Protecting yourself from crypto peer-to-peer (P2P) scams 

Research and Verify

Thoroughly research the P2P platform and the person you're dealing with. Verify their reputation, reviews, and transaction history to ensure legitimacy.

Use Reputable Platforms

Platforms with a track record of security and customer satisfaction are less likely to be involved in fraudulent activities.

Secure Communication

Avoid sharing sensitive information, such as private keys or personal details, outside of the platform's secure messaging system.

Escrow Services

Prefer platforms that offer escrow services. Escrow holds the cryptocurrency in a secure account until both parties fulfill their obligations, reducing the risk of fraud.

Be Cautious of Unrealistic Offers

Scammers often lure victims with enticing offers. Trust your instincts and avoid transactions that seem unusually favorable.

Double-Check Wallet Addresses

Ensure you are sending funds to the correct wallet address. Scammers may provide misleading addresses, leading to irreversible losses.

Use Two-Factor Authentication (2FA)

This adds an additional step to the login process, making it more difficult for unauthorized individuals to access your account.