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What is Paxful (What does pailful mean)

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Paxful is a digital currency exchange created by Paxful and supported by Bitfin

What is Paxful (What does pailful mean)

Paxful is a digital currency exchange created by Paxful and supported by Bitfinex, currently serving over 100 million users worldwide. The platform primarily caters to African users, aiming to enable them to trade stable cryptocurrencies using their funds.

Stephen Sapper, the company’s founder and CEO, stated, “We aim to be a borderless, decentralized financial system.” He added, “With the development of the internet and the widespread use of mobile payments, people are increasingly participating in the financial markets.” Nevertheless, Bitcoin is still considered a store of value.

What does pailful mean

According to official sources, pailful is an abbreviation for payless. PAILFull is a blockchain-based platform that allows everyone to participate in a decentralized economy through tokens without having a bank account or paying any fees. It provides a peer-to-peer trading and asset management platform. The wallet holds a large number of tokens and has its own governance model and incentive mechanisms to attract more people to the decentralized ecosystem.

Pailful means that the total supply limit of a token is 100 billion, including DAOs, NFTs, and more.

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