Dynadot

question Do some people ask to purchase domains with crypto? Would you trust

Spaceship Spaceship
Watch

inspiredme

Established Member
Impact
40
would you trust someone asking to pay in a domain name through crypto??
 
0
•••
The views expressed on this page by users and staff are their own, not those of NamePros.
You look like to be in a classic scam scenario. Be careful if the person tries to get you to use some obscure (and obviously fake) crypto """"escrow""" site.

For context:

https://www.namepros.com/threads/beware-of-this-scam.1231429/
https://www.namepros.com/threads/bu...y-w-bitcoin-via-a-crypto-escrow-site.1232211/
https://www.namepros.com/threads/have-i-been-scammed-yes.1218553/
https://www.namepros.com/threads/bitcoin-escrow-scam.1201477/
https://www.namepros.com/threads/list-of-crypto-scam-websites.1209798/

Usually goes this way: Flippa (check) -> Telegram/Whatsapp (check) -> Some fake crypto escrow site
 
Last edited:
12
•••
Just because they wanted to pay in bitcoin doesn't make it a scam. DAN.com does accept bitcoin, but in most cases I don't believe it is an option until they submit verification docs (had this happen with a potential buyer myself). I thought it was an automatic option too but it wasn't until they asked for it, and I believe only once they are KYC'd will it open up as a payment option. Once you put more hurdles like that in the way (really more verifying for that than with fiat) then it delays deals and gives them a chance to second guess. Either way though, if they are legitimate and their interest is strong enough, all that shouldn't be a total deal breaker.
 
Last edited:
4
•••
Use a Simple Triange
1. Send Half The Money
2. Send the Domain
3. Send the rest of the money
4. Complete the transact and tip your third party trustee

I think that's what escrow means
1. Send half the money
2. Send the domain
3. Trust buyer sends the other half
4. The buyer doesn't send the other half, gets a 50% discount. No tip

No, escrow is different, to avoid those kind of bs situations. The escrow provider gets the "full" payment (not half), and only after confirming that, the domain will be sent. Once the buyer has successfully received the domain, the escrow provider then release the "full" payment to the other side
 
Last edited:
2
•••
Sure... I would take crypto. Get paid first, then send domain. lol.

or use a known marketplace like Epik or Dan. Epik is great with crypto.
 
2
•••
If it is via a trusted escrow/marketplace like Dan, I will trust. Otherwise there are high chances it is a scam.

Did the potential buyer asked for " a certificate" ? If yes, 99.999% it is a scam.
 
Last edited:
1
•••
If using a trusted 3rd party, yes. If its a "trust me bro" situation, then no
well i put the domain on dan and it supposedly has a bitcoin option when i fillout the form theres no bitcoin option. He said hes going to think about it now and look at other domains he might be interested in and get back to me
 
1
•••
You can also use epik.com which seems a better option than dan when using crypto payments.
 
1
•••
1. Send half the money
2. Send the domain
3. Trust buyer sends the other half
4. The buyer doesn't send the other half, gets a 50% discount. No tip

No, escrow is different, to avoid those kind of bs situations. The escrow provider gets the "full" payment (not half), and only after confirming that, the domain will be sent. Once the buyer has successfully received the domain, the escrow provider then release the "full" payment to the other side
Yeah I prefer to get the full payment unless someone genuinely is unable to pay all of it in full obviously I don’t mind to work something out with them.
 
1
•••
Yeah I prefer to get the full payment unless someone genuinely is unable to pay all of it in full obviously I don’t mind to work something out with them.
Payment plan / lease options are fine, a top provider will help with that. Never do any "blind trust"
 
Last edited:
1
•••
Payment plan / lease options are fine, a top provider will help with that. Never do any "blind trust"
Yes of course, I do think this dude is genuine though after speaking with him through telegram. He said if he doesn’t purchase a domain before March he will message me again
 
1
•••
1
•••
no he didnt askfor a certificate. I met him on the flippa site. i think he genuinely wants to buy it, but im not sure
Use an escrow service that allows crypto payments like dan.com and you will be fine
 
0
•••
yes, im going to tell him i will take it off flippa on dan, i usually use dan anayway, then he can select that option
Great, wish you the best
 
0
•••
If using a trusted 3rd party, yes. If its a "trust me bro" situation, then no
 
0
•••
You can also use epik.com which seems a better option than dan when using crypto payments.
thats helpful for next time thanks
 
0
•••
I would prefer it. Send it to me, when i receive it, you will get epp or push
Namesilo accepts bitcoin for payment.
 
0
•••
yes, im going to tell him i will take it off flippa on dan, i usually use dan anayway, then he can select that option

careful. if u tell him on flippa to go to dan..then they will take u off flippa
 
0
•••
You look like to be in a classic scam scenario. Be careful if the person tries to get you to use some obscure (and obviously fake) crypto """"escrow""" site.
 
Last edited:
0
•••
I would consider taking it under the right circumstances, but there are so many scams you have to navigate.

I would only consider using a third party escrow service or taking full payment upfront, anything else I would pass on.

Brad
 
0
•••
yeah i dont think hes a scammer, ive seen him on social media platforms and his profile on Linked in and his role in the company he works at, it matches to all his other profiles..
 
0
•••
If you use an escrow service, it doesn't matter what payment method you choose, it will be safe.
And if you don't, it will always be risky.
 
0
•••
I was wondering how many of us on here use crypto, I will pay and accept payment via coinbase as all verified accounts totally know who it is you are dealing with. (If that helps any)...
 
0
•••
Just because they wanted to pay in bitcoin doesn't make it a scam. DAN.com does accept bitcoin, but in most cases I don't believe it is an option until they submit verification docs (had this happen with a potential buyer myself). I thought it was an automatic option too but it wasn't until they asked for it, and I believe only once they are KYC'd will it open up as a payment option. Once you put more hurdles like that in the way (really more verifying for that than with fiat) then it delays deals and gives them a chance to second guess. Either way though, if they are legitimate and their interest is strong enough, all that shouldn't be a total deal breaker.

I disagree. KYC destroys crypto philosophy and a total deal breaker. KYC and crypto can not be combined in the same sentence as they are fundamentally enemy of each other.
 
0
•••
I was wondering how many of us on here use crypto, I will pay and accept payment via coinbase as all verified accounts totally know who it is you are dealing with. (If that helps any)...


I use only crypto. For me it's the safest payment method. Scam is more likely with Paypal and similar centralized payment methods in fiat. You must use bitcoin escrow if you don't trust the person who will receive or send crypto. Keep in mind that all trades involve risks and using crypto as a payment method you actually lower the risks, not raise. As crypto is newer than traditional payment methods people don't know about it enough. So fearing of the unknown is a normal human reaction. Once you start using crypto daily you will regret that you didn't start using it earlier.
 
0
•••
  • The sidebar remains visible by scrolling at a speed relative to the page’s height.
Back