In P2P (Peer-to-Peer) trading, one of the most common tricks used by scammers is "Proof of Payment Scams". This type of scam usually goes like this: the scammer pretends to have transferred money by sending you fake "proof of payment" documents, such as screenshots of bank transactions, fake transfer receipts, etc.
Then, they will continuously pressure you to quickly confirm that you have received the money and release the crypto to them, even though you have not actually received the money. If you do not check carefully and hastily trust that fake evidence, you will easily lose the crypto you are holding.
How to Avoid "Proof of Payment" Scams?
To protect yourself when trading P2P, you should strictly follow these principles:
1. Don't Be Pressured to Release Crypto
Never release crypto just because the other party asks, no matter how much pressure, pressure, or excuse they give.
Only release crypto when you have confirmed for yourself that the funds have actually entered your bank account or e-wallet.
2. Double-check the documents the other party sends
Do not completely trust screenshots or receipts sent by the buyer.
Forged documents often have unusual signs such as: spelling mistakes, misaligned letters, messy fonts, incorrect dates and times, or small details that do not match.
Take the time to carefully check each detail.
3. Log In Directly to Your Bank Account or E-Wallet
Always log in directly to your bank account or e-wallet to check your balance and transaction history.
Confirm that you have actually received the agreed amount from the correct buyer's account.
4. Never Release Crypto Without Verification
If you cannot access your bank account or e-wallet to check the transaction (for example, the bank is under system maintenance, network error, etc.), suspend the transaction and do not release the crypto, no matter how much the other party urges you.
If necessary, contact Customer Support immediately for assistance.
What to Do When You Suspect the Other Party is a Scammer?
Do not continue the transaction.
Collect evidence (screenshots of messages, transaction information, related documents).
Immediately report to the P2P platform you are using or contact the support department for handling.
By following these principles, you will significantly reduce the risk of becoming a victim of scams in P2P transactions. Always put safety first and be determined to protect your assets.