Redrighthand
Tyrant
- Joined
- Jun 1, 2019
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Hello. Some of you might be interested in bitcoin trading. I will explain how not to get duped when dealing with p2p trading, because the industry is full of scammers that target newbies and pros alike, it's no joke because I almost learned the hard way when I first started out. It seems that the owners of the p2p give no shit about scammers and give no real instructions on how to avoid them because those people get their business booming. The industry is infested with fraudsters.
Here are some instructions to be safe when dealing crypto:
- Bank transfers: utilized for high volume trades. I don't suggest you deal with this method at all, it could be very harmful and could get your funds and bank account frozen. Many scammers will use a stolen bank account, or perform a sim swap to send you money from a stolen account, the real owner won't know what hit him until a few hours after the transaction have passed. This will get your funds frozen.
How to avoid: Always always ask for a selfie of the guy with his id and the day's date. The name on the id must be the same as the name of the trader (you can see it while in-deal). Beware, many people on darknet marketplaces are selling photoshop scans (that's why I don't recommend this method at all) so if you want to proceed it you will have to inspect the picture very carefully or catch him off guard and ask him for a new pic straight away. If you do this you are fine.
- Wires: I recommend this method because it's the least suspectible to scams, however you can still be scammed. Always ask that the person sends the money in cash from an agent. The name of the sender must be the same as that of the trader. Online transactions with sender's name different to that of the trader (like most cases on trading sites!) are almost always fraudulent, they will use a stolen card to make the payment and you will pick up the funds. This is very prevalent and the sites' owners are doing nothing to stop it. That's why you should ask for cash payments with sender's name matching that of the trader.
Paypal, skrill, payoneer etc: It's easy to charge back your money on those services, you should make the buyer write on a piece of paper "I send to x y, date xy, non refundable" and send a photo of that with his face and id. Also, as always name of sender must be the same as the name of the trader.
Giftcards: A no no. The people selling giftcards for dirt cheap have bought the giftcard with a stolen card. There's no way to verify this sort of transaction so stay away from it.
Cash: many people are selling authentic counterfeits on the dw. Meet the person near a cashier or an exchange to verify if the money is real.
Notes: don't ever, under any circumstances, deal with anyone displaying an african phone number, ip, or name. Especially nigerians. This may sound funny but it's completely serious, those people are only in the scam business. Believe me or learn the hard way.
This is pretty much it, if you have any questions feel free to post.
Here are some instructions to be safe when dealing crypto:
- Bank transfers: utilized for high volume trades. I don't suggest you deal with this method at all, it could be very harmful and could get your funds and bank account frozen. Many scammers will use a stolen bank account, or perform a sim swap to send you money from a stolen account, the real owner won't know what hit him until a few hours after the transaction have passed. This will get your funds frozen.
How to avoid: Always always ask for a selfie of the guy with his id and the day's date. The name on the id must be the same as the name of the trader (you can see it while in-deal). Beware, many people on darknet marketplaces are selling photoshop scans (that's why I don't recommend this method at all) so if you want to proceed it you will have to inspect the picture very carefully or catch him off guard and ask him for a new pic straight away. If you do this you are fine.
- Wires: I recommend this method because it's the least suspectible to scams, however you can still be scammed. Always ask that the person sends the money in cash from an agent. The name of the sender must be the same as that of the trader. Online transactions with sender's name different to that of the trader (like most cases on trading sites!) are almost always fraudulent, they will use a stolen card to make the payment and you will pick up the funds. This is very prevalent and the sites' owners are doing nothing to stop it. That's why you should ask for cash payments with sender's name matching that of the trader.
Paypal, skrill, payoneer etc: It's easy to charge back your money on those services, you should make the buyer write on a piece of paper "I send to x y, date xy, non refundable" and send a photo of that with his face and id. Also, as always name of sender must be the same as the name of the trader.
Giftcards: A no no. The people selling giftcards for dirt cheap have bought the giftcard with a stolen card. There's no way to verify this sort of transaction so stay away from it.
Cash: many people are selling authentic counterfeits on the dw. Meet the person near a cashier or an exchange to verify if the money is real.
Notes: don't ever, under any circumstances, deal with anyone displaying an african phone number, ip, or name. Especially nigerians. This may sound funny but it's completely serious, those people are only in the scam business. Believe me or learn the hard way.
This is pretty much it, if you have any questions feel free to post.
