http://www.neopets.com/ntimes/index.phtml?section=editorial&issue=342Quote:
Okay, I understand that trading Neopets for items, NP, etc. is not okay. However, is trading a Neopet for another Neopet okay? I've seen a lot of people trying to trade Neopets and claiming it's okay, but you've never actually said that it's okay, have you? The thing they are showing as proof that it's okay is a question in the Pound FAQ that's about Neopet trading. ~888ninetales888
Yes, trading Neopets (even though we don't like the idea of players trading their Neopets) is tolerated, but only if it is a 1:1 swap. This means no "extras" sent before/during/after the swap that might include Neopoints, items, accounts, coding, art, or anything else that would be considered an illegal payment. If there is an agreement to trade Neopets and the process has already begun (one of the Neopets has already been sent) then the other person must fulfill their side of the bargain or return the Neopet. Running off with one after a trade has begun is considered scamming and will result in that player being frozen. It is unlikely you will get your Neopet back if this occurs, though, so use good judgment as to who you swap with!
I hope this answers your question