STAY SAFU: Avoid Common Types of P2P Fraud
Peer-to-peer (P2P) transactions are growing in popularity due to their convenience and ability to cut out the middleman. Whether youâre trading cryptocurrency, using an online marketplace, or a traditional platform, there are inherent risks involved in P2P transactions. Unfortunately, scammers often target individuals on P2P exchanges, looking to exploit vulnerabilities. Here are some of the most common P2P scams and how to avoid them so you donât end up losing out.
1. Fake Payment Confirmation