AdvCash question | Bitcointalksearch.org

magneto

hero member

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Quote from: potef9 on January 24, 2021, 04:57:31 PM

Hello! I got someone who want to buy Bitcoin from my using AdvCash. He is paying up to 50% more per 1btc and paying upfront to me. How can I get scammed on it? Can AdvCash refund funds to buyer? Or maybe he is going to use stolen CC?

Advcash is similar to perfectmoney in the sense that I've never heard of a chargeback case from them. All of their transactions are final, which is why a lot of people are willing to buy Advcash straight up with BTC.

But the 50% markup does seem a bit too good to be true. The guy could easily get +10% or less on spot just by using one of the exchangers listed on Bestchange.

Instinct tells me this is probably a scam, but perhaps not in the sense that he'll charge you back or use a stolen CC. He's more likely trying to do social engineering on Paxful support without actually sending you anything. I wouldn't risk it either way.

potef9

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Quote from: o_e_l_e_o on January 24, 2021, 05:21:56 PM

If it sounds too good to be true, then it probably is. Yes, you can be scammed.

Ask yourself why this user is willing to pay you 50% over the spot price? Even if AdvCash is the only payment method he can use, he could use it on a peer-to-peer exchange such as Bisq, LocalCryptos, or Hodl Hodl, and pay less than 1% over the spot price. Why would he pay 50% more for you?

Where did you come in to contact with this person? I'm going to guess it was on Telegram or some other site used predominantly by scammers which has no reputation system, and he wants to conduct the trade without using any escrow or trading platform. Tell him that you want to use a reputable escrow from this forum for the trade and when he comes up with some excuses about why he doesn't want to go ahead, you'll have your answer.

Thank you for answer!
He want to trade with paxfull. He did 14 trades on M-Pesa with KES currency (Kenya).

Also the question is - if he pay me, then I withdraw money from advcash and advcash do negative balance on my account. What is going to be next? If I use verified/unverified account advcash will try to catch me or scammer?

o_e_l_e_o

legendary

Activity: 2268

Merit: 18588

If it sounds too good to be true, then it probably is. Yes, you can be scammed.

Ask yourself why this user is willing to pay you 50% over the spot price? Even if AdvCash is the only payment method he can use, he could use it on a peer-to-peer exchange such as Bisq, LocalCryptos, or Hodl Hodl, and pay less than 1% over the spot price. Why would he pay 50% more for you?

Where did you come in to contact with this person? I'm going to guess it was on Telegram or some other site used predominantly by scammers which has no reputation system, and he wants to conduct the trade without using any escrow or trading platform. Tell him that you want to use a reputable escrow from this forum for the trade and when he comes up with some excuses about why he doesn't want to go ahead, you'll have your answer.

potef9

member

Activity: 61

Merit: 10

Hello! I got someone who want to buy Bitcoin from my using AdvCash. He is paying up to 50% more per 1btc and paying upfront to me. How can I get scammed on it? Can AdvCash refund funds to buyer? Or maybe he is going to use stolen CC?

Topic: AdvCash question (Read 49 times)