Everyone’s making money from P2P on Binance, but in Iraq, it’s a different game. The Central Bank prohibits banks from dealing in crypto, and one wrong move could get your account blocked on suspicion of money laundering.
Want to make money without getting into trouble? Remember these 3 rules:
1. Don’t accept payments from strangers into your primary account.
Open a second account for small amounts only. Never use your salary account for P2P.
2. Large amount = big risk
A $1,000 transfer attracts attention. Work with $50–$200, and split it across multiple transactions.
3. Documentation is your profit
Take screenshots of every conversation and every receipt. If the bank asks, you’ll have proof that it’s cryptocurrency trading, not money laundering.
P2P isn’t forbidden or prohibited for individuals, but it’s a gray area. The smart ones earn quietly—not the ones who get their accounts shut down in a single day.
Do you work in P2P? Have you ever had a problem with a bank? Tell me in the comments.