New Steam “Trade Hold” Will Help Protect against Compromised Accounts

Valve has announced that in order to protect compromised accounts against scammers, they have introduced a new “trade hold” period.

In a post on Steam, Valve explained this will be a “period of time where the items traded are held by Steam before they are delivered.” The trade holds will aim to give owners of compromised accounts enough time to stop their items from being traded.

Valve will automatically give accounts “trade holds” protection if an account user is trading items while their account hasn’t been protected by a mobile authenticator for 7 days. While “trade holds” is active, any item traded will be held by Steam for up to three days. Also, if a trade is cancelled, that account will get a trading cooldown which will “prevent any further unauthorized attempts to trade away items.” The “trade holds” protection can be taken off the account at any time by using a Mobile Authenticator.

So what do you think of the news that Valve has introduced a Steam “trade hold” period? Let us know in the comments below.

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