I meant to create a topic about my experience 3 days ago while doing p2p. Till now I'm still confused what actually happened and I was going to ask the community if anyone has experienced such before now.
So as usual after the buyer has confirmed their payment, we go to our bank to confirm our receiving it. I went to confirm and then returned to my app to release coins but on getting there the coins were already released to the buyer. I also have my 2fa authentication on but the coins were just sent without any verification nor my approval.
I've not experienced such thing in my years of trading p2p and till now I'm still trying to get my head around what actually happened. But then let's all be careful. Imagine this was a scammer who didn't send the money and the exchange had already released my coins without my approval.
But how can a normal exchange that you've been using for many years do such a thing without your permission? You never agree say you've received your full payment but the exchange has released your coin, what would happen if it was a fake transfer that the buyer did for you? Who are you going to explain the matter give and how will you challenge to the person that you have not got your payment? Some exchanges are very bad, they just dey behave anyhow these days.
To be honest, I never experienced anything like this before, but we really need to be careful with these exchanges because, you've been using exchanges for years, and this is your first time, and it could happen to any of us, so we should be careful about the types of exchanges that we can use, and if we receive any payment, make we try do some transactions first to avoid any fake payments.