Recently, Bybit has been hosting scammers on their P2p platform and a lack of quality support has aided these unscrupulous beings. A mutual was scammed of $800+ dollars some days ago. Anyone facing same issues?
I haven't made use of bybit at anytime right now though I know about the exchange so can't say anything little or much about them. Nevertheless, there are laid procedures and principles to be followed when doing a p2p transaction in an exchange and sometimes newbie traders or reckless traders fail to abide by these principles and then turn around to blame the exchange they use for a mistake or fault of theirs. Example, when a trader send/approve a trade when he has not received and confirmed payment yet. Is that a fault of an exchange? Am not saying this is the case with your mutual but am just giving instance of certain case on how some traders lose their money in p2p trade. 
Topic: what is wrong with Bybit? (Read 106 times)
I don't know how many trades I have done such platforms. Probably over 1000. I am not a merchant, but not at any instant did I ever lose money to scammers. Of course some have tried to scam me in the past but all in vain.
I follow the p2p trading rules to the dot. There is no way a scammer is taking away your money unless if you accept to be paid using reversible payment methods such as PayPal.
I follow the p2p trading rules to the dot. There is no way a scammer is taking away your money unless if you accept to be paid using reversible payment methods such as PayPal.
Recently, Bybit has been hosting scammers on their P2p platform and a lack of quality support has aided these unscrupulous beings. A mutual was scammed of $800+ dollars some days ago. Anyone facing same issues?
Bybit is not an option for me because of the bad experience I hard with them on the p2p market where a buyer paid me through third party account and I was asked to refund the money to the sender account to avoid regulatory issues, when I refunded, it took bybits support almost 40 hour's to cancel the order and refund my assets.I have not lost money on that excahge before but I know that their services and ventures are full of shady behaviours so I avoid using that exchange for anything.
No, although I tried it before and I am not sure what is wrong with it, however have currently been using Bitget P2P for some time and they have experienced merchants with proactive traders.
I haven't faced any problem so far, as I have used all three exchanges P2P. Like Binance Exchange, Kucoin Exchange, Bybit Exchange but so far I have not had any problem. But maybe Bitbit exchange's P2P is a bit slow entirely because people are late paying. However, if you confirm the release at the time of release, the most security will be achieved, if you give an approximate release, then I think it is normal to encounter problems.
Why do you release escrow if you suspect that someone is scamming you? P2P on CEXs provides you with a Bitcoin address that is completely controlled through the platform. exchange also possesses the account ID data. If you are defrauded, you must learn to avoid it in the future or create a buy or sell request and set your own rules.
Until I know the full details of the story, I'll be bold enough to say the person who was scammed was careless. It should be common knowledge that CEX P2P would be filled by scammers, that is why the platforms make different ways to make sure you're not scammed. If you follow the rules given by the platforms you'll hardly ever be scammed.
Bybit has a 15-minute transaction time and if the coin or the funds have not been transferred the transaction is canceled. When the other party says he has made the payment, you are to check if you've received and even before you release the coin, the platform warns that in no account should you release the coin unless you've confirmed payment and confirmed that the money is the actual amount you're to receive. So except the person was totally nonchalant about these measures, I don't see how he can be scammed.
Recently, Bybit has been hosting scammers on their P2p platform and a lack of quality support has aided these unscrupulous beings. A mutual was scammed of $800+ dollars some days ago. Anyone facing same issues?
Why do you release escrow if you suspect that someone is scamming you? P2P on CEXs provides you with a Bitcoin address that is completely controlled through the platform. exchange also possesses the account ID data. If you are defrauded, you must learn to avoid it in the future or create a buy or sell request and set your own rules. 
I can not face such issue because nobody was unable to scam me even when I am using decentralized exchange P2P and also when I am trading directly with people.
Until now you are lucky, that's all you can say for yourself :-). You will never know a bad day will come and you will become a victim. It's always good to stay alert all the time and follow the official guidance, common sense and experience. Good luck to you.I heard that Bybit P2P customer support are slow to respond but I have used the exchange P2P many times and no issue of taking it up to customer care. If you follow the rules of P2P trading and be wise about it, you will have less issues and no loss of money.
I have not used ByBit but I always do P2P exchanges, there are twice I had bad experience. Fortunately I did not lose large amount of money that I was not able to recover the loss. 
I can not face such issue because nobody was unable to scam me even when I am using decentralized exchange P2P and also when I am trading directly with people.
I heard that Bybit P2P customer support are slow to respond but I have used the exchange P2P many times and no issue of taking it up to customer care. If you follow the rules of P2P trading and be wise about it, you will have less issues and no loss of money.
I heard that Bybit P2P customer support are slow to respond but I have used the exchange P2P many times and no issue of taking it up to customer care. If you follow the rules of P2P trading and be wise about it, you will have less issues and no loss of money.
Recently, Bybit has been hosting scammers on their P2p platform and a lack of quality support has aided these unscrupulous beings. A mutual was scammed of $800+ dollars some days ago. Anyone facing same issues?
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