P2

A P2P (Peer-to-Peer) Scam Alert typically warns users of fraudulent activities that occur in peer-to-peer crypto transactions, where individuals buy and sell directly with each other without intermediaries. Here are a few common P2P scams to watch out for:

1. Fake Payment Confirmation: Scammers might provide fake proof of payment for crypto transactions. Always verify the payment before releasing any funds.

2. Overpayment Scams: A scammer might "accidentally" overpay for your crypto and then request a refund, hoping you'll send back more than required.

3. Account Takeover: A scammer could try to manipulate your account by gaining unauthorized access. Make sure your account has strong, unique passwords and 2FA enabled.

4. Escrow Fraud: Ensure you're using a trusted platform with an escrow system that holds the crypto until both parties confirm the transaction is complete.

Tips to Protect Yourself:

Always verify payment receipts.

Use reputable platforms with strong buyer/seller protections.

Be cautious when dealing with unknown parties.

Never release funds until you're sure the payment is confirmed.

Stay vigilant to avoid falli
ng victim to these scams!
#p2 feroud
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