SCAMS ON THE RISE IN P2P TRADING IN PAKISTAN
P2P trading in Pakistan is facing an alarming increase in scams, particularly targeting those involved in buying and selling USDT. These scams often exploit loopholes in transaction verification and bank processes. A common method involves scammers purchasing USDT, receiving it, and then falsely reporting the transaction to their bank, leading to the seller's account being blocked. This has caused significant disruptions for traders, many of whom have had their accounts frozen as a result.
To protect yourself:
Always verify payments directly in your bank account before releasing any crypto.
Stay within the platform's official chat and payment systems to leverage protection mechanisms like escrow.
Avoid conducting transactions outside of trusted P2P platforms to reduce exposure to fraud.
Stay vigilant and report any suspicious activities to help keep the P2P community safe!
