Biggest risk of P2P trade
Biggest risk of P2P trade
We already know how dangerous centralized exchanges can be = not your keys not your coins
But what are your most dangerous risks of P2P trade?
And how can we avoid it?
Luwis K Answered question September 12, 2024
I think over 10 years ago I did the P2P and didn’t have issues. I think both the buyer and seller were cautious of one another. However I would never do P2P again and would much rather just KYC because its just too much work.
You need to pick a time, a place and you can’t deal with large amounts the first time. Not a good way to buy/sell tons of money. Hence when exchanges started to come out I just used them and got the money sent into my bank account. Much safer and quicker.
Luwis K Answered question September 12, 2024