Getting to Know User Profiles
EVALUATE YOUR TRADING PARTNER’S PROFILE:
It is essential to thoroughly assess your trading partner’s profile when engaging in a trade. This tutorial will equip you with valuable insights into key aspects of your partner’s profile, which will significantly increase the likelihood of a successful trade.
Image 1: (Reference for screenshots throughout this document)
Outlined below are the recommended best practices to follow:
1. REGISTERED COUNTRY:
This indicates the user’s profile’s registered country, as shown in this example, with the Chinese flag next to the username.
2. VERIFICATION STATUS:
Here, you can determine whether the user’s profile is ID and phone verified.
**Note**: It is recommended to trade with a user whose registered country (Section 1) and verification status (Section 2) align. This approach provides added security, reducing the chances of dealing with profiles potentially acquired through unauthorized means. Exercise caution if these two areas do not match, especially if the user’s phone, ID, and profile originate from three different countries.
3. LAST IP COUNTRY:
This displays the country from which the user last logged into the platform.
4. USER FEEDBACK:
The higher the feedback score, the safer the user. Always consider reviewing both positive and negative feedback to gain insights into the user’s trading history.
5. USER TRUST:
This figure represents how many users have trusted the current user. A higher trust number suggests a more reliable and secure trading partner, as trust is typically established after successful trades.
6. USER BLOCKS:
The number of times other users have blocked this user. A high block count indicates a history of high risk or poor trading experiences, making them a less desirable trade partner.
**Note**: If the “trusted by” and “blocked by” numbers are in close range, as seen in the example (trusted by 91 and blocked by 88), exercise caution when trading with this user. A reliable user should have a substantial gap between these numbers, such as “trusted by 91” and “blocked by 22.”
7. USERS BLOCKED BY THIS USER:
This reveals how many other users this profile has blocked. A significantly high number of blocked users should raise concerns about their trading behavior.
8. ACCOUNT AGE:
Indicates how long ago the user joined the platform. If a user with 200+ feedback joined just a week ago, it could be a warning sign. Approach with caution.
9. MODERATOR WARNINGS:
Users who receive moderator warnings for violating platform terms of service should be approached with caution. These warnings could be due to various reasons, such as trade manipulation, using used gift cards, coin locking, off-platform communication, or being on a watchlist for potential scams.
10. TRADE COUNT:
The number of successful trades this user has completed.
11. TRADING PARTNERS:
The total number of users this person has traded with.
12. TRADE VOLUME IN CRYPTOCURRENCY:
An indication of the user’s trading activity on the platform.
13. LAST 30 DAYS TRADES:
Users with a higher number of trades in the last 30 days are more active on the platform, likely providing a safer trading experience.
14. TRADE SUCCESS PERCENTAGE (LAST 30 DAYS):
A higher success percentage over the last 30 days reflects a more reliable trader.
15. LAST 30 DAYS TRADE VOLUME:
This figure indicates the user’s trading activity over the past month. Generally, trading with users who have a higher trade volume is recommended for a better experience.
16. PAYMENT TIME:
How many minutes it took the user to pay for the trade.
17. RELEASE TIME:
The number of minutes it took the user to release the trade.
18. USER FEEDBACK:
In the feedback section, always read and review at least three pages of feedback before engaging in a trade. The example feedback provided is a warning sign of a potential scammer who artificially inflates feedback and engages in fraudulent trades. Avoid trading with such users at all costs.
By following and understanding the user profile, you can enhance your trading experience and minimize the risk of disputes. In peer-to-peer trading, knowing your trading partner’s behavior is the first step towards a safer and more successful trading experience on NoOnes.