⚠️ Reminder: Using the Marketplace for Private Transfers is Risky

Over the past few days, I’ve seen multiple cases of users losing assets while trying to transfer them between accounts by listing them at very low prices (e.g. 20 PAX).

I just want to highlight something important:

The User Marketplace is public.
The moment you list an asset, anyone can buy it instantly.

Even if the transfer is coordinated between two people, there is:

  • No reservation system
  • No protection mechanism
  • No guarantee the intended person will get the asset

This means that listing an asset at a very low price is essentially exposing it to the entire market.

:warning: What can happen:

  • A third party buys the asset instantly
  • The original owner loses it permanently
  • Recovery is not guaranteed (and usually not possible)

I’m sharing this because I’ve already seen several people affected by this. I am just trying to prevent more cases.

Fly safe :airplane:

6 Likes