Paxful transition guide

Paxful Closed? Trade Crypto With NGN on CoinCola

Paxful has stopped buying, selling, and trading services. On CoinCola, choose BTC or USDT, select an NGN payment route, and complete your P2P order with the seller's crypto held in escrow.

Paxful vs CoinCola

Paxful vs CoinCola at a glance

Paxful has stopped trading. CoinCola gives Nigeria users a live P2P route for crypto and gift cards, with local NGN payment methods and escrow-protected orders.

TaskPaxful todayCoinCola route
Start a new crypto tradePaxful states that buying, selling, and trading services have stopped.Buy or sell BTC and USDT with NGN through CoinCola's P2P market.
Pay or receive in NGNPaxful's trading services have stopped, so no active NGN P2P offers are available there.Choose Naira Balance, Bank Transfer, Kuda, or PalmPay on an offer that supports your preferred route.
Trade gift cardsGift-card trading is no longer available after Paxful stopped its trading services.Use CoinCola's dedicated gift-card marketplace to trade an eligible gift card for crypto.
Protect the trade flowNo new P2P order can be opened after Paxful stopped its trading services.CoinCola locks the seller's crypto in escrow when a P2P order starts and releases it after payment is confirmed.
Pay the right P2P feeNo new trade can be opened, so there is no active Paxful trading fee to apply.Take an existing P2P or eligible gift-card ad at a 0% platform taker fee. A maker fee applies when a posted ad is completed.

Paxful service status is based on its official withdrawal site. CoinCola offer limits, payment-method availability, and prices vary by advertisement.

Your CoinCola P2P flow

Move your balance, then trade with NGN

After withdrawing from Paxful, use CoinCola to buy or sell crypto with an NGN P2P order. The order itself shows the payment method and trade limit.

  1. 01

    Move BTC or USDT to CoinCola

    Withdraw the asset from Paxful using the matching CoinCola deposit network. Use a small test transfer first, then move the balance you plan to trade.

  2. 02

    Pick an NGN payment route

    Select an NGN P2P offer and pay or receive through Naira Balance, Bank Transfer, Kuda, or PalmPay when that route is available.

  3. 03

    Complete the escrow-protected order

    When the order starts, CoinCola locks the seller's crypto in escrow. Complete the agreed payment, then confirm receipt to finish the trade.

Why CoinCola after Paxful

Why CoinCola works for Nigeria P2P

Use the NGN route you prefer

  • Buy or sell BTC and USDT through an NGN P2P order.
  • Use Naira Balance, Bank Transfer, Kuda, or PalmPay when that payment route is offered.
  • Take an existing offer at a 0% CoinCola platform trading fee.

Trade crypto and gift cards

  • The seller's crypto remains in escrow while the P2P payment is completed.
  • Use the dedicated gift-card marketplace for eligible gift-card-to-crypto trades.
  • See the trade limit and payment instructions in the order before you pay.

Paxful to CoinCola FAQ

Questions about CoinCola NGN P2P

Here is how the CoinCola P2P flow works for Nigeria users moving on from Paxful.

Paxful's withdrawal site states that its buying, selling, and trading services have stopped. Withdraw any crypto balance you plan to use, then start a new P2P trade on CoinCola.
Move an asset only when the sending and receiving networks match. Use the CoinCola deposit address for the same asset and network, then send a small test transfer before moving a larger balance.
It applies when you accept an existing P2P or eligible gift-card advertisement. A maker fee applies when a posted ad is completed, while network and payment-provider charges can still apply.
CoinCola supports Naira Balance, Bank Transfer, Kuda, and PalmPay for NGN P2P. Choose an offer that lists the payment route you want to use.
When a P2P order starts, CoinCola locks the seller's crypto in escrow. The crypto is released after payment is confirmed, helping keep the crypto in the order while both sides complete the trade.

Start your next NGN P2P trade on CoinCola

Choose BTC or USDT, select an NGN payment route, and complete an escrow-protected P2P order. You can also trade eligible gift cards for crypto in the dedicated marketplace.

View BTC/NGN Buy Offers

Offer limits, prices, and available payment methods vary by advertisement.