantageous features of the Paxful clone. You can customize the clone solution and launch a noticeable crypto exchange platform. You can choose to add or remove features as per your needs.

How does the Paxful Clone Script work?

• A user must create an account by providing basic information such as a username and email address. After registration, a confirmation email will be sent to the user’s email address. To log in, users must click the link to change their password for security reasons.
• After signing up, users must provide other information such as phone numbers and government-issued supporting documents such as driver’s licences. After successfully verifying the KYC information, the user can start trading or exchange on the website.
• As this is a peer-to-peer cryptocurrency trading platform, the number of available buyers and sellers is displayed based on the payment methods available for currency exchange. The seller can initiate the transaction once the buyer’s request is accepted.
• After reaching a certain level of mutual renewal, the buyer has to pay the seller with various payment methods. Once the seller receives payment for a cryptocurrency transaction, the “paid” message needs to be tweaked, and the cryptocurrency gets transferred to the buyer.
• If the seller did not select the option, the payment might not have been received, or the communication between payment gateways may have been interrupted. This way, dispute resolution is initiated and completed as quickly as possible.
• As an administrator, you can check the availability of buyers and sellers for various virtual currencies. Admin should not intervene in transactions between buyers and sellers unless necessary to resolve disputes.

Business Benefits of Purchasing Paxful Clone Scripts

After checking all the factors mentioned above, you should understand the benefits of getting a paxful clone script. Everyone would expect a profit before investing their hard-earned cash in a script. Are you excited to hear about it? Here are some great benefits of having a state-of-the-art paxful clone script.

• Since the Paxful clone is a pre-made solution, it can be developed rapidly. 
• You can fully customize your Paxful clone script to  your needs. 
• It allows users to make secure and instant crypto transactions.
• You can monetize by setting up fees for ad serving, cryptocurrency payments, and fiat deposits.
• Our Paxful clone is developed with the latest tech stack and has a user-friendly dashboard.
• Comprehensive escrow service
• Paxful clone accepts multiple payment options.
• Safe and reliable service.
• The paxful clone script is fully tested and developed with a tamper-proof security system.
• Similar to Paxful, users can have multiple payment methods. Credit cards, PayPal, gift cards, etc.

Why Choose TurnKeyTown For Your Paxful-like exchange development?

TurnkeyTown is a prominent cryptocurrency exchange development firm with highly proficient developers and over 10 years of expertise in cryptocurrency exchange platform development. 

• We have 10+ years of expertise in the blockchain niche.
• We have highly-qualified experts who provide agile development services.
• We deliver quality products rapidly. 
• TurnkeyTown is backed by a highly experienced technical team 
• Ready-made clone solution with easy customizations. 
• We provide highly secure solutions
• We provide all our clients with post-launch support to help them handle all the shortcomings during the initial stages. 

Summing Up: 

Peer-to-peer exchanges offer great advantages to traders as well as entrepreneurs. They are safer, more private. Using our Paxful clone solution, entrepreneurs can launch an impeccable P2P crypto exchange like paxful with world-class features and high-level security. Get in touch with us and learn more about our development services.