β‚ΏCryptoMarket ZA

Safety Tips

Your safety is our priority. Follow these guidelines when buying or selling on CryptoMarket ZA.

πŸ›‘οΈ General Safety

  • βœ“Meet in public places for in-person transactions. Choose well-lit, busy locations like shopping centres or police stations.
  • βœ“Bring someone with you when meeting a buyer or seller for the first time.
  • βœ“Trust your instincts. If a deal seems too good to be true, it probably is.
  • βœ“Report suspicious listings immediately using the report button on any listing.

β‚Ώ Cryptocurrency Safety

  • !Crypto transactions are irreversible. Once sent, cryptocurrency cannot be refunded or reversed. There is no chargeback.
  • !Never send crypto before confirming receipt of goods. For in-person trades, inspect the item first. For shipped goods, wait until delivery is confirmed.
  • βœ“Double-check wallet addresses before every transaction. Copy-paste carefully and verify the first and last characters.
  • βœ“Never share your private keys or seed phrases with anyone β€” not buyers, sellers, or even platform support.
  • βœ“Verify payment on-chain before handing over goods. Wait for sufficient network confirmations (e.g. 1 for Bitcoin, 12 for Ethereum).
  • βœ“Be aware of clipboard malware that replaces copied wallet addresses. Always verify the address after pasting.

⚠️ Common Scam Warning Signs

  • 🚩Seller asks you to pay before meeting or seeing the item.
  • 🚩Price is significantly below market value with no reasonable explanation.
  • 🚩Seller pressures you to transact quickly or creates artificial urgency.
  • 🚩Communication moves off-platform immediately (WhatsApp, Telegram) before any trust is built.
  • 🚩Seller asks for payment to a different wallet address than what's on their profile.
  • 🚩Claims of "escrow" or "payment protection" that isn't provided by CryptoMarket ZA.

πŸ“¦ Tips for Sellers

  • βœ“Confirm crypto payment on-chain before handing over goods. Don't rely on screenshots β€” verify the actual blockchain transaction.
  • βœ“Wait for sufficient confirmations. Zero-confirmation transactions can be reversed (double-spend).
  • βœ“Use a fresh wallet address for each transaction for better privacy.
  • βœ“Be aware of network fees. The buyer should account for blockchain transaction fees on top of the item price.

πŸ›’ Tips for Buyers

  • βœ“Inspect items in person before sending any payment, especially for high-value goods.
  • βœ“Check the seller's profile. Look for verified email, account age, and other listings.
  • βœ“Agree on the exact crypto amount before transacting. Prices fluctuate β€” confirm the amount in both ZAR and crypto.
  • βœ“Keep records of all communications and transaction hashes for your protection.

If you encounter suspicious activity or have been scammed, report it immediately.

Contact us: safety@cryptomarket.co.za

You can also report fraud to the South African Police Service (SAPS) or the Financial Intelligence Centre (FIC).