Coin locking/coinlock is when a buyer uses the escrow to hold onto the seller's cryptocurrency without the intention to send payment and complete the trade. This is a common case of cryptocurrency fraud.
Articles in this section
- Anti-money Laundering (AML)
- Bitcoin (BTC)
- Bitcoin address types
- Block chain, blockchain
- Coin locking
- Confirmation
- Cryptocurrency
- Dashboard
- Dispute
- Escrow Fee