Reminder: Risk of Trading on TSF

[ChrisSilver]

Today a member messaged in regards to trading on TSF. Many TSF members have experienced very successful trades on the forum, with over 31,000 positive feedbacks left for members on the trading feedback page here: https://www.thesilverforum.com/feedback/ 

There is however some risk when trading on the forum, TSF is very open and transparent about this, and we believe it is important for members to be aware.  

And although this is also mentioned in the QuickStart Guide which links to this topic titled 'Please be careful when trading - some basic checks you should do', I would like to use this opportunity to put out this public reminder of the rules in regards to the risk of trading, and to remind members to do their due diligence when trading on TSF. 

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7.4. Risk of trading 

7.4.1. Neither the Administrator nor TSF can mediate any trades on the forum and it is between the buyers and sellers, or other parties to a trade to resolve any issues that they may have due to a trade. TSF is not a part of any trade that happens on TSF.


7.4.2. Members trade at their own risk. The Silver Forum does not vet any members/sellers on the forum and neither @ChrisSilver nor The Silver Forum are liable for any loss(es) that may result from trades.


7.4.3. There is a Dealer Directory on TSF for reference purposes only. None of the Dealers listed in this section or any Advertisers have been vetted. TSF and the Administrator therefore cannot be held responsible or liable for any loss(es) or damages that may arise with trading with any Dealers, Advertisers or Members either off of or on the forum. Please do your own due diligence first.


7.4.4. Members should do their own due diligence before trading. Any member may view another member’s trading feedback or information regarding how many posts a member has made and how long they have been a member on TSF for. Note that trading feedback has not been verified to be accurate or genuine by TSF. It is advisable to trade with long standing members with extensive trade feedback and forum posts. 


7.4.5. Members of TSF use the trade section at their own risk. Neither TSF nor the Administrator accept any liability for any loss(es) that may arise by members trading between each other. Neither TSF nor the Administrator can be held responsible for any loss(es) or damages that may arise from members sharing personal information such as name and/or address with each other and members do this at their own risk.

7.4.6. When you are given another member's shipping address in a message relating to a trade, the address is given to the seller / trader for the sole purpose of fulfilling the trade.

7.4.7. The address is not to be used by the seller for advertising or sending unsolicited letters. And the address must not be shared with any other party, other than is necessary to deliver the item. E.g. the courier / delivery company.

7.4.8. The only time where an address may be used for another purpose other than for fulfilling an order is when the express written consent is given in a private message. This message must not be deleted. 

7.4.9. Any misuse of someone’s address, or if the address is used for any other purpose without consent apart from the sole purpose of delivering the item and fulfilling the trade would be a breach of trust and confidentiality. And also the forum’s rules.7.4.10. Although we cannot mediate any trades members should report, by using the report feature, any suspicious trade activity. Or any disputes that they believe TSF should be aware of in order to reduce any potential trade issues in the future. This is particular important if you believe a member is selling prohibited items such as counterfeit items.

The above was taken from the forum's terms page on the date of posting and is correct on the date of posting. For the latest version of forum rules please refer to the Terms & Conditions page https://thesilverforum.com/guidelines/. 

We wish you many more successful and safe trades on TSF, thank you to all members who choose to BUY & SELL on TSF  

[ChrisSilver]

Bumping this as a reminder and also re-linking the topic below about some basic checks you can do to try to reduce risk: