Last Update February 9th, 2022. Paxum is a popular e-wallet for transferring funds from an existing bank account and between individuals.
Paxum is also a popular method of payment for buying and selling bitcoin instantly and securely.
If you are buying or trading bitcoin in high volumes with Paxum our recommendation is to use Paxful or LocalBitcoins for your trading needs.
Where To Buy Bitcoin With Paxum
| Company | Fees | Countries Supported | |
|---|---|---|---|
 | Paxful | Free, 0.1% to 5% for sellers | Every country except for a few (see banned countries) |
 | LocalBitcoins | Free, 1% to advertisers | All countries |
Table of Contents
How Can I Buy Bitcoin With Paxum?
If you want to buy bitcoin using Paxum then you have to find a reputable exchange or marketplace that will let you do it.
How To Buy Bitcoin With Paxum On Paxful Summary
- Create an account with Paxful.
- Verify your account.
- Go to “Buy Bitcoin” and look for Paxum.
- Open a trade with the vendor and complete the terms.
- Receive bitcoins directly into your Paxful wallet.
That’s it! You have successfully purchased bitcoin with Paxum as the payment method.
2 Ways To Buy Bitcoin With Paxum
Paxful
| Website: | paxful.com |
| CEO: | Ray Youssef |
| Headquarters: | New York, New York |
| Founders: | Ray Youssef, Artur Schaback |
| Founded: | 2015 |
| Customer service: | Knowledge Base |
| More information: | Read Review |
Paxful is a person-to-person marketplace that supports over 300 payment methods.
Paxful gives vendors the ability to create offers in all currencies.
Pros
- Escrow system
- Security
- Diverse payment methods
- Simple user interface (UI)
- Wide variety of sellers
Cons
- Buyers and sellers are at risk of being scammed
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
LocalBitcoins
| Website: | localbitcoins.com |
| CEO: | Sebastian Sonntag |
| Headquarters: | Helsinki, Finland |
| Founders: | Jeremias Kangas |
| Founded: | 2012 |
| Customer service: | Knowledge Base |
| More information: | Read Review |
LocalBitcoins is a person-to-person bitcoin trading platform that specializes in connecting buyers and sellers.
LocalBitcoins gives vendors the ability to create offers in all currencies.
Pros
- Available in every country of the world
- A diverse selection of buyers and sellers
- Supports many payment methods
- Buyers get their bitcoins fast
- Private
Cons
- Lack of cryptocurrency diversity
- Both sellers and buyers have a chance of being scammed.
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
What Is Paxum?
Introduced in 2007, Paxum is a Canadian financial services company that provides secure and encrypted payment processing services for companies and individuals. Paxum customers can make deposits or transfer money in USD, EUR, and CAD.
The Paxum app is available for both iOS and Android devices.
How Paxum Works
Can I Buy Bitcoin With Paxum?
Absolutely. You can buy and sell bitcoin with Paxum on two select marketplaces, (1) Paxful and (2) LocalBitcoins.