Famous Peer to Peer Crypto Exchange Platform PAXFUL records all time trade volume on its platform.
Paxful has registered over $1.1 billion dollar worth of trade volume in first half of 2020 which is over 34% more than 2019
While all the financial institutions are getting hit because of the pandemic paxful is making more profits during this time.
Today Paxful unveils their five years worth of historical data and some boosting fiqures financial record.
Paxful has now recorded over 4.5 million user wallet and $4.6 billion in total bitcoin trade volume.
In the first half of 2020 alone the exchange recorded over $1.1 billion dollar worth of trade volume.
Paxful CEO Ray Yousef believes its precisely because of the adverse financial conditions that helped paxful to grow
Recently Paxful beat its competitor local bitcoins in term of weekly bitcoin trade volume.
Paxfuls expansion in emerging markets helped them to grow so much in short time
The platform is mainly focusing on its African markets such as nigeria, ghana and Kenya
Recent partnership with crypto startup coinlogiq helped them to get the market of Latin american countries like mexico, brazil and colombia.
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