Use Online Auctions Safely
Online auctions create opportunities for youngsters
to build small businesses, but this also creates
opportunities for fraudsters.
Here are some tips for you:
Become familiar with the workings of the
auction website by reading their usage instructions.
Many auction websites use online payment
gateways like PayPal. If you are going to
trade with buyers and sellers in other countries,
you have to learn how to protect your account
user name and password.
Select good sellers and buyers by checking
their profiles and ratings carefully.
Beware of scams like phishing and fraud.
Be extra careful when you are trading with
counterparts in other countries. It will be
hard for the police to investigate in case
a problem arises.