Make una dey careful when trading

[CryptSafe]

I can remember binance trading caution against p2p trades outside the binance platform with anybody, be it  a buyer or a seller. If your friend constantly uses Binance p2p, she should be conversant with the trading caution against trading outside the platform for their  own safety. It is not normal that somebody should demand your contact information while trading p2p, and you give them and go as far as accepting to do deals outside the platform without thinking of your own safety. Whatever happens in the cause of that action would not be entertained by Binance, irrespective of whether the contact was exchanged or met via the Binance platform, because they already put caution in place for traders to call their attention to scammers using the platform and for them to be careful and trade safely.

Trading outside the p2p platform is very risky, and as such, one must be very careful, and the amount of promise in price variation should not make anyone fall victim to it. If they insist for a face-to-face meeting with you to guarantee you their trust and reliability, just know that they are up to something else, and your safety is not guaranteed as they have promised but rather a kidnapping attempt or they trail you to your destination to harm you. Be careful, be wise  and do not fall victim of any such out of p2p platform trade.

Nobody should be deceived into trading outside a p2p platform by any trader you meet via that  platform requesting your details to contact you. It is very risky and, as such, should not be attempted by anyone. Put your safety first, as that is paramount to your wellbeing as a trader or an individual.

[Forever101]

Ma better talk you yarn sooo, if the person normal, why e go dey request outside the exchange, the exchange dey bite abi the exchange wan deduct money??. Abeg make we really dey smart with this people, some of them fit demand for number then send fake alert.

[sotelorene]

I greet everyone I know many of us wey dey here suppose don get better understanding about crypto-currency and even how to trade on binance but I still believe that this forum is growing and there are still many newbies coming in.
 so to go straight to the point my friend who is a bit new to crypto-currency was telling me about here experience sell her Bitcoin a popular exchange she has already understood some of the basic on how to sell but this Time while selling the buyer asked for here number which she gave and then chatted her demanding that they trade outside the exchange, and even offered a higher deal than the exchange. this is a big red flag because you a vulnerable to getting scammed if you are trading with someone you don't know off the exchange no matter how juicy the offer is.

I use to ask myself if things like this dey happen for this our era until I come see where e happen reason because the pesin never get orientation or idea how those thing dey work,  pesin wey don get orientation and knows how this thing dey work no fit get scammed.  Na only when pesin no get orientation or no get idea em go fall victim because you no know whether the pesin dey talk true or not but because you don hear say you go get excess profit or your money go increase boom 💥 dey don dey get joy because dey  believe say cryptocurrency dey make pesin get money not knowing it's not like that.
Thanks for the article anyways I wish people that don't have orientation sees it

[Manlikefrank1]

I greet everyone I know many of us wey dey here suppose don get better understanding about crypto-currency and even how to trade on binance but I still believe that this forum is growing and there are still many newbies coming in.
 so to go straight to the point my friend who is a bit new to crypto-currency was telling me about here experience sell her Bitcoin a popular exchange she has already understood some of the basic on how to sell but this Time while selling the buyer asked for here number which she gave and then chatted her demanding that they trade outside the exchange, and even offered a higher deal than the exchange. this is a big red flag because you a vulnerable to getting scammed if you are trading with someone you don't know off the exchange no matter how juicy the offer is.

This is a very interesting question to ask because in the trading crypto currency market are very volatile in nature, lack of regulation, security issues, lack of understanding and market Manipulation can result to a lot.so before engaging in the trading you need to understand the basic fundamentals.

[SmartCharpa]

I greet everyone I know many of us wey dey here suppose don get better understanding about crypto-currency and even how to trade on binance but I still believe that this forum is growing and there are still many newbies coming in.
 so to go straight to the point my friend who is a bit new to crypto-currency was telling me about here experience sell her Bitcoin a popular exchange she has already understood some of the basic on how to sell but this Time while selling the buyer asked for here number which she gave and then chatted her demanding that they trade outside the exchange, and even offered a higher deal than the exchange. this is a big red flag because you a vulnerable to getting scammed if you are trading with someone you don't know off the exchange no matter how juicy the offer is.

Is it that we naija they carry this scam of a thing reach everywhere? We really need to dey very careful because as you take table this matter for here is the best thing, there's some newbie out there wey go take fall for this scammers trap. This matter still dey surprised me if we follow another road scammers go still use that way to dey scam people. My question now be say, is it that she later get scam or she didn't fall under the scammer trap? It's already obvious that the person is a scammer, how can he said they should trade outside the exchange when pocket no dey heavy am, if na person wey wise immediately him go observe say the person is a scammer because nobody go ask to trade outside exchange with higher rate. We need to dey careful since na everywhere all this scammers want dey chop now.

[DubemIfedigbo001]

See myself don't even have any problem with a trader offering me higher prices to trade outside the exchange provided he send funds first. Telling me to trade outside the exchange is a big red flag already, now even if I want to play along with him, I will make sure he's the one at my mercy by sending funds to me before I start considering to send him his coins. I have had that offer before, but when the scammer saw that I'm not ready to send my coins until I saw find in my account through my app transaction history. He gave up and blocked me  on WhatsApp.

[Wiwo]

I greet everyone I know many of us wey dey here suppose don get better understanding about crypto-currency and even how to trade on binance but I still believe that this forum is growing and there are still many newbies coming in.
 so to go straight to the point my friend who is a bit new to crypto-currency was telling me about here experience sell her Bitcoin a popular exchange she has already understood some of the basic on how to sell but this Time while selling the buyer asked for here number which she gave and then chatted her demanding that they trade outside the exchange, and even offered a higher deal than the exchange. this is a big red flag because you a vulnerable to getting scammed if you are trading with someone you don't know off the exchange no matter how juicy the offer is.

Since you mentioned that the seller was a newbie so I won't ask her some technical questions,  but basically as you rightfully said this method of scamming I quite cheap but those without knowledge can still fall victims for this and for sure it will result into a big lesson for the victim if she fall eventually.

But to any knowledgeable trader that alone is a big red flagand shouldn't be taken off the exchange for whatever reason and if there is anything to ask or chat about the exchange chat box is there to make every communication.

[Marykeller]

I believe sae before peso go begin to trade their crypto assets for crypto exchange, them go at least have little knowledge of how not to fall victim to scams. For a peer to peer merchant to bring an offer to trade outside the crypto exchange and also promise a higher pay supposed to signal the peso sae, danger d because Binance d warn against am for peso not to try am.

Since the Nigeria government don succeed in making Binance remove USDT/Naira trades from their exchange, I believe those woroworo peer-to-peer merchants go still move over to other crypto exchanges(wey d accept USDT/naira trades), looking for whom they go scam in that same method or another method wey dem go come up with.