Categories: CryptoNews

Bitcoin Scam Education – Shopping Services

Plenty of consumers are looking to spend Bitcoin on everyday purchases, although that is not always possible. Major online platforms such as Amazon do not deal with Bitcoin payments for the time being, although there are third-party shopping services which will help out with this process. Although there are legitimate services for this purpose, some of them might be a bit more suspicious than others.

Also read: Chinese Finance App WaCai Features Bitcoin

Third-party Shopping Services Are Not Always Legitimate

Surprisingly enough, there are not all that many third-party shopping services allowing users to spend

Bitcoin and buy whatever item they might be looking for. Services such as Purse.io are great for Amazon shopping, but not if you do not live in the United States, unfortunately. International platforms are a bit harder to come by these days.

One of the third-party shopping services a lot of people have taken a liking to is All4BTC, just because they work on a global scale. As long as the merchant can ship the item to your doorstep, All4BTC will make the purchase on your behalf and have it shipped to your door. There is a minor fee associated with this process, though, but it is acceptable for most people.

Now and then, a new third-party shopping service provider will pop up, although not all of these companies are necessarily legitimate. One bitcointalk topic in particular – about a company called

Related Post
BTCnPay – has been causing quite a stir among community members in recent weeks.

While it is refreshing to see these types of companies offer a free sample to prove their legitimacy to users, there is also a concern as to whether or not they can make good on those claims. Several people had responded to this offer, yet for some reason, one random member was picked, regardless of what time he posted at.

Moreover, some people are wondering whether or not the plan was to collect personal information on potential users – including name and address – as it seems unlikely the offer was genuinely open to all members. That being said, this may have just been a communication error, rather than genuine intent to mislead users.

Users need to be wary of these services at all times, though, as it is hard to distinguish between legitimate and fraudulent services until proper reviews start showing up. So far, BTCnPay has none of those, and Bitcoin enthusiasts should avoid spending a lot of money on this platform to error on the side of caution.

Source: Bitcointalk

Images credit 1,2

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Best Crypto Presale To Buy Now: Rollblock Delivers For Holders With New License, Record Sign Ups and 7000+ Games

Rollblock is quickly becoming the best crypto presale to buy, delivering unmatched value for its…

1 hour ago

Polkadot And Uniswap Gearing For Post-Christmas Jump As Rollblock Raises $7.4 Million in Presale

While Rollblock's continues its crypto presale, with its value increasing regularly, Polkadot (DOT) and Uniswap…

2 hours ago

IntelMarkets (INTL) Receives Massive Demand From Chainlink And SUI Investors Looking To Position For The Best Bull Run Gains

As the cryptocurrency market gears up for a bull run, IntelMarkets (INTL) is attracting significant…

2 hours ago

FOMO Selling Trigger $1 Billion Liquidations as LINK & SOL Bleed Heavily; What to Do Next?

In the past, Chainlink (LINK) and Solana (SOL) have been among the most discussed altcoins…

8 hours ago

Qubetics $7.4M Presale Revolutionises Blockchain as Bitcoin and Chainlink Drive Innovation: Best Cryptos to Buy for 2025

The crypto market is abuzz with excitement as 2025 approaches. While Bitcoin continues to dominate…

13 hours ago

Best Altcoins to Buy Today: Why Qubetics’ Presale Could Be the Best Investment Opportunity of 2024

The cryptocurrency market never sleeps, and every day feels like an adventure. From household names…

19 hours ago