
Why Escrow Is the Future of Safe Online Payments
Peer-to-peer (P2P) trading offers freedom and flexibility, but it's also a target for scammers. Here are the top 3 common scams—and how to avoid them:
1. Fake Payment Proof
Scammers may send fake screenshots to claim they've made a payment. Always confirm payments through your bank or escrow wallet—not screenshots.
2. Chargeback Fraud
In crypto and digital product trades, the buyer might reverse the payment after receiving goods. Using an escrow service can prevent this.
3. Phishing Links and Spoofed Websites
Beware of links that mimic trusted platforms. Always check the URL and avoid clicking suspicious links.
Bonus Tip: Use platforms that verify users and offer secure messaging and transaction logging. Safety features go a long way in protecting your assets.