The following risk warnings have been compiled to make you aware of the risks and scams in the Cryptocurrency Community. While Bitcoin Babe takes every measure to warn you of the risks and scams involved with buying or selling Cryptocurrency, Bitcoin Babe cannot force or compel you to adhere to the warnings below.
By acknowledging these warnings (either via the payment processor, or by taking a photo next to this screen), should you continue to engage in any high risk behaviour (including anything not listed here), then you accept 100% liability for your transactions, and understand that Bitcoin Babe PTY LTD is not liable for any losses stemming from your ignorance or negligence in this matter.
If you are concerned about anything below, or require further clarification please email firstname.lastname@example.org immediately.
Bitcoin Babe impersonators and fake affiliates.
Do not buy or sell any cryptocurrency if you have been engaged by someone via an alternative contact method claiming to be “Bitcoin Babe” or an associate of “Bitcoin Babe”. You can always verify if you are dealing with the real “Bitcoin Babe” by using the contact page. Bitcoin Babe PTY LTD does not have any “promotions” or “deals” with other 3rd party persons or services, unless otherwise specified on our website or social media pages.
Do not buy or sell any cryptocurrency if you are being compelled or coerced to do so. This may include but is not limited to; Being asked/forced to purchase bitcoin to clear a debt, pay a ransom, pay for government (domestic or international) fees and charges (such as taxes, immigration, or VISA requirements), or any other scenario where you feel pressured or uncomfortable.
Do not buy or sell any cryptocurrency if you have been contacted by, or made contact with, a company or service that has hired you to buy/sell cryptocurrencies on their behalf in exchange for a commission, fee or wage. Funds sent to you via these schemes have been fraudulently obtained and will result money laundering investigations.
Engaging a person or service on your behalf
Do not buy or sell any cryptocurrency if you have engaged a person or service, you have met online, and who has asked you to share your credentials with them such as passwords to your email, cryptocurrency wallet, telephone account, internet banking, government account etc. Sharing any private information or passwords with an unverifiable source you have met online can result in funds and your identity being stolen.
Finalize Early requirements
Do not buy or sell any cryptocurrency if you are engaging in a service that is asking you to finalize your order (sometimes marked as “FE”), prior to receiving your goods or services, unless it is from a reputable and trustworthy source. By sending your Crypto early, the vendor may choose not to honour your deal, and not give you the option for a refund.
Do not buy or sell any cryptocurrency if you have the intention to send it to a service that may identify as a “trading pool”, “cloud mining”, “binary trading” etc. as these services are usually Ponzi Schemes or scams. Any service that guarantees an exorbitant return, or requires a large lump sum, and displays little to no business information should be a red flag. Anyone contacting you on behalf of one of these services in the capacity of a “trader” or “account manager” etc. Should be blocked immediately.
Do not buy or sell any cryptocurrency if you have been asked to do so to establish a personal or business Loan, such as loan establishment fee, bank fees, brokerage fees etc. The Loan does not exist.
Do not buy or sell any cryptocurrency if you do not understand that the price of Cryptocurrencies can change rapidly, which can result in a decrease in value from when you initially purchased it. Bitcoin Babe PTY LTD is not responsible, nor can we control the price of a cryptocurrency, thus you have no recourse with us to receive any compensation for that.
Romance and Relationships
Do not buy or sell any cryptocurrency if you have recently been asked to do so by a person you have recently met online, and do not know in person. This can include people you are engaging with on a friendship or relationship level. This is known as “catfishing” or “Romance Scams” and the person you are talking to does not exist. They are using you to receive free money.
Do not buy or sell any cryptocurrency if you have the intention to send it to an unverifiable Token or ICO offering, as these are commonly associated with scams.
If you are concerned about anything above, or require further clarification please email email@example.com immediately.