FAQs - Gift Card Fee Increase

Q: When does the gift card fee increase take effect?

A: The increase will go into effect on December 15th (UTC 12:00)


Q: How much are gift card fees increasing? 

A: Gift card fees are increasing from 4% to 5%. Nothing else will change. The seller of cryptocurrency pays the escrow fee only after the trade is successfully completed. The buyer does not pay a fee. 


Q: Why are gift card fees increasing?

A: Raising fees is never an easy decision but changing the escrow fees on gift cards is in the best interest of Paxful and our commitment to our community to provide the safest, most reliable P2P platform for people to buy, sell, and trade cryptocurrencies.


Articles in this section