Quote from: Mpamaegbu on Today at 10:15:14 AM

Quote from: Davidvictorson on April 14, 2025, 08:53:26 PM

Wetin fit be the possible dangers of doing P2P transactions with only one merchant for these centralized exchanges wey still dey function like ByBit, Remitano and the others?

Since wen I read a guy's post and wetin him passed through in d hands of EFCC, I dey like deal wit different merchants. Dey invited him and during d cause of questioning him dem com reason wan particular account wey him dey often receive funds from. Dat account na from a certain merchant wey him dey like deal wit for exchange. D guy had to open up to dem as e take be, and you know how those mad people dey take behave once dem sabi sey cryptos dey involved for matta. I nor wan dat type of scenario. So, wetin I dey do na get a range of up to 10 different merchants wey dey good. I make sure e tey b4 I go repeat a particular wan.

You are right, constantly trading with a particular vendor is very risky, although some people do not see it so, but I would not allow any scenario that would stress and put me at risk to occur. I randomly choose from the p2p platform good deals so that I do not repeat any transaction with a particular vendor twice within a short time interval. If I see any name too familiar, I will do well to check for confirmation before I proceed so that I do not have a back-to-back repeated transaction dealings with that vendor, because nobody can tell and I don't pray for such but it is wise that we do things with caution so we do not get ourselves into unnecessary trouble.