In P2P trading, it is essential to remain vigilant to avoid asset loss caused by fraudulent information or irregular operations. Below are common scam scenarios and recommended preventive measures.
Trading Red Lines
- No Release Without Confirmed Receipt: Never release assets until you have verified the actual arrival of funds in your bank or payment app. Do not rely solely on screenshots, payment receipts, or pressure from the counterparty.
- Reject Third-Party Payments: If the payer’s name does not match the real-name information of the counterparty on the order, stop the transaction immediately and initiate an appeal.
- Stay Within the Platform: Never communicate privately to cancel orders or handle refunds offline. If an anomaly occurs, preserve all evidence and file an official appeal through the platform.
If your bank card or payment account is restricted (e.g., "deposit only" or "transfer restricted") due to a transaction, please refer to: Bank Card Freezing Risk: Prevention and Handling Guide
Common Scams & Prevention Tips
Third-Party Transfer Risk
Scammers may pose as the counterparty and use a third-party account to send funds, creating a false impression of "payment completed" to induce the seller to release assets.
- Prevention:
If the payer’s information does not match the counterparty or involves a third party,
do not release the assets
. Preserve evidence and file an appeal immediately.
Forged Payment Proof
Counterparties may provide photoshopped screenshots, fake bank receipts, or reused old images to trick sellers into releasing coins.
Prevention Tip: Always verify the actual transaction record in your bank/payment app before releasing assets.
Screenshots and receipts are not definitive proof of payment. If you are being pressured or threatened to release coins, file an appeal immediately.
Incentivized Offline Trading
The counterparty may suggest private transfers or offline communication under the guise of being "faster, cheaper, or safer."
Prevention Tip: Keep all communications and transactions within the platform's official workflow. Avoid offline transfers or private escrow arrangements to minimize the risk of disputes.
Refund/Reversal Risk
Certain payment methods may have chargeback or dispute mechanisms that allow funds to be rescinded after the transaction.
Prevention Tip: Prioritize payment methods supported by the platform that offer verifiable and final settlement. If a refund dispute or abnormal notification occurs, document the evidence and handle it through the platform's appeal system.
Phishing for Sensitive Information
Scammers may request your ID, bank card details, or SMS verification codes under the pretext of "verification, unfreezing, or risk control."
Prevention Tip: Never share your SMS codes, account passwords, or sensitive identity information with a counterparty. All necessary verifications should be conducted through official platform channels only.
Induced Order Cancellation
A counterparty may persuade a seller to cancel an order first with a promise of a refund, or claim a refund is "on the way" to get the order closed.
Prevention Tip: Do not cancel the order unless you have verified that the refund has successfully arrived in your account. The platform does not guarantee offline refunds; canceling an order prematurely may make it difficult to protect your rights.
What to Do If You Encounter Anomalies
- Stop All Critical Operations Immediately: Especially releasing assets or confirming receipt.
- Preserve Evidence: Save order numbers, chat logs, payment proofs, bank statements/receipts, and key timestamps.
- Initiate an Appeal: Submit your materials through the order's dispute/appeal portal and wait for platform assistance.
