Updates

How To Stay Safe On Paxful

Sometimes you get the weird feeling that someone is spying on your online activities. Surprisingly, cyber attackers trail your activities and use the information to seize, destroy, or change your data and use them for fraudulent activities without your knowledge.

Cryptocurrency dealers are easily vulnerable to cyber attacks since the currencies are digital. For this reason, it is important to choose a secure and safe platform like Paxful. To stay safe on Paxful, there are several ways to do that.

Below are the six ways to protect yourself from cyber attackers and stay safe on Paxful. 

Six Ways To Protect Yourself And Stay Safe On Paxful

  1. Staying on  and monitoring  the trade chat

People tend to exit the chat to finish trade, even though this may happen, do not click on suspicious unfamiliar links. Be careful of users asking you to cancel the trade or to switch over to a different offer link.  Chatting outside of Paxful’s trade chat is dangerous because if your trade ends up in a dispute, Paxful can’t fully help to resolve the issue since it is beyond their jurisdiction. Be sure that you are logged to “https://paxful.com” before entering your account details.

  1. Don’t share your personal information. 

Never share any personal information in the trade chat, users can try to dupe you on off-site trades or impersonate you.

  1. Identify real Paxful moderators.

Try as much as possible to alert and identify the real team of Paxful moderators.

It’s important to know that they have specific chat bubbles and signatures which makes them unique.

  1. Set up two-factor authentication.

It is recommended to set up two-factor authentication as soon as you create your Paxful account. You can set this up in your account settings, the best way to do this is using Google Authenticator.

  1. Use security questions

This is another way to secure back your account in case of an attack. It’s best to set up your questions and answers when you create your Paxful account, but you can set them up at any time in your account settings. Be smart to pick questions and answers that you will never forget!

  1. Active sessions

It is important to be always active, avoid leaving your account dormant. Frequently check out the devices you’re currently logged in to your Paxful account on to be sure it is your device. You can check this in the security tab of your Paxful account. If you don’t recognize the device, click the “x” on the page to log your Paxful account out of that device. Change your password immediately.