Some payment methods are considered as high-risk.
Bitcoin transactions are completely irreversible. Once you sell your Bitcoins it's not possible for you to recover them, even if the buyer’s payment is reversed. That's why we recommend you to only use low risk payment methods and to favor trades with experienced users with a large amount of previous trades and positive feedback.
For example if the bank transfer payment method is the lowest risk payment, we’d suggest you to use the bank transfer as a payment method.
Just starting out? Get some trading experience, with a brand new account. Keep in mind that for the security reasons mentioned above, it might be harder at first to find users to reply to your advertisements.
Start out by contacting other traders’ ads to buy and sell. This will help you to get your first feedbacks and trade completions. The more trades and feedback you have, the more trustworthy you become.
It's also a good idea to verify your account by completing both the SMS verification and ID verification. A verified account is more trustworthy for buyers and will help you to get more customers.
Before you start trading make sure you familiarize yourself with your local legislation, that you are in compliance with any relevant laws, and that you have the necessary business licenses for the jurisdiction you’re trading in. Legislation varies a lot from country to country.
Research the payment method you're going to offer. Read through other traders’ ads of the same payment method and make some trades with them. Try to identify possible problems before you start trading. Running a quick search on Google is always a good idea.
Only use payment accounts for Bitcoin trading. Some payment providers will temporarily or permanently close your account if you receive unauthorized payments that are related to fraud. Only using accounts for Bitcoin trading contributes to protect your personal finances.