Peer‑to‑peer crypto marketplace
Buy and sell crypto with people, paid by bank transfer.
PaxLes is a marketplace, not a custodian. You pick a counterparty, the seller's crypto is held against the trade before any money moves, and it is credited to you when the seller releases it. No custody account in the middle, and no queue.
- What this is
- An order book of live offers from other traders. Each one names its rate, its limits and the payment gateway it settles through.
- What you can do
- Read every offer without an account. Sign up to open a trade, chat with your counterparty, and receive crypto into your wallet.
- How to start
- Pick a direction and an asset in the console, or take a row straight off the board below. Escrow does the rest.
- PRE Offer accepted You accept an open offer. The trade is created between the two of you.
- 00 Escrow funded The seller's crypto is debited and held as the trade opens. Their response window starts running.
- 02 Payment marked sent You pay on the gateway the offer lists, then mark it sent in the trade.
- GATE Seller checks the account They confirm what actually landed. If it did not, either side can raise a dispute instead.
- 01 Released The seller releases. The crypto is credited and the trade record closes.
Route board
Live offers posted by traders right now. The rate is what they will accept, the limits are what they will trade, and the gateway is how they want to be paid.
No open routes in this direction
Nothing is posted for this asset yet. Filter the full marketplace by asset, currency or gateway, or post the first offer yourself.
Every trade runs on the same five states
The settlement path at the top is the normal route: 00 → 02 → 01. Every cell below is a permission the code actually enforces, not a promise. If a box is empty, nothing in that state can move.
Escrow funded — The seller's crypto has already left their wallet and is held. The response window is running from the moment the trade was created.
- Mark the payment as sent
- Cancel the trade
- Cancel, but only once the window has lapsed
- No action available
Released — The crypto has been credited to the buyer and the trade is closed. Nothing further is editable.
- No action available
- No action available
- Records the settlement and the transaction
- Both sides can leave a review
Buyer sent — The buyer has reported the payment and the seller is checking their own account. This is the only state where the release decision can be made.
- Cancel the trade
- Raise a dispute, but only after the window passes
- Release to the buyer
- Raise a dispute straight away
- Holds the chat and the payment record
Disputed — The trade stops here. No release and no refund happens automatically — the platform has to act.
- Keep the trade chat open; no state change is possible
- Keep the trade chat open; no state change is possible
- Joins the trade chat
- Then releases to the buyer, or refunds the seller
Canceled — The crypto and the trade charge went back to the seller's wallet. No fiat ever moved.
- No action available
- No action available
- Records the refund and the cancellation
What the rail connects
One side is crypto you can hold. The other side is money you can spend. Every offer states which gateway it settles through, so you only ever trade on a rail that already works for you.
Settlement gateways
| Gateway | Currencies | Direction |
|---|---|---|
| Bank Transfer | USD NGN | Both |
| Paypal | USD NGN | Both |
asset rate × fiat rate ± offer margin
Sellers shave the margin, buyers add it. Offers that set a fixed price use that price instead.Asset register
-
BTC
Bitcoin
1 route
-
BNB
BNB
0 routes
-
DOGE
Dogecoin
3 routes
-
ETH
Ethereum
0 routes
-
LTC
Litecoin
0 routes
-
SOL
Solana
0 routes
-
TRX
Tron
1 route
What holds the trade together
A marketplace is only worth opening if the stranger on the other side cannot walk away with both the coins and the money. These are the controls the application actually enforces, and the drawing is what happens to the seller's balance.
-
Locked
The seller's balance is debited and the crypto is held before the trade opens. It cannot be withdrawn back while the trade is running.
-
Gated
Release is one deliberate act: the seller pressing release once they have checked their account. There is no timer anywhere that pays either side on its own.
-
Timed
Every offer sets its own response window. A seller can only cancel after it lapses, and a buyer can only raise a dispute once it has.
-
Frozen
A dispute pins the trade at state 08, where nothing is released or refunded automatically. The platform joins the trade chat, then either releases to the buyer or refunds the seller.
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Recorded
The trade chat, its attachments, the payment mark and the final movement are all kept against the trade record. Both parties can leave a review once it settles.
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Verified
Identity verification gates the three things that move value: posting an offer, depositing, and withdrawing. Completed-trade counts stay on public trader profiles.
Reference
The questions people actually ask before their first trade, answered without the marketing language.
01 How do I buy crypto without an exchange queue?
You accept a live sell offer and a trade opens immediately — the seller's crypto is debited and held as part of opening it. You pay them on the gateway the offer lists, then mark the payment as sent. Once they have checked their account and released, the crypto is credited to your wallet. There is no matching-engine queue in between.
02 Is the seller able to take the crypto back mid-trade?
No. The crypto is debited from the seller's wallet as the trade opens and is held against it. The only ways out are the buyer cancelling, a cancellation permitted by the offer's window, or a dispute that the platform resolves.
03 Which payment methods can I use?
Whichever the counterparty accepts. Every offer states its gateway and the currencies it settles in — bank transfer, PayPal, or anything else a trader has enabled. Filter the marketplace by gateway and currency to only see offers you can actually pay.
04 Do I need an account to see offers?
No. The route board and the full marketplace are public. You need a free account to open a trade, use the trade chat, and receive crypto into a wallet.
05 What happens when a trade goes wrong?
Either side can raise a dispute while the trade is open. That pins it at state 08, where nothing is released or refunded automatically. The platform joins the trade chat, reads the record, and then either releases the crypto to the buyer or refunds it to the seller.
06 What is the reference rate shown on this page?
It comes from the platform currency table and is indicative. Individual offers set their own rate against that base, and that is the number your trade settles at.
Get settlement notes, not marketing
New assets, new gateways and platform changes. Sent only when something actually changes.