How p2p Bitcoin trading works and how to stay safe from scammers

[God Tim]

‎As we dey like dis, Bitcoin na correct long term business and investment, but na too keep an safe dey very important.if you no store ur Bitcoin well. It is prone to hackers and scammers na y every investor of Bitcoin supposedly learns to dey protect their coins.
‎The confirmed way wey person goes fit uses store Bitcoin for long time na by using wetin dey call non-custodial Wallet E mean say na u dey in charge of ur Bitcoin no b exchange like trust wallet and Bule wallet be examples. If u don buy Bitcoin e dey safer to move am from exchange to ur own personal wallet.
‎It you dey create Wallet,you go receive a seed phrase we get about 12 or 24 words. Na dis seed phrase the key to your bitcoin.write am for paper and pot am safe no go share am with anybody or go save online because any bodi wey see am fit steel ur Bitcoin. People wey dey get plenty Bitcoin, na hardware wallet b one of the safest options Device like ledger Mano x fit store Bitcoin offline and protect from anyhow people online.
‎ E also dey important to use correct strong password and pot two factor authentication for confirm security. Avoid dey click tink wey suspicious or today trust strangers online for Bitcoin, security na ur responsibility. Correct proper storage go fit help u keep ur investment safe and give rest of mind for future.
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[SPIDERMAN008]

You are discussing important issues. Although these issues have been discussed many times before. Bitcoin holding is a type of digital asset. It is the responsibility of an owner to keep it safe. For this reason , in addition to selecting the right wallet, it is also important to know how to save the seed phrase. Many people forget the seed phrase or write it in where that can be easily accessed by others. A new Bitcoin holder should know that if this seed phrase is lost or passed on to someone else, then he will lose this Bitcoin forever . He will never get access. And Bitcoin should never be hold on any exchanger. Because everything is not under his control there.

[Chibit01]

To keep our coins safe should be our top priority,  and as you they teach us how to do am you also suppose know say bitcoin wallets they type by type and trust wallet no really they among the recommended because nah close source wallet eh be ( read small about close source and open source wallet here ). Bluewallet nah good one followed with wallets like electrum wallet, no be just to use all wallet way call their self noncustodial be the thing if eh no be open source you no go know if eh get information way dem they collect like to save your generated phrase and private key to their server.

Security note: always make sure say you they download your wallets from the official website to avoid mistake of downloading cloned once, we have a lot of the fake wallets out there which are targeting crypto users who can't completely differentiate them.

For the two mentioned wallet on this thread:
https://electrum.org/
https://bluewallet.io/

[EluguHcman]

‎The confirmed way wey person goes fit uses store Bitcoin for long time na by using wetin dey call non-custodial Wallet E mean say na u dey in charge of ur Bitcoin no b exchange like trust wallet and Bule wallet be examples. If u don buy Bitcoin e dey safer to move am from exchange to ur own personal wallet.

TheTrust and Blue wallets are either not exchange or custodial wallets but non custodial wallets because it does still give you access to control your funds and keep your privacies all by yourself.

With both wallets, you have your keys and recovery seed phrases. The exchange will take hold of your seed phrase and only gives you access to login to facilitate on your transactions. If you lost access to your exchange wallets, you can only recovery it through your KYC required details. However, the exchange does still have control over your coins.

The risk about the Trust and Blue wallets is that... Your seed phrases are still stored online because they are mobile wallets that are always connected to the internet which keep it at risk to be invade by hackers

To keep of from such insecurity threats, hardware wallets should is the best or or preferably Air gap wallets which wallets and seed phrases are stored off-line which hackers nor malwares can not invade.

[Marvelockg]

Avoid dey click tink wey suspicious or today trust strangers online for Bitcoin, security na ur responsibility. Correct proper storage go fit help u keep ur investment safe and give rest of mind for future.

So far, you've only succeeded in highlighting ways to be safety conscious while securing your asset but didn't emphasize how bitcoin trading works based on your topic and that makes it a bit misleading.

Exchanged like binance, blue wallet and the likes na just temporary place for storing or recieving your coin and for that, a lot of the old investors already know say no be place when person suppose leave him coin for long. When you're using an exchange including using it for the sake of carrying out P2P transaction, You have to also become conscious of scam because P2P scam is on the rise. In everything you're doing, you've got  to build the right wall around you in ensuring that you're protected from scam and scammers of different sort.

[Emjay24]

People wey dey get plenty Bitcoin, na hardware wallet b one of the safest options Device like ledger Mano x fit store Bitcoin offline and protect from anyhow people online.

Ledger na the worst hardware wallet to suggest to people to use, dem don get data leak like plenty times and client information don dey untrusted parties hand well well, so dem no really be good option for de mean time. You can try Foundation Passport for Bitcoin only, then Trezor if you get plans to hold Altcoins as well. Cold storage still dey game wella and if you no dey hold plenty bitcoin, den you no really need to buy hardware wallet, you fit use an old computer, make am air gapped, come use am for your cold storage.

[Dr.Bitcoin_Strange]

This is like a click bait because you didn't pass information according to what your title stated, you said p2p trading but talking wallet and storing of Bitcoin, not bad tho, but let your topic always align with the OP. How to safely store our Bitcoin is a very necessary step for every one especially newbies that likes to keep their coins on CEX, for those users too who don't have hardware wallet and are using their phone or laptop, I think I would suggest that after creating your wallet, write down your secret phrase and copy your public address, then delete the app from your device.