Common mistakes in P2P and how to avoid them
P2P trading offers speed and flexibility, but it involves risks if precautions are not taken. The most frequent mistakes are:
Not checking the reputation of the counterpart → Avoid it by verifying ratings and number of transactions.
Accepting offers that are too cheap → They are often frauds; always compare with the market price.
Failing to meet payment times → It can cancel the transaction and damage your reputation; have funds ready.
Negotiating outside the platform → You lose the protection of escrow; keep everything within the system.
Not verifying identity → Prefer users with KYC and validated documents.
Ignoring offer conditions → Read payment requirements, fees, and limits carefully.
🚀 Practical tips
Use recognized platforms with escrow.
Communicate only within the platform.
Start with small transactions to test trust.
Keep receipts and screenshots.
👉 In conclusion: discipline and caution are key to minimizing risks and taking advantage of the benefits of P2P.