Why do some people FE before receiving product?

I mean, it sounds stupid. The point of it is so you inspect your product, and then transfer the funds to the seller. When your coins are in escrow, that means that it's a guaranteed safe transaction, but then when someone FE, it absolutely ruins that safety. I understand that perhaps some reputable vendors want new users to FE so they won't have to deal with a hassle, but really, other than that.

Thanks.


Comments


[6 Points] jadedsynk:

When your coins are in escrow, that means that it's a guaranteed safe transaction

Go tell that to anyone who had coins on a market that got hacked/raided/shutdown.


[5 Points] NotGCHQBro:

I got vendors I trust and have never let me down, I FE and have never had any problems. Main problem is people FE a newish vendor or known scammer who only has shill reviews


[3 Points] rollredsky:

How is it a guaranteed transaction lol there were plenty of people who's orders got canceled days later after coins dropped and lost a lot of money cause they didn't FE.

It's a double edged sword, but at times like these, if you've used a vendor a few times why would you screw him by escrow when btc fluctuates this much.

Not saying I'll FE to every vendor but ones I trust why not.


[2 Points] None:

[deleted]


[1 Points] IDBitch:

I direct buy.

I do it because the vendor is pretty chill. I get cheaper prices, almost always overweight and easy as fuck.

The amount of money I've saved will overcome any money he steals from me if he exit scams.


[1 Points] bigmacmicmac:

It's because you trust and respect your vendor enough to support them with early funds.

That's why I FE anyways.


[1 Points] None:

Because if you have a vendor you have worked with a bunch of times and they are actually stand up you may want them to not lose money because of you. Because if they do your next package may get "lost in the mail" or go out 2 weeks late.