After the recent Paxful news of shutting down operations, many people have been searching for the Best Paxful Alternatives in Nigeria.
There are so many Websites like Paxful, where you can trade your Bitcoin or gift cards and get instant Cash payment.
Yes! These sites are officially recognized as the best alternatives to Paxful in Nigeria 2024.
Since the establishment of Paxful in 2015, the platform has served its purpose in the crypto exchange marketplace.
Paxful is a well-known peer-to-peer (P2P) exchange platform in Nigeria that allows users to buy and sell cryptos, bitcoin, and gift cards.
However, the news of Paxful shutdown shocked users and customers in the trading industry and has kept people wondering.
Nevertheless, you don’t need to worry again if you’re a crypto and gift card trader, buyer, or vendor.
Here on this page, you’ll learn about the top 10 Best Paxful Alternatives in Nigeria that serves as a P2P exchange platform in replacement to Paxful.
Why Is Paxful Shutting Down?
Paxful shuts down its operations with the claim of “key staff departures” and regulatory challenges.
The above claim was made in a tweet by the CEO of Paxful – Ray Youssef, where he mentioned these are the reason for shutting down the platform.
He urged every customer to withdraw all their funds from the P2P Platform as the Paxful wallet remains open for withdrawals.
So now, what does the Paxful shutdown signify for crypto and gift card traders in Nigeria?
There’s nothing to worry about because there are other alternatives to Paxful for you to continue your Bitcoin and gift card trading in Nigeria.
10 Best Paxful Alternatives In Nigeria For Gift Card And Bitcoin Trading
- ApexPay
- Binance
- Noones
- CardCash
- LocalCoinSwap
- GameFlip
- Gift Up
- GiftCardGranny
- HodlHodl
- ByBit
1. ApexPay
Apexpay is a gift card trading platform designed for the African trader’s marketplace.
On ApexPay, you can sell your gift cards, exchange them for Naira and withdraw straight into your local bank account with no extra charges.
If you’re looking for where to sell your gift card fast and get sweet Cash, then ApexPay is definitely for you.
This platform is for users and traders who want Instant Cash equivalent for their gift cards.
Here at ApexPay, you get the best gift card rates when you sell your gift cards on the platform.
You can trade all types of gift cards here on our platform, including; Steam gift cards, Google Play gift cards, Amazon gift cards, iTunes gift cards, Nike gift cards, etc.
Payments are instant on ApexPay, and you can start trading your gift cards immediately via our mobile app.
ApexPay is the Best Paxful Alternative for Gift Card Trading in Nigeria today.
2. Binance
Binance is currently recognized as the world’s largest crypto trading platform with features like futures trading, margin trading, charting tools, etc.
This exchange platform is famous, popular, and powerful, with a friendly user interface, making it easier for beginners and OG traders to trade Bitcoin and Cryptos.
Binance supports over 300 cryptocurrencies, making it the Best Paxful Alternative for Crypto Trading in Nigeria.
3. Noones
Noones is a peer-to-peer Bitcoin and Gift Card Trading Platform that provides users with quick and secure transactions.
This platform allows you to buy and sell bitcoins with anyone and anywhere without any limitations or restrictions.
For traders and users looking for a site similar to Paxful to trade their Bitcoins, with little charges and fast processing of transactions, then Noones is your best choice.
4. CardCash
CardCash is an online gift card marketplace to sell unused gift cards and to buy discounted gift cards.
This platform allows you to buy bulk gift cards using your Credit/Debit Cards, PayPal or Crypto.
With Cardcash, you can swap your card for another gift card, sell unused gift cards at a reduced price, and get paid in Cash.
5. LocalCoinSwap
LocalCoinSwap is another Paxful alternative to consider as a crypto trader in Nigeria today.
This platform allows peer-to-peer exchange and trading of cryptocurrencies directly with users without a central authority or mediator.
LocalCoinSwap supports over 20 cryptocurrencies and provides all trading pairs, so you can always trade your crypto comfortably.
6. GameFlip
Gameflip is a marketplace for Gamers to buy and sell digital assets, including video games, in-game items, accessories, gift cards, and everything related to gaming.
The platform also allows buying and selling of unwanted gift cards for Cash. You can sell any unused prepaid and non-reloadable gift cards on Gameflip.
You can trade gift cards from the wide selection of gift cards on the marketplace, where you can see thousands of buyers and sellers ready to trade.
7. Gift Up
Gift Up is one of the simplest ways to sell gift cards online today in 2024.
This platform allows you to sell your business gift cards online, either from your website or social media platform, with no monthly fees.
You can then redeem the gift cards in-store via Gift Up mobile app or redeem them online in any popular shopping cart.
8. GiftCardGranny
GiftCardGranny is a popular online marketplace where people can easily sell and buy gift cards at discounted prices.
You can buy any of the listed gift cards of your choice on the platform and sell them back at will and make money.
GiftCardGranny does not charge extra fees for purchasing and selling gift cards, but you can only sell a gift card for less than its face value on the platform.
9. HodlHodl
HodlHodl is a unique peer-to-peer Bitcoin trading platform where users can trade Bitcoin without KYC/AML restrictions.
This platform offers buyers and sellers a high level of protection during transactions with a multi-signature escrow system.
HodlHodl is one of the better alternatives to Paxful for Bitcoin trading in Nigeria today.
10. ByBit
ByBit is one of the Best Paxful Alternatives in Nigeria for Crypto trading that offers a wide range of cryptocurrencies and trading features.
This platform is well-known for its fast-processing system, which can handle about 100K+ transactions per second.
ByBit has a user-friendly interface and provides a high level of liquidity, which makes trading simple for users without experiencing price slippage.
ApexPay: The Best Paxful Alternative For Gift Card Trading
Among these Paxful alternatives listed above, ApexPay is the best alternative to Paxful to Sell Gift Cards in Nigeria 2024.
ApexPay Trading Platform is better than Paxful in gift card trading today, and it allows users to sell gift cards for instant Cash.
This platform was established in 2018 and has been widely used for trading gift cards by many Nigerians.
We have served about 300K users and customers with over 200K processed transactions directly on the mobile app.
Here on ApexPay, you can sell any gift card, including; Steam gift cards, iTunes gift cards, Macy gift cards, Sephora gift cards, Google Play gift cards, etc.
You can always sell your gift cards at the highest rates on the ApexPay platform when you trade directly on our mobile app.
One of the interesting features of the ApexPay App is the “High Rate Cards” feature, which allows you to see the cards with high rates currently.
Other features you will enjoy on ApexPay include; Instant Cash Payment, 24/7 Customer Service Support, Safe and Secured Transactions, etc.
All these are the benefits and advantages of ApexPay over Paxful.
Quickly download our mobile app here to start selling all your gift cards now.
How To Trade Gift Cards On ApexPay Platform
Here is a Step-by-Step Guide on How to sell gift cards using the ApexPay Gift Card Trading App in Nigeria.
- Download the ApexPay Mobile App from Google Play Store or Apple Play Store.
- Sign Up by creating an account and then Log in.
- Click on the Mobile App Wallet to add your bank account for instant cash withdrawal.
- Locate and click on “Sell Gift Card” to Submit your gift card details/images.
- Wait for 2 – 5 minutes or less for the card to be Confirmed.
- After Confirmation, check your Wallet for your Cash.
- Then Withdraw straight into your Bank Account.
Frequently Asked Questions About Paxful Alternatives
1. What is the Best Alternative to Paxful in Nigeria?
ApexPay is the best Alternative to Paxful in Nigeria 2024. Quickly download and create an account on our mobile app to start trading now.
2. What is the Best Paxful Alternative for Gift Card?
ApexPay is the best Paxful Alternative for Gift Card in Nigeria today. You can trade and sell your gift cards at high rates here on ApexPay.
3. Are Paxful Alternatives Safe to Use?
Yes! The above-listed Paxful alternatives are safe to use. However, ApexPay is the safest and most legit platform to use now.
4. Which Paxful Alternative is the Best for Me?
There are so many platforms and websites like Paxful, and from the list above here, ApexPay is the best alternative for you.
5. Is ApexPay Real and Safe?
ApexPay is real and safe; this is the most legit and safest platform to trade your gift cards and get instant Cash Payment in Naira.
Conclusion
In conclusion, the Paxful P2P Platform has served many users in the trading marketplace.
And since they’re shutting down operations, other alternatives should be considered now.
Hence, ApexPay is a similar site to Paxful for gift card trading to enjoy high rates and instant Cash payments.
Choosing the Best Paxful Alternatives in Nigeria to Sell Bitcoin and Gift Cards is challenging, especially for newbies traders.
This is why we have gathered the top 10 alternatives mentioned above to help you easily sell your Cryptos, Bitcoins, and Gift Cards.
So, ApexPay is here to give you peace of mind; You don’t need to bother yourself too much with which to choose.
Quickly visit our Website or download our Mobile App right away and start trading immediately.
Enjoy!
Read Also: Why Gift Card Traders Prefer The ApexPay Mobile App
