Paxum

Paxum is a payment method to due to be added shortly after v1.7.3.

Paxum is a Global Payment Service for Businesses and Individuals. Paxum provides payment services for businesses in higher risk industries such as adult work and affiliate marketing. Paxum provides it's users with virtual payment accounts. For example SEPA, ACH and Faster Payment accounts are provided for the currencies EUR, USD, and GBP.

Paxum to Paxum transfers are instant.

• Currencies accepted; USD, CAD, EUR, DKK, CZK, AUD, ZAR, THB, CHF, SEK, RON, PLN, NZD, NOK, INR, IDR, HUF, GBP
• Trade window: 24 hours
• Signing required: No
• Bisq buy/sell Limits: 0.25 BTC

Where can I find out more about Paxum?

Here is a list of Paxum resources:

• Paxum website
• https://www.paxum.com/fees Paxum Fees]
• e-Wallet Terms of Use
• Paxum Twitter
• Paxum blog

What countries are available for Paxum?

Paxum is available for users in 50+ Countries.

What currencies are available for Paxum?

Paxum can be used for the following currencies; USD, CAD, EUR, DKK, CZK, AUD, ZAR, THB, CHF, SEK, RON, PLN, NZD, NOK, INR, IDR, HUF, GBP

What is the maximum trading duration for Paxum?

The maximum trade time is 1 day. Generally Paxum transfers will be completed instantly (less than 10 seconds).

What is the maximum BTC limit for an Paxum trade?

0.25 BTC.

Is Paxum a payment method that can be signed?

No, Paxum accounts do not require signing.

How do I set up a Paxum account?

Vist the Paxum website to set up an account.

How do I add Paxum as a payment method in Bisq?

It is easy to add your Paxum account to Bisq.

1. Go to the top menu in Bisq and select Account.
2. Then select National Currency Accounts.
3. Click add new account
4. Select Paxum
5. Complete the details
6. Choose to use a custom account name this helps makes it easier for you to manage multiple payment methods in Bisq (this will be visible only to you, for example: Paxum - John Smith)
7. Click save new account

Make sure all the details are correct when you add.

How do I buy BTC with my Paxum account?

You can buy BTC with Paxum on Bisq in 2 waysː

1. Make an offer to buy BTC on the EUR market.
2. Take an offer to buy BTC on the EUR market.

When the offer is confirmed Bisq will provide you with the BTC Sellers Paxum details for you to complete the payment. You should send payment immediately and confirm you have done so in Bisq by clicking 'payment started'.

If you have the option to include a payment reference please leave it blank. If your bank requires one, please just use your name that matches your bank account.

Once the BTC Seller receives your payment they will confirm in Bisq and your security deposit and your purchased trade amount will be available in your wallet.

How do I sell BTC with my Paxum account?

You can sell BTC with Paxum on Bisq in 2 waysː

1. Make an offer to sell BTC on the XXXXXX market.
2. Take an offer to sell BTC on the XXXXXX market.

When the offer is confirmed Paxum will provide with the BTC Buyer with your Paxum details for you to complete the payment. They should send payment at their first opportunity and confirm they have done so in Bisq by clicking 'payment started'.

Once you receive payment from the BTC Buyer you should confirm payment has been received in Bisq. One you have done this the BTC Buyer will receive their funds and you will receive your security deposit back.

Are there any fees for me to be aware of when using my Paxum account?

Paxum to Paxum transfers cost ~$0.25 to both send and receive.

It costs about $5 to deposit and withdraw funds from to Paxum.

How does dispute resolution when trading with Paxum?

If a dispute occurs the mediator may ask the buyer to send them information showing that they made the payment of the correct amount to the BTC Seller within the correct time frame.

The mediator may ask the seller to send them information to prove their account details are correct, or in the case of the BTC Buyer making a payment late, or of the wrong amount.

For more information see dispute resolution.