4.6 10 Red Flags Before Releasing Crypto
Warning signs every seller should check before releasing crypto from escrow to avoid losing funds.
§Payment-Related Red Flags
The first red flag is that the payment is not reflecting in your bank account. If the buyer claims to have paid but you do not see the credit, do not release. Wait and verify.
The second red flag is a mismatched sender name. If the payment comes from someone other than the buyer shown on CryptoBazaar, this indicates a third-party payment and should not be accepted.
The third red flag is receiving split payments. If the buyer sends the amount in multiple smaller transactions instead of one payment, this could indicate the use of multiple compromised accounts.
The fourth red flag is suspicious payment references. If the payment note or reference contains unusual text like crypto-related keywords, this could trigger banking scrutiny on your account.
§Behavioural Red Flags
The fifth red flag is requests to communicate outside the platform. If the buyer asks you to move the conversation to WhatsApp, Telegram, or any other service, decline. Platform communication provides an evidence trail.
The sixth red flag is urgent pressure tactics. Phrases like "release now, I need it urgently" or "I will lose money if you do not release immediately" are manipulation techniques. Take your time to verify.
The seventh red flag is the buyer claiming the payment will arrive later but asking you to release now based on a screenshot or promise. Never release escrow for a payment that has not been received.
The eighth red flag is unusual trading patterns, such as a new account with no history attempting a large trade.
§Account and Technical Red Flags
The ninth red flag is a new account with no verified trades attempting large transactions. While everyone starts with zero trades, exercise additional caution with unestablished accounts.
The tenth red flag is the buyer providing conflicting information. If the payment details they share do not match what you see in your bank account (different amount, different time, different reference), something is wrong.
When in doubt, do not release. Raising a dispute is always safer than releasing crypto based on uncertain information. CryptoBazaar's dispute process is designed to protect both parties, and legitimate buyers will not be penalized for disputes caused by verification delays.
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