P2P trading is flexible, but requires vigilance. **Gemini** has prepared a guide on how to avoid scammers, depending on whether you are buying or selling crypto.

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### **If you are BUYING cryptocurrency on P2P:**

Your goal is to receive crypto after payment. Fraudulent sellers aim to take the money and not release the assets.

**1. "Special" Payment Conditions:**

* **Trigger:** The seller asks to pay in another way or to a different account/name than specified in the order.

* **Gemini's Explanation:** Never deviate from the platform's instructions. Pay **exactly according to the details in the order** and **the exact amount**.

**2. Pressure to Cancel the Order:**

* **Trigger:** The seller pressures you to cancel the order after payment.

* **Gemini's Explanation:** Never cancel the order after sending money. If you have paid and the crypto is not released, **immediately open a dispute**, providing proof of payment.

**3. Phishing Links and "Support":**

* **Trigger:** The seller or "support service" (outside the official chat) sends a link for "payment confirmation" or "wallet verification."

* **Gemini's Explanation:** This is phishing. Never click on such links. Always check the URL. Communicate only on the official P2P platform.

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### **If you are SELLING cryptocurrency on P2P:**

Your goal is to receive money that will not be recalled. Fraudulent buyers aim to get crypto without payment.

**1. Fake Confirmation Scam:**

* **Trigger:** The buyer sends a fake payment confirmation (screenshot, fake SMS).

* **Gemini's Explanation:** **Always verify the fact of funds being credited** directly to your bank account. Do not trust screenshots or SMS from the buyer.

**2. Chargeback Scam:**

* **Trigger:** The buyer pays, you release the crypto, and then the payment is canceled (chargeback, transfer cancellation).

* **Gemini's Explanation:** Avoid payment methods that are easily recalled. Wait for **final confirmation** of funds received before clicking "Crypto released."

**3. Overpayment Scam:**

* **Trigger:** The buyer sends an amount greater than agreed and asks to "return the difference."

* **Gemini's Explanation:** Never send back the "overage." This is part of a scheme where the original payment is fake or will be recalled. If you received more, **do not release the crypto** and contact support.

**4. Use of Third Parties / "Drops":**

* **Trigger:** Funds come from a name that does not match the name on the P2P platform.

* **Gemini's Explanation:** **Always require that the payment comes from an account whose name matches the name on the P2P platform.** If the name does not match – do not release the crypto and open a dispute.

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**General P2P Security Rules from Gemini:**

* **Communicate only in the official chat of the P2P platform.**

* **Never share your personal data** (passwords, seed phrases, 2FA codes).

* **Check the counterparty's reputation:** Always look at the percentage of successful transactions (preferably 95-100%), the number of completed orders, and read reviews from other users. Reliable traders have a clear history.

* **Don't rush!** Better to check than to lose funds.

* **Use the "open dispute" feature**, if in doubt.

Remember that your activity helps build trust on the platform. If the transaction was successful, please **leave positive feedback and a rating** for your counterparty. This creates a safe environment for everyone!

Remember: your vigilance is your best defense in the world of P2P trading! We are constantly working to provide you with the most relevant and useful information. In the comments below, you can write what topics in the crypto world interest you the most!

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