⚠️PROTECT YOUR CRYPTO: P2P Scams in Pakistan & Effective Solutions!⚠️
*Summary:*
This article exposes common P2P scams in Pakistan and provides practical security measures to safeguard your funds.
*Scam Alert!*
1. *Fake SMS Scams:* Scammers send fake payment confirmations via SMS or screenshots.
2. *Chargeback Scams:* Scammers reverse payments using codes or claim mistaken payments.
*Security Measures:*
1. *Trade with Verified Merchants:* Ensure high completion rate, positive feedback, and significant trades.
2. *Build Trust:* Stick with trustworthy merchants.
3. *Double-Check Payments:* Verify payment arrival and sender's name.
*Two-Bank Strategy:*
1. *Dedicated Crypto Account:* Receive payments in a separate account (e.g., MCB).
2. *Immediate Withdrawals:* Withdraw funds from ATM before confirming orders.
3. *No Interbank Transfers:* Keep funds separate.
*Benefits:*
1. *Isolation of Funds:* Protects primary savings.
2. *Quick Access:* Reduces chargeback risk.
3. *Compliance Awareness:* Maintain transaction records.
*Stay Safe:*
Share this advice to raise awareness and protect the P2P community from scams.
*Key Takeaways:*
Verify payments and merchants.
Use the Two-Bank Strategy.
Build trust and maintain records.
*Secure Your Crypto Today!*
