The team at Paxful, one of the leading peer-to-peer Bitcoin (BTC) exchanges, acknowledge that 2020 has been difficult and they say that while this is the most difficult year in many people’s lives, there have been positive developments.
In January 2020, Bitcoin was trading at around $7,000 and, as the value of the BTC recovered from its cave in March, Paxful really began to grow as a community. length of capacity (but there is still much to be done). Paxful reports that he now has more than 400 employees “who fight every day for monetary freedom. “
Although the global is blocked and many projects have been suspended, Paxful has shown that it continues to function and has added Tether (USDT), the world’s largest solid currency, to its P2P platform, meaning users can protect themselves and stay in the cash they have earned, the company says. They added that with new paid features like gold and gaming software, the platform has become a welcome network for everyone.
Paxful’s team mentioned:
“The paintings also did not impede our Built With Bitcoin projects. We have completed schools and sustainable water filtration centers in Rwanda and Kenya, and we have raised the budget to COVID-19 with our African Fund. Thanks to the important donations of our users and friends, we sent an essential material and a protective device to those who needed them most. Thank you. “
Scored:
“This year we’re also celebrating our fifth anniversary, five years!That’s the time we haven’t had the Paxful concept, when Bitcoin was still making the most of the global laughter!But we believed it, and so do you. Since January, our users have exchanged more than 44 million times ».
Paxful’s team showed that “the global enters 2021 with uncertainty,” however Bitcoin continues to succeed at unprecedented heights. Even with the COVID-19 pandemic, the Paxful Built With Bitcoin team continues to work hard and plans to continue building more schools in the coming years.
The company says we deserve to ‘expect an even bigger Paxful in 2021 with new products, more cryptocurrencies, new enhanced features and even a cryptographic debit card’. They demonstrated that monetary inclusion “for all is on the move”
As recently reported, Paxful took PaxBot to “do most of the work” for cryptocurrency traders, while trading higher volumes in Vietnam until the end of 2020.
As reported last month, Paxful will have a mandatory identity check in most Asian countries and has partnered with a virtual bank.
As reported in November 2020, many more British citizens are buying Bitcoin and other cryptocurrencies, as sterling has fallen to its lowest point against the USD in 35 years.
In an October 2020 interview with Crowdfund Insider, Paxful co-founder Ray Youssef said:
“Financial inclusion and accountability are what gave rise to Paxful, it drives our company to ensure that everyone has access to finance and can take control of their money. Paxful is fighting for economic equality. People in suffering economies do not have access to banking services and our platform allows them to take control of their finances by providing local payment strategies available through their local currency. »
Added:
“With over three hundred payment strategies and maximum currencies (more than 150), everyone can place an appropriate means of payment in their currency. Imagine being able to download cryptocurrencies, cover your budget in solid currencies, invest, exchange or send cash without having a bank account or inadvertently converting to popular currencies, we help other people who do not have enough banking services and who do not have it around the world. “