Safety guides for Noones traders
At Noones, we prioritize the security of your crypto assets. Recognized as an esteemed team of blockchain analysis experts trusted by leading banks and governments—we have been acknowledged as one of the safest exchanges globally.
To uphold your safety on our platform, we’ve compiled guidelines to assist you in navigating your crypto journey securely. Continue reading to discover how you can maintain a secure trading experience in the world of crypto.
Verification Status:
An efficient and reliable method to facilitate secure trading is by checking a user’s verification status. Noones offers various verification levels meticulously examined by our team. The higher the verification level a user attains, the more it signifies their commitment to honest and transparent trading.
When creating an offer, you can make it a prerequisite for your trading partner to be ID-verified or have their full name displayed. Always ensure that the person you’re trading with has the same ID as the one associated with the funds you’re transferring.
Requirements Before Trading:
In addition to verifying your trade partner’s ID, you can implement additional requirements when using Trade Lite. Although Trade Lite is designed for PayPal users, it’s beneficial to be aware of its features.
Trade Lite follows an automated trade flow without direct communication with your partner, enabling you to set mandatory requirements to verify the buyer’s identity. These may include:
- A selfie of your partner with their ID
- A receipt, payment, or transfer confirmation
Positive feedback
It’s important to review a user’s feedback before engaging in a trade. Users with a substantial amount of positive feedback generally indicate a positive trading experience. To delve deeper, assess a trader’s negative feedback score to understand potential concerns raised by others.
For more information on feedback and viewing another user’s score, refer to our Help Center page on Feedback and Reputation. Your safety in the crypto realm is our priority at Noones.
Trusted Users
It’s essential to note that relying on positive feedback alone isn’t the sole method to gauge someone’s trustworthiness. Individuals holding a status as a Noones Expert Trader, Power Trader or Peer, have undergone an additional layer of security checks provided by Noones. These distinguished users have achieved their status by successfully completing trades and adhering to Noone’s guidelines. Below are the distinctive badges that represent their standing:
These badges will be prominently displayed within the user’s profile. It’s important to note that users possessing the aforementioned badges will also feature the Verified icon next to their username whenever you browse through their offers in the marketplace.
Chat Etiquette:
Once you initiate a conversation with your trading partner, maintaining a professional and concise tone is crucial. Focus your discussion solely on trading matters to enhance efficiency. In case of any issues, do not cancel the trade but contact our Support Team, providing details about the incident and your trade partner. We’ll handle the situation from there.
Escrow System:
The escrow system, a third-party system, safeguards a seller’s BTC during a trade. It’s important to note that the platform doesn’t retain the BTC once it’s in escrow. Imagine escrow as a virtual lockbox where a trusted entity securely holds the BTC, releasing it only upon confirmation of payment. We strongly advise against moving off escrow, as trading on other platforms lacks the same level of security. On noones, any disputes can be resolved by our moderators, ensuring a fair outcome always.
Two-Factor Authentication (2FA)
Enhance your account security by enabling 2FA. It’s a robust verification method covering logins, transactions, send-outs, and withdrawals, offering a solid defense against unauthorized access. Additionally, set up security questions with answers known only to you.
Receipts:
While a paper receipt may not be mandatory, proof of purchase is essential. Retain evidence of the transaction type, tailored to your payment method. For instance, a quality photo of a gift card with its code & receipt, a digitally generated bank transfer receipt or a deposit slip from a bank provides strong proof. Keeping such documentation on hand is beneficial in case of disputes.
Disputes:
The Dispute button is your ally in challenging situations. Knowing when to file a dispute is key to safeguarding your funds and saving time. Familiarize yourself with safety guidelines to determine when moderator assistance is needed for seamless trading.
Your Safety Matters:
At Noones, your safety is very important to us. We strive to create a secure trading environment, and if issues arise, you can check system status or contact our Support Team for assistance. Taking these tips seriously ensures both your financial security and success as a trader.
Now let’s trade and let the Sats flow!.