🚨 TOP 7 Mistakes When Buying Crypto via P2P That Could Cost You ALL Your Money!
P2P is one of the most convenient ways to buy or sell cryptocurrency directly from another person. But it’s also where most traps await both beginners and even experienced traders. One wrong move — and your money is gone.
📉 To avoid that, remember these rules that can save your capital.
1️⃣ Don’t Use Shady Platforms
Stick to trusted services with escrow (e.g., Binance P2P). In Telegram groups or on random websites, your chances of being scammed skyrocket.
2️⃣ Check the Seller/Buyer’s Rating and Reviews
If you see complaints, bad comments, or suspiciously few completed trades — find someone else.
3️⃣ No “Off-Platform” Payments
If someone asks you to pay directly, they’re trying to bypass escrow protection. This is the fastest way to lose your funds.
4️⃣ Keep Proof of Everything
Save screenshots of chats and transactions — they’re your shield in case of a dispute.
5️⃣ Verify That Funds Have Arrived
Only confirm receipt when the money is actually in your account — not just when you get an SMS (those can be faked).
6️⃣ Split Large Transactions
Break big deals into smaller parts or involve a trusted escrow agent.
7️⃣ Avoid “Too Good to Be True” Rates
If the rate looks unrealistically good, it’s most likely a scam.
💡 Bottom line:
P2P is a great tool for buying and selling crypto — but only if you play by the rules. Your money loves caution.
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