Post
Topic
Board Beginners & Help
Re: Avoid trading crypto in real person. You can see this now on Binance.
by
jrrsparkles
on 15/11/2023, 18:09:32 UTC
You can now trade bitcoin and other crypto with other local traders on Binance and you will meet at a particular place that both of you talked about.

This is just not different from KYC if you trade with bad person. Avoid such physical trading.

P2P trading platforms allowed traders to meet face to face in the past too for example in Localbitcoins the same kind of method was available but later it was removed for the same obvious reasons.

Binance p2p is filled with scammers and its not good for the platform so how they can able to penetrate even having the KYC requirement s the Irony here anyway avoid trading with randoms because we never know who we are going to meet and if you do then make sure the person can be trusted by doing small multiple trades initially and always set up the meeting in crowded public places.