Quote from: hashrateproducts on August 18, 2022, 03:29:43 AM

Quote from: GreatArkansas on August 16, 2022, 11:07:47 PM

There are still lot of possibilities that even how those sellers in Binance or other platforms are legit or well verified, risks still there, so that's why I am very careful to do transactions there, like double verify first the seller, check profile ,check feedbacks of past customers, and another thing is dividing my orders or splitting them into small amount with multiple transactions just to be safe.

P2P trading is becoming more risky as scammers are desperately seeking new strategy to defraud buyers online. I have experience it countless number of times and I'm lucky to always get him caught and report to Binance with immediate effect. Perhaps I prefer buying from Binance verified Merchants which have the standard price of the stable coin one wants to buy. If P2P is risky as it is, then switch to offline, buying from your personal vendor, that's even clear because you're seeing him face to face unlike the P2P online.

P2P face to face does impose risk too but it does have some Pro's too but if we do talk millions of amounts then it wont really be that safety speaking with this amount which does impose high security risk.

P2P in binance could really be safe if you are just that obliging yourself on checking every details and sticking out with the basics which better to stick into those reputable sellers or buyers or simply

does have lots of positive feedbacks because you would really be saving up yourself on being scammed compared into those who doesnt really watch feedbacks and reputation info.