Quote from: Upgrade00 on September 21, 2023, 09:38:00 AM

Quote from: stompix on September 21, 2023, 09:02:11 AM

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No, that's not how it happens! The moment you initiate the trade the money gets locked on that platform, and you're not opening trade on any of those without depositing money, which means they have left your control!

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Now the escrow address is a 2-of-2 multi sig, from the 2-of-3 is used to be, and the only parties involved in it now are the traders. Technically the funds still remain in your custody until the end of the trade and the platform has no access to it.

No! The funds are not in your custody since you can't access them freely without a second-party agreement on it!
It's a false sense of security but it's the same thing when looking at the final decision, the only difference between this and the CEX is that the CEX can't move your funds without you accepting but at the same time, from your point of view you can't recover those funds without a third party accept either.

So no, you're not in control!
Being in control of funds means you can move them at any time in any fraction of the total sum as you desire, not happening in the above scenario.

Quote from: traderethereum on September 21, 2023, 02:50:50 PM

If you want to use P2P on DEX, make sure that the seller is a seller who has a high rating and a high level of success in transactions to avoid problems because they always maintain their reputation well.

Selective scamming, fake reviews, people in desperate situations encountering a large sum that might be enough to cover 3 months of profit in one go, and so on and on and on, just think how many cases of reputbale members have ended up scamming here, reputation a good indicator till only it stops being one!

Quote from: Learn Bitcoin on Today at 06:15:10 AM

Bitcoin should eliminate any kind of third-party involvement.
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What I mean by getting payment in different payment methods is that if there are any Bitcoin ATMs, utilize them. Almost every country has some kind of payment method like Cashapp, Perfect Money or others. We have Bkash, Nagad and many more systems where we can receive our payment.

So, you're just using some other third parties instead of these third parties!
Trusting Perfect money with your funds over a bank sounds far more risky to me, who are you going to complain with if they close your account and stop you from getting your money out?