Beware of transaction scams! 10 things to note when trading domain names

domain platform
23 Apr 2025 04:51:44 PM
Be careful of phishing transactions. If you receive an email from a customer saying that they want to buy your domain name for $30,000, but the prerequisite is to go to a certain website to do a domain name evaluation. The evaluation requir

Be careful of phishing transactions. If you receive an email from a customer saying that they want to buy your domain name for $30,000, but the prerequisite is to go to a certain website to do a domain name evaluation. The evaluation requires a fee of $300 first. When you evaluate it, they will disappear.

In recent years, domain name transactions have been popular, but it has also brought security risks such as domain name transfer scams. Some criminals use online trading channels to set up traps and deceive domain name investors. So how can we be careful to be alert to these scams?

Summarize the following points:

1. Don't trade privately with strangers. Even if they are friends, if you don't know where their home is, you should go through the platform.

2. Don't be greedy, don't be greedy, don't be greedy! It's important to say it three times. If someone quotes you a price of 100,000 with two digits, do you really think you have picked up a treasure?

3. Be sure to identify the platform. There are still many authoritative or old intermediary platforms in the domain name circle.

4. Understand the market price of each domain name. Don't lend money to others just because they give you two domain names as collateral. Maybe those two domain names can only be exchanged for two bottles of Qingdao.

5. Beware of all kinds of phishing emails and phishing websites, saying that your account is abnormal. After clicking in, you find that nothing is wrong, but the next day you find that the domain name has been transferred.

6. Be careful of phishing transactions. You receive an email from a customer saying that they want to buy your domain name for 30,000 US dollars, but the prerequisite is to go to a certain website to do a domain name evaluation. The evaluation requires a fee of 300 US dollars first. When you evaluate it, you disappear again.

7. Learn. A successful domain name investor must have extensive knowledge, because - "I" and "l" are different? Well, the front is a capital "i", and the back is a lowercase "L". For example, you buy a four-digit 1234.com and it ends up being I234.com... Although both domain names are good, there is still a little difference in the price of a straight and mixed domain name.

8. Preemptive registration. Now all the better domain names are taken. If someone tells you that you can register the domain name you want for a little money, then you are the policeman!

9. Change your password and verify your personal information in time. If you really register a domain name that you like and has potential, you must check whether the registration information of the domain name is correct after the domain name is registered, and change the account password in time, otherwise the domain name can be easily transferred by others, and you will not even be able to complain.

Finally, I would like to mention one more point, which is not related to the "scam", but it is also very important, that is - don't forget to renew the domain name after registration. The domain name is charged annually, not a one-time transaction. The case of domain names being deleted after forgetting to renew is so heartbreaking!

Disclaimers:

Domaincn.com Committed to providing fair and transparent reports. This article aims to provide accurate and timely information, but should not be construed as financial or investment advice. Due to the rapidly changing market conditions, we recommend that you verify the information yourself and consult a professional before making any decisions based on this information.