Biggest risk of P2P trade

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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
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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
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