I have some virtual items that someone wants to buy. As an example, Dark Artistry sells for ~£300.
When trading with Steam you can exchange Steam money for items via their trade system. Alternately I can sell these on the Steam Market, again for Steam money. Steam money cannot be transferred for 'real' money.
Currently I would prefer 'real' money over Steam money, and so these services would be unusable for me.
I have a very untrusting view of people when it comes to money. And given my lack of knowledge when it comes to financial scams, and safe practices when selling goods. I'd like to stay safe when selling my items.
The buyer suggested PayPal, Venmo, eTransfer, Visa, etc. However I've heard you can cancel Visa transfers, but don't know the ins and outs of how or when you do this. Or if this is a common feature of these services.
Currently it seems like there is a possibility that:
- the buyer could send me money which I confirm.
- I then give them the items via Steam.
- They cancel the transfer.
- I can't cancel the Steam trade.
- I have no items and no money. :(
What precautions should I take when selling virtual items online?
Should I use a third party that provides a specific service, such as escrow?