Be careful about p2p scams

[Joy_learns_crypto]

There are lots of scams you can be vulnerable to when using exchanges p2p options. The scams are so much now that it is time to start protecting yourself.
Thanks to the forum some members has been creating awareness on some of the scams going on these exchanges.

One scam that recently stands out to me is when scam buyers clicks they have paid when they haven’t. I know some people may have experienced this but don’t see it as a big deal but I do. When I am transacting and the buyer put out that they have paid on an exchange but on checking I noticed they haven’t paid I don’t go on with anything until we resolve that. So buyers usually claim that they don’t won’t the trade to count out but still the dangers are much.

There have been cases where buyers claim they have paid and even send fake bank statements to the exchange and after a while this exchanges can send your crypto to the buyer even without your consent.
The best way to prevent this is not accepting your prospective buyer to claim that they have paid when they haven’t no matter the reasons they give. You may deny it all you want but majority or some of those buyers on an exchange have questionable character and this exchange can’t completely protect us so we have to employ all strategies we know possible to protect ourselves.

[Charles-Tim]

If a buyer marked an order as paid and you have not received any money, send message to the person immediately on the exchange that you have not seen the money. Before the exchange will release your coin, they will first read your conversations to know if they should release it or not. Also, your reputation matters which is measure by the number of successful trades you had and if you are exchanging regularly.

If you send message to the person and the person is not replying you, or you are suspecting scam if the conversation from the person is kind of scam in design, report the person immediately and include your statement of account which is a prove that he has not paid.

[Joy_learns_crypto]

If a buyer marked an order as paid and you have not received any money, send message to the person immediately on the exchange that you have not seen the money. Before the exchange will release your coin, they will first read your conversations to know if they should release it or not. Also, your reputation matters which is measure by the number of successful trades you had and if you are exchanging regularly.

Yes this is what I always do and I advise everyone to do. Once you check any you haven’t received the claimed transfer. Stop every other thing and ensure you let the buyer know, I even go as far as reporting the person if for some reason the person don’t reply my message fast enough. The usual reply is that they are either on it or that they don’t want the transaction to time out but I don’t buy those stories.

[Shadiq]

I don't take it too seriously. I have come across such cases several times. Where the buyer marks the order as paid without paying and sends a notice to confirm the order. In such a situation, if he asks to confirm the order without sending the money, then at the initial stage you send him a message that you did not receive the money. If he does not respond to that message, then you can take help from the exchange support or report him on his profile. This is part of the basic knowledge for a P2P user.

I do not think this is a special scam or warning. Even if the buyer cannot show any proof of payment, I think the exchange authorities will not evaluate his report and will not send crypto to the scammer without your consent. Because, the exchange authorities do not take any action on the report of one party unless you ignore them.

[Hatchy]

The exchange don't just release your coins without hearing from both side, that's while it's called p2p. They aren't just there to hold the coins for both counter part, but also to help resolve the issue. Just sending the coins without your consent difes the whole meaning for them acting as a third party in the transaction. I've experienced this a lot on my exchange but they would later on send my money. The truth is don't actually be scared to take actions when it comes to p2p. Some of those vendors just believe that most people using these platforms are scared of losing money and not want to go through those long process of resolving issues, so they would want to use that opportunity to their advantages.

There's another one they do, when you want to trades coins like bitcoin. They put a fake rate on their page to attract you and when you want to transact, they tell you that they will be deducting amount up to 1k or more from your funds due to price fluctuations on BTC. It's very simple tell them that you won't release the coins if they don't follow the standards or they should cancel the transaction.

[BIT-BENDER]

I don't take it too seriously. I have come across such cases several times. Where the buyer marks the order as paid without paying and sends a notice to confirm the order. In such a situation, if he asks to confirm the order without sending the money, then at the initial stage you send him a message that you did not receive the money. If he does not respond to that message, then you can take help from the exchange support or report him on his profile. This is part of the basic knowledge for a P2P user.

I do not think this is a special scam or warning. Even if the buyer cannot show any proof of payment, I think the exchange authorities will not evaluate his report and will not send crypto to the scammer without your consent. Because, the exchange authorities do not take any action on the report of one party unless you ignore them.

I think you should start taking it seriously, I believe you should start taking anything that has to do with your finances seriously, yes it may seem little or unnecessary because you fill so but at any time it could hurt you.
It won't cost you anything to talk to the buyer about an order that is marked paid when in reality it isn't.
I have been using exchange for a long time myself and one thing that has kept me safe is doing the right thing even if some of them are trivial and unnecessary.