What is Illicit Trading and What are Some Examples?

Illicit Trading

Illicit trading refers to any actions that exploit the Gigs trading system for improper gains, such as financial benefits, rather than engaging in legitimate transactions. In order to ensure safe and fair trading practices, Gigs strictly prohibits illicit trading and takes measures such as usage restrictions and withholding settlements in cases where such activities are detected.

Examples of Illicit Trading

• Registering lectures solely for the purpose of utilizing Gigs' payment system without genuine intent to provide the service.
• Engaging in practices to convert payment methods, such as small-scale mobile payments or card payments, into cash.
• Illegitimate use of free benefits (such as Gigs Cash, coupons, or mileage) for unauthorized purposes.
• Inducing or promoting the fragmentation of payments for illicit purpose