Card Freezing Prevention & Risk Management
We solemnly remind you to have knowledge and risk management skills related to digital currency operations before trading.
For the sake of your own transaction security, please carefully read the following five risk control points.
- Please make sure not to engage in private transactions with any users other than family and friends. (Buying or selling in private transactions will amplify the risk limit, see the article below for details.)
- Check the counterparty's real name information during transactions.
- When receiving payments, it is especially important to check the counterparty's bank account information to ensure that the funds in the counterparty's account are normal. （There is no clear definition, please search the local network or consult legal personnel.）
- Keep order records and transaction chat records.（Please note that the chat content of the trading group chat can only be viewed by both parties and cannot be accessed by the TIGA robot.）
- Reduce the frequency of fiat currency transactions.
To ensure the maximum preservation of one's assets in the event of a risk event, do the above points. Especially to avoid falling into vicious judicial cases such as illegal business, aiding trust, and concealment.
If there is a risk event such as card freezing in private transactions and it is necessary to cooperate with the judiciary to provide KYC and other relevant information of the trading party, TIGA has no obligation and refuses to process it.
Don't let small things lose big things。
As TIGA is a free trading platform, the above non mandatory recommendations cannot force your trading behavior. Please fulfill them voluntarily. We suggest that for risk sensitive users, please strictly adhere to the above suggestions to ensure maximum transaction security.
- TIGA makes no guarantees。
other:
Q. Why not trade privately?
Answer: Private transactions Whether it is buying or selling, the transaction risk will be infinitely magnified. The first is the direct risk of asset loss if the transfer is defrauded. Secondly, once the other party is involved in the case, since you have not fulfilled any transaction obligations, you will be in an extremely disadvantageous position in defending the case.
- The other party involved in the case after buying crypto currency may make himself jointly and severally liable. Especially in the case of multiple private transactions, it is very likely to be judged as an accomplice in the case. This may lead to situations such as account freezing, fines, being convicted as an accessory to the case, etc.
- The other party involved in the case after selling the digital currency will most likely make himself jointly and severally liable. Especially in the case of multiple private transactions, it is very likely to be judged as an accomplice in the case. This may lead to, for example, freezing of accounts under the name, deduction of funds, being judged as a credit card, concealment, etc.
- Please do not believe in anything that is 100% safe. In peer-to-peer transactions, no platform or individual can guarantee 100% security. TIGA makes no guarantees.
- Please do a good job in risk control and standardize transaction processes and behaviors. This will not only help you avoid being involved in a case with a high probability, but also put you in a favorable position when defending the case if you are involved in a case.