Spot trading is only for those who are risk averse and want to invest for the long term. Futures is for those who want to win big and win fast. But you can also make money in futures by taking only long trades. #SpotVSFuturesStrategy
when you'r clicking sell you'r usdt's are blocked from binance! when you receive payment then you can release the usdt to him. what are you talking about web3 or whatever?
CoUrt-NeY
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Bullish
🚨 ALERT: NEW P2P SCAM SPOTTED 🚨
Stay alert — a new scam is making the rounds that could cost you your funds.
Scammers are offering to buy from you at inflated prices to lure you in. They then ask for a screenshot verifying your USDT — supposedly to confirm it's not fake, flashed, or flagged.
Next, they instruct you to transfer the USDT to a Web3 wallet. Once you do that and verify it, a redemption code is generated. When you send them a screenshot of that code, they quickly redeem the USDT into their own wallet — leaving you with nothing.
⚠️ Moral: Don't fall for high-price bait or share sensitive wallet info/screenshots. Stay vigilant and trade securely.
Understanding the types of scams that exist in the P2P crypto space is crucial for avoiding them. Scammers often employ tactics that can seem legitimate at first glance. Recognizing these scams can help you identify when something is amiss. Common scams include fake escrow services, phishing attempts, and sellers who claim to have completed a transaction when they have not. Being aware of these tactics will enhance your ability to protect yourself. Fake escrow services that promise security but disappear with your funds Phishing attempts through fake websites or communication channels Sellers who claim to have completed a transaction when they haven't Requests for payment outside of the trading platform to avoid scrutiny Impersonation of legitimate users to gain trust Best Practices for Safe P2P Trading
Implementing best practices can significantly reduce the risk of falling victim to scams. Always ensure that you are using a reputable platform with a good track record. Additionally, it’s important to conduct thorough research on the individual you are trading with. This includes checking their ratings, reviews, and previous transaction history. Establishing clear communication can also help build trust and clarify terms before proceeding with a trade. Taking these precautions will create a safer trading environment for both parties involved. Use reputable P2P platforms with strong security measures Verify the identity and reputation of your trading partner Communicate clearly and set expectations before trading Keep records of all transactions and communications Report suspicious behavior to the platform's support team. #P2PScamAwareness #P2PScam