How to Avoid P2P Scams in Crypto
P2P (peer-to-peer) crypto trading allows users to buy and sell cryptocurrencies directly, offering flexibility and better rates. However, it also carries scam risks.
Common scams include:
✔️ Fake escrow services,
✔️ Phishing websites,
✔️ Fake transaction confirmations,
and impersonators.
To stay safe, use
reputable platforms like #Binance
verify your trading partner’s identity, and communicate clearly.
💥Watch out for red flags like urgency, inconsistent communication, and untraceable payment methods.
Always use escrow and enable two-factor authentication.
Stay updated on crypto scams through forums and trusted sources. With caution and awareness, you can reduce risks and trade securely in the P2P crypto space