Tips on How To Easily Identify Scammers Online

On this Post, I will share some tips on how you can stay safe with your exchange transactions to avoid getting ripped or scammed by some low lives who claim to buy your e currency, Cryptocurrencies or gift cards from you, with the aid of these tips you are sure to stay safe and transact smartly like a boss.

Exchanging your E currencies for the Naira equivalent is a must for anyone earning payments online via PayPal, Payoneer, Skrill, Bitcoin and Other Cryptocurrencies, if you own a website your advertisers can pay you via any of this payment methods, most freelancing sites pay via Paypal, Skrill or Payoneer and if you are into online surveys, most of the legit survey sites pay via PayPal.

At the end you will need to exchange your E currency for the naira equivalent, at this stage you will need the service of an exchanger, and that’s were the real problem is, finding a real and legit exchanger, since you are online, you are to transact with whom you never knew or seen, with a possibility of getting scammed by some low lifes who derive joy from stealing what others worked hard for, well on this post I will share some tips on how you can Identify if a exchanger is a scammer/ripper simply from his/her terms, online profile, Exchange rate, Etc, read on to find out how.

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How To Identify Scammers and Stay Safe

1.Terms and conditions :

Legit exchangers have set terms and conditions, this term regulates their transactions and can never be bent for any reason, these include the exchange rate, the minimum amount of fund he can buy, the time frame at which payment is to be made to your account etc, for scammers there might claim to have terms but are ready to bend it just to satisfy you, for example, a scammer we will convince you that he will forward the cash equivalent to you immediately you send the funds, even though he claimed to have a set time frame,

2. Online Social Profile :

Most scammers utilize Telegram for their dubious act, please don’t do ever business such as selling your funds on telegram because that platform can be so manipulated, that’s scammer’s hub, secondly its more secured to transact with persons that have a solid online profile or social profile(Facebook, twitter or Instagram pages), a website, or an exchange portal, confirm that he owns those before carrying out a transaction with him.

If you are to transact on WhatsApp, take a look at his/her profile, most scammers bear religious names and use religious quotes as a profile image on WhatsApp instead of their real photos so as to deceive their victims, must of them even have empty profile photos, always try to search or verify their name or mobile phone number either via google search, truecaller app.

3. Scanty WhatsApp Profile:

Scammers always have or make use of multiple WhatsApp accounts, and can use third party WhatsApp apps like GB WhatsApp and co, so that they can manipulation their WhatsApp settings like tweaking their WhatsApp to never green mark messages read, even when they have read it.

Most of them have empty profile photos so that if they block you after scamming you, you wouldn’t notice easily since they don’t have profile photos, also most of them don’t have a detailed “ABOUT” and most times uses WhatsApp default Abouts like, ” Hey am Using WhatsApp” etc, also due to fact that they are Scammers thus frequently get blocked by WhatsApp whenever they are reported, their WhatsApp profile is always new, you can ascertain the age of the profile by checking their ABOUT section.

4. Exchange rate:

Most scammers have a very enticing exchange rate that will rue you into transacting with them, Secondly, scammers don’t have fixed-rate, they are ready to bargain the rate with you and claim to be helping you, in business nobody is helping anyone, we are all in to gain profit, you should know that.

5. Be Cautious of The Platform you Transact on:

For those Transacting on telegram on WhatsApp, most scammers will suggest that you use escrow, and if both of you happen to be on the same group they will have another user account owned by them, that account will equally be a member of the group with a different name, which will now come to act as the escrow, well you will be surprised at speed you will swindle if you get convinced so quickly with the escrow settings, if you will ever do such transactions on WhatsApp or telegram, let the known member preferably a group admin act as the escrow, you are a little safer that way.

6. Scammers are always in a hast:

Since scammers want to scam you as soon as possible, they will pressure you to send the funds immediately so that they will buy them ASAP before the dollar price changes or else they will change their mind, You should intentionally delay while trying to transact with anyone online and see the reactions, from that you can sense if the fellow is a scammer.

7. Uses Untraceable payment methods:

Scammers don’t want to get caught easily whenever they scam, so they always use untraceable payment methods like Opay, Palmpay or other fintech bank details instead of a commercial bank account detail that they can open easily with fake details.

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That’s my few tips on how you can identify scammers online, you worked hard to earn your money so you have to be smart enough not to loose them to some lazy low life scammers.

If you have any other tip that might be helpful, do well to leave it in the comment box below,

Best Regards