safetytips

Regardless of whether you love or hate him, Vitalik is an icon. The father of $ETH these days is in the spotlight once again.
Vitalik Buterin said out loud what many think but rarely say.
✍️ His biggest fear is not regulation.

📈It is not a fall in prices.

👉🚨🪤 Rather, it is that crypto may become just speculation, with no real application.

Peer-to-Peer (P2P) trading is one of the easiest ways to buy and sell crypto in Pakistan. But unfortunately, scammers have also found ways to trick people. If you’re a Binance user or trade via EasyPaisa, JazzCash, or bank transfers, this article is a must-read for you.

Let’s break down the common scams happening in Pakistan and how you can protect yourself 👇
$BTC
🔴 Common P2P Scam Methods in Pakistan
1️⃣ Fake Payment Screenshot Scam
Scammers send a fake EasyPaisa/JazzCash/Bank screenshot to trick sellers. The seller thinks money is received, but actually, no transfer has happened.
2️⃣ Third-Party Fraudulent Payments
Instead of using their own account, scammers send money from a hacked account or stolen wallet. Later, when the real account owner complains, your account gets frozen.
3️⃣ Overpayment Scam
A scammer intentionally sends more money and asks for the extra amount back. Later, the original payment is reversed, and you lose your funds.
4️⃣ Bank Account Freezing Scam
If you unknowingly receive payment from a criminal’s account, your bank or FIA can freeze your account for investigation even if you’re innocent.
5️⃣ Fake Buyer/Seller Accounts
Fraudsters create accounts on EasyPaisa/JazzCash using fake CNICs or stolen IDs. When the real owner reports it, your money gets blocked.
✅ How to Stay Safe in P2P Trading
Always use Binance Escrow System
Never do deals outside Binance (like WhatsApp or direct transfers). Escrow protects you.
Trade with Verified Users Only
Look for traders with high completion rates and older accounts. Avoid new or suspiciously cheap offers.
Confirm Payments Yourself
Never trust screenshots. Always check your bank/EasyPaisa app directly before releasing crypto.
Reject Third-Party Payments
The payment must come from the same person you are trading with. Cancel if the name doesn’t match.
Keep Proof of Transactions
Save screenshots, chats, and receipts for your own safety in case of disputes.
Limit Large Trades
Avoid doing very high volumes in one day. Sudden activity increases the chance of account freezing.
Use Safer Payment Options
Where possible, stick to regulated bank transfers or stable payment partners.
💡 Final Thoughts
P2P is safe only if you follow the right practices. Scammers are smart, but you can be smarter by using Binance’s escrow, verified traders, and never relying on screenshots alone.
Stay alert, stay safe, and trade responsibly!
#BinanceP2P #ScamAlert #Pakistan #cryptotrading #SafetyTips

Cryptocurrencies are the talk of the town, offering promising investment opportunities and revolutionary technologies to change the way we handle money. However, this field is not without risks that may threaten investors’ money. In this article, we will review the most prominent risks of cryptocurrencies and how to stay safe when dealing with them.

Presales are one of the most exciting parts of the crypto space. They offer early access to tokens before they hit exchanges, often at discounted prices. But with high reward comes high risk and unfortunately, scams and rug pulls are all too common.
After following the market closely, here’s my personal 5-step checklist I use before putting even 1€ into a presale:

✅ 1. Team Transparency
Is the team public and verified?
If a project hides who’s behind it, that’s a red flag. Look for:
LinkedIn profilesKYC (Know Your Customer) verificationInterviews or AMAs with founders
A strong, open team shows confidence in the project’s legitimacy.

✅ 2. Smart Contract Audit
Has the project’s smart contract been audited by a trusted third party?
Even promising ideas can fall apart without secure code. Check if they’ve published an audit report from platforms like CertiK, SolidProof, or Hacken. No audit? I skip it.

✅ 3. Tokenomics & Vesting
How is the token supply distributed?
Watch out for:
Too many tokens going to the team or private investorsNo vesting periods (which can lead to dumping)Unrealistic promises (e.g., “10x guaranteed”)
Healthy tokenomics = long-term sustainability.

✅ 4. Community Activity
Is the community real or botted?
Join their Telegram, Discord, or Twitter and check:
Are people asking real questions?Does the team respond clearly?Is there meaningful conversation, or just hype and emojis?
A strong community shows real interest and trust.

✅ 5. Utility and Roadmap
What’s the actual use case of the token?
Presales with only “staking” or “buy now” as utility are often short-lived. Look for:
Real-world useClear roadmap with milestonesA working demo or MVP (minimum viable product)
Final Thoughts
Not every presale will be the next big thing. But with this checklist, you’ll avoid many of the obvious traps.
DYOR (Do Your Own Research) isn’t just a meme. It’s survival.
Would love to hear your thoughts. What do you look for before joining a presale?
Also, I’ll be sharing my thoughts on Solaxy, a new project I’m currently researching, in the coming days — stay tuned.
#presales #dyor #binance #SafetyTips #crypto