{"id":6903,"date":"2017-05-25T00:00:00","date_gmt":"2017-05-24T16:00:00","guid":{"rendered":"https:\/\/www.fraudlabspro.com\/resources2\/tutorials\/how-to-prevent-bitcoin-fraud\/"},"modified":"2026-05-26T18:31:24","modified_gmt":"2026-05-26T10:31:24","password":"","slug":"how-to-prevent-bitcoin-fraud","status":"publish","type":"docs","link":"https:\/\/www.fraudlabspro.com\/resources\/tutorials\/how-to-prevent-bitcoin-fraud\/","title":{"rendered":"How to prevent Bitcoin fraud"},"content":{"rendered":"<div class=\"portlet gren\">\n<div class=\"portlet-body\">\n<div>\n<p>Bitcoin (BTC) is an anonymous electronic payment that acts like cash. There is no chargeback or Bitcoin fraud in BTC transactions.<\/p>\n<p>However, there is a possibility that service providers such as web hosting suffered from abuse of services by customers using BTC as anonymous payment method. FraudLabs Pro can help you to screen out these high-risk customers.<\/p>\n<p>Below is the recommended rules to screen BTC customers using FraudLabs Pro.<\/p>\n<ol>\n<li>If <strong>Visitor IP<\/strong> is in <strong>Anonymous Proxy Record<\/strong>, then trigger manual review.<\/li>\n<li>If <strong>Visitor IP<\/strong> is in <strong>Blacklisted Record<\/strong>, then trigger manual review.<\/li>\n<li>If <strong>Device IP<\/strong> is in <strong>Blacklisted Record<\/strong>, then trigger manual review.<\/li>\n<li>If <strong>ISP Usage Type<\/strong> is <strong>Data Center\/Web Hosting\/Transit<\/strong> or <strong>Content Delivery Network<\/strong>, then trigger manual review.<\/li>\n<li>If <strong>Distance Between Visitor City &amp; Shipping City &gt; 100 miles<\/strong>, then trigger manual review.<\/li>\n<\/ol>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<h2 class=\"m-bottom-5\" style=\"text-align: center;\">Ready to start with FraudLabs Pro?<\/h2>\n<p class=\"m-bottom-5 is-size-20\" style=\"text-align: center;\">Get Micro plan for free, you can quickly explore and integrate with our fraud prevention solution in minutes.<\/p>\n<p style=\"text-align: center;\"><a class=\"maxbutton-1 maxbutton maxbutton-sign-up-micro\" target=\"_blank\" title=\"Sign Up Micro Plan and get 500 validation for FREE\" rel=\"noopener\" href=\"https:\/\/www.fraudlabspro.com\/checkout-micro#fraudlabspro-freesignup\"><span class='mb-text'>Sign Up Free<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) is an anonymous electronic payment that acts like cash. There is no chargeback or Bitcoin fraud in BTC [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_lmt_disableupdate":"","_lmt_disable":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"doc_category":[453,452],"doc_tag":[305,306,307,308,309,310,311,312,313,314],"class_list":["post-6903","docs","type-docs","status-publish","hentry","doc_category-fraud-prevention-and-guide","doc_category-payment-and-chargebacks","doc_tag-fraud-detection","doc_tag-fraud-prevention","doc_tag-fraudlabspro","doc_tag-iovation","doc_tag-maxmind","doc_tag-reduce-chargebacks","doc_tag-riskified","doc_tag-sift-science","doc_tag-signifyd","doc_tag-whmcs"],"year_month":"2026-07","word_count":163,"total_views":0,"reactions":{"happy":0,"normal":0,"sad":0},"author_info":{"name":"Chris","author_nicename":"chris","author_url":"https:\/\/www.fraudlabspro.com\/resources\/author\/chris\/"},"doc_category_info":[{"term_name":"Fraud Prevention &amp; Guide","term_url":"https:\/\/www.fraudlabspro.com\/resources\/categories\/fraud-prevention-and-guide\/"},{"term_name":"Payment &amp; Chargebacks","term_url":"https:\/\/www.fraudlabspro.com\/resources\/categories\/payment-and-chargebacks\/"}],"doc_tag_info":[{"term_name":"fraud detection","term_url":"https:\/\/www.fraudlabspro.com\/resources\/tutorials-tag\/fraud-detection\/"},{"term_name":"fraud prevention","term_url":"https:\/\/www.fraudlabspro.com\/resources\/tutorials-tag\/fraud-prevention\/"},{"term_name":"fraudlabspro","term_url":"https:\/\/www.fraudlabspro.com\/resources\/tutorials-tag\/fraudlabspro\/"},{"term_name":"iovation","term_url":"https:\/\/www.fraudlabspro.com\/resources\/tutorials-tag\/iovation\/"},{"term_name":"maxmind","term_url":"https:\/\/www.fraudlabspro.com\/resources\/tutorials-tag\/maxmind\/"},{"term_name":"reduce chargebacks","term_url":"https:\/\/www.fraudlabspro.com\/resources\/tutorials-tag\/reduce-chargebacks\/"},{"term_name":"riskified","term_url":"https:\/\/www.fraudlabspro.com\/resources\/tutorials-tag\/riskified\/"},{"term_name":"sift science","term_url":"https:\/\/www.fraudlabspro.com\/resources\/tutorials-tag\/sift-science\/"},{"term_name":"signifyd","term_url":"https:\/\/www.fraudlabspro.com\/resources\/tutorials-tag\/signifyd\/"},{"term_name":"whmcs","term_url":"https:\/\/www.fraudlabspro.com\/resources\/tutorials-tag\/whmcs\/"}],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How to prevent Bitcoin fraud -<\/title>\n<meta name=\"description\" content=\"Bitcoin fraud encompasses scams, and schemes aimed at exploiting users, or manipulating the cryptocurrency market for personal gain. 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