P2P is a very effective method to buy Cryptocurrencies at low costs and quickly, but if you are a P2P merchant or buy on it, you may encounter scammers who can block your bank account.

The way it works is as follows:

- They open a purchase transaction for you.

- They deposit it to your bank account and mark it as paid.

- They send you the capture of the transfer and when they verify that you have the funds in your bank, you release it.

- The scammers call the bank to tell them that they do not recognize that transfer and that you did not make it by inventing any excuse.

At this point, the bank blocks you without asking, and it is not until you try to make a bank transfer that you realize that your account has been blocked.

The bank will ask you to justify the deposit of that money into your account, as it cannot do so since crypto trading in many countries is not regulated, the bank may ask you to return the money to that person.

At this point the scam is done. The scammer gets his money back and keeps your cryptos.

Recommendations:

- Do not trade with people who have been registered for less than 60 days, since most of these scammers have recently opened accounts.

- Requesting the seller's ID card allows you to know the identity of that person in case you have problems with that business.

- Always verify that they do not transfer you from third-party accounts. Even if they ask you for a favor, no means no.

I could continue talking a little more about this since what I talk about is based on my experience but let's leave it here.

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