How safe P2P Transaction for crypto transactions 2020-2021

[Help_zone]

P2P means person to person buying and selling cryptocurrency. These options can be offered by many payment methods. Who wants to buy, he should find a perfect sale post. Then pay the seller amount and once seller gets payment, He will release the payment. Until then seller funds are kept to the exchanges. So, you are safe.

[Abubakar56]

Since I started trading have been using p2p and it have been safe and secure, actually I only use it on binance and is very secure no scam and is legit.

[Istiak]

Why don't you use crypto exchnage for that. Cryptocurrency exchange can be the known safest way of making a P2P transactions. Just do not use telegram or Facebook group to do that.

[Confero]

P2P means person to person buying and selling cryptocurrency. These options can be offered by many payment methods. Who wants to buy, he should find a perfect sale post. Then pay the seller amount and once seller gets payment, He will release the payment. Until then seller funds are kept to the exchanges. So, you are safe.

Everything has a risk, check first before making a transaction.  Don't let your crypto assets be lost in vain, but I think P2P transactions are safe.

[Cinno3]

P2P transaction is very useful. It is possible to benefit from the transaction. The peer-to-peer transactions that are currently taking place in the cryptocurrency market are much more convenient. So I think, Bitcoin currency or other coins will benefit the transaction.

[Pitter]

Yes P2P means person to person buying and selling cryptocurrency. These options can be offered by many payment methods. It is one of the useful method that I have experienced . I support P2P transaction and it will more us  for future .

[Andruha1993]

What kind of security are we talking about? In the crypto industry, you always need to be careful. There is nothing secure about crypto. You always have to be on the lookout.

[Gurujebs]

Platform such as binance and kucoin has been good so far, they are very reliable without any issues. It's recommended that one use platform that act as middle man to avoid been scam by these buyers and sellers, don't loose your funds to these bloody scammers.

[monig18]

P2P means person to person buying and selling cryptocurrency. These options can be offered by many payment methods. Who wants to buy, he should find a perfect sale post. Then pay the seller amount and once seller gets payment, He will release the payment. Until then seller funds are kept to the exchanges. So, you are safe.

when we trad in P2P we should be very careful. untill you received your payments, you should not released your crypto. Some people make fake receipts and say there will be a transaction error in your account. we should report those scammers.

[Duckenth]

It would be better if before we trade p2p we confirm to the person first, because usually in p2p exchanges there is a phone number listed and can be contacted (just to make sure). But my experience when trading p2p on the Binance market has never been a problem, and all is safe.

[Bitstar_coin]

I have never use a p2p service before since I don't need it, binance spot trading is sufficient enough for me, but if there ever come a time when I will need p2p I will probably use binance p2p service because it looks more secure.

[pealr12]

P2p outside the exchange are not safe at all, there are lots of scammers out there ready to take advantage of any situation, better to follow the advice of many users here and stick to exchange p2p, the only time I have ever use p2p is on localbitcoin platform, was really nervous ad ot was my first time, but was glade the transaction went smoothly.

[youdacapt]

Firstly it depends on the peer 2 peer (P2P) you are referring to, if it is on whatsapp or telegam or signal escrows groups then i have no idea to be very honest; if you know people from such p2p then you can be safe.

I have never used any exchange platform p2p before so i have no idea. DYOR and keep your funds safe.

[aarif123]

P2P transaction is absolutely safe this is one of the oldest method in crypto space when I came in this space I bought bitcoin worth $15 from my local currency using localbitcoins and nowadays they are also asking for documents verification for doing transaction.

[Ghozrd]

I often use P2P systems to buy crypto coins on Binance, some exchanges provide P2P transactions to make it easier to buy kpins with your Fiat currency.