I was just scrolling through my phone on Facebook reels and I jump into a video of a Nigerian trader who was arrested all in the name of a wrong P2P deal he was involved in. He didn’t actually did anything wrong but because of a wrong P2P deal he was arrested because he received a stolen money from a scammer. Why was he arrested ? This because the police think he is part of the crime being committed.
As a Bitcoin trader we need to be very careful with our trade here are some of the insights that will help us to stay safe 1.Name Mismatched Danger Most of us haven’t come to understand that this part is important while receiving any funds from any buyer. This have being one of the most common trap that are being use to get allot of us. We all should make sure we observe, when a buyer send in funds from bank account we should make sure it match with the name on their P2P profile. The risk here now is when the scammer actually stole the money. If the real owner now report the issue to the authorities, you that didn’t know how come now will be the one to be arrested . Because, it your bank account that will be trace . So therefore in other for one to avoid such, if any money is being sent to you carrying different name do well by sending the money back and cancel trade.
2.The High Rates (Greed) At this point allots of us do go for highest rate tag when the market rate is sitting at a particular price range but a particular person is offering more than expected, let be careful. If market price comes to be ₦1500/$ but someone else will be offering ₦1700/$ or ₦1650/$. Allot of scammers do come with this idea because they are using a hot stolen money and need to push this funds out immediately. Let all do well to trade with Verified people having at list 500 plus successful trades, to be at a safer side.
3.Keeping of Receipts(Record) Let do well to save our record for future purpose. If in any case the authorities even come for you for this kind of case, you should be able to defend ur self by showing a proof that you were only selling Bitcoin, not stealing money.
Taking screenshot of trade and chat history will go a very long way to save urself from any mess.
Doing this alone you have a Evidence of legitimate trade verified. 4.A Third Party Payments Let us all not be deceive with the saying am going to use my bros account or my business account to send you money it very risky accepting such offers from any trade.Let all avoid such to be at a safer site,We should only accept money from the person directly on the app.
Has any of u experience such account frozen before after a P2P trade ? Let all share with others let avoid what happens to this very young man . https://www.facebook.com/share/r/16h3wFDoJW/?mibextid=wwXIfr
