Safety tips

Gift Cards

  • To avoid gift card de-activation, ask for a receipt and make sure gift card is bought with cash.
  • Watch out for card re-sellers. If the card was obtained from 3rd parties there is a risk that card becomes invalid during or after the trade. Ask everyone to provide a picture with your username and trade ID. 
  • Be careful when accepting e-codes or gift cards bought with debit/credit cards as any debit/credit card purchase can be charged back.

Cash Deposits

  • This is the payment method with the least risk but the smallest profit margin but purchase amounts are higher compared to gift cards.
  • Make sure buyer deposits cash to your name and asks for the receipt. 
  • Make sure that you are trading with is the actual person making a deposit. Avoid 3rd parties involved in doing deposits.

Online Wallets

  • First, make sure that buyer’s account is verified on that wallet (i.e verified PayPal account)
  • Ask for ID of the buyer. Make sure the full name matches on both the ID and the online wallet account.
  • Note that it could be easily charged back since every payment is tied to a debit/credit card. If you want less risk, make sure that the buyer is sending the payment from their PayPal balance instead of a debit/credit card.
  • Make sure that you are trading with the owner of the account and no 3rd parties involved. 
  • For extra precaution, you can ask the buyer to write, on a piece of paper, the confirmation of the purchase of bitcoins along with the trade ID, amount, and that they payment as final. You can then tell the user to take a picture of that. In-case of chargeback, you can show it as evidence.

Debit/Credit Cards

  • This method is just as risky as online wallets as you could easily be charged back. The tips for avoiding the risks for this are the same as online wallets except that the name of the debit/credit card has to match with the one on ID.
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