A member of Namepros posted about a domain deal gone wrong with another Namepros member.
It is another example of two domaining rules, 1) when the deal looks to good to be true, it’s probably not going to work out.
2) Always use an escrow company.
The name in question is Kina.com for $1,250, that’s too good of a price, a CVCV like that for $1,250 from another domain trader smells bad.
To add to the mix, Bitcoin was used so no remedy for a chargeback.
Here is the initial post:
Learnt a hard lesson today.Never deal without Escrow even if you have done trading with the same person before.
The issue is Regarding the domain KINA.com
Yesterday I got A PM from @Megist regarding the domain Kina.com whcih he wanted to sale it for $1250 and payment via BTC only.I replied back saying I am willing to buy so pass on the BTC address.I didn’t got any reply from him,all of a sudden in the morning I was checking my mail and I saw the mail regarding Kina.com,he said he wanted to sell it off so lets proceed with the process.
Since his account got restricted in NP so I asked him these questions.
Note: “This deal did not take place on NamePros”. This person’s account was restricted already which is why the deal took place over email.