Every trader is aware that bitcoin prices may vary on each exchange platform. Paxful values your freedom of choice and provides flexibility to choose bitcoin rates for your offers the way you find it most convenient and profitable. Creating an offer on Paxful has an option to choose a market source of Bitcoin rate and an option to select a price point.
When you create an offer to buy or sell bitcoin, you can decide whether to use the regular rate offered by Paxful or select one of the most popular exchange platforms from the list in the drop-down list. The price point is also flexible.
Offer bitcoin price = source price + margin %
On step 2 (Profit margin and trade limits) of the offer creation flow, do the following:
1. Click Switch to advanced mode under Percent above market rate your offer will list at.
Advanced mode section appears.
2. Select an exchange platform from the Custom Price source drop-down list.
3. Select a price point from the Select a price point to use drop-down list.
Your custom bitcoin price is set. Continue with the offer flow.
Note: You can always switch back to simplified offer flow by clicking Switch to simple mode.
Check our common questions about price equations for more information.