Trading Secret: How to Avoid Common P2P Scams in Crypto (Part 2)

Scammers are becoming more sophisticated by the day, and they are in every sector of crypto, especially P2P trading. In the previous post, I shared some tips you need to follow to ensure a successful transaction.

Here are more tips that will help you in P2P trading, irrespective of the platform.

1. Payment Methods: Ensure that the platform you're using has secure payment methods. You must avoid using irreversible payment methods that can't be disputed. e.g., gift card. Be careful of some other payment channels, like PayPal, where merchants can cancel transactions and recall funds after several days.

2. Avoid External Links: Avoid clicking on external links provided by the counterparty. Scammers often send phishing links to steal your coins or personal data.