Paxful Is Closing Its Doors
Paxful, one of the largest peer-to-peer cryptocurrency marketplaces, has announced it will permanently wind down operations by November 1st, 2025.
The company made this announcement on October 1st, 2025, giving users just one month to withdraw their funds. This decision follows ongoing compliance issues and unsustainable operational costs from extensive remediation efforts.
What This Means for Nigerian Users
If you have been using Paxful to trade gift cards and cryptocurrencies, you need to find a reliable alternative quickly. Your funds are safe for now, but you must withdraw them before the deadline.
Switch to Gift Card Mama for Safe Trading
Don’t let Paxful’s closure disrupt your gift card trading business. Gift Card Mama offers you a better alternative:
- Safe & Secure – Your transactions are protected with industry-leading security
- Fast Transactions – Instant conversion of gift cards to Naira
- Best Rates – Competitive exchange rates for all major gift cards
- 24/7 Support – Our team is always ready to help you
- Easy to Use – Simple interface for quick trading
Start Trading on Gift Card Mama Today
Visit app-store.mom now and experience the easiest way to convert your gift cards to Naira. Join thousands of Nigerian traders who trust Gift Card Mama for their daily transactions.
Act now before Paxful closes on November 1st!