Peer to peer trade is risky and something you have to note for your trades.
- Scammers tend to create offers that are too good to be true. Who don't want to have as much profit as possible? But please remember that "too good to be true" offers are likely from scammers and very new accounts.
- You must be double or tripple careful when you consider a trade with new account
- Don't release your crypto before you receive payment transaction from your trade partner. Crypto transaction is irreversible, so if you release your coin, you lose it
- To avoid scammers who do money laundering, avoid trade partners who only or mostly have trades in bank transfers, credit cards. Only buy, not sell or mostly buy and very little sell.
This is true. You have got to be careful and the advice is to never release the escrow until you have received the payment in full. That's why I like using Cryptolocally for p2p. the escrow part is a smart contract and automatically recognises when it's been transferred. Then you pay and boom, they release the escrow. any disputes are handled well by the team from what I have seen in Telegram.