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ShadowPay Review - Is It Legit?
With less than 3 years in the market, ShadowPay is a novel platform for trading skins peer-to-peer (P2P). View our full extensive review.
ShadowPay Quick Verdict:
- ⭐ Trust Score: 9.3/10
- 🔒 Security: Secure, but requires ID verification
- 💰 Fees: Competitively low
- 🛒 Best For: Buying rare skins at fair prices
- ❌ Drawback: Limited payment options
Shadowpay is a great site for buying and selling skins and is very popular in comparison to other third-party marketplaces. Many people always ask is Shadowpay legit? to buy skins and sell items. Read on more to find out about this popular platform especially when it comes to trading CS:GO skins.
Shadowpay presents a popular website that boasts a fantastic market with a plethora of withdrawal methods that will allow you to sell skins and withdraw the profit to your bank account rest assured every trade offer that partakes in every moment on Shadowpay is legit, with many skins on the website being listed for good prices the platforms offer a wide array of skins at your disposal, especially CSGO skins many users find Shadowpay to be great platform to buy and sell skins.
Check out our review to find out if you should trade at ShadowPay because we will let you know everything about it: pros, cons, fees, types of trading, and payment methods when it comes to buying skins or simply selling skins at Shadowpay.
Corey Sims
History
ShadowPay and the Shadowpay details were created in August 2021 Who owns Shadowpay? currently, it is under the ownership and control of Amazing Place PTE. Limited, and Shadowpay located a Singapore-based company. This trading site was created with the goal of allowing people to trade CS:GO, Dota 2 and Rust skins and in-game items peer-to-peer without absurd restrictions, that you may find dealing directly from your Steam account.
This is why it enables full-featured crypto transactions for deposits and withdrawals while driving highly-targeted traffic that has allowed it to reach a total marketplace value of $3.3M, attracting even more traders, buyers and sellers selling skins to join the platform at Shadowpay as players often prefer trading on third-party platforms than on the Steam Market as buyer and as a seller, as the platform offers trading for real Money unlike steam the steam marketplace and website which is a popular feature
Popularity
ShadowPay is still lagging behind established skins CS2 trading sites such as DMarket, CS.MONEY and SkinBaron, but despite being less than 3 years old, it’s already imposing its presence on the market with its users.
- Monthly Traffic: 119,000+ visits
- TrustPilot Rating: 4.2/5.0
- TrustPilot Reviews: 390+
- Twitter Followers: 14,000+
- Reddit Threads: 240+
- Steam Threads: 530+
There’s no doubt that ShadowPay is quickly becoming one of the main skins trading sites for CS:GO, Dota 2 and Rust fans thanks to its great prices, smooth P2P transactions, an outstanding variety of offers and highly-targeted traffic that is interested in buying, selling and exchanging skins and items. ShadowPay does not have many negative reviews and is reviewed great TrustPilot to purchase items and sell items with its peer-to-peer system, and opposes a great alternative to selling on the regular Steam Market as you can withdraw your money for your skins to your bank card or bank account on the platform. So feel free to start selling today with other users at Shadowpay with its popular platform. You will also find that the site offers a bonus code and sometimes a promo code, so if you want to trade CSGO items and other skins you can get good offers depending on the date you start trading with users.
Competitor Comparison
When we stack together the competitors, its clear as day that ShadowPay still has a lot of growing to do. Other competitors such as SkinPort for example, offer their players more liquidity for the high sales, which ShadowPay could integrate better.
Trading instantly like CS.Money is another desirable that traders on the market are looking for. However, one thing we will say is, ShadowPay does offer full pricing control to the seller, which is favourable if thats your target when using the site. For ShadowPay to have a huge market access like SkinBaron and Skinport for example, it will need to check out these small significant details to improve the overall user experience. Things like this can make all the difference.
Market Type and Key Features
Buying & Selling Fees
ShadowPay charges a 5% fee and a 0% buying fee, making it an affordable P2P trading site at first glance. Nonetheless, it also charges a 5% fee on each payout, elevating the costs significantly if you want to cash out your profits, especially if you want to transact frequently at ShadowPay.
A Unique Fee for All Types of Transactions
Unlike other skins and in-game items trading sites, ShadowPay charges the same fee regardless of the value of the skins/items or type of memberships. Making it suitable for trading both common and cheap skins as well as rare and expensive ones.
About the Hidden Instant Sell Fee
Even though it’s a 100% P2P trading site, ShadowPay also offers the option to cash out your skins and items via Instant Sell. However, it charges an outrageous fee of 65%, making it more expensive than other skins cashout sites such as Skins.Cash and SkinCashier.
This is why we recommend you to use ShadowPay just for trading and items, because the Instant Sell service is way too expensive and you have better options out there on another website.
Deposit & Payout Methods
As we mentioned before, the platform charges a 5% fee on payouts but it keeps the deposit fee at 0% (keep in mind that your chosen payment method might charge fees though). And it offers the following payment methods for deposits and withdrawals:
Payment Methods | Deposit | Withdrawal |
Visa (Credit Card and Debit Card) | Yes | Yes |
MasterCard (Credit Card and Debit Card) | Yes | Yes |
BTC | Yes | Yes |
LTC | Yes | Yes |
USDT | Yes | Yes |
ETH | Yes | Yes |
BNB | Yes | Yes |
Bitcoin Cash | No | Yes |
Steam Skins (CS:GO, Dota 2 and Rust) | Yes | No |
ShadowPay Wallet Card | Yes | No |
Tipalti | No | Yes |
Despite charging a steep payout fee, it’s a trading site that will allow you to manage your money as you wish on the website.
It’s one of the best P2P skins trading sites in terms of smooth deposits and payouts because you have 100% cryptocurrency support via LTC, BTC, ETH, USDT, BNB, and BCH.Corey Sims
Pros
- Low Fees – The site has an only 5% commission, making it cost-effective.
- Fast Transactions – Trades will typically be processed in under 15 minutes.
- User-Friendly – A simple interface with mobile and browser extensions, to suit prefrences.
- P2P Trading – Sellers have control over pricing and listings.
- Good Reputation – A 4.2 on TrustPilot as the rating shows customer satisfaction is key for the function of the marketplace.
Cons
- Buyer Approval Delays – It has to be said that the purchases may take longer to approve should the automated system flag the payment during processing.
- Limited Payment Options – There are fewer cashout methods than other major competitors.
- Not as Established – There is a smaller market share compared to Buff.163 or Skinport.
Conclusion: Should You Trade at ShadowPay?
Yes, if you want to trade CS:GO, Rust and Dota 2 skins and items, we think ShadowPay is a solid choice to pick!
We think that for traders looking for low fees, fast transactions, and a user-friendly P2P system, ShadowPay definitely stands out. The 5% fee and quick trade times may not be ideal for buyers needing instant approvals, but compared to competitors like Skinport and Buff.163 , it offers greater seller control but fewer payment options. Overall, we believe for users looking to be cost-conscious traders who prioritize low fees and reasonable trade speeds, this is an ideal site for them.