Playing it Safe: The Importance of a Trusted Middle Man in Peer to Peer Online Trading
Peer to peer online trading of collectible playing cards carries the risk of fraud, so many collectors turn to a trusted middle man to facilitate the transaction and provide added security. A trusted middle man can also provide convenience by handling all the logistics of the trade.
Peer-to-peer online trading of collectible playing cards has become increasingly popular in recent years, with collectors and enthusiasts using sites like eBay, Reddit, Discord and Facebook to buy and sell cards. While this method of trading allows for a wider pool of potential buyers and sellers, it also comes with its own set of risks.
One of the main risks of peer to peer online trading is the potential for fraud. Without a trusted middle man, collectors may be hesitant to send payment for a card without receiving the card in return. This can lead to scammers taking advantage of the situation and taking payment without sending the promised card.
In order to mitigate this risk, many collectors turn to a trusted middle man to facilitate the transaction. This can be a store that specializes in collectible cards, a trusted collector, or even a professional grading company. A trusted middle man can provide added security to the transaction by verifying the authenticity and condition of the card before payment is sent.
Another benefit of using a trusted middle man is the added convenience. Rather than trying to coordinate a transaction with a stranger across the country, a middle man can handle all the logistics of the trade. This can save time and potential headaches for both parties.
While peer to peer online trading of collectible playing cards can be a convenient way to buy and sell cards, it is important to consider the potential risks and the benefits of using a trusted middle man to facilitate the transaction. By taking these precautions, collectors can ensure a smooth and secure transaction.
At wundervault we provide a trusted middle man service for our members. All members can send 5 trading cards per month for digitization. Those cards are photographed and a unique NFT is created and displayed on our opensea collection. All NFTs represent the physical ownership of cards and can be sold or traded to a new owner online. New owners can redeem the card by purchasing the One-Time Card Retrieval or Sign Up to Become a Member and continue storing their cards in the wundervault. New to wundervault? For a limited time you can sign up and get a Free Pokemon Trading Card.