P2P Scams You May NEVER Have Heard Of – Until Now!
When it comes to cryptocurrency transactions between individuals (P2P), most traders are quite aware of classic scams: chargebacks, fake receipts, and stolen accounts. But there is a new trick spreading in the market that is so sophisticated that even experienced sellers are caught off guard.
The New Trap of Overpayment
Here’s how it works step by step:
1️⃣ Legitimate Start – The scammer initiates a normal transaction on the P2P platform and sends you the payment for the agreed amount.
2️⃣ “Accidental Overpayment” – Instead of paying the exact amount, they send a bit extra, usually only $3–$5.
3️⃣ Polite Request – They send you a message: “Oh, I overpaid! Can you refund me the extra amount?”
4️⃣ The Trap is Set – If you send back that small amount outside the platform, they will immediately report you for conducting an off-platform transaction. This can lead to your account being flagged, suspended, or banned, and here’s the worst part: they still keep your cryptocurrency.
Why This Scam Works
It feels harmless. Many sellers think they are just being polite or preserving their good reputation by refunding a small overpayment.
