ADVICE REQUIRED please 🙂

[Cryptoking101]

Ok so ive got a trader and works with a brokerage company, he has my info to get into my blockchain n I guess passed it on to the brokerage. They logged in and put the money in my blockchain somehow. When look at the transactions and the btc address it says watch only. He tells me I need to send up to 1 btc🤔🤦‍♂️ into this account from another wallet so that the transactions/money they put in can be activated/ retrieve the private key( so he says🤔)
I didn?t n don?t plan on going forward with him

[Foxpup]

I have been advised that I need to make a payment to the sender in order to release my funds.

This is what's known as an advance-fee scam. You will not recieve any money; if you send money to this person, they will abscond with it instead of paying you what you are owed.

No legitimate payor will ever ask you for a fee in order to send you money. If any such fee is actually required, it can simply be deducted from the amount you are payed.

I have looked on the blockchain & can see the incoming btc.   Oh and also the tranactions say watch only

"Watch only" means it is not your wallet, and you are not able to spend money sent to it. Who gave you the link to see this transaction? If it was the scammer, it is likely an attempt to trick you into thinking you have received money (or are going to) when you have not (and will not).

[Harribel03]

Did you know who is the person you've transact or not? Or do you have any idea about that person? Because if not, then why would you pay back in order to receive btc? I guess, scammers are the only people who did that. Please do not send funds because probably it is a scam.

[albos]

I am afraid that you have been scammed 

[thepr0digy21]

The old Western Union scams are fully implementing themselves in the crypto world. I would cease communication with the other individual ASAP.

[Cryptoking101]

I have been advised that I need to make a payment to the sender in order to release my funds.

This is what's known as an advance-fee scam. You will not recieve any money; if you send money to this person, they will abscond with it instead of paying you what you are owed.

No legitimate payor will ever ask you for a fee in order to send you money. If any such fee is actually required, it can simply be deducted from the amount you are payed.

I have looked on the blockchain & can see the incoming btc.   Oh and also the tranactions say watch only

"Watch only" means it is not your wallet, and you are not able to spend money sent to it. Who gave you the link to see this transaction? If it was the scammer, it is likely an attempt to trick you into thinking you have received money (or are going to) when you have not (and will not).

No that’s what I actually see when I log in to my blockchain. He wants me to send money back into my blockchain from another wallet to activate that money. I didn’t send any money btw

[Potato Chips]

No that’s what I actually see when I log in to my blockchain. He wants me to send money back into my blockchain from another wallet to activate that money. I didn’t send any money btw

Spending from an address requires its corresponding private key so if the address is tagged as "watch-only" you can't spend from it as it means exactly as it sounds, you can only watch it. Are you sure you're the only one who has an access to this wallet? because watch-only address/es can't just be there by default, somebody has to add them first so they can show up. But they guy is indeed fishy I'm 99.9% sure that he's a scammer for the reasons already stated by foxpup.

Also, good job on asking here first before sending any cents

[DarcyDoge]

This does not sound legit at all and sounds an awful lot like a scam. Be wary!

[Cryptoking101]

No that’s what I actually see when I log in to my blockchain. He wants me to send money back into my blockchain from another wallet to activate that money. I didn’t send any money btw

Spending from an address requires its corresponding private key so if the address is tagged as "watch-only" you can't spend from it as it means exactly as it sounds, you can only watch it. Are you sure you're the only one who has an access to this wallet? because watch-only address/es can't just be there by default, somebody has to add them first so they can show up. But they guy is indeed fishy I'm 99.9% sure that he's a scammer for the reasons already stated by foxpup.

Also, good job on asking here first before sending any cents

Actually he or the company does have access to it. But I also have other wallet ids linked and other wallets I use and 2fa security on log in so I’m safe
So are you saying the sender has the private key and there’s no need to activate money to be spendableon blockchain
I’m actually considering confronting him about this hmmm lol

[DannyHamilton]

Actually he or the company does have access to it. But I also have other wallet ids linked and other wallets I use and 2fa security on log in so I’m safe
So are you saying the sender has the private key and there’s no need to activate money to be spendableon blockchain
I’m actually considering confronting him about this hmmm lol

Much of what you are saying isn't making sense. It is not clear how much of that is because you don't understand what you are trying to say, and how much of it is because the person you are transacting with is misleading you.

Lets start with some basics...

You have a blockchain.info wallet?

How did you get that wallet? Did you set it up yourself, or did someone else set it up for you?

Did the sender ask you to import anything into your blockchain.info wallet?  Such as a private key or a bitcoin address?

What is the transactionID of the transaction where you "see the incoming transaction"?

You said? "he or the company does have access to it" What does that mean? Does the sender have the password for your blockchain.info wallet? Does the sender of the bitcoins have a private key or address that they gave you to access the bitcoins?  What exactly does "he or the company" have access to?

It sounds likely that someone is attempting to scam you, but enough of what you are saying doesn't make sense that it is possible that you are simply misunderstanding (and mis-explaining) something.

[Cryptoking101]

Actually he or the company does have access to it. But I also have other wallet ids linked and other wallets I use and 2fa security on log in so I’m safe
So are you saying the sender has the private key and there’s no need to activate money to be spendableon blockchain
I’m actually considering confronting him about this hmmm lol

Much of what you are saying isn't making sense. It is not clear how much of that is because you don't understand what you are trying to say, and how much of it is because the person you are transacting with is misleading you.

Lets start with some basics...

You have a blockchain.info wallet?

How did you get that wallet? Did you set it up yourself, or did someone else set it up for you?

Did the sender ask you to import anything into your blockchain.info wallet?  Such as a private key or a bitcoin address?

What is the transactionID of the transaction where you "see the incoming transaction"?

You said? "he or the company does have access to it" What does that mean? Does the sender have the password for your blockchain.info wallet? Does the sender of the bitcoins have a private key or address that they gave you to access the bitcoins?  What exactly does "he or the company" have access to?

It sounds likely that someone is attempting to scam you, but enough of what you are saying doesn't make sense that it is possible that you are simply misunderstanding (and mis-explaining) something.

Ok so he's a trader and works with a brokerage company, he has my info to get into my blockchain n I guess passed it on to the brokerage. They logged in and put the money in my blockchain somehow. When look at the transactions and the btc address it says watch only. He tells me I need to send up to 1 btc🤔🤦‍♂️ into this account from another wallet so that the transactions/money they put in can be activated/ retrieve the private key( so he says🤔)
The address where it was sent from is 3EKc1EHHRVJrwBGFgvxd7ZJrKxjTHZZFhV

[HodorHodl]

Actually he or the company does have access to it. But I also have other wallet ids linked and other wallets I use and 2fa security on log in so I’m safe
So are you saying the sender has the private key and there’s no need to activate money to be spendableon blockchain
I’m actually considering confronting him about this hmmm lol

Much of what you are saying isn't making sense. It is not clear how much of that is because you don't understand what you are trying to say, and how much of it is because the person you are transacting with is misleading you.

Lets start with some basics...

You have a blockchain.info wallet?

How did you get that wallet? Did you set it up yourself, or did someone else set it up for you?

Did the sender ask you to import anything into your blockchain.info wallet?  Such as a private key or a bitcoin address?

What is the transactionID of the transaction where you "see the incoming transaction"?

You said? "he or the company does have access to it" What does that mean? Does the sender have the password for your blockchain.info wallet? Does the sender of the bitcoins have a private key or address that they gave you to access the bitcoins?  What exactly does "he or the company" have access to?

It sounds likely that someone is attempting to scam you, but enough of what you are saying doesn't make sense that it is possible that you are simply misunderstanding (and mis-explaining) something.

Ok so he's a trader and works with a brokerage company, he has my info to get into my blockchain n I guess passed it on to the brokerage. They logged in and put the money in my blockchain somehow. When look at the transactions and the btc address it says watch only. He tells me I need to send up to 1 btc🤔🤦‍♂️ into this account from another wallet so that the transactions/money they put in can be activated/ retrieve the private key( so he says🤔)
The address where it was sent from is 3EKc1EHHRVJrwBGFgvxd7ZJrKxjTHZZFhV

Username checks out.

OP, I hope you get helped, but you'll need to learn to rephrase.

[LtMotioN]

Hi man
Honestly, run for the hills. This all sounds extremely dodgy. I suspect you are new to bitcoin and this person misexplained some fundamentals to you. Please man don't get yourself scammed. There is no "log into my blockchain". In bitcoin you hold a private key and the person holding that is the owner of the account.

There is never any need in bitcoin for someone to hold your private keys, nor is there ever a need to put money in to "activate an account". I am 99.9999999% sure this person is scamming you.

The wallet you provided looks to belong to an exchange of sorts is my best guess. Go learn how to send bitcoin if you don't know yet etc and move all your BTC for any wallets they hold the  private key for.

Remember in bitcoin we own our own wealth, we don't sub-contract that to someone else because that defeats the purpose.

Hope you come right and don't lose money. If you have a lot of BTC get a hardware wallet, leave it on an exchange if you need to while you learn how to safely store ( an exchange is not a good idea long term)

[HabBear]

Actually he or the company does have access to it. But I also have other wallet ids linked and other wallets I use and 2fa security on log in so I’m safe
So are you saying the sender has the private key and there’s no need to activate money to be spendableon blockchain
I’m actually considering confronting him about this hmmm lol

Much of what you are saying isn't making sense. It is not clear how much of that is because you don't understand what you are trying to say, and how much of it is because the person you are transacting with is misleading you.

Lets start with some basics...

You have a blockchain.info wallet?

How did you get that wallet? Did you set it up yourself, or did someone else set it up for you?

Did the sender ask you to import anything into your blockchain.info wallet?  Such as a private key or a bitcoin address?

What is the transactionID of the transaction where you "see the incoming transaction"?

You said? "he or the company does have access to it" What does that mean? Does the sender have the password for your blockchain.info wallet? Does the sender of the bitcoins have a private key or address that they gave you to access the bitcoins?  What exactly does "he or the company" have access to?

It sounds likely that someone is attempting to scam you, but enough of what you are saying doesn't make sense that it is possible that you are simply misunderstanding (and mis-explaining) something.

Ok so he's a trader and works with a brokerage company, he has my info to get into my blockchain n I guess passed it on to the brokerage. They logged in and put the money in my blockchain somehow. When look at the transactions and the btc address it says watch only. He tells me I need to send up to 1 btc🤔🤦‍♂️ into this account from another wallet so that the transactions/money they put in can be activated/ retrieve the private key( so he says🤔)
The address where it was sent from is 3EKc1EHHRVJrwBGFgvxd7ZJrKxjTHZZFhV

I think we're all being trolled. What I've bolded above is the exact same text of the original post. See below...

Ok so ive got a trader and works with a brokerage company, he has my info to get into my blockchain n I guess passed it on to the brokerage. They logged in and put the money in my blockchain somehow. When look at the transactions and the btc address it says watch only. He tells me I need to send up to 1 btc🤔🤦‍♂️ into this account from another wallet so that the transactions/money they put in can be activated/ retrieve the private key( so he says🤔)
I didn?t n don?t plan on going forward with him

Also, this OP goes by the name "Cryptoking" but clearly doesn't know the first thing about Bitcoin? This person should know the difference between a wallet with blockchain.info and THE blockchain. He keeps referring to "his blockchain".

Finally, the OP never said he gave the trader any money...so what's the problem?

There is never any need in bitcoin for someone to hold your private keys, nor is there ever a need to put money in to "activate an account". I am 99.9999999% sure this person is scamming you.

Except for when the "someone" is a bitcoin exchange. Coinbase holds your private keys, technically, so this particular point doesn't indicate a scam.

That said, the OP doesn't know nearly enough about Bitcoin to get involved with anyone.