The removal of Ethereum (ETH) from the marketplace, which Ray Youssef, CEO of Paxful, announced a week ago, is now official. One of the biggest peer-to-peer crypto platform in the world, the market is run by Youssef, who claims he has a tremendous duty to his 11.6 million users. Today, Youssef posted on Twitter: Ethereum was ultimately removed from the marketplace. 11.6 million People are safer. Integrity before profit. Who follows? The CEO of Paxful continued that Bitcoin represents the only show in town, and we require the most enthusiasm behind one settlement layer to succeed. It is not a financial plan. It represents humanity’s uprising for liberation. 11.6 million People are safer.
Integrity over profit. Who is next?
Autonomous and open-source, the Ethereum blockchain supports smart contracts. Ether’s market valuation is second only to that of bitcoin amongst cryptocurrency platform. 2013 saw the creation of Ethereum by programmer Vitalik Buterin. The motives behind the Opposition of Ethereum, the Paxful CEO, provided the background to his decision to withdraw Ethereum from the exchange as early as 12:00 UTC on December 22 in a newsletter. Youssef refers to financial apartheid as the world’s greatest issue under the tagline “Revenue is nice, but integrity trumps all.” To that end, he works to create a future in which Bitcoin liberates billions of people locked behind by this cruel system, particularly those needlessly injured residing in the Global south.
We finally kicked #ethereum off our marketplace. 11.6m humans safer. Integrity over revenue 🤝🏽 Who is next ? pic.twitter.com/JTJXa5RYJ8
— Ray Youssef (@raypaxful) December 21, 2022
Youssef also mentioned how common scams are among the Ethereum blockchain-based currencies. He claimed Paxful would keep allowing trade in the stablecoins tether (USDT) and USD coin (USDC) in response to queries on Twitter, although he didn’t seem very excited about it. Peer-to-peer market place Paxful crypto is well-liked in Africa, where Youssef predicts widespread acceptance of bitcoin owing to its ability to encourage economic growth. He said their business is under attack, implying that the mission to defend the users is higher than ever.
Info about Paxful
As far as the Paxful review is concerned, it is a legit company. The money on cryptocurrency marketplace is secured and protected from unauthorized transactions and con artists. The Escrow service performs all in its ability to prevent con artists from gaining access to wallets. But buyers must always transact through the platform. Paxful wallet Bitcoin is a reliable and comfortable method to handle your money, with a simple and trustworthy way of buying, selling, transferring, and keeping your bitcoin. Token minting typically takes 10 minutes to manufacture a new currency using an application-specific integrated circuit (ASIC) miner’s typical power consumption. It is true no matter how many people are mining Bitcoin in its virtual cavern.
