Are you looking to buy or sell something online using cryptocurrency?
Many fake online merchants claim that they did not receive payment, even when the transaction has multiple confirmations on the Blockchain. If you first send to your own wallet and then transfer your coins to a merchant’s wallet, you’ll be able to more easily track your transaction.
🚨 Amazon does not accept crypto payments
🚨 Amazon will not ask for your card details over the phone
🚨 Facebook and other social media platforms do not offer phone support
Alternatively, if you are a merchant who has a potential customer that claims they paid you via Paypal and you later receive a message saying that you need to make a deposit in BTC for insurance that will later be returned or for transfer fees, then be wary.