Recognizing and Avoiding Scams

    Protecting yourself from scams is crucial in the world of cryptocurrency trading. At NonCustodial.io, we are dedicated to ensuring your safety and security. Here's how you can recognize and avoid potential scams:

Verified Traders:

• Trade with Verified Users: Prioritize trading with verified users who have established a positive reputation on the platform.
• Check Seller/Buyer Ratings: Evaluate the seller or buyer's rating and trading history to gauge their credibility.

Secure Communication:

• Use Secure Chat: Communicate through our secure chat feature to discuss trade details without exposing sensitive information.
• Avoid External Links: Refrain from clicking on links shared within chat messages to prevent potential phishing attempts.

Payment Verification:

• Confirm Payment: Always verify that payment has been made before releasing cryptocurrency to the trade partner.
• Beware of Fake Payment Receipts: Be cautious of manipulated payment receipts that falsely claim payment has been completed.

Trade Terms Clarification:

• Read and Clarify Terms: Review and clarify trade terms with your trade partner to avoid misunderstandings.
• Avoid Immediate Release: Do not release cryptocurrency immediately after receiving a trade request—ensure all terms are met.

Offline Transactions:

• Avoid Cash Transactions: Refrain from in-person cash transactions to mitigate the risk of fraud or theft.
• Use Secure Payment Methods: Opt for secure online payment methods to reduce the risk of fraudulent cash transactions.

Stay Informed:

• Educate Yourself: Familiarize yourself with common scams and stay informed about new tactics scammers may use.
• Trust Your Instincts: If something seems too good to be true, exercise caution and thoroughly investigate before proceeding.

Please Note:

• NonCustodial.io takes security seriously and provides tools to help you trade safely.
• It's essential to be vigilant, conduct due diligence, and prioritize secure trading practices.
• Report suspicious activity to our support team and stay proactive in protecting your assets.

    For comprehensive insights on recognizing and avoiding scams, explore our Knowledge Base. We're here to empower you with the knowledge you need for secure and successful trading on NonCustodial.io.