TheBlock
2020-06-25 18:22:58

Paxful has overtaken LocalBitcoins for the first time. What’s behind the P2P flippening?

Quick TakeEarlier this month, Paxful passed LocalBitcoins in weekly global trading volume after nipping at its heels for half of a year.During the week that ended June 6, Paxful users traded nearly $39.8 million dollars, pushing LocalBitcoins, which saw just over $39.5 million, into the second position for the first time.Several factors may be at play here.

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