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IS CRYPTOCURRENCY TRADING THROUGH BULLXONET DIRECTORY SAFER AGAINST SCAMS AND CHARGEBACKS?

BullxoNet Directory merely provides a free of charge cryptocurrency classified ads service without direct involvement in any trading activities or escrow. Therefore, BullxoNet Directory, like any existing P2P trading system, cannot protect buyers/sellers against any scams or dishonest activities such as stop-payments, chargebacks, or cancellations of payment transfer, etc., after cryptocurrencies have been purchased and received, which cannot be reversed. The only thing BullxoNet can recommend for its users’ complete safety is to avoid any and all potentially reversible payment methods and to close transactions person-to-person by receiving cash vs. cryptocurrency, in a safe place such as a bank where on-duty security guards are available. In this process the cryptocurrency buyer places the correct purchasing cash amount on the table between the buyer and seller, then the seller transfers the selling cryptocurrency to the buyer’s wallet. When the cryptocurrency arrives in the buyer’s wallet, the seller takes the cash and the two parties shake hands for a happy ending

This traditional style of deal closing may seem outdated and somewhat ludicrous, but this is the most secure method compared to any other existing method in our actual and repeated hands-on experience. One might doubt the frequency of scams and dishonest acts but actual complaints in daily trading activities through all populated online p2p websites are surprisingly frequent. It is a rigid reality that there are many ways to reverse fiat payments through various establishments while there is none to reverse cryptocurrency payments due to its nature.

For our users’ safety, we strongly advise on closing deals locally and in person. Also, pay no fee by using all-free BullxoNet Directory Service. Donating to Bullxo.net, however, is totally up to each user after making a decent and absolutely safe crypto transaction.


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