Paxful Commits to Donating 1% of Its Annual Profits
Peer-to-peer fintech platform to join the Giving Block s Founder s Circle, aimed at donating annual profits via Bitcoin
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NEW YORK, June 4, 2021 /PRNewswire/ Paxful, the leading global peer-to-peer fintech platform, today announced that it will be joining the Founder s Circle, a philanthropic group within the Giving Block. Through the agreement, Paxful commits to donating 1% of its annual profits to charity via the Giving Block. Additionally, Paxful CEO and Co-Founder Ray Youssef will join the Founder s Circle as an individual contributor, donating at least 1% of his average annual Bitcoin holdings.
Paxful Hits $5 Billion Volume
Peer-to-peer fintech passes six million users and expects 20% growth this year
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NEW YORK, April 27, 2021 /PRNewswire/ Paxful, the leading global peer-to-peer fintech, announced today that over $5 billion has been traded to date on its platform and that it now has over six million users.
Paxful Reaches $5 billion in volume
Founded in 2015 and completely bootstrapped since then, Paxful is a peer-to-peer platform where you can buy and sell digital currencies as the means of exchange and make payments, transactions, and send money. With close to 400 different ways to buy and sell digital currencies from gift cards to bank transfers, Paxful connects you to almost any financial network in the world. The platform just added ETH to the cryptocurrencies available.