What do they change? And what are the gamut of risks associated P2P platforms like Bisq? Any members been fleeced using Bisq? Should I make that a separate thread?
I personally do not have any horrible experience when using a P2P Exchange Platform, at least in my country. However, there are instances that a fraud might happen in the middle of an exchange between the buyer and the seller. It could be the following scenario.
- The reversal of payment transaction after the seller released the bitcoin from the platforms's escrow.
- The buyer is using a compromised/hack/stolen bank account which he/she will used in the middle of an exchange.
- Or perhaps, you are being told to do a different way of transacting rather than the standard/ recognized way of transaction.
There is an in-depth thread regarding this issue as well.
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What are the ways I can get scammed on a P2P platform such as localbitcoins?