What is Peer-to-Peer (P2P) trading? Peer-to-peer (P2P) cryptocurrency trading involves direct buying and selling of digital currencies without the involvement of intermediaries. P2P trading empowers participants to set prices, choose trading partners, and determine transaction timing, providing flexibility and control. It enables diligent and experienced traders to seek and exploit favorable trading conditions to meet…
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Fake proof of payment or SMS Scammers employ tactics like digitally manipulated receipts to deceive victims into thinking they have received payment, tricking them into releasing their crypto. An instance of this is the SMS scam, where criminals forge text messages to falsely inform the victim about a payment received. How to avoid this scam:…