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Paxful’s New Move to Maintain Integrity, Removes Ethereum

Published 12/22/2022, 02:43 AM
Updated 12/22/2022, 03:00 AM
© Reuters Paxful’s New Move to Maintain Integrity, Removes Ethereum
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  • Paxful removed Ethereum from its marketplace citing different reasons.
  • The reasons include the transition of Ethereum from PoW to PoS consensus, and claiming Ethereum is a centralized platform.
  • The ultimate intention of the company is to attain integrity.

Paxful, the global peer-to-peer marketing platform, removed the native token of Ethereum, ETH, from its marketplace, commenting its intentions as “integrity over revenue”.

Ray Youssef, the CEO of Paxful, tweeted on December 2021 that the platform has kicked off Ethereum:

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