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Merchant payment safety guide

Rules to accept crypto payments safely and avoid common scams.

Beginner 3 min readUpdated 5/27/2026
Risk warning. Crypto is volatile and trading involves risk, including the loss of your capital. Past performance does not guarantee future results. This content is educational and is not financial advice.

Do

  • Wait for confirmed status in your dashboard before releasing goods.
  • Check the amount matches exactly.
  • Train every staff member on these rules.
  • Keep your payment address and settlement details correct.

Don't

  • Don't accept screenshots as proof.
  • Don't rush because a customer is impatient.
  • Don't take payments outside Coinwaka and lose your records.
  • Don't promise customers a fixed exchange rate you can't honor.

When in doubt, wait. A confirmed payment can't be reversed; an unconfirmed one can.

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