Is it okay to trade on telegram?

[Morpexmorpex]

Most of the users have telegram here and they ask to trade there? Is this ok? Or it's more likely to get scammed when using outsource of the forum to trade?

in General, this method is considered fraud. I think it is better to trade only on well-known exchanges and tested through a lot of people. otherwise, you can lose your capital and burn out. think before you cooperate with someone

[1715396872]

1715396872

[1715396872]

1715396872

[1715396872]

1715396872

[Ispep]

How can you trade on the telegram? Only get the information and signal from some newbie attraction channel

Yeah,i think that's what the OP meant to say,it seems he or she has been messaged randomly by someone offering this or that form of direct trade between them,and this happens regularly on telegram,even to me, I tend to delete such messages immediately and most times I go ahead to report spam
I suggest the OP does the same, or if he or she feels they want to partake in the trade,its best they put into effect the safety measures that's been dished out on this thread from day one

[musepreseason]

Trading in telegram is not advisable, no one will give you 100% signals and have no profit of it.

[zeofarmin]

Telegram isn't good way to do trade sir, they are many people in there and you don't know where are they from, that profile and anything information about person in telegram.

[Noa_Amable]

Most of the users have telegram here and they ask to trade there? Is this ok? Or it's more likely to get scammed when using outsource of the forum to trade?

I agee with others that you can get scammed by individuals in telegram or even here.
the only adequate and secure way is to use an exchange platfrom. yes, you will have to pay some commission as spread or whatever but you will be sure that the transaction is secure.

[Fun_trader__]

It is a scam, stay away.

[Stedsm]

Most of the users have telegram here and they ask to trade there? Is this ok?

Depends on the level of security measures you both are going to adhere, and when the party asks you to go first and says a 'NO' when you ask to go for an escrow, it's likely going to be a scam. It's better if you do it through a medium of exchange rather than going for telegram, as the scammer will also have the option to "delete their account" immediately after they succeed in their intentions.

Or it's more likely to get scammed when using outsource of the forum to trade?

Not necessarily, but as said, you need to take extra care while dealing with people over telegram. It's better if you trade with the people you know personally (or at least know very well). If not, going for direct trades over telegram would be like striking a hammer on your head. One more thing, as you've discussed about telegram, I'd like to make you aware of a fact that people over there have created fake admin/exchange/celebrity/support accounts and you need to be very careful when you get any messages from them. Example of all these is given below:
- Admin of any exchange will never PM you first, if anyone comes to you claiming he's admin and could help you in your case, straight away "Report spam" as well as report them to the real admin you can find in the specific group you're dealing with, as well, block that person who tries to scare you by saying that your account will be blocked on the exchange and/or site you're referring your question to, and asks you in various ways to send ETH to them if you want your account/funds back. Never trust such people. The same way, any celebs or customer support will never PM you first, and won't ask you to pay anything in lieu of getting served by them.

Most of the users have telegram here and they ask to trade there? Is this ok? Or it's more likely to get scammed when using outsource of the forum to trade?

I agee with others that you can get scammed by individuals in telegram or even here.
the only adequate and secure way is to use an exchange platfrom. yes, you will have to pay some commission as spread or whatever but you will be sure that the transaction is secure.

OP can do secure trades over Telegram as well, as there are escrows here who can be a part of such deals. But the only thing you need to do is, PM escrows instead of asking them publicly here as most users try to create fake profiles with almost same username of escrow here too and try to scam people by watching such public messages and then replying the user who may become their possible victim. Escrows also charge a fee the way you mentioned for exchanges, and are a good way for deals over telegram, but yeah, I'm against direct deals there.

[balvin]

i think in telegram full of scammers

[royalfestus]

The question will be why trade on telegram when there are exchanges? most of those offer might look good but why would anyone want lose there fund to u when they can also get better offer on exchanges, there is no reason for that. I trust nobody on telegram, except you want to make your a victim of serial scam.

[Tissot21]

I would not use Telegram for trading in your place. It's hard for me to even imagine. It's good that someone described here the group of scammy cheaters who publish fake signals on Telegram. I use only a Telegram to read about the crypto and exchange opinions on the channels of traders' communities.

[balvin]

In my personal opinion its dangerous to trade on telegram.

[ntsdm1]

For all the time I was on the Internet, I only 1 time bought the goods through telegram.And this purchase was not too expensive it is firstly and secondly the person with whom I made the deal was recommended to me by my friend.My answer-you can only trade with confidence in the person with whom you want to make a deal.Trust is the key to success.In any other situation I would not recommend anyone to trade via telegram.

[Stanlo]

I haven't tried to trade of telegram for once ,I've only use wallets integrated into telegram like bitsum wallets. I'd say becareful telegram is a shark pool full of sxammers

[mundang]

Telegram is the home of scammers, dont ever make a trade on that app, if.you want trade your coins or tokens better to go in an exchange.

[flemmings02]

It is not safe unless you're very sure of what you doing or who you are trading with. It will be safer if you use an escrow service of very trusted person to facilitate the deal if you have to trade on telegram.

[efrenbilantok]

Most of the users have telegram here and they ask to trade there? Is this ok? Or it's more likely to get scammed when using outsource of the forum to trade?

Ofcourse, you can trade on telegram and in any platform you want.
The question is, "Is is safe to trade in telegram?".

All I can say is, it depends on the person you are transacting with.
Check if the account of the person you are transacting with is old and trusted. Otherwise, don't trade.
Be smart enough to determine a scammer from not. Sometimes you can search his username through the internet and you may get some information about him.

There are many scammers everywhere in any platform. Just be careful always.
As much as possible hire a trusted Escrow in every transaction you will do to avoid any problematic situations.

[hasgeryar]

Telegram is heaven for scammers . If you're new to crypto, a little greedy & dont know what to do it's possible to scam.

Some examples of today's scammer groups . They're using Binance,Okex,Bitmart vs names . Adding fake members showing real tx to scam people.

https://ibb.co/D9yVLC1

https://ibb.co/C6d27XV

https://ibb.co/hXB0GSR

[Hoganti]

I would not be so negative about the telegram, if you follow the simplest rules of security, then no scammers will get you.

[roptoshambrella]

I am a very experienced person about getting scammed through telegram. I got scammed 8 or 10 times around 5 ETH till now .
So you can see 5 tips from me just down below. so may be I can say each point is worth for me like 1 ETH price.

1-First of all if someone says that who founds you from forum, first try to verify his user from here. If there is an insist about not giving the nickname in here, just make a block this user on telegram, most probably scammer.
2-He/she may give his forum name and can say telegram name found in profile, please verify it again through a pm over forum. Don't trust telegram name verification. He/she may try to make a similar fake name like usin smal L (l) instead of I ,etc.
3-Escrow is also a protection but you should make your trade rules very clear. For instance buyer send first, checking period or some other clarifications can be very helpful.
4-If you haven't make this kind of trade before please try to learn how can be done from here. Like now you did with reading this message. For instance it can be a first time telegram trade or it can be a first time ERC721 token trade or something else you haven't trade before. There can be some special points .
5-This is the last one for this message but also it is not a certain thing but most of time it is true. If buyer/seller is writing so much thing in telegram like writing subjects about trust, just go away. That is actually the smell of a scam for me when someone writes about trust just before trade.

Hope these 5 point can be helpful for all not even newbies in forum also someone who haven't try something like that before.

[boyptc]

I would not be so negative about the telegram, if you follow the simplest rules of security, then no scammers will get you.

Just trade directly to legit exchanges so that no one will get scammed.

As mentioned above, telegram is place of most of the scammers unless it's an official telegram channel for the exchange that you use but it's more of a support channel not a place to trade. There's no security on it.