Alert: Latest P2P Scam

[Abu-Naim]

if is someone who doesn't pay attention they will be ready to cut the money and block you from reaching them, however after you collected the complete money you should have reported him to the platform, even if they did not take it serious but when few other persons complain the same thing he might get a suspension from the platform, there is no were somebody will not see scammers. For those who regularly visit there why not just have someone you no is very reliable and only sell or buys from them because that is the safest than using different vendors.

If you receive incomplete payment, you have the chance to either report or release the coin for the vendor, on aspects like this, if you noticed it, you will chat the vendor to notify them of it was a mistake which they will say yes even though me and you know that it is a format to scam innocent users and users that do not take the figures so important. The vendor cannot force you to release coin if your payment is not complete, so you have the right to keep holding the coin until you receive your complete money, or report the user.

For the OP, this is a good reminder, you have pointed a crucial points that is hard to noticed because it has happened to me and I release the coin before noticing it, since then, I always make sure the money is intact and even attempt sending the money to another account to be sure of the money.

[EarnOnVictor]

Ironic fact is that scammers are often not poor or average, they also need such amount fir the trust. There's a feeling people often get that the rich won't scam and that's a big lie. Never let your guard down especially when it deals with finance or assets.

Well, I urge people to look beyond how anyone portrays themselves but by their actions.

-snip

I have fallen to this scam this year just ones and before I could notice it I have sent coins already and since it wasn't really an amount to juggle myself about I just let it slide and henceforth started been careful making sure to crosscheck the figures in their correct numbers before releasing coins.

Sorry about that. This is why I issued this alert to better sharpen our eyes. No matter how little the money is, it is not theirs to take away. I hope you report the case to Bybit or the exchange afterwards. I made sure I reported the last one, as we are strengthening them by not reporting them.

This same thing has happened to me before on two different occasions and i thank God i never fall a victim, instead i was able to address the situation and got my fund back
-snip-

Can you imagine! How many more people would be unable to get their money back? If it is not lucrative for them, they would not continue with the varied style to swindle people of their money. Shame!

[Lida93]

-snip

I have fallen to this scam this year just ones and before I could notice it I have sent coins already and since it wasn't really an amount to juggle myself about I just let it slide and henceforth started been careful making sure to crosscheck the figures in their correct numbers before releasing coins.

Sorry about that. This is why I issued this alert to better sharpen our eyes. No matter how little the money is, it is not theirs to take away. I hope you report the case to Bybit or the exchange afterwards. I made sure I reported the last one, as we are strengthening them by not reporting them.

You have really done noble on this chief. It seems bybit don't take some of these reports seriously or perhaps they're just being selective of the weight of the cases that comes to their desk.

This same thing has happened to me before on two different occasions and i thank God i never fall a victim, instead i was able to address the situation and got my fund back
-snip-

Can you imagine! How many more people would be unable to get their money back? If it is not lucrative for them, they would not continue with the varied style to swindle people of their money. Shame!

He is actually lucky to have gotten his funds back. Yesterday I was discussing with a colleague on this same issue after reading it here and he explained to me how he fell victim too (which means it's a very the new scam pattern) but after realising what happened he lodged a complain to customer support on scam issues, sent an image of the amount the merchant sent him and the actual amount he was supposed to receive and went further to explain the discrepancy in the figures remaining. But guess what? Till now he didn't get a reply from Bybit about what they have done about his complain. I feel this CEX are also encouraging these merchants scam by not taking every complaint seriously and acting on it swiftly despite the amount in the scam.

[Doan9269]

If you're doing something, don't go into making a p2p transaction and have your attention divided in other to avoid making a costly mistake, don't also act as a nice man at your own risk, ensure that you always confirm the reception of the said amount in full into your bank account before approval, i hope we still remember that bitcoin transaction cannot be reversed, once we confirm an order, then that settles it, and lastly, we should also not join in constituting on the nuisance going around, now that we know, we should rather fight against such to improve the whole process and make p2p enjoyable by all.

[AYOBA]

Well, I don't use bybit, so I can't really tell who the majority of these scammers are. But all I know is that, the scamming rate in Bybit is just too high. This proves that the people around us can have almost everything in the world, and still want to have the little that others are trying to manage. They are not in any way different from those that are in power. How about you share a screenshot of the names of those that has attempted to scam you. I think it will be helpful for Bybit users.

The number of people that are using Bybit is very high and also increasing every blessed day; that's why scammers also want to be very popular by pushing everybody to apply for P2P in Bybit. Because it has reach that so many people are being scammed, when ever  they come to do P2P in the Bybit; I think don’t want any of the users to use the wallet anymore; they said that prevention is better than cure.

Honestly, it will be really helpful and a good idea if those scammers ever make an attempt to scam them. If they can try as much as possible, they should do as you said earlier by sharing a screenshot so that each and every one will be aware and also know their names, so if they try to make an attempt on any other people, they should notice immediately.

[sokani]

I never encounter this kind of experience before since I begin trade. I don hear many scam attempts wey users don share for here about Bybit and from the pic you share, e be like na Bybit exchange be that. E just dey too bad say the exchange no dey do enough to fight scams. Concerning wetin happen to you, nah the more reason why we need to dey very careful whenever we want perform P2P trade. Scammers no get joy at all, dem dey look for person to run street and If you jonse dem go use you shine.

[CryptSafe]

If you're doing something, don't go into making a p2p transaction and have your attention divided in other to avoid making a costly mistake ....................

One mistake I never make while doing p2p transactions is not to allow myself get distracted because sometimes one can make a costly mistake that would cost them their assets unknown to them. Aside from just doing transactions, being distracted when you are engaged with any crypto activities might cost you a lot. I have had the experience where I almost had one of my wallets deleted from my phone. What was just remaining was for the next click on the yes option, but thank God it never happened. What happened was that we were just talking, and something happened that caught my attention, and with that sudden reaction while operating my phone, I almost got my wallet deleted and since that experience, I do not make the mistake of doing anything crypto or opening my wallet whenever I am a bit busy or engaged in a busy environment.

[odunybiz]

Guys, be vigilant while conducting a P2P transaction, no amount is too little to be scammed.

No one like to be get scammed. Even though you are a multimillionaire, you won't want any of your money to go out to scammers.

The lastest scam in town is shortpaying you in the guise of a mistake. For instance, if you order to exchange your USDT to get ₦84,000, some fraudulent guys will pay you ₦80,400 instead, and for ₦95,000, they might pay you ₦90,500. If you contact them before releasing the coin, they will cite a mistake and complete the shortfall. I never gave it much thought until it happened to me in 2 out of my last 3 P2P transactions. The last one didn't even state any reason nor apologise but later added the shortfall when I didn't release the coin, it's their pattern now.

What if you didn't pay attention? What if you were intoxicated or just being hyper? What if it's an emergency, especially medical? etc. Let's be careful!

Now, I need to say this: The ugliest and the most annoying part is that all the names that wanted to defraud me recently and those who have ever attempted to defraud me in P2P over the years are all identified with the eastern part of the country. Some of these guys had over 250,000 USDT, which means they are not poor.

What can I say, than urge them to be good ambassadors of their country.

It is very difficult to observe this type of scams especially if the seller have a lot of fund in his account. This scammers will have tried this on different occasions where it  has worked out.

[Jegileman]

This p2p merchants are many nowadays that are ready to scam you off your money. Once you just lose focus and not pay attention to money sent to you, you’ll easily get scammed. The annoying thing is that once the coin is released, you can’t get them back forever since you’re the one that approved that you’ve received the actual amount of money from the payer.

I just imagine that p2p services coming into existence fully like it is now when there were no bank applications, they would just use a fake transfer alert for you and you thinking the that you’ve received the money will immediately want to release. There was a time when I’m sent money by this merchants, I still confirm by recharging my phone number to see the actual total balance that will reflect just to be sure the right amount was sent. One needs to be very vigilant with p2p merchants and avoid being scammed by them.

[Dailyscript]

If you're doing something, don't go into making a p2p transaction and have your attention divided in other to avoid making a costly mistake ....................

One mistake I never make while doing p2p transactions is not to allow myself get distracted because sometimes one can make a costly mistake that would cost them their assets unknown to them. Aside from just doing transactions, being distracted when you are engaged with any crypto activities might cost you a lot. I have had the experience where I almost had one of my wallets deleted from my phone. What was just remaining was for the next click on the yes option, but thank God it never happened. What happened was that we were just talking, and something happened that caught my attention, and with that sudden reaction while operating my phone, I almost got my wallet deleted and since that experience, I do not make the mistake of doing anything crypto or opening my wallet whenever I am a bit busy or engaged in a busy environment.

My brother weting you talk na true o. If you they distracted when you they do ur p2p my dear u fit go do d mistake of releasing the coin when the person never pay you. U see dis p2p guys me i they intentionally monitor them, all those ones wey dey take time to pay you i dey also take time to release the coin. If dem mumu for where i they i go show dem pepper. Nobody be mugu for this life.

[CryptSafe]

If you're doing something, don't go into making a p2p transaction and have your attention divided in other to avoid making a costly mistake ....................

One mistake I never make while doing p2p transactions is not to allow myself get distracted because sometimes one can make a costly mistake that would cost them their assets unknown to them. Aside from just doing transactions, being distracted when you are engaged with any crypto activities might cost you a lot. I have had the experience where I almost had one of my wallets deleted from my phone. What was just remaining was for the next click on the yes option, but thank God it never happened. What happened was that we were just talking, and something happened that caught my attention, and with that sudden reaction while operating my phone, I almost got my wallet deleted and since that experience, I do not make the mistake of doing anything crypto or opening my wallet whenever I am a bit busy or engaged in a busy environment.

My brother weting you talk na true o. If you they distracted when you they do ur p2p my dear u fit go do d mistake of releasing the coin when the person never pay you. U see dis p2p guys me i they intentionally monitor them, all those ones wey dey take time to pay you i dey also take time to release the coin. If dem mumu for where i they i go show dem pepper. Nobody be mugu for this life.

One needs to be in a stable condition while making a p2p transaction so they do not make any silly mistakes; it involves your concentration at that moment or you just place the order and keep the phone while you time yourself within a short time interval to pick up your phone and check if they have made the payment then you keep back your phone and continue while waiting if what you are doing at that time is of utmost importance that can not be put on hold till you finish your transaction.

As for the vendors, it is good you take note of them to know those that are prompt in payment so that you can easily locate them if you have other deals at execution, as that is what I do. I take cognisance of the rate and timely response because it is very important when dealing as some of the intentionally do that and they pay late putting you under pressure to release the coin for themmand if you are in a haste, yo will quickly do that without properly looking at what they sent and maybe they might have short paid or did not even make any payment claim tohae paid and by then it would have been too late and you would be at loss.

[Doan9269]

Henceforth now I've learnt my lesson and don't think such could ever repeated itself again, i mean not again, though i still count myself as being lucky because i eventually never loose my money at the cause of the two circumstances, but as it applies to me may not be the same on others, therefore we have to trade with caution, pay attention to your p2p and have it in mind that such confirmation is irreversible.

[EarnOnVictor]

-snip

I have fallen to this scam this year just ones and before I could notice it I have sent coins already and since it wasn't really an amount to juggle myself about I just let it slide and henceforth started been careful making sure to crosscheck the figures in their correct numbers before releasing coins.

Sorry about that. This is why I issued this alert to better sharpen our eyes. No matter how little the money is, it is not theirs to take away. I hope you report the case to Bybit or the exchange afterwards. I made sure I reported the last one, as we are strengthening them by not reporting them.

You have really done noble on this chief. It seems bybit don't take some of these reports seriously or perhaps they're just being selective of the weight of the cases that comes to their desk.

Thanks for the commendation. As for Bybit, as much as I don't like to say good things about many exchanges due to their cryptic styles of ripping people off their money, I would still be forced to say it as it is. Bybit is trying its best in this and I am sure they must have been overwhelmed with people's complaints.

Did they help the victim to get back their money? That is what I can't say. But what I can say is that Bybit has been so alarmed about the completion of the money you were paid and also advice on the last releasing stage to ensure you check your app and the exact amount received before releasing the coin.

[Ever-young]

Funny enough, I’ve experienced before. At first I thought it was a mistake from their end, but seeing this thread now and the comments just made me realize that these acts are deliberate. I’ve even had a buyer begged me to underpay for for my order, and I was like, why on earth would he even request that, and how does he even think that people would agree to that. It’s really outrageous how people just behave, especially during financial transactions with people they don’t even know.

[Davidvictorson]

If you're doing something, don't go into making a p2p transaction and have your attention divided in other to avoid making a costly mistake, don't also act as a nice man at your own risk, ensure that you always confirm the reception of the said amount in full into your bank account before approval, i hope we still remember that bitcoin transaction cannot be reversed, once we confirm an order, then that settles it, and lastly, we should also not join in constituting on the nuisance going around, now that we know, we should rather fight against such to improve the whole process and make p2p enjoyable by all.

Exactly what I do. I don too see many things for those p2p traders and it is very annoying. Man dey try make an honest living dem go dey think say you dey do yahoo. The most annoyin one na those p2p wey dey like to beg make dem nor pay the complete tin say market don fall. If you see the kind warning way I dey give them eh, e remain small one day, na so i go report their account say dem wan scam me. As for the one, I dey open my bank app to confirm before I release funds o. I nor even trust the credit alert for my phone. I must see am inside my bank app to believe and cross check the amount twice.

[Zanab247]

Thanks for sharing this new scam system on P2P transaction to us op, i guess people will take this information serious in their next transaction not to fall victim to those scammers. If not that you transact with small amount of USDT you would have not know that they have scam you small amount of money and they would have do the same thing to other sellers too base on he or she succeeded many times.

I will start paying attention to my P2P transaction because once the person said it is done and i discover that there is payment alert i will release the coins without checking if small amount of money is missing.

[Cryptomultiplier]

I don't think this has anything to do with which part of the country these scammers are from because the truth remains that they are criminals and since it has become more rampant, it is a call up to all those who still like to trade occasionally instead of transferring all funds at one time trading, please make sure you open a trade when your eyes are clear and not when you are sleepy or drunk or high or any foreign substance.

These scammers would deploy any tactics to ensure that your as a seller make errors in judgement before releasing funds. Be smart and vigilant once you login to your exchange to trade, because there's no saying what new tactics scammer traders could deploy to gain more advantage over you

[Callido]

Henceforth now I've learnt my lesson and don't think such could ever repeated itself again, i mean not again, though i still count myself as being lucky because i eventually never loose my money at the cause of the two circumstances, but as it applies to me may not be the same on others, therefore we have to trade with caution, pay attention to your p2p and have it in mind that such confirmation is irreversible.

I haven't experienced such and thankful i can learn from those who has gone past it. One thing i have learnt on this internet space is to be cautious with anything that concerns trade and sending of funds. There are more criminals on the internet than the good ones, how come we keep hearing new methods of scamming people even for little amount that they make more than. I do well to cross check my balance when doing P2P, i try to know my recent balance before the P2P then differentiate how much i receive during the P2P trade.

Sometimes don't go for the one with high available others, it will reduce time waste waiting on their confirmation which keeps you tired and exhausted so by the time they mark done you just have with little strength after the long wait to confirm and release and for the irreversibility of such trade means you can't appeal any further.

[Charles-Tim]

I think P2P on bybit is turning to another thing but it can also happen on any P2P platform. It is good to check the amount the person send you before releasing the coins.

Someone just told me he wanted to exchange ₦77400 but the buyer sent ₦70400. The person almost released the coin but he said his instinct just told him to check the balance first. He would have been scammed.

After making several transactions, some people may not want to check the amount the buyer sent to their account and such person can fall for this scam.

[Rgram]

Guys, be vigilant while conducting a P2P transaction, no amount is too little to be scammed.

The lastest scam in town is shortpaying you in the guise of a mistake. For instance, if you order to exchange your USDT to get ₦84,000, some fraudulent guys will pay you ₦80,400 instead, and for ₦95,000, they might pay you ₦90,500. If you contact them before releasing the coin, they will cite a mistake and complete the shortfall. I never gave it much thought until it happened to me in 2 out of my last 3 P2P transactions. The last one didn't even state any reason nor apologise but later added the shortfall when I didn't release the coin, it's their pattern now.

What if you didn't pay attention? What if you were intoxicated or just being hyper? What if it's an emergency, especially medical? etc. Let's be careful!

Now, I need to say this: The ugliest and the most annoying part is that all the names that wanted to defraud me recently and those who have ever attempted to defraud me in P2P over the years are all identified with the eastern part of the country. Some of these guys had over 250,000 USDT, which means they are not poor.

What can I say, than urge them to be good ambassadors of their country.

Thanks a lot, and this na why we need dey extremely careful because them too na registered users on the exchange as well so you’ll just fall in without knowing if your knowledge about how exchange Deh work Deh a bit poor as well..