Bybit P2p AI assistant; end to scammer vendors?

[igebotz]

Could the Bybit p2p AI trade assistant be the end of those p2p scammer vendors? This AI assistant gives you the best two vendors with better ratings for your trade using your history check. This way you don't have to manually navigate your way through the thousands of ads out there. For those newbies without idea on how to choose a good vendor manually, this could be what you need so you don't choose a scammer vendors.

What do you guys think on this? Cons and pros?

[adultcrypto]

This is a very wonderful innovation by Bybit and it will definitely help people avoid scammers because the AI works with rating and other key parameters that has to do with the reputation and reliability of the merchant. The AI will save both time and energy needed to get to the most trusted merchants that fits into individual trades, thereby starving the scammers who probably have poor ratings.

I'm also expecting to see some improvements on the side of the merchants because there will be serious competition to have good ratings to be able to be suggested to customers by the AI, so it will indeed improve the system.

However, it will not completely eliminate the scamming tendency that have become prevalent in Bybit because bad players will begin to look for other ways to boycott this. Hence, one should still employ good security practices to avoid being victim of these scammers.

[BitBakerr1]

Well this is a nice development, I guess Bybit has been receiving a lot of complains concerning scams that are happening in there P2P trading and they decided to bring this up, I'm very happy with this new development and it will really help newbies who don't know traders that will be honest, this Bybit P2P traders has tried to scam me some times but it didn't work out for them, when I'm selling my USDT and you didn't send me my complete money I will never release my coin to you and I will give you a negative feedback.
Now concern the AI bot giving you options of good traders, since they are giving them to you because of there good feedback customers has given to them I will still advise you don't trust them 100% because this traders good feedback are giving to them by there friends and they also beg people for it, one trader has begged me for it when I traded with him so don't be too relax when this AI bot created by Bybit gives you best traders to trade with, I will still advise you to always check your balance before releasing your coin and don't agree to any payment receipt they sent to you if you don't receive your money don't release coin.

[Antotena]

What do you guys think on this? Cons and pros?

This is a good tool for newbies that doesn't know much about p2p. What I think this AI does is it factor things like reviews of merchants, Trade completion and time they used for trade to complete to suggest merchants for anyone willing to buy and sell. But human factor can't be negligible, you don't know what can come over a merchant all of a sudden because you can't always predict human being.

I had one trade last week, this guy has good reviews and I never saw begging on his reviews but somehow he manage to try to reduce my money and instantly told him to cancel the trade and then he change mind to send me the complete money and since he sent me my money in full, I didn't give him bad reviews.





If the AI assistant can be able to help traders to look into merchants that are always begging for money trying to play victim of small profit will help clean this scammers and beggers.

[Hatchy]

What do you guys think on this? Cons and pros?

Well in a way it would be of help to those who find trouble looking for good vendors on the P2P platform and Im quite impress to see how Ai could be of help once again to us.. but it won't change most at the backend of the transactions because those p2p merchants mostly play their schemes during payments.

They either use fake alerts or try to bargain a price that's not even listed on their ads which is quite annoying... These are the parts which I think really needs concerns when it comes to p2p scams. Day by day their continue to change their scam formats targeting those they feel have little knowledge of how P2P works..

[Charles-Tim]

Where is the bot located on Bybit?

Could the Bybit p2p AI trade assistant be the end of those p2p scammer vendors?

Express P2P is enough for newbies. Still, newbies need to be careful. They should learn how to avoid P2P scam.

[Cossyblack]

What do you guys think on this? Cons and pros?

AI Assistant can be a guide and will be very helpful to newbies who are Just doing p2p trading for the first time but it could have been more helpful if the AI Assistant can detect and expose P2P scammers to traders that's wants to trade USDT on the platform. With this way traders can easily spot out a scammer before even starting  to trade his USDT.

[Dr.Bitcoin_Strange]

Could the Bybit p2p AI trade assistant be the end of those p2p scammer vendors?

No, it won't bring an end to it. Some of the human beings on these bybit p2p can be very manipulative despite the hundreds of good reviews they have and the thousands of successful trades they have completed.

 

For those newbies without idea on how to choose a good vendor manually, this could be what you need so you don't choose a scammer vendors.

For newbies that doesn't know there ways around, the bot can be of help but they still need to be aware of the rising scam methods that some sellers are using to scam people there.

What do you guys think on this? Cons and pros?

For newbies it can help but for someone that is very experienced with bybit, I suggest you just do your p2p the manual waysways because some people on that place are very dubious, could you imagine that someone marked my trade as paid yesterday and 20 minutes later I still didn't get credited and when I dropped a message for him asking him why the delay, responded by sending me a receipt and gues what? The image he sent as a receipt was just a picture of Bitcoin price to Naira and after I opened the image to and saw what it was my reply to him was "scammer, I am appealing this trade right now" I was just on the process of providing my bank statement to tender an appeal when he cancelled the trade, meanwhile he already marked paid and sent a fake receipt.

I can drop the screenshot pictures based on request.

[Charles-Tim]

For newbies that doesn't know there ways around, the bot can be of help but they still need to be aware of the rising scam methods that some sellers are using to scam people there.

Any newbie that does not understand Express should stop dealing with crypto because such newbie is having zero brilliance and zero intelligence. Make use of it to understand what I am saying.

Also no room for excuses. We were all newbies some days, weeks or years ago, we learn all these. The first that I learned was normal the P2P and it took me less than 1 minute to understand. I understood it immediately I saw it. But some people contacted me because of it which I am surprised about but it took them less than 5 minutes to understand after I explained it to them.

A good newbie should first understand normal P2P and learn how to avoid P2P scam. They are both important.

They should not make newbies to become lazy with bots like this. Everything should not be about bots because it is trendy. There is normal P2P and Express, what else should newbies want again if there is Express.

[Dr.Bitcoin_Strange]

A good newbie should first understand normal P2P and learn how to avoid P2P scam. They are both important.

They should not make newbies to become lazy with bots like this. Everything should not be about bots because it is trendy. There is normal P2P and Express, what else should newbies want again if there is Express.

Well, I think I completely agree with you on this, thoug the level of understanding something quickly varies in different people buy learning p2p can never take someone more a day or a week to understand it. They should first know everything about the risk and scams which is so important. I don't know how this bot works yet since I have not used it but if I was to use it yesterday, maybe it would have released my coins to be buy after he marked as paid, just my guess.

[Felicity_Tide]

Could the Bybit p2p AI trade assistant be the end of those p2p scammer vendors? This AI assistant gives you the best two vendors with better ratings for your trade using your history check. This way you don't have to manually navigate your way through the thousands of ads out there. For those newbies without idea on how to choose a good vendor manually, this could be what you need so you don't choose a scammer vendors.

What do you guys think on this? Cons and pros?

Nice development as far as reducing scams is concerned, but from the look of things, it seems we are heading to an era where bots will be part of everything, thereby limiting humans intelligence.

For the Pros, it will be a successful project if it actually does what it was implemented for. Scammers, especially those from this country can be very smart. But let's see how long it will take them to outsmart this new bot system if it eventually works. While for the Cons, it might bring unnecessary competitions that might trigger the price of the naira to USDT in a positive or negative way, but not sure.

Let's not forget that some of the best merchants with good ratings don't always have the best prices, but neverthless, avoiding scams is always best.

They should not make newbies to become lazy with bots like this. Everything should not be about bots because it is trendy. There is normal P2P and Express, what else should newbies want again if there is Express.

This is also my concern, but Bybit scam issues are just too much.
They are very poor at resolving disputes, and that is why scammers are taking strong advantage. I would have preferred that they spend more time trying to listen to customer's complaints and penalize anyone who is at fault.

[Charles-Tim]

Let's not forget that some of the best merchants with good ratings don't always have the best prices, but neverthless, avoiding scams is always best.

They are many with good prices on the exchanges.

This is also my concern, but Bybit scam issues are just too much.
They are very poor at resolving disputes, and that is why scammers are taking strong advantage. I would have preferred that they spend more time trying to listen to customer's complaints and penalize anyone who is at fault.

A good newbie should know how to avoid scam. If they do, they will not be scammed. I have had nothing less than 3 scam attempts before on Bybit but I was favoured and it was fast. I easily know them and I easily know what to do. I am talking about pure scam and not those that will not send all the money but those that wants to scam you with all the money. Also I have never been scammed before. Newbie should learn and not just come into crypto without learning about how to avoid scam.

[DiMarxist]

Well I have not used it before so I can't explain how it works but I believed it would not end that if the vendors are from Nigeria then they will definitely went for the negotiation page. The only way to stop those scammers which I know, it is to stop those scammers from using the exchange by banning them. And I strongly believe that should be the only solution to those scammers problem.
The AI is also selecting the vendors among others and not a reserve vendors in the exchange. If they are reserved vendors then the negotiating scammers would end but they are not reserve vendors by bybit but random vendors from the public.

[igebotz]

but it won't change most at the backend of the transactions because those p2p merchants mostly play their schemes during payments.

They either use fake alerts or try to bargain a price that's not even listed on their ads which is quite annoying... These are the parts which I think really needs concerns when it comes to p2p scams. Day by day their continue to change their scam formats targeting those they feel have little knowledge of how P2P works..

The AI picks and recommend vendors based on some parameters including their feedbacks so there are good chances that you might not encounter those beggars with the AI trade assistant.

Where is the bot located on Bybit?

Right side on the p2p home page( robot icon) - this is more suitable than the express P2p for newbies.

[Charles-Tim]

Right side on the p2p home page( robot icon) - this is more suitable than the express P2p for newbies.

Can you take the screenshot and post it here. I do not see it.

I am using the latest version.

Express is as simple as A, B, C...

Let me see it first. But what I think about it is that bots are trendy. Nothing more.

[Finebone]

The AI picks and recommend vendors based on some parameters including their feedbacks so there are good chances that you might not encounter those beggars with the AI trade assistant.

This is a very good initiative by bybit not doubt, but it still can't eradicate scammers entirely because their are so many of these bad guys in the system that haven't gotten a bad review, so this AI assistant will still be looking st them as good merchant, and I believe that the way human brains works, it's can still trick this AI assistant by most intelligent scammers, but it's going time for such to happen .

[igebotz]

Right side on the p2p home page( robot icon) - this is more suitable than the express P2p for newbies.

Can you take the screenshot and post it here. I do not see it.

I am using the latest version.

Express is as simple as A, B, C...

Let me see it first. But what I think about it is that bots are trendy. Nothing more.

You didn't see that robot icon on the right side ?

[Finebone]

Right side on the p2p home page( robot icon) - this is more suitable than the express P2p for newbies.

Can you take the screenshot and post it here. I do not see it.

I am using the latest version.

Express is as simple as A, B, C...

Let me see it first. But what I think about it is that bots are trendy. Nothing more.

You didn't see that robot icon on the right side ?

Am just curious, what version of bybit are you using because I equally don't see anything like that in my bybit account.

[Charles-Tim]

You didn't see that robot icon on the right side ?

I did not see it. I login on another device and I did not also still see it.



Maybe it would be available for newbies. I do not need the bot anyway.

I will prefer Bybit to work more on their filter instead. There are some features that I wish to see there but which are not there. Example is setting the amount range that you want which will really be helpful to people.

[Mia Chloe]

This AI assistant gives you the best two vendors with better ratings for your trade using your history check. This way you don't have to manually navigate your way through the thousands of ads out there.

I'll still go with manual search and trade. The reason is pretty simple , the problem is not in the ads they post or their completion rate , the problem is regardless of what they put up there they'll still try to bargain which is crazy. They purposely put higher rates so they'll appear at the top to cheat people.

From the photo you gave an AI may give you a very low rate compared to the current market rate. Even if you try to uses Express, you may still end up with a vendor bargaining at a stupid price. The problem is bybit they are doing nothing about it.