TalkScams Team · Source-backed educational guide · Not a community report

A seller demands cryptocurrency for an ordinary purchase

A social-media merchant may insist that payment be sent only by cryptocurrency, gift card or wire transfer instead of a protected checkout. Those methods are much harder to reverse if the item never arrives.

Source: U.S. Federal Trade Commission · Original advisory date: 2025-11-25

This summary is not a firsthand report or an endorsement or partnership by the source.

Warning signs to recognize

  • The seller refuses credit cards or normal protected payment options.
  • The seller's identity and payment protections cannot be verified

How to check or protect yourself

  • Choose a payment method with buyer protection or leave the transaction.
  • Retain receipts and report suspicious merchants to the marketplace or FTC

Read the original U.S. Federal Trade Commission advisory

Permanent link to this guide

Find official reporting channels