safety tips for pi coin sellers

Safety Tips For Pi Coin Sellers. Please Read Carefully Before you Proceed to Buy and Sell Pi Network Coin.

Payment Scams

As a Seller, you should be extra careful while Transferring your pi coin to the buyer. Make Sure to check the Payment before you transfer your pi coin. Make sure to meet him/her personally or Get to know each other closely before you make any transactions.

Please remember:

  • Your Information is public, that means you might get calls, emails, or SMS from Buyers or Sellers.
  • If you receive a SMS requesting you to send money or Transfer Pi Coins, DO NOT proceed.
  • If buyer insists you to Share Your Passphrase, Pi Username, Stop interacting with the buyer
  • Do not EVER enter your Pi wallet Information.
  1. Do not Share PASSPHRASE: If you receive any request to Share Pi Wallet Passphrase or Username, it is a scam. Receiving Pi Coin Transfers requires no PASSPHRASE. A public wallet Key is the answer.
  1. Pi Payment SMS: If you receive a message stating Pi Coin will be deducted or debited from Pi Wallet, BEWARE! There is no such thing as in decentralization world. Every Transactions fee can be monitored in Pi BLOCKCHAIN.
  1. Watch out for words like Transfer Pi, Send Pi, Pi Requested by, Pay with Pi, etc. They all indicate that Scammers are trying to hunt you.

Note: Kindly avoid use of unknown or unsafe modes for Pi Coin transaction(s) (such as Online trading where you need to use your PI APP USERNAME and PASSPHRASE) other than reliable PI APPS ECOSYSTEM. Your crucial monetary data & personal details can be at risk by using such apps or links.

There are several ways that you can find out the potential fraud. Your safety is just as much your responsibility as it is ours. It is your Duty to follow General Safety Guideline on Any Internet Platform or Outside the Internet i.e Physical World. Always be cautious and Aware of these safety guidelines in our sites and every sites you access.

So, Tips for you to Spot out a Fraud Buyer.

  • Asking for Advance Pi Transfer: The buyer demands you transfer the pi coin before they pay for it or provides fake payment proofs
  • Fake payment proofs: The buyer will ask for Transfer Pi Coin without verifying it & deceive by sending a fake payment receipt, emails or message etc.
  • Insist on non-cash methods: Typically, the buyer insists on using a cheque. Note cheques could get bounced and banks bear no responsibility
  • Seeking personal information: The Buyer asks for personal information like your ID, Pi User Name, your email address, your PI WALLET PASSPHRASE

Note: If you suspect a buyer to be fraud, please open their profile, write the username and send us Email here

Don’t respond his chat, simply BLOCK!

Do not mark your Listing Product as sold till payment is received from buyer.

  • Meeting face-to-face: Always insist on meeting with the buyer personally before you make any transaction. Use a safe or Open location to meet.
  • Chat Conversation: For a safer transaction, Try using Our in built chat option. Avoid Chatting in other channels like WhatsApp/Telegram/Messengers etc.
  • Avoid partial payments: Take the full payment decided mutually at the time of the Transferring your Pi Coin to the buyer.
  • Payment Method: Watch out for fake currency & payment link scams. Banks will not honor fake currency/money order and will hold you responsible for it.
  • Buyer’s Personal Information: Verify the buyer’s details ALWAYS before you take the order request such as photo ID and proof of address. 
  • Realistic Listing description: Ensure your Listed item meets Your ITEM DESCRIPTION Proper and accurate to avoid misunderstanding with the buyer.
  • Personal information: Don’t share any private details or financial information, You PI WALLET PASSPHRASE, PI USERNAME except the one necessary. We advise that sensitive information such as (IMEI no.) or (PCBA no.), should not be disclosed to any user.
  • Suspicious Chats: Be Careful with suspicious Chats. Be cautious of users using guile messages to trap you.They will try to persuade you to contact them outside Our Site Chat by sharing their phone numbers. If you ever find user sharing his phone number in different patterns, beware!

    They will mention the phone number in unusual combination such as alpha-numeric, containing unnecessary decimals, special characters and space between numbers.

Also Read FAQ here Before You Start

Don’t Foget to share this article to your friends and families to avoid any scam.

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