Topic: Avoid trading crypto in real person. You can see this now on Binance. (Read 386 times)

It's a problem for me to trade Bitcoin with anybody face to face, sorry, many things have happened that have robbed me of the little trust I have left in humans, just because the amount you trade is little doesn't mean you are safe, those who you trade with already know that you are into crypto and that's all they need, just pray that they are good people, because it's possible for them to think that you have more, saying that you will trade less amount face to face means you still trust people and I pity you.

Hunger and poverty is now what people put blames on when they do evil thing to humans like them, they are willing to hurt you for small amount and you are here saying that doing face to face trade is save if you are trading small amount, it's a no no no for me, I don't know what makes Binance have that option available, I have always see it on my Binanace account and I believe it's the most stupid thing an exchange can have as payment option.

Satoshi goes hidden for this same reason and you want to do this openly? It's stupidity, once your face is known that's it, avoid doing this, it makes not even the slightest sense, binance is baking like a kid implementing this option, and they should have learned when their workers where forced to empty their crypto wallets.

It's not a problem when you trade small amount of money, maybe less than $500-$1,000 should be fine, depends on your country too.

If you worried to be known as rich person, what about people who wear/use a branded cloth, bag, gold accessory, high end laptop, big bike etc on the street? do they scared about that? no, they want to show to everyone if they're rich.

I mean, they have more than what you have, the criminal should target them, not only you.

Why would anyone even contemplate doing that, in the first place? The reason we don't know who Satoshi is till date should hit anyone why they shouldn't compromise their privacy. That's one. The second thing why I wouldn't touch the F2F thing, even with a long pole, is the lack of convenience it provides. Leaving my home to meet up with anyone for business transactions is a stress to me. I can only indulge such when it's the last resort. I like online transactions. I can't even remember the last time I walked into a bank to do my transactions. ATM transactions are also beginning to bore me too. So, with one trying to get all of that out of the way, why would one then subscribe to a face to face crypto deal that preaches much privacy? It doesn't make sense at all.

Personally I go for the orders in the Binance for those which are verified one. Because in the online things I didn't ever trust others whether it may be in the form of banking system or it may be in the form of other money. But still can't believe other people because we have seen hackers are there and the people which needs money like robbers just scam the money and they went away. So I believe that when I enter a good and well known platform of trading I should ensure my security and I should also care of my own security by myself.

There is always a chance of that, but I am doing everything necessary to lower the chance of that happening to the minimum possible. Thing is, since I've been doing this for years I now have reliable people so I don't have a need to meet a total stranger in order to have trade bitcoin P2P.

I don't know or have never used a method like this on binance, or maybe it's not available in my country? But I'm not interested in selling bitcoins to people offline because it's a hassle. I prefer selling bitcoins online because it is simpler and safer. Apart from that, there is also a risk of crime behind it so making online transactions is better in my opinion, I don't see the urgency in selling bitcoin offline.

I was thinking if the KYC they had initiated is not good enough for them but have gone this far to have cash option for trading when some people are being haunted in their various homes as a result of their leaked identity. If not for KYC leak, how did the criminals get to know people in Sweden who owns Bitcoin and other assets. Many are currently attacked at their homes and roads just because their identity was leaked as a result of the carelessness of the third party exchanges.

I will not be very interested in meeting someone who I want to trade my bitcoins with especially when it is a lot I intend trading and because it something we can do on the phone without the need of seeing or meeting each other. It is difficult to always trust the intentions of people especially the people you meet from the online place. There are many concerns about safety in my country because a lot of terrible things can happen, so I will not want to put myself in harms way by physically accepting to meet a buyer or vendor to trade.

Trading crypto in cash with person physically is the last thing I will ever do because you don't know what the opposite person may have in plans for you whereby you can be targeted and  get robbed maybe also go with your funds and coin.
I would prefer trading p2p in the forum here with an unknown user than involving in such transaction, that is why we need to be very mindful. Why would exchange include trading with person in cash physically why not they removed that options since is not safe for both parties?

You make a interesting point. I attended a few crypto events and seminars in my newbie days, and this is why I think it is difficult to target people who attend these events. Not everyone who attends a bitcoin conference has bitcoins, they may be a newbie who is simply just interested in bitcoin or someone who is just there to network. It’s difficult to tell who is who in these events, but if I’m certain you have $10k bitcoins in your wallet, then you definitely have a target on your back.

I've never been afraid of going out into the world and exchanging bitcoin. I do it in public and I've never had any problems.

Most of the time bitcoiners are really friendly. We exchange opinions about the market and joke around from funny situations, even talk about memes and tell bitcoin jokes.
I've never become real friends with any of these people because we're both cautious, but it was always a good experience.

If people were to target you as a bitcoiner, wouldn't they simply go to a bitcoin conference and follow people who attend?

I don't know. Taking precautions with peer-to-peer trades involving big money just makes sense to me.  It's like buying a used car from the owner directly instead of through a dealer.  You wouldnt meet up to make the trade in some dark alley in a sketchy part of town.  No way.  You'd pick a public spot, maybe bring a friend if you could, that kind of thing...

You can't be too careful with that much money changing hands between strangers.  So yeah, taking precautions is normal and smart with high-dollar p2p deals.  I don't think twice about it.

I'm just hearing this for the first time; it appears to be a new invention in the exchange, but I'm not sure what the motivation is. What do they need to discuss when transacting via p2p that they can't do on the exchange chat app? This makes no sense to me. This has not only compromised your online privacy, but it has also compromised your physical privacy.

The world is a cruel and insecure place to live, exposing your physical self and worth to anyone is not ideal. This will end up putting your life at greater risk than the money you saved in the exchange. If this is how it works, it isn't even worth considering. Stay away from exchanges, they’ll keep demanding to know more and more about you at the expense of your privacy and safety.

With enough precaution it's doable, so I don't agree that we shouldn't trade in person. Just think about it for a moment. If someone wants to buy $1k of bitcoin from you, and you live in a first world country, you don't really have that much money on you. Just set up a meeting in a public place, don't come in your car, just get a taxi or ask someone to drive you, then make sure you don't get followed back home.

In a situation where you want to sell a lot of bitcoin, 100k+, make sure to go with someone that you trust. Do all the same steps to avoid being followed, meet in a place where there's security, like inside a shopping mall, in a lobby of a bank, at a post office... You'll have cameras there and people who will stop a possible assault. Let's not be paranoid. People have always traded things like cars and motorcycles for cash. I've bought a car with cash 2 years ago and it went smooth.

As from the very start I knew that these exchanges won't be safe at all, we should always make ourselves fund by doing it in some hard wallets and keep them their even they are at that place, it will be too difficult for the hackers to hack the hard drive. So, there are many hard wallets people are using and they have get rid of the hacks as they always don't believe on the Exchanges.
You also know that exchanges are not good at all for storing of the fund. It can be only safe when we are doing the trading their and when we are doing some spot trading and other ones.

It’s very risk especially if you’re trading a huge amount. Let’s say you use Binance p2p and you opt for the f2f option, you and the seller/buyer decide on a meeting point (preferably a public spot to avoid being mugged), both parties meet, transaction goes smoothly and you both go your separate ways.

The cons of f2f transactions are;
- You have lost your anonymity
- You stand the risk of being tailed on your way home. And this is going to be really easy if you live in a small city.

The Pros - Zero

Unfortunately, every form of P2P transactions opens the door to potential abuse by scammers.  Thats just the way it is when people exchange goods in person.  It is not only about the threat of violence or theft but all kinds of fraud too.   However, using secure online platforms helps but its not foolproof.  Hacks, rug pulls, data leaks - those things can still happen and  and there is always some risk of plain old scams.  Good news is, there seem to be way less reports of people getting attacked in person versus getting scammed online.


Online KYC verification always involve some risk.  Just look at what happened with Ledger's database getting hacked and customers personal info leaked, and related attacks.  So, nothing new or special.  Actually its a lot easier to use fake data and burner phones for P2P trades compared to centralized exchanges.

Do you not think that doing physical P2P trading might been abused by robbers? Example of what I am talking about is to physically be attacked, but not only that. The other reason which was the reason I referred to as KYC is that some bad actors can see this as an opportunity to know who is trading on an exchange. They will not attack during the trading but give attackers information about the bitcoin trader so that they can attack him at his house. I can not trade bitcoin physically.

The things I won't see here...people claiming that real life P2P trade is worse than using centralized exchange.

I don't know where you guys live, but over here in Croatia (EU) its pretty common and safe to do live P2P trades as long as your are using common sense like not buying/selling large amounts with the total stranger or meeting in a dark alley in a dodgy part of town. Me and quite a lot of my friends did bunch of those trades and I never heard anyone having any issues whatsoever.

I would refrain from more than just trading Cryptocurrencies in real person.  I would stop publicly posting Tweets about Cryptocurrencies.  Any body who is looking for a target will think that if you are strongly invested in Bitcoin on Twitter you must have some of your own as well.  These are tough times because Bitcoiners like me who are Privacy oriented have fewer and fewer options.  So real person meetings are on the list even if more dangerous than other ways of exchange.

Even family should be kept distant unless you have close to 100 percent trust in them.  You never know who targets you next out of jealousy either.

Inflation and how Cryptocurrency members portray themselves on the Internet do not help.  Robbers think any body interested in Bitcoin is automatically rich enough to be worth targeting.

It is very simple nowadays.  There are tools helping you localize places from pictures only.  You post pictures of yourself next to your dear wife in your lovely house and some weird guy locates you and you become a target only because you keep telling people how to get rich.  Keep it to yourself.  Better than getting tied up by a stranger and threatened with your own knives, is it not.

All these cautions just because I want to trade cryptocurrency with a vendor through exchange? This is too much mate and it is not safe at all, in d=fact it will cost some money if you really want to see person in a public place, and your privacy is not there anymore. The best thing is to keep doing the normal p2p trading in the exchange and maintain your privacy with your fellow trader. Or if possible avoid KYC exchanges and trade in none KYC exchanges.

Remember that you can be robbed anywhere too, you can withdraw cash from an ATM machine and immediately get robbed or followed back to your home, you can step right out of a bank and robbers would be waiting to follow you home, there are a million and one ways you can get robbed. There are quite a lot of Bitcoiners who have had face to face trades without encountering any problem, so let us not make it sound like a trap when one opts to do face to face trades.

That being said, you must be careful and do your own due diligence. Do not trade a large sum in Bitcoin when doing in person trades and do not use addresses that hodl a large balance, trade in a public place, come with a friend, hang around with your friend in a different location before heading home, and the chances of anything going wrong will be slim to none.

This was not a bad idea but the way things turned out  shows that nothing can be 100% save, online if you are not cautious your privacy will be compromised and same in physically.
Even if you choose an open view environment for the physical meeting nothing is stopping these criminals from stalking you home and then your life will be more at risk than the online because if you are really cautious of your privacy online and except these exchanges sell or lost your data your identity won't be at risk and the only thing there would be a tendency for you to lost is your money but physical meeting is not just or money but your life, the life of others around you and other important properties.
In as much as I'm paranoid of online p2p, I don't want to try the physical meeting

This is actually the first time I heard that people are meeting in real life to trade crypto. That's really bad decision, I don't know how they own crypto but they choose to trade by meeting in real life. They could use P2P trading platform, they could use DEX, it's even worse than Centralized Exchange, they expose their identity and meeting stranger.

I know people are buying many things meeting in real life, but with crypto you get many options to trade without the needs to exposing your-self, why take the risk?

If there is money there is a possibility of being attacked by terrorists. Be it Bitcoin or fiat money, this can be the case. However, terrorists are more attracted to crypto users because of the potential for large sums of money. There is no alternative to raising awareness personally to avoid any such untoward incident. Offline Bitcoin transactions is completely risky. Maybe this is a trap through which a Bitcoin seller can be a victim by those terrorists. Online platforms must be used for Bitcoin transactions and it is completely safe and secure. It is safe to use Binance's P2P service to avoid such problems.

Trading "In Person" is one of many trading types on P2P trading platforms. It is risky, first for your privacy, anonymity; second for your safety. You can fall in a bad trade "in person" with a bad trade partner. The trade can be set up to rob your coins or worse you will be kidnapped, killed, whatever by criminals.

If things include trade can be done online, through Internet, through middle man and Escrow, let's do it.

It is safer to have Escrow for a trade and if you don't have to meet in person to complete the trade, it's good for both safety (life), privacy and anonymity. Those P2P trading platforms are built to provide safe trading for people.

I am not sure about it. They require KYC like many exchanges but does KYC reduce criminal activities on those platforms?

The answer is it fails to do it to protect their customers.

Why KYC is extremely dangerous -- and useless?

I highly agree with OP and I also believe that one should avoid in person trading at any cost. Although, Binance as added it as a way to trade with people who belong to same location where you live but such approach if very risky especially for those area where crime rate is high.

I think it's way better to go with the traditional p2p route where someone can send money to someone else via a bank account or digital bank payments as that one is quite good as compare to in person trading. There should be a caution that "In person trading is a risky thing and one should avoid it at any cost."

P2p trading on Binance is safe for most people who live in areas where crime rate is low, and even in countries where crime rate is higher people can still do online p2p trading without much worries. However, cash trading is quite risky and can be very harmful for the ones who blindly go with that route of trading.

If exclude the KYC aspects, this form of trading (physical crypto trading) is used by only naive crypto investors who don't think very well about their physical danger if look into the danger that's associated with it and it's totally different from what crypto presented.

The problem here is not that you should avoid trading crypto in real person but rather trade crypto in real in a place where you won't be dragged away against your will. Don't use your real name and don't give anyone info about yourself. Hire security if you have to.

AND

Do not flaunt your wealth. I cannot express how dumb a person would have to be to tell strangers about their millions of dollars worth of crypto. If someone threatens your life, then obviously chances are that you will give them your keys. So why give anyone the chance to know if you're worth stealing from?

I really don't get some people.

Meeting them in a place or at your home is not a great idea at all, I heard news before where they get into his house and take all his crypto, since you have no choice, my suggestion is to use the features of the exchange to sell your crypto since dealing with them in person can go wrong, don't think about the small fee's that will be charge, instead think of the convenience and safety of your money and family in the first place, since during this days some people will do anything for money , even taking lives for it.

This is actually the opposite of KYC because it's p2p trading and you can easily remain anonymous. It's quite a different risk even though it looks similar, because with KYC your information is at risk, and the information may later lead to attacks, but with physical meeting you are immediately at risk.

Yea, personally, for me, I don't even like the idea of doing cryptocurrency-related deals with strangers in that manner, unless for someone that I have known so well, or better yet, I can carry on the trade without meeting with the person face-to-face. This is to protect my identity from the person I am trading with, because if I reveal my face, it's just the same thing as the KYC that everyone is trying to avoid on CEX. This issue of those binace clients who got kidnapped might not have resulted from a physical P2P transaction, but because of someone who actually knows him very well and knows how much he is worth to afford, because the money they collected from that guy is too much, he probably would just have told them he had only some small amount, but instead they made him lose that huge amount because they actually know he has up to that amount.

Face to face trading is really risky no matter what kind of currency or trade we are dealing.  There are bad people who exploit this kind of system and do harm to the people who wanted to trade their items or currency  face to face. 

This is not only limited to Bitcoin  but also to those other transaction that involves a huge sum of money.  there are even news of people missing after they meet up with the buyer of their cars or other expensive stuff.

I always believe that it is safer if we can avoid meeting up with the other party and just use reputable escrow or third party mediator for the transaction.  What is anonymity if our personal security is at risk. We should always prioritize our own safety than anything else.


Same here, I would rather choose the P2P method of Binance than meeting up with stranger to make a P2P transaction.  But of course, our cryptocurrency that we intend to hold should not be stashed on exchanges, because they are not made for stashing our coins.  Besides it is always better to have our cryptocurrency stashed to an address that we have full control.

I usually use P2P trading in Binance and I have never encountered being asked for KYC and Maybe this is possible because I'd look into those buyers that have a high positive response from their previous performance and offer a fair price.

But talking about physical trade, for me, It was not a safe choice for anyone knowing that there were a lot of people who were too hungry for money, we're putting ourselves at risk as well. The best option is to use the platform for at least there is accountability for it once the transaction fails.

There are risks, no doubt.  But steering clear of it completely seems kinda extreme.  There's ways to play it safer if you wanna meet up for a trade. 

For starters, pick spots with a buncha people around.  Public places with tons of foot traffic keeps things less shady and  bringing a buddy or two makes sense too.  More eyes watching out is smart. Schedule meets during the day when you can see better.  When it's light out, public areas tend to be chillier.  Oh, and let someone know the plan - where you're heading and when you think youll be back.  Just a basic precaution.   

So yeah, with some smart moves, in-person crypto trading doesn't have to be so risky.  You can take steps to avoid problems going down.

I’ve seen several options of people wanting to trade cryptocurrencies in person especially on exchange and I wonder what really their  striking force is because I’ve always thought about the possibilities of the authorities acting like a trader and seeking a physical transaction with a purpose of tracking down a person and this has been one of my wield thoughts. I’ve also written on how a woman was assaulted because she operated a physical exchange and I don’t think I would want to get involved with running a physical exchange.

I do not see anything wrong with trading crypto in person.  I get why people worry about getting robbed or something, but you can get robbed pretty much anywhere if someone really wants to and  just because someone had one bad experience meeting up to trade bitcoin does not automatically make it super dangerous and risky every time.  Its kinda like driving cars - yeah, wrecks happen sometimes, but we dont all stop driving.  We try to make it safer with seatbelts or airbags or whatever and teach people good habits on the road.  I would say it is the same with trading crypto in person.  It is not about avoiding it completely, but being smart, taking precautions, and making sure were doing it responsibly.  There is always gonna be some risk but if you go in with your eyes open and dont do anything dumb, face-to-face can still be a solid way to trade.

This is not a good idea at all; this one is the worst one, and someone can easily be attacked. This can also lead to kidnapping, similar to the two cases you listed above; for me to go for this option, I would rather accept KYC and trade directly from the exchange because this one will never lead to a good result because we don't know each other, and no one is providing external security.

I think these are signs for us to keep avoiding centralizing exchanges because of trust issues. It cannot be possible for me to have money and still have no rest of mind because of where I saved or kept my money. I will be using exchanges for just buying crypto and selling them to fiat, but keeping my bitcoin will always be done in my Electrum wallet.

Bro, the security measures are quite good but don't forget that there are many ways to kill a bird. You can take all these precaution, meet at a place, and successfully exchange your funds. And these robbers will trail you home to know your address, and then pay you a visit another day at your home to drain your wallets.

F2F trade is a hell no and I don't welcome it because of the risk involved. Carrying out transactions via F2F trade is like giving up my privacy, my pictures could be taken criminals and I could be trailed and robbed.

I have noticed Binance p2p traders are not very concerned about their privacy, some traders add their phone numbers in their p2p “terms of trade” or request the other party to share their phone number before initiating trade, they claim this is to enable a faster transaction.

I don’t blame centralized exchanges for having this option, afterall it’s only one option out of many. But it does seem strange for Binance to have such an option because it means Binance will not be acting as an escrow in the transaction. Anyone who chooses to take this route does so at his own risk. I don’t see the advantage of having a f2f transaction especially if it is a large amount. No legitimate person would risk carrying that huge amount of cash around.

That's P2P in real life and much worse with $5 wrench attack that's happening. That's why we have P2P online marketplaces and we're allowed to trade there.

I wouldn't even trade with someone personally and I'd keep myself lowkey and this is the main reason why we need to preserve ourselves. Always think that your security and safety is utmost priority.

You never know what people can these days brutally for the sake of money and those that are flaunting what they own in crypto assets, you need to lie low.

Just because someone got attacked during trade doesn't mean that buying/selling bitcoin in person is bad. Problem is that people are not using common sense and are not careful enough when doing that, which sometimes end uo them getting robbed. Using that logic many things you do in real life shouldn't be done just because someone somwehere got robbed/attacked.

I've done quite a few in person trades and I never had any issues whatsoever. Then again, I am not having such meetings in some dodgy alley and trying to sell large amount of bitcoin to a person that I enver met before and instead it was always done in a very public place (for example casino or a mall) so chances of something happening are slim.

There use to be a platform OLX in my region this platform links buyers and sellers together and they meet at a designated place to do their business, reports has it that some of such deals ends in crime.
This physical trading in binance is just like the same, it's super risky to as a seller or a buyer to meet a total stranger physically to deal in Crypto-currency, even if you have company you never can tell what's waiting for you, also your identity is compromised because you are appearing physically.

if the physical trading is now the only option left for me to sell the Bitcoin that the only way and when I will sell my Bitcoin in person and at face to face, but anything outside that will be and amount into risk which gives me options such as what we have in the p2p KYC nature that way is the only path to take.
There is no way, there won't be an incident of theft armed attack and possible kidnapping of customers wdealals in f2f mode, but I am also wondering, why the exchange will implement such a p2p nature where clients meet each other to exchange their Bitcoin.

This is crazy. This is insane.
Don't these exchanges have advisers. Can't they read history. As if the caution of leaving money on these exchanges is not enough, they want to set up people to lose not just their funds but their lives.

Out of curiosity, should someone lose their funds to theives posing as traders through this can they sue Binance?

This is exactly what happens when you make a face to face trade. A media (could be a decentralized or centralized exchange) connects a random buyer to a seller. They do their basic checks, but this does not accommodate the intent of any of the parties.
This creates an avenue where one can be jacked; $5 wrench attack, or tracked back to their home.

Going along with a friend is a good idea and can help to some extent, but much better to go with a more assured alternative.

- Jay -

There is nothing wrong with trading crypto face to face, i hear that people say you can be robbed, but you can be robbed anywhere, at anytime, you can be robbed just right after coming out of your home, or when you are leaving the gym, hell, you can even be robbed right inside your own home.

I would not tell people to avoid face to face trades, what i'd tell them is to follow certain precautions: do not meet random people on social media and meet up with them for a face to face trade, you will definitely be robbed. Use a decentralized exchange like Bisq to set up face to face trades, (the funds would be locked in the 2 of 2 multisignature address before you meet your trading peer) and then you should meet in a public/busy place, you can also go along with a friend and don't give away anything personal to your trading partner.

Binance is one of the largest if not biggest, so it's easy for them to used this as main target of victims but the more I read about this, the more I feel something has happened somewhere before all this. It's either Binance mistakenly leak people information or maybe someone from inside Binance actually leak this information to his crew to carry out this heist, nobody can really meet you in and bargain through P2P, the most they can get is perhaps a phone number which can only be for confirmation or easy access to call a trader to close their deal fastly, I don't think a number is enough to carry out this robberies.

But the truth of this is that KYC has done more harm than good, never will you see headline of KYC in the media always about good result, is either an exchange was hacked and user information leaked or something that lead to stolen item and mostly it does happen in centralized exchanges. Some people will never accept the fact KYC is bad but then again, let's always give them benefit of doubts, they will learn and they will learn the hard way.

It is now real on Binance. This is it:



It is the forth one which cash trade crypto in person via cash is.

It is very bad that exchanges will make this happen. There should not be anything like this. I am also advising people not to use it if they want a private and protected life for themselves.

I have not seen this option yet in my local P2P option, and even if it's available, I will not use it. I'm not a strong supporter of F2F trade.
 
Some months ago, there was a thread with a question about whether using F2F or an exchange P2P trade was more preferable. For those who already don't have any accounts with any exchange and have not passed KYC before and are concerned about their data, most of them were advised to use an exchange platform that supports users in negotiating their means of exchange, and F2F was part of the best option recommended.
 
In a safe society where violence is less, one can consider dealing in such, but in this cruiser society that we are into, I don't see such an option safe at all unless it's with someone you have dealt with before, and if you are the one sending crypto, it will be advisable to choose an open area where the trade can go on successfully, making sure no harm can come to you.

One reason why most people consider it safer is that it's mostly done using cash payments, which can't be traced or tied to any one's identity, but then again, we don't know who is who and the motive of the person who is coming to buy from us.

P2P trading platforms allowed traders to meet face to face in the past too for example in Localbitcoins the same kind of method was available but later it was removed for the same obvious reasons.

Binance p2p is filled with scammers and its not good for the platform so how they can able to penetrate even having the KYC requirement s the Irony here anyway avoid trading with randoms because we never know who we are going to meet and if you do then make sure the person can be trusted by doing small multiple trades initially and always set up the meeting in crowded public places.

In person trading is lowest on the least of options for trading Bitcoin. It compromises the safety of your assets and also your personal security and puts you at risk even if it was done through a decentralised platform. There are so many safer options that one can use.

People should treat society to be as insecure as it is and always be on the lookout to protect your privacy and assets.

This is much more worse than even providing KYC self. I would say this actually defeats one of the main advantages of bitcoin which is privacy and anonymity. This coupled with latest trend of showcasing one’s personal wallet are a threat to one’s security.


Even with small amount there is the possibility of your address been monitored, the best is to go full anonymity and avoid KYC exchanges and trade on decentralized ones

Crime always occurs because there is a money motive in it. I think if I had to sell bitcoins to someone offline then I would sell small amounts of bitcoins, because it is too dangerous. For large amounts, maybe online trading is better, and if we use a trusted exchange it is also safe

This has just began on Binance and this is what will be happening on other exchanges.

We can see recently how robbers attacked bitcoin and other crypto users and this is becoming common. These are two recent ones:

Swedish Bitcoiners targeted by armed criminals
Binance Client Executives Kidnapped, Forced to Empty Crypto Wallet

You can now trade bitcoin and other crypto with other local traders on Binance and you will meet at a particular place that both of you talked about.

This is just not different from KYC if you trade with bad person. Avoid such physical trading.