Paxful reports $1.6 Billion worth of trading volume for 2019

Paxful $1.6 Billion worth trading volume

Paxful, a peer-to-peer (P2P) bitcoin trading platform has reported $1.6 billion worth of global trading volume for 2019, driven by growth in Africa. Paxful’s African volumes increased by over 57% in 2019, while overall it has seen a “steady” growth of over 25% year-on-year since its inception in 2015.

The platform claims to be servicing over 3 million wallets, 45% of which are from Africa. Paxful hopes to further increase its volumes from the continent. Paxful said Nigeria, Ghana, South Africa and Kenya are among its leading markets.

Paxful lets you trade bitcoin safely without the fear of getting scammed or duped. The founders are Artur Schaback, Ray Youssef and it is headquartered in Newyork.

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