P2P trading needs more competition. So we built Paxfer. π
βΏ Buy & sell crypto P2P
π Trade gift cards
π Escrow on every trade
π³ Multiple payment methods
https://t.co/v3jXO0rq8v is live.
What do you want most from a P2P platform?
#P2P#Crypto#Bitcoin#noones#paxful
Two dates now sit on the calendar: US CPI on 14 Oct, FOMC on 27-28 Oct.
The 7 Oct minutes said most participants expect another hike before year end.
A rate decision reprices naira, cedi and rand before it ever reaches BTC.
#Crypto#Stablecoins
What is the smallest trade you would still bother opening escrow for?
A) Any amount
B) $20+
C) $100+
D) $500+
Small trades are how most people test a platform. Curious where your line sits.
#P2P#Crypto
The most common P2P scam is not technical. It is a clock.
"Release now, my bank is slow."
"I'll leave bad feedback."
"Let's finish this on WhatsApp."
Urgency is the tell. Nothing honest is lost by waiting for money to actually clear.
#P2P#Crypto
Stablecoin ownership skews male almost everywhere - about 60% globally.
In Africa it doesn't. Women are as likely to hold them as men, 51%.
(BVNK/YouGov, 15 countries)
When the currency is the problem, the whole household looks for a dollar.
#Stablecoins#USDT
$940m of longs liquidated in a day
fear & greed index: 56, basically relaxed
somewhere a man is averaging down at 3am and calling it conviction
$BTC
#Crypto#Bitcoin
Payment methods are not interchangeable. They are a risk ladder.
Bank transfer: slow, hard to reverse.
Mobile money: fast, medium risk.
Gift cards: instant, highest reversal risk.
Escrow is what keeps the top of that ladder tradeable at all.
#P2P#Crypto
BTC $82,617 after dipping under $81,000 overnight.
The $83K-$87K range that held for two weeks is gone. $80,000 is the line now, with $75,000 the next real shelf under it.
Levels, not predictions.
$BTC
#Bitcoin#Crypto
@CoinMarketCap Depends which currency you ask in. BTC is down 4.36% on the week in dollars, but most people outside the US exit into their own money at a local premium, on their own schedule. A red week on the chart and a flat one in your pocket happen at the same time.
@Nairametrics Worth separating two things in that number: the stake getting more valuable, and the unit it is measured in getting smaller. A naira gain over a quarter is partly the second. Priced in dollars the same quarter usually reads very differently.
@cryptorover That +18% average is spot buyers. This month was mostly a venue event: of the $1B+ liquidated in 24h, about $940M was longs, forced out rather than deciding to sell. Positioning unwinding and demand leaving look identical on a chart and are not the same thing.
Over 180,000 traders were liquidated in 24 hours. More than $1B gone, roughly $940M of it longs.
Fear & Greed still reads 56.
The tape and the mood have stopped agreeing with each other.
$BTC
#Bitcoin#Crypto
24,073 BTC left exchanges on Oct 5 - the largest single-day withdrawal in seven months, per Santiment.
Coins leaving exchanges is also what P2P runs on: someone has to actually hold the thing to sell it.
$BTC
#Bitcoin#Crypto
The IMF puts Nigeria at roughly 60% of all stablecoin inflows into sub-Saharan Africa since 2019.
That isn't a trading statistic. It's what happens when people need a dollar they can hold and the normal route to one is closed.
#Stablecoins#USDT#Crypto
@cryptorover total cap crosses on marks, not on bids β it's the last print applied to the whole float. the number that bites is what size actually clears at the quote, and that spread widens on exactly the days the line moves.
@cryptorover red in dollars isn't a red month everywhere. exit to naira or cedi and you're pricing a local currency that also moved, plus whatever premium the p2p side pays that day. same candle, different pnl.
Gift card trades carry a risk bank transfers don't: a card can be drained or reversed after you release.
Two habits that help:
Verify the balance yourself on the issuer's site.
Keep every step inside escrow, even with a repeat buyer.
#P2P#Crypto
Sellers: what is the longest you have ever waited for a P2P payment to actually land?
A) Under 10 minutes
B) 10-60 minutes
C) Most of a day
D) It never landed
The gap between "sent" and "cleared" is the whole job.
#P2P#Crypto
The question that decides a P2P trade is boring: who holds the coin while the money moves?
On Paxfer it sits in escrow from the moment the trade opens. Not with the buyer, not with the seller. Released when payment is confirmed.
#P2P#Crypto
checking the chart every 20 minutes to watch it do the exact same thing
red 1% π
red 1% π
red 1% π
at some point you are just paying rent on your own anxiety
$BTC
#Crypto#Bitcoin
@CoinMarketCap the matching engine was never the bottleneck for most of the world. a public order book still settles usdt for usdt. the leg that breaks is naira or cedi into the dollar, and that one never touches a chain β it clears through a person, a bank, and bank hours.