Topic: Make una dey careful when trading - page 2. (Read 316 times)

I figure out say for this our industry, wetin dey mostly kill people and wetin dey mostly make people fall victim to all these cheap scams nah GREED. People just too get big eye and scammers don notice am so them go use am as advantage and if you no take time, you go fall for those their chap scams. Else I no see any reason person why person go carry exchange market comot for he exchange. Come dey chat you outside the exchange. Your first approach first nah to go report that trader for that exchange, block am for WhatsApp after you don seriously warn am make him no ever contact you again.

The only reason them dey ask for number during trading na just to take precautions, just Incase person delay during the trade, maybe them don pay you and you no come gree release crypto or maybe you don pay the person and the person dey delay to release crypto give you, e don finish, no be to carry exchange matter comot for exchange. Anybody wey do like that, e wan swindle you.

So whether newbie or not person no supposed tel you say this kind thing nah scam them wan scam you, anything crypto na money matter and people supposed dey handle am with discretion and carefulness. No dey carry greed dey follow matter like this, nobody be father Christmas, everybody dey fine money, and if you loose guard you go collect, that small one wey you get, them go collect am from you.

I greet you to boss. Majority of people for here done do plenty mistake when trading because I come they get some funny experience with some exchanges this days make you no trade for exchange wey we no sabi. I they always fear when they mention trading. All does guys for p2p I hear say them get issue, the exchange no be mumu na so them wan use style scam the girl be that, i see say once you wan do anything for this cryptocurrency you need to be sharp if not my brother the things no go funny and I done read for Twitter I don't know how true say them done fuck plenty  guys up for physical p2p, because first of all I no know waiting carry them go do physical p2p, so make we they careful as our oga done talk.

Na so na true you talk. Why im wan trade for out the exchange when know say the exchange price e dey cheap for him. Omen thank you for this information. Na so dem dey do dey try to Scam people out the exchange so dat dem no go penalize am. Im think say im wise, and im don forget say na naija we dey as dem dey do dey scam we too dey wise up every day.

Anything exchange I dey very careful with them because my friend nearly fall for their hand well with $400 so after that incident I dey observe very well before I dey even release my coins for dem. Now dat promised wey im make na to lure her go corner then tell her to send very big amount of bitcoin if she get then promised her to pay double from the exchange and her head go swellow up then without wasting of her time for hope to receive big amount of money she go send the bitcoin and waiting received payment, guyman go disappear. And if you carry day case go to the exchange dem no go listen you because you no get the evidence from the exchange. So we have to look well and be careful with our trading.

One thing I have learnt from doing p2p transaction, juicy offer is a bait to get the naive or greedy ones. Another red flag way to know is they will then say you should send first before their payment. They may even say they are victim of p2p scam just to give you a false assurance that they are not scammers, but don't fall them. In fact do not be the first sender before receiving since you are sure that you will definitely pay once you receive the bitcoin or money and not otherwise because no body is to be trusted online.

People need not to be carried away just because of little offer deal that trader would want to do off the exchange. I know the exchange is not very pure and free from scam but it is better to trade p2p not to lose your money than to trade with a total stranger that is off the exchange.  Losing money all in the name of trading is very painful, I think people just neeed to do right thing and not to allow just increase of rate of trade to be used as a strategy to get into the hands of scammers. When it comes to trading people needs to be extremely careful because their are lots of scammers looking for who to scam.

Op this na very intereating discussion wey you carry come board. This na one of the reason wey make Oyibo create exchange, them make exchange so that we fit dey swap or exchange coin for fiat. So I no see reason wey go make person say make we trade outside the exchange wey be say, if I no confirm payment I no go fit release my coin give any buyer. Some persons sef dey do this kind of outside trade well well for this country, and some of their rates too dey good to be true, na why I no dey trust any vendor for this we country. I don hear of case sef wey person say the vendor show am sent transaction say make em credit am, and case like this the vendor go dey rush the seller or buyer to credit dem or release coin asap. But if you wise you go wait for confirmation before you release coin or send fundz, so if we dey do any kind of trade make we dey very patient until we receive result, not from the vendor but from our wallet or bank account.

Why will an experience trader that has been trading p2p before now agree to do a p2p trade out the exchanger she has been using to make successful trades. Never should you agree to trade p2p outside with anybody you don't know despite how much higher the price they will be offering.

Scammers are fond of using promises that are too good to be true is luring gullible newbies, never get greedy always use recommended and reputable channels for p2p. If anyone chat you on binance to trade outside binance never agree to it, you will be scammed if you do and you won't have who to report to.

I greet everyone I know many of us wey dey here suppose don get better understanding about crypto-currency and even how to trade on binance but I still believe that this forum is growing and there are still many newbies coming in.
 so to go straight to the point my friend who is a bit new to crypto-currency was telling me about here experience sell her Bitcoin a popular exchange she has already understood some of the basic on how to sell but this Time while selling the buyer asked for here number which she gave and then chatted her demanding that they trade outside the exchange, and even offered a higher deal than the exchange. this is a big red flag because you a vulnerable to getting scammed if you are trading with someone you don't know off the exchange no matter how juicy the offer is.