Crypto P2P scams are on the rise, exploiting trust and anonymity. Common scams include:
- Proof of Payment Scams: Fake payment screenshots or SMS messages.
-Chargeback Scams: Fraudulent refunds via third-party accounts.
- Man-in-the-Middle (MitM) Scams: Scammers pose as merchants, diverting funds to their accounts.
- Triangle Scams: Two scammers manipulate sellers into releasing funds without verification.
- Crypto Exchange Imposter Scams: Scammers impersonate platform employees to steal funds.
To avoid these scams:
- Verify payments and receipts directly on the platform.
- Be cautious of external offers and communication.
- Double-check payment details and counterparty information.
- Report suspicious behavior to customer support.
- Stay vigilant and skeptical of unrealistic offers.
By following these tips, you can minimize the risk of falling victim to P2P crypto scams and protect your investments.