Yes, Paxful shut down in April 2023 due to regulatory challenges and left the industry. The homepage now shows that message.
For buying crypto with gift cards, use alternatives like:
- LocalCoinSwap: Peer-to-peer platform similar to Paxful, accepts Visa/Mastercard gift cards for BTC and others.
- CoinCola: Supports Amazon, iTunes, and more; escrow protection.
- Hodl Hodl: Non-custodial P2P, filters for gift card trades.
- Prestmit: Good for African users, accepts various gift cards.
Check seller ratings, start small to avoid scams, and confirm local availability. For more, see Coinsutra's Paxful alternatives guide.