#AvoidFromP2PScams #AvoidFromP2P šµš°š³ How to Prevent Bank Account Freezes in P2P Crypto Trading (Pakistan)
P2P (peer-to-peer) crypto trading is gaining popularity in Pakistan due to its convenience, but it also comes with a serious risk: your bank account could be frozen if banks detect suspicious activity or potential fraud.
Why Do Banks Freeze Accounts?
Banks might freeze your account if they notice:
⢠Incoming payments from suspicious or compromised accounts
⢠An unusually high number of transactions in a short period
⢠Crypto-related terms (e.g., āBTCā or āUSDTā) mentioned in payment notes
How to Stay Protected
If Youāre a Buyer:
⢠Use a separate bank account exclusively for P2P transactions
⢠Never mention crypto terms in payment notes
⢠Complete the sellerās verification steps quickly (e.g., CNIC or selfie)
⢠Be patient and allow time for the seller to fulfill the trade
If Youāre a Seller:
⢠Clearly outline your trade terms and ID requirements
⢠Always verify the buyerās identity to reduce scam risks
⢠Keep detailed records of payments and communication for each trade
What to Do If Your Account Is Frozen:
⢠Contact your bank immediately to understand the reason
⢠Gather all payment receipts and chat logs
⢠Consult a legal expert if necessary
Letās Make P2P Trading Safer
By following these guidelines and communicating clearly, we can create a safer environment for P2P crypto trading in Pakistan.
Disclaimer: This content is for informational purposes only and does not constitute financial or legal advice.
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