Topic: Use P2P methods to sell your crypto in local currency. (Read 150 times)

• List of P2P/no-KYC exchanges. Choose P2P exchanges / platforms from this list[/url]
• If you wan to double check information on KYC, use this https://kycnot.me/
• Make sure you self-restrict trades with new trade partners who have little past trades (or no past trade at all), because scammers always create new accounts to scam you
• Try to trade with old and trusted trade partners. If possible, let's find VIP, expert, power traders and any kind of trusted badge given by the platform. I don't imply that if you trade with them, you have no risk, but at least it is a little bit guarantee to protect you from scammers.

Actually accounts will be tagged only if there are conclusive evidence there to claim that accounts are in the control of same person and they have violates the campaign rules, when the tagged user claim that this transaction connection is due to the trade deal then the accuser will provide more evidence and bring out the truth.

Anyway doing p2p transactions on Binance p2p or from other exchanges can be convenient but they are not giving the privacy which is the actual reason why people prefer p2p transactions and I don't know how we can justify that we need to lose our privacy because we are at the risk of putting our account to be tagged.

Suppose you use Binance's P2P system to buy or sell your crypto with the local payment system within your country. Here are a few guides you must follow to note lose your Cash/Crypto.

• Always Check if the buyer/Seller is verified or not. This is important
• Choose Buyer/Seller with more than 98% Success trading.
• Always check the Order time frame before place your order
• If you selling crypto, Don't release your crypto before you got the payment

It's a bit hard when you are going to buy crypto using exchanges. You have to be extra careful when you buy.

I did use Binance for P2P a few times but only in small amounts. I am kinda scared in doing big transactions through P2P to someone I don't know or I cannot trust unless there is a trusted escrow.

However in my local city, I did P2P to a couple of guys in big amounts whom I trusted the most without any problems at all via face to face meetup. Trust, reputation and integrity are more important and expensive than what we have in our portfolio, bank accounts, etc.

As far as I know, very rarely do hunters get a red tag only for wallet connection. It become a very common issue, hunters would sell to the same person or use the same p2p. But if there is more solid evidence then transactions keep a role. At least I am not tagging anyone for this wallet connection reason for a long time. Everyone can't use p2p as you said on Binance or other similar platforms. Because tokens should have been listed on that exchange to be eligible for p2p trading.

It's not that hard actually.
If a user sells to a local buyer and another forum user sells to the same local buyer, chances are that this buyer would be dealing with a lot more users than them and would likely be sending out constantly to exchange the currencies.
If you track the blockchain transactions then you can see all the incoming and outgoing transactions and make a calculated guess; If the transaction has only occured between the two users then and no activity to suggest the account sent to is a trading account, then it would be difficult to prove they are not connected.

In my OP by local buyer, I mean buyer from his local community. In my country we have many crypto buy sell groups where people buy and sell crypto at their own risk and group admin became the middle man. Sometimes scamming happens with these type of transaction but people still do trade here in these way. Personally I do not use these methods though I know some buyer that's why I suggest bounty hunters to use P2P methods through any reputable crypto exchange.



It is very hard to determine who is telling the truth. Though I think most of them are actually multi-users and bring all of their tokens in a single wallet before selling them without knowing they could be caught. Still, I think there are a few who actually unaware of these circumstances and made that mistake. Later they failed to provide any solid proof and TBH proofs can also be fake and made so I do not want to defend anyone regarding this concern. Just create these threads so that some newbies can be careful when doing such things.

It is very possible and is considered in different cases, I'm on DT2 and I consider it. I've also seen threads were users were accused of being alts due to related blockchain transaction, but it was quickly debunked as being too vague to serve as evidence; A case by case basis, sort of.

If you come acirsee such threads and go through the evidence, you can aseell consider them and comment or tag based on your conclusions.

As your topic said, P2P, meaning it is pair-to-pair trading which means most of the time, but in this case, you may not trust the buyer, a middle person is always needed and it has to be a trusted person to avoid scam attempts by any of the traders. Most of the trades that happen here require an escrow (middle man) to ease transactions and sometimes, people do trust the other traders due to the reputation they built here but the bounty hunters are always clear of cheating, you hardly see them use an escrow or trade here on bitcointalk and you expect people to believe you.

I have seen cases where BNB between two accounts transactions are ignored but there is one dubious thing you see happening between two or sometimes up to 10 accounts( often operated by one person) sweep tokens from all the addresses into a single address and then send them to an exchange, these are most likely farming accounts that are robbing companies and making other participants earn less.

If not that they are always lying, we would have seen cases of the buyers running from with their tokens but you hardly see them complaining about that and these transactions are always input transactions without an output. If you feel you sold a token to a buyer, you should receive something in exchange for that like BNB, ETH and so on but no, it is always the buyer that always received tokens from different users.

In the reputation board, I saw many accounts been red-tagged because of having transactions to a single wallet from many wallets that have been used in the same bounty campaign. Maybe those transactions from the same person have multiple accounts or a different people I do not know. But I saw most of them claiming that they sell their crypto to a local buyer which lead to this confusion.

It is not possible to verify who is actually telling the truth and who is not so I am suggesting honest hunters and newbies use P2P trading features to sell your crypto for your local currencies. I think major exchange like Binance, Kucoin, Bybit offer a wide variety of local currency and payments methods for their P2P traders. This will prevent you from being red taged if you really do any P2P trade to your local buyers because it is possible and logical that some hunters could sell their crypto to that same buyer.