Endeavor to know your battery strength before trading on an exchange.

[Yablee0]

Yesterday I was trying to trade some of my coin into fiat to settle some of my unexpected bills so i engage a buyer in an exchange though I wasn't aware that I was having a very low battery because it was with my phone I was carrying out that transaction, so immediately I receive the funds in my bank account instantly the buyer marked that he has already paid so as I was trying to see how I can release the funds immediately my phone pip as a result of low battery and one bad stuff about that my phone is that once you got that low battery signal in less than five seconds it will go off completely, so immediately I ran to the other room where I was having my power bank to charge and continue my transaction.

So I decided to bring it here if any of us has encountered such experience before and what would have been my fate assuming I was unable to continue the transaction and the transaction time elapsed, will the buyer report me that he has  paid and I intentionally refused to release his coin?  Or what would have happened?

[ZeroVinsonN]

Yesterday I was trying to trade some of my coin into fiat to settle some of my unexpected bills so i engage a buyer in an exchange though I wasn't aware that I was having a very low battery because it was with my phone I was carrying out that transaction, so immediately I receive the funds in my bank account instantly the buyer marked that he has already paid so as I was trying to see how I can release the funds immediately my phone pip as a result of low battery and one bad stuff about that my phone is that once you got that low battery signal in less than five seconds it will go off completely, so immediately I ran to the other room where I was having my power bank to charge and continue my transaction.

So I decided to bring it here if any of us has encountered such experience before and what would have been my fate assuming I was unable to continue the transaction and the transaction time elapsed, will the buyer report me that he has  paid and I intentionally refused to release his coin?  Or what would have happened?

That's most likely what will happen, it wasn't the buyers fault that you battery ran down, it was your for not making sure you were trading with enough battery in the first place, ask yourself if you were in his place and after you've made payment someone just stops responding to you and won't release the coin, and now they've gone offline with your money in their bank account already, the ideal thing to do would be to report the transaction to the exchange where the trade happened, if the person is able to recharge their phone later then they might release the coin.

[Charles-Tim]

Yes, the buyer will report you. The exchange will send you message about it, that if you do not release the coin, that the money will be released automatically within the time the exchange will give.

Average Nigerians are having power banks because of how bad the light is in the country. Some people have power station instead which can also be used during emergency.

When my phone battery is 20 to 50%, I charge it.

[Sticky Bomb]

Yesterday I was trying to trade some of my coin into fiat to settle some of my unexpected bills so i engage a buyer in an exchange though I wasn't aware that I was having a very low battery because it was with my phone I was carrying out that transaction, so immediately I receive the funds in my bank account instantly the buyer marked that he has already paid so as I was trying to see how I can release the funds immediately my phone pip as a result of low battery and one bad stuff about that my phone is that once you got that low battery signal in less than five seconds it will go off completely, so immediately I ran to the other room where I was having my power bank to charge and continue my transaction.

This is an oversight on your part, you should be wary of your battery percentage even when you are not having financial transactions and be sure to have an alternative source of power present before it goes off. No one can claim they don't know their gadgets are low, there are various reminders at various low battery levels of which you can adjust as you want, for example my Redmi phone alerts me when my phone is 20%, 10% and even 5% to plug my phone. My laptop does that at 20% too and a critically low level of 10% which can still last up to 2 minutes before hibernating.

Personally I don't think your gadget going off should be an accident, it's pure negligence on the part of the person.

[Ishicryptic]

When you are doing p2p transactions in an exchange you should make sure that you are very ready for it because you are not dealing with the marchant face to face. Any delays might be perceived as a scam attempt although in such a case the exchange has the right to release coins by themselves but to avoid such a situation you need to be prepared. Like you mentioned battery power should be above 50%, make sure that you have good internet service and make sure that you are not in a hurry to go somewhere within the transaction time. Additional information, make sure that you have seen payment in your bank account before you release coins, don't trust payment CEX vendors.

[sokani]

So I decided to bring it here if any of us has encountered such experience before

I've never had such an experience. What I have experienced is a bad network. In the middle of the trade, my network went off, and I quickly had to switch to a different network to complete the trade.

what would have been my fate assuming I was unable to continue the transaction and the transaction time elapsed, will the buyer report me that he has  paid and I intentionally refused to release his coin?  Or what would have happened?

The buyer would file an appeal, and a time would be given to you to respond, and if you fail to respond after the time elapse, the coin would be released to the buyer.

[Rockson1]

Is not as if people are ignorant of what this, but some people are always in a haste may be because of what they want to use fiat for at that moment, but they refuse to consider what could such negligence can result to, I think is longer a new thing to us as Nigerian how poor and discouraging our electricity is in this country, if we notice that our battery is low and with our Calculations, it won't be able to carry us thought-out out P2P transactions, what will be our gain to go ahead to initiate a P2P transaction, P2P on it's own is even a problem here considering how scammers has been doing everything they can to made away with our money, is this not an easy way for us to cause ourselves more harm, we should be mentally sound and our battery should have enough life before we can initiate any p2p transactions.

[Uhwuchukwu53]

Yes, the buyer will report you. The exchange will send you message about it, that if you do not release the coin, that the money will be released automatically within the time the exchange will give.

Average Nigerians are having power banks because of how bad the light is in the country. Some people have power station instead which can also be used during emergency.

When my phone battery is 20 to 50%, I charge it.

The point is clear just as you have said "average Nigeria has power Bank"  only those who are new or happened to leave in area where the light may seem a little stable will be ignorance of power bank, issue of power failure while engaging on activities similar to op would have happened to me, though I have the consciousness that my phone battery may appear full but can drain at any give time, I purchase power bank, anytime such activity of transaction is taking place my power bank must be fully charged and kept close in case if necessity. I think smartness in the system of crypto cut across all round it's unwise for one with good knowledge to engage such transaction while knowing fully well that your battery can disappoint at anytime. That while I most argue that not all experience is lesson, despite that life is not lost, hard it been this is your last hope of settling this financial needs, that leads to this transaction and you lost it, what experience will one learn on it. Though what I see in this case is just lack of applying sense of details towards the process because such transaction one don't need to be in a hurry and must check any element your engaging to run the transaction, it's not the buyers fault but let it still be a lesson or part of experience as many will view it.

[Cryptomultiplier]

Yesterday I was trying to trade some of my coin into fiat to settle some of my unexpected bills so i engage a buyer in an exchange though I wasn't aware that I was having a very low battery because it was with my phone I was carrying out that transaction, so immediately I receive the funds in my bank account instantly the buyer marked that he has already paid so as I was trying to see how I can release the funds immediately my phone pip as a result of low battery and one bad stuff about that my phone is that once you got that low battery signal in less than five seconds it will go off completely, so immediately I ran to the other room where I was having my power bank to charge and continue my transaction.

So I decided to bring it here if any of us has encountered such experience before and what would have been my fate assuming I was unable to continue the transaction and the transaction time elapsed, will the buyer report me that he has  paid and I intentionally refused to release his coin?  Or what would have happened?

The buyer would have obviously labelled you a fraud and that would have complicated your situation much worse.
I am happy you didn't get to find out from experience, what would have happened and this is a note of warning to all traders on any exchange to always be conscious of their device strengths before entering and concluding a trade, so as to avoid the had I known syndrome.

I usually trade when am in a more relaxed environment, where I don't have to worry about anyone peeking over my device nor worrying about my battery percentage. I try to trade consciously rather than guess everything is okay and to ahead with the transaction.
It is better safe than sorry and this contributes to great risk management practice.

[Obim34]

So I decided to bring it here if any of us has encountered such experience before and what would have been my fate assuming I was unable to continue the transaction and the transaction time elapsed, will the buyer report me that he has  paid and I intentionally refused to release his coin?  Or what would have happened?

Aside from the reporting, nothing bad was going to happen. The buyer will report and the exchange will lock your coins, so whenever you return online, you continue the P2P, your account will not be endangered in any way.

In the first place, make sure to keep your devices always active, I cannot remember when last i saw my phone go off, mind you i stay in a location where there is completely no light except i travel out of the state. Be more careful during P2P as most persons are impatient when it comes to money, I will also feel same way if you hold my funds for too long after paying fiat.

[Somto9Light]

Yesterday I was trying to trade some of my coin into fiat to settle some of my unexpected bills so i engage a buyer in an exchange though I wasn't aware that I was having a very low battery because it was with my phone I was carrying out that transaction, so immediately I receive the funds in my bank account instantly the buyer marked that he has already paid so as I was trying to see how I can release the funds immediately my phone pip as a result of low battery and one bad stuff about that my phone is that once you got that low battery signal in less than five seconds it will go off completely, so immediately I ran to the other room where I was having my power bank to charge and continue my transaction.

So I decided to bring it here if any of us has encountered such experience before and what would have been my fate assuming I was unable to continue the transaction and the transaction time elapsed, will the buyer report me that he has  paid and I intentionally refused to release his coin?  Or what would have happened?

We haven't gotten the full gist, you just  cut the story short what happened after you powered your cellphone?

Though I haven't experience this before and i don't see myself making such mistake because whenever I'm set to do P2P trade I do ensure that I have sufficient data and enough battery percentage I don't forget checking this two things before proceeding because it is very important,  I wouldn't want a situation where I will be running around to plug my cellphone or looking for someone who would share his hotspot to me and who knows how long it would take before you could get someone who would help you with that when the time is ticking. Well I would say that you're lucky to have your power bank not too far from you if I'm to guess correctly I'm not sure if you waste like three minutes in trying to power your phone so yeah I'm sure that you still get back quite on time but when next you're doing P2P you need to make sure that everything is in place before proceeding.

[Hyphen(-)]

So I decided to bring it here if any of us has encountered such experience before and what would have been my fate assuming I was unable to continue the transaction and the transaction time elapsed, will the buyer report me that he has  paid and I intentionally refused to release his coin?  Or what would have happened?

Once you initiate a trade, the exchange serve as escrow, they will make sure both parties are satisfied that is why you have to confirm your payment before releasing the coin to the buyer. Since the coin is been frozen in the exchange until you confirm your payment, the buyer can report to the exchange that he has sent money and maybe provide his evidence, then the exchange will have to here from you to know how true his information is; so you can just explain yourself to them and everything will be alright I think.

Meanwhile, I don’t think it is even normal to initiate a trade without light on your phone because you know that you will need to release the coin after you receive payment, and maybe that is the same phone you will use to make transactions of the fiat you received from the buying, so by all means, make sure it is charged.

[Mhizlove]

Omo, what an experience but sha it's would have happened to anyone, Because you have made payment and received your money and boom your phone just switched off, anyone in that position will panic.

I will not say you're wrong, Omo if the phone didn't on quick, the buyer will think that you delayed or will think that you're a scammer, 🤔 but the good thing is that the exchange platform always checks evidence. So as long as payment has been made, it's has been approved and the coin has been also released, just don't panic because once you're back online nothing will happen.

 It's just that your battery disappointed you. Incase of next time make sure your phone is fully charged before you go ahead and trade.

[Proty]

Yesterday I was trying to trade some of my coin into fiat to settle some of my unexpected bills so i engage a buyer in an exchange though I wasn't aware that I was having a very low battery because it was with my phone I was carrying out that transaction, so immediately I receive the funds in my bank account instantly the buyer marked that he has already paid so as I was trying to see how I can release the funds immediately my phone pip as a result of low battery and one bad stuff about that my phone is that once you got that low battery signal in less than five seconds it will go off completely, so immediately I ran to the other room where I was having my power bank to charge and continue my transaction.

So I decided to bring it here if any of us has encountered such experience before and what would have been my fate assuming I was unable to continue the transaction and the transaction time elapsed, will the buyer report me that he has  paid and I intentionally refused to release his coin?  Or what would have happened?

I had such experience though mine was not low battery. I was actually going through some relationships issues after placing trade the buyer made the payment but I forgot to release his coins. So I was called by the exchange customer care to release the coin. It was even then that I remember that I had not released the coin.
I think the exchange may have regulations incase of such scenario either to ban or stop the customer for making use of the exchange.

[Josefjix]

From your topic and from your starting explanation, I thought you lost your coin because of low battery problem, but that's not a case.

Nothing would happen to you if you don't release immediately as you suppose to, it's just the buyer may create a dispute which will literally wait for you to face it whenever you return. Nothing would be done in your absent except you waste like 2-3 days offline, the mods will release coin to the buyer automatically.

Another thing to take note with low battery when buying crypto, it's not the best thing to buy crypto on low battery. A buyer may transfer money to the seller account, and then battery will go off when buyer hasn't clicked paid, it would be a problem because time will elapse and the trader will lose the money.

I'll advise not to trade on low battery when buying crypto, it's risky.