🔹 What is a Chain Dispute?
1️⃣ Definition.
When there is a disagreement about payment or crypto release at any stage between the buyer and seller, it is called a Chain Dispute.
2️⃣ Examples.
The buyer says: "I have sent the money" but the seller refuses to believe it.
The seller says: "I have released the crypto" but the buyer claims they received nothing.
3️⃣ Conclusion.
In such cases, the matter goes to Dispute Resolution (dispute resolution platform/exchange) for a decision.
4️⃣ Scammers' method.
Fraudsters often use Chain Dispute as a weapon to:
Waste time.
Disturb others.
Can show false evidence to seize crypto.
Golden rules to avoid Chain Dispute:
1️⃣ Choose a Trusted Platform.
Always trade on a large and secure P2P platform. Smaller or unknown platforms have more scammers.
2️⃣ Deal with Verified Traders.
Only select buyers/sellers with good reviews and a record of many trades.
3️⃣ Keep proof.
Save a screenshot of every transaction, bank receipt, or transaction ID to present as evidence in a dispute.
4️⃣ Do not rush.
Only release crypto after complete confirmation of funds. Do not rely on SMS or notifications, always check directly with your bank account.
5️⃣ Follow the platform's rules.
Always communicate within the platform's chat box. Avoid dealing via personal numbers or WhatsApp as they are not accepted as proof in disputes.
6️⃣ Stay calm in a dispute.
If a Chain Dispute opens, do not panic. Just gather your evidence and provide it to the platform team.
7️⃣ Report Scammers.
If someone attempts to commit fraud, report immediately to keep the rest of the community safe.
